In WoW Classic, auctions are a great opportunity to sell items that are useless to you and earn gold. But first, you must understand the operating mechanism of the auction house, otherwise you may lose money due to various unexpected costs. To conduct an auction, you should first prepare a specific list of items, either a piece of equipment or a stack of materials. You need to set a name for the list so that players who need to purchase the item can find your auction directly through the search function. Each list can hold up to 20 items. In addition, you also need to select the auction time, item level requirements, bid price and buyout price.
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If you want to get the most out of your trade, you should set the correct bid price and buyout price. For those very cheap items, players prefer to buy them directly at buyout price, because each time the auction will extend the auction time of the item by 5 minutes until no new players are involved, which will cost a lot of time. . Simply put, you can set the bid price to be low, because many players will compete for the auction, and you don’t have to worry about it being sold at low prices. You just need to set the buyout price to the price you want and wait for others to buy it.
In addition to the price, the important factor you need to consider is the auction time, because it determines how much you need to pay the auction house if the auction fails. You can set the auction time to one of four states: less than 30 minutes, 30 minutes to 2 hours, 2 hours to 12 hours, or 12 hours to 48 hours. The longer you have, the more margin you will have to pay. But don’t worry, once your item is sold successfully, all your deposits will be refunded.
The last question you need to consider is taxes. The auction house will charge a certain amount of tax after each successful sale of the item. Factional auction houses have a tax rate of 5%, while neutral auction houses have a tax rate of 15%, which is the price you have to pay to trade with the enemy. Therefore, in general, try to avoid selling your goods at a neutral auction house. If you are not even willing to pay a 5% fee, then you’d better face-to-face with other players, but that will take a lot of time.
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