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Auction House issue (Math Below)
syka08
Member, Neverwinter Beta Users Posts: 0 Arc User
I'm not sure whether to file this under a bug or not. But I think there's something wrong with the Auction house returns. I'll admit I've not paid a lot of attention to what I'm supposed to be receiving back for my sales until recently, now that I'm trying to turn profits off of Zen store items.
So I recently sold an item at 100,000 AD. The AH says its cut is 10%, which is 10,000 AD, which means I simply should receive 90,000 AD back. (that does include the posting price, which you get refunded when your item sells). I posted the Bid at 99,000AD , which they charge 1980 AD for.
So, how does the game-mail message that "You have sold 1 ____ on the auction house to ____ for 100000 Astral Diamonds. The net income after fees is 87500 Astral Diamonds, plus a refund of the initial posting fee of 1980 Astral Diamonds." make ANY sense?
First off, my net income should be 88020 AD. 90,000 AD - 1980 AD = 88020 AD. So already, their equation is off somewhere, or I'm missing something.
My complete return from the sale was 89480 AD, not the 90,000 AD that it should be, again, unless I'm missing something.
So, if my math is right, which I think it is, the AH is actually taking 10.52%, not the 10% as advertised. It's kind of crying over pennies to some, but that IS AD I've earned and would like every single diamond.
Sooooo... anyone else notice oddities in their sales? Is my math correct? Am I missing something?
So I recently sold an item at 100,000 AD. The AH says its cut is 10%, which is 10,000 AD, which means I simply should receive 90,000 AD back. (that does include the posting price, which you get refunded when your item sells). I posted the Bid at 99,000AD , which they charge 1980 AD for.
So, how does the game-mail message that "You have sold 1 ____ on the auction house to ____ for 100000 Astral Diamonds. The net income after fees is 87500 Astral Diamonds, plus a refund of the initial posting fee of 1980 Astral Diamonds." make ANY sense?
First off, my net income should be 88020 AD. 90,000 AD - 1980 AD = 88020 AD. So already, their equation is off somewhere, or I'm missing something.
My complete return from the sale was 89480 AD, not the 90,000 AD that it should be, again, unless I'm missing something.
So, if my math is right, which I think it is, the AH is actually taking 10.52%, not the 10% as advertised. It's kind of crying over pennies to some, but that IS AD I've earned and would like every single diamond.
Sooooo... anyone else notice oddities in their sales? Is my math correct? Am I missing something?
contents to be decided
Post edited by syka08 on
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(100k - 12.5k = 87500 - the fee is separate, and refunded in your total earnings.)
The reason you lost 12.5% is because you used the remote auction house. If you go locally and click on a AH dude, the fee is 10%. If you do it remote - ingame, the fee is 12.5%.
You can do it remote ingame for 10% too, but you'll have to put the item you want to AH in your first bag, then log on the gateway (gateway fee is always 10%).
-Epic Dread Vault Crushed.
Characters (Dragon): Axer (60 Guardian, Leader of Crush It!), Controller (60 Wizard), Warlocker (60 Warlock)
I have heard of ways this can happen when posting at the auction house, too. Like if something interrupts your interaction with the auction house while the consignment window is open.
Actually, the Gateway interface says it takes a 10% cut, but in practice is the same as using remote access, 12.5%. That's probably what happened to the OP. There's a thread about this near the top of the bug forum right now.
Also, something I read about in the bug forum a bit back, even if you are at the in-game AH, if you take any action that interrupts your interaction with the merchant (OP in that case had opted to invoke when someone tossed out an altar), the game sets you into remote access mode. The same thing happens with mail, except then it's glaringly obvious that you can no longer send or loot items, and you need to re-click. With the AH, if you don't notice that percentage text change, you'll get dinged for it.
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Edit: Good to know that the Gateway is doing this. I'm just going to adjust my excel sheet to 12.5% and be happily surprised if I make more than that then for now.
Now, I didnt realize that there was a difference between doing it remotely in-game or not. So that's good to know.
It's not. Posting fee is refunded flat, after the AH percentage is calculated.
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Said bug-thread earlier mentioned.
Thanks for the info!
moral 1 of the story: if you want to maximize profits, ALWAYS go to the AH in PE. Got it.
Moral 2: Text based errors are fricking annoying.
Holy Sh*t... it would be nice for them to make this known. I've only used the remote AH and must have sold at least a million in AD. I want my 25K AD back!!!!! Whaaaa....... Guess it cost a lot of AD to program that broker....
Remote AH in-game, all you need to do is read. Says right on it, 12.5%.
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Thank you all who posted constructive and helpful things ^_^
You have no idea that the AH is 10% unless you have gone there for some reason and then checked/noticed the rate. As I found the remote broker link on day one I had no reason to believe that the cut is different on at the actual AH. Anyway no big issue. My post was half sarcastic.
The thing is, the broker quest doesn't really talk about using that interface to sell stuff.
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