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Should there be a limit to AH undercutting ?
lowendus
Member, NW M9 Playtest Posts: 322 Arc User
Just asking.
I usually post sth in the same price as the last person posting the same item before me since I expect a buyer will buy the most recent item posted at the lowest available price. If it's two or three at the same price, they will buy the one posted last and at the top of the list, so there's no need to lower it any further.
I do this mainly cuz I don't like undercutting the person before me and I feel that I'm not contributing into extreme drops of prices in the AH.
Since it does bug me when I see someone post an item 10-20 and I've even seen 100K AD less than the last person, do you peepz think there should be some kind of limit to the lowest price of an item (depending on quality and number of posted items, not flat) in the AH ?
There's a similar system to another game I'm playing, where you just can't post below the lowest suggested market price, which I find good in my opinion, since it balances the cost of acquiring (running content for) the said items and maintaining the economy and content involvement to a healthy level.
Whatcha guys think ?
I usually post sth in the same price as the last person posting the same item before me since I expect a buyer will buy the most recent item posted at the lowest available price. If it's two or three at the same price, they will buy the one posted last and at the top of the list, so there's no need to lower it any further.
I do this mainly cuz I don't like undercutting the person before me and I feel that I'm not contributing into extreme drops of prices in the AH.
Since it does bug me when I see someone post an item 10-20 and I've even seen 100K AD less than the last person, do you peepz think there should be some kind of limit to the lowest price of an item (depending on quality and number of posted items, not flat) in the AH ?
There's a similar system to another game I'm playing, where you just can't post below the lowest suggested market price, which I find good in my opinion, since it balances the cost of acquiring (running content for) the said items and maintaining the economy and content involvement to a healthy level.
Whatcha guys think ?
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People take it from there and overprice or undercut bu 100's of K of AD.
So I guess that would be the developer, same as the other game I'm playing.
There's minimum price tag under which you are not allowed to post the item.
It keeps the value of items relative to their means of acquiring or usefulness.
Dunno how it could or would work in NW, just asking to see what the general feeling about undercutting prices in the AH is.
Would setting a limit to the lowest price benefit the AH and item prices or not ?
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As far as undercutting, the best strategy is to only post a lower than cuurent low price on slow moving items. For things that are bought in bulk such as RP, posting at a less competitive price usually sees good results if not always fast ones.
As far as people wildly undercutting, if you have VIP, hold the line and let the market readjust. If the lit expires, repost it in lune with the current prices. If you don't have VIP fee-less posting, be patient and let the market readjust.
If course if the undercutter goes low enough and you feel the demand is good, consider flipping the item yourself. Just remember that you will lose 10% of the sale price when deciding whether to buy! You will need at least a small window for profit, even if you are more concerned with protecting the value if your original item.
Well other than reducing the amount of items which are junk which I don't see realistic the way the game is set up.
As kreatyve said, some people will always undercut. A limit won't solve the problem and in fact could make it worse. Better off just leaving it alone.
That would be my only concern
Not at all, never, in any way.
If you think someone undercut you I suggest to buy their item and try to sell it at the appropriate price.
As for setting a "floor" for undercutting - no way...it's a free market - however, it might be a good idea to have an undercutting warning, if you are, say 50% or more below the current market value - just in case you forgot one "0" or something like that.
1. The guys posting are greedy HAMSTER and their prices are unrealistic high. I want to sell, so I post at an reasonable price.
2. Drop rates changed, devaluing the items bc supply became higher, then demand.
3. New items making other items obsolete. Supply stays the same, but no demand.
4. Changes are announced, that have a massive effect on the value of the item (price of a GMOP was changed from 100k to 25k, with a cap ppl would have had to wait until they can sell them for realistic prices or wold have had to keep them until they lose 75% of their worth).
I've posted items that have been undercut by 100k and more pretty quickly. it happens, while it is sometimes annoying, it happens. on the flip side of the coin, I have bought some items that have been on sale at a massively undercut rate, so what I may have lost to being undercut, I have benefited and then some from others doing it.
I don't see any reason why a there should be a limit to it, someone loses by it, as I have, but many reap the benefits.
Just because someone is asking a set price doesn't mean that's the value either...
I get instant da and "poor" players make a a good deal.
And i dont know if it's a bug but when you cancel an auction because the price "base" changed overnight, i don't get refund for fees... (ps4)
So instead of loosing fees multiple time, i prefer undercut from the begining.
You don't pay a posting fee with the appropriate VIP Level.
when lightfoot thief was one of the must have companions, and were listed at 1 million+AD, someone posted one for 500k. I snapped it up and immediately reposted it and ended up almost doubling my AD.
You might be pissed about it personally.. but overall its a good thing.
Jeebus.