How to Make Gold on the Auction House

It's really not possible for me to tell you to go buy some items, resell them, and make a lot of money. The most obvious reason is because each server / faction is it's own unique economy. Even if I could tell you to go buy Frozen Orbs when they are below 50 gold and resell them for 75 gold once people obtained that information and started doing it on every server it would no longer work for everyone.

That is why the most important thing for making money in the auction house is being able to find your own niche and know when to sell.

If you really sit down and think about it, there are optimal times to sell items and times that are bad to sell items. Obviously, on the weekend when every single person is off of work, school, or sitting around playing WoW; that's probably not a good day to try to sell stuff unless your selling an item that raiders need because that's when most raids happen.

So you can see by that example that you have to apply common sense and logic to your gold making strategies. On a weekend a lot of people are running heroics, so why would you try to sell Frozen Orbs on the weekend? On the other hand, it is probably one of the best times to buy Frozen Orbs and other items people are farming because they usually sell for cheap.

Generally speaking, you'll see prices for a lot of things go down on weekends and come back up during mid week. This is generally true but like I said each server is very unique.

So instead of me going over items to sell, which is going to be epic fail, let's go over methods you can use to ensure you always have success on the Auction House.

1 - Tracking Prices

Whether you write this down or make a spreadsheet like I have for it, you'll want to track prices. Start off by picking a few items that you might be interested in selling. Maybe they come from a place you farm regularly or a profession you have, whatever the item is, let's track it.

In this tracking sheet it is necessary that you record both the lowest selling, highest selling, and total quantity available on the Auction House at least 1x per day. Make your sheet cover everyday of the week and record this information to the appropriate day. If you are good with graphs, make a graph. After a few weeks of tracking you will begin to see an obvious pattern and no exactly when to buy and when to sell this item.

2 - Hold onto Items

You should always expect to maintain a bunch of items that you are selling in your inventory. You never want to flood the market with hundreds of the same thing, you will only bring the prices down on your server. Keeping items to sell at your price, on your terms, and when the time is right is one of the smartest things you can do.

Most people think they can just get a bunch of items, get rid of them quickly, and make a lot of money. This is almost never the case.

Hayden_Hawke

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