Auction House

Desommettor · May 2016

Another Auction House post

This is a big concern because the game has switched to a gear based instead of a more skill based model. ATM there is no easy access to sell your items to other players (current options on consoles are standing in the oh so "lovely" area chat for hours trying to sell or paying dues for guild traders that are not frequently visited unless you are apart of a big merchants guild)

It makes the task of gearing up a complete chore. I can make maybe 10k gold an hour farming and selling to NPC vendors.Currently just upgrading your gear to gold takes anywhere from 200,000 to 450,000 gold that means for someone without a merchants guild would have to spend 45 hours of actual play time just to gear up, not counting the time to actually find or purchase materials to have gear crafted. assuming you can actually play 4-6 hours a day everyday (most working adults can't) that means to gear up it would require that player a week and a half of doing nothing but grinding mobs and not enjoying the game. only for a patch to come out in 3 months to make all your gear worthless again.

It would be different if everyone had access to sell but we don't.

emily3989 · May 2016

Join a top trading guild if you can, I did easily. I had 5 guild stores full of stuff and nothing was moving. I joined one top trading guild and have sold over 30K of stuff in just 2 days. The fee is negligible IMO, I can go on a thieving spree for 20 minutes and fence enough to pay my weekly fees.

And with 1 auction house, people would be cornering the market on certain mats almost instantaneously, buying up everything in demand and cornering the market.

And ESO DLCs do not make gear worthless, they have not had an increase in level/gear in a long time, so I am not sure what you are even talking about. The only reason people switch gear is to FOTM or meta build for PvP/Trials type content.

Elsonso · May 2016

Top trading guild out there do have openings, at least on PC NA.

With out a guild finder tool, it can be hard. Guilds in ESO were expected to be more private, I think. They are only just getting warm to the idea that strangers might want to find and join them.

Desommettor · May 2016

Any of you know a top trading guild on XB1 NA and how to begin to get in contact with someone who can invite?

Uriel_Nocturne · May 2016

emily3989 wrote: »

Join a top trading guild if you can, I did easily. I had 5 guild stores full of stuff and nothing was moving. I joined one top trading guild and have sold over 30K of stuff in just 2 days. The fee is negligible IMO, I can go on a thieving spree for 20 minutes and fence enough to pay my weekly fees.

And with 1 auction house, people would be cornering the market on certain mats almost instantaneously, buying up everything in demand and cornering the market.

And ESO DLCs do not make gear worthless, they have not had an increase in level/gear in a long time, so I am not sure what you are even talking about. The only reason people switch gear is to FOTM or meta build for PvP/Trials type content.

This.

DjSolJAH · May 2016

1 global auction house would be exploited easily. Bots would scoop up any profitable deals that hit the market before you could ever have the chance to buy them. Prices would become fixed easily and you would never be able to find a "deal"

emily3989 · May 2016

Desommettor wrote: »

Any of you know a top trading guild on XB1 NA and how to begin to get in contact with someone who can invite?

Click on Categories, scroll to bottom, entire section on guild recruitment for each platform/server combo, start there.

Note: I responded to one, but heard nothing, so I whispered the character tag from the post and got invited quickly, another one got on a waiting list. They said they stopped using forums cuz they were getting overrun by gold sellers. Just keep this in mind.

Beardimus · May 2016

Yeah auction house would be bad in my opinion. Some graft is good hunting for things and prices and it would be lore breaking surely.

Get in with the right guilds, sell the right things and you'll be fine. Go pro-thieving too!

THEDKEXPERIENCE · May 2016

Or just do what I do. Completely ignore the weekly dues, and only donate when you feel that the guild has done enough for you to justify you doing business with them. If they kick you out, their loss. Find another. If you move enough merchandise many people are smart enough to not cut off their nose to spite their face.

I move 50 to 100k in merchandise a week in my guild trader. Didn't pay a due for a few months, then tipped them 20k since they were good at keeping their trader up. If a guild trader isn't smart enough to ride the gravy train then that's their fault.

DHale · May 2016

No no no. Auction house is the worst idea ever. If you want auction houses go play another game. I got a gold vd neck for 36 k gold and a purple marksman ring for 6.9 k bc I shop around and the sellers don't. I got five pc worm vr 16 set less than 50 k bc I shop around. Part of skill based game is leveraging the game mechanics including the guild traders. You write about skill based play but then suggest auction house for dummies. I waited to get motifs when they are 500 not when they are 50k or even 5 k. The value of something is not actual value it is perceived value. Someone will pay for something they percieve as valuable. I farmed a five piece lich set I could sell for a million (or more) I likely have two sets I don't even use it... Why cause it sucks. Julianos even kags is better but ppl believe it's good as some twitch streamers say it's best in slot. So they farm it like crazy hoping to get it. Just like scathing Mage or shadow walker or ravagers in the older patches. Ppl will still sell warlock vr 12 rings for 250 k and someone tried to sell me divine vr 14 footman gloves for 25 k. I went to an obscure trader and bought purple vr 14 foot gloves for 300 gold. Not 25 k. Saved myself 24,700 gold for being skilled. An auction house would just wreck the economy.

THEDKEXPERIENCE · May 2016

Side note: Don't spend 5000 gold a week on dues if you're not going to be actively trying to sell things that actually sell. If you're the guy who lists 10 iron ore for 1000 then your wasting you're money. Similarly if you're the guy who sells tempering alloys for 25k each you're also wasting your money. If you want to sell things take an inventory of what the prices are at the most populated areas and post your items for 20 to 50% less than the lowest price. Undercut everyone. If your guild doesn't like that, leave them.

Remember if you have the product to move you're the most important cog in the machine. If you have garbage to sell you're only gonna get garbage in return.

wayfarerx · May 2016

DjSolJAH wrote: »

1 global auction house would be exploited easily. Bots would scoop up any profitable deals that hit the market before you could ever have the chance to buy them. Prices would become fixed easily and you would never be able to find a "deal"

This. I would do this. I would try not to, and I would feel bad about it, but I would almost certainly do it anyway. I cannot resist a tractable engineering problem.

As it is now I'm happy buying raffle tickets from and selling wares for the one great trading guild I'm in. Keep wayfarerx honest and say no to a global auction house!

Gidorick · May 2016

Link to the original post with details!: http://forums.elderscrollsonline.com/en/discussion/159594/eso-needs-an-auction-horse-expanded-concept/p1

Fallen_Ray · May 2016

DjSolJAH wrote: »

1 global auction house would be exploited easily. Bots would scoop up any profitable deals that hit the market before you could ever have the chance to buy them. Prices would become fixed easily and you would never be able to find a "deal"

As it is right now I've never been able to find a deal either. I've surfed for days to each and every guild trader in each country of each faction on this blasted continent of Tamriel and haven't seen a ring of willpower drop lower than 70k. My guildmates tell me they have gotten them for 20k. After days of useless world shopping I farmed some bone shards and it took me 3 attempts to get both rings, which only took a few hours. First attempt a ring, second attempt "nada" and third attempt the ring. Won't ever waste time shopping for a non existing deal ever again.

This time farming was faster for me...this time

Immortal_Dark410 · May 2016

Gidorick wrote: »

Link to the original post with details!: http://forums.elderscrollsonline.com/en/discussion/159594/eso-needs-an-auction-horse-expanded-concept/p1

Nice poster I like it lol & This

emily3989 · May 2016

Fallen_Ray wrote: »

DjSolJAH wrote: »

1 global auction house would be exploited easily. Bots would scoop up any profitable deals that hit the market before you could ever have the chance to buy them. Prices would become fixed easily and you would never be able to find a "deal"

As it is right now I've never been able to find a deal either. I've surfed for days to each and every guild trader in each country of each faction on this blasted continent of Tamriel and haven't seen a ring of willpower drop lower than 70k. My guildmates tell me they have gotten them for 20k. After days of useless world shopping I farmed some bone shards and it took me 3 attempts to get both rings, which only took a few hours. First attempt a ring, second attempt "nada" and third attempt the ring. Won't ever waste time shopping for a non existing deal ever again.

This time farming was faster for me...this time

Well, they got add ons now that track sales, I just hover over an item in my inventory and it gives me min/max/avg prices, but deals are still to be had, just not as frequent as days gone by.

Fallen_Ray · May 2016

emily3989 wrote: »

Fallen_Ray wrote: »

DjSolJAH wrote: »

1 global auction house would be exploited easily. Bots would scoop up any profitable deals that hit the market before you could ever have the chance to buy them. Prices would become fixed easily and you would never be able to find a "deal"

As it is right now I've never been able to find a deal either. I've surfed for days to each and every guild trader in each country of each faction on this blasted continent of Tamriel and haven't seen a ring of willpower drop lower than 70k. My guildmates tell me they have gotten them for 20k. After days of useless world shopping I farmed some bone shards and it took me 3 attempts to get both rings, which only took a few hours. First attempt a ring, second attempt "nada" and third attempt the ring. Won't ever waste time shopping for a non existing deal ever again.

This time farming was faster for me...this time

Well, they got add ons now that track sales, I just hover over an item in my inventory and it gives me min/max/avg prices, but deals are still to be had, just not as frequent as days gone by.

Saldy I'm on PS4... I don't have that convenience.. T_T

Articulemort · May 2016

danielpatrickkeaneub17_ESO wrote: »

Side note: Don't spend 5000 gold a week on dues if you're not going to be actively trying to sell things that actually sell. If you're the guy who lists 10 iron ore for 1000 then your wasting you're money. Similarly if you're the guy who sells tempering alloys for 25k each you're also wasting your money. If you want to sell things take an inventory of what the prices are at the most populated areas and post your items for 20 to 50% less than the lowest price. Undercut everyone. If your guild doesn't like that, leave them.

Remember if you have the product to move you're the most important cog in the machine. If you have garbage to sell you're only gonna get garbage in return.

All you would be doing by doing this is effectively driving all prices down. Guild mates will see what you are doing and also drop their prices down to yours. Then in your logic, you would drive your prices down another 25%, to make sales, and so forth. Which is turn means your guild is making less money on sales, which will make them require higher weekly dues or forfeit the trader because they can't keep their bid high enough. Now, you just effectively destroyed a guild, good job buddy, keep up the good work.

Undercutting a few percentage with limited resources to make a quick buck is fine. To undercut 20 - 50% is just dumb, not to mention you are cutting into the profit you could be potentially making just by not wanting to waiting a few days longer to make your sale.

Makkir · May 2016

Bots aren't even the first problem anymore. Asking for an auction house at this point is just asking for a catalyst for hyperdeflation. I can count on one hand what the hot selling items are, so it's a HORRIBLE idea to implement a global auction house right now. At least the guild traders are slowing the collapse somewhat.

Thankfully, a ton of the new sets in DB are BoE as this will help boost the price on several goods including the BoE gear itself.

You guys want an auction house for all the wrong reasons. Your convenience is your ill-perceived paradigm.

Desommettor · May 2016

Makkir wrote: »

Bots aren't even the first problem anymore. Asking for an auction house at this point is just asking for a catalyst for hyperdeflation. I can count on one hand what the hot selling items are, so it's a HORRIBLE idea to implement a global auction house right now. At least the guild traders are slowing the collapse somewhat.

Thankfully, a ton of the new sets in DB are BoE as this will help boost the price on several goods including the BoE gear itself.

You guys want an auction house for all the wrong reasons. Your convenience is your ill-perceived paradigm.

So are you saying there would be no items to go around?

Makkir · May 2016

Desommettor wrote: »

This is the problem exactly though, It's the high cost and low availability that makes it so hard to gear up in ESO. Making those who have access to the traders rich and everyone else poor. Don't forget you would lose profit but all the things you would be buying would be more readily available and cheaper. It's a win win.

I am going to shut you down right now and say this is a L2P issue, just as it's a L2P issue when someone on the PvP forums cries Nerf X, because X killed him/her.

I am an adult who works 50+ hours a week with about 2 hours game time each day IF I AM LUCKY, as I have two daughters aged 2 and 7. I am currently sitting on 45 million gold on this account, and a few million gold on my second account.
I average over 100k in sales each day between all 5 of my trade guilds. My main is completely geared (all v16 yellow), some of alts are as well.

7 of my characters are 9/10 crafters in Woodworking, clothing, alchemy, and blacksmithing. A couple are 9/10 in enchanting as well. Each day, I log in to complete the Belkarth crafting writs. And that is really about it when it comes to "Farming". I run dry on nightwood more often than anything else. The 9/10 crafting materials sell hotter than any other material right now because of this, and because outside of Rub. Leather, NO ONE is buying ancestor silk, ruby ash, or rubenite ore anymore (that is until DB). It is FAR more profitable to farm in Craglorn than any place else because of the potential to acquire fortified/potent nirnhoned (4.9k/18k respectively prices on guild store) and because that tier materials is hotter than the later tier.

While I was "grinding" my alts to reach this crafting goal, I used my stamina templar to grind in a certain gold zone dungeon and used my banker assistant to deposit all my voidsteel/nightwood/shadowspun/silk gear drops. I then logged in my alts to decon that gear to power level my crafting skill lines. This dungeon also netted decent coin drops along with terrific shadowhide drops which I would refine on my main crafter (for the extraction bonuses) to stock up on dreugh wax.

The refining of all the raw materials I get from Craglorn writs also nets me gold tempers along with reward bags from turning in the writs.

Timing is also crucial. You get more gold selling your stuff on Fri-Sun than you do during the week, and listing them in awkward stacks will also net you more money. Don't sell tempers in stacks of 8 for example. Sell them in stacks of 5 priced a little higher so the buyer is forced to buy 2 stacks. If you sell them single, then charge more for the single.

It takes me maybe a half hour a day to log in to each character and finish the writs. I just save the surveys and pound them out over a weekend. I spend the rest of my time 1vXing in Cyrodiil, which is my real joy in this game. The Rewards for the Worthy mails I get are another source of income. The VD gear with desirable traits nets a few thousand gold piece for me.

The last gold tip I will make public is this. For some reason, people go into a frenzy when a new DLC is available and try to be the first to obtain all the new shiny stuff. I have NEVER used motif pages when a DLC comes out. I spent 2 million gold on Cyrodiil treasure maps when TG was on the PTS because I knew once it went live those maps would go up in value as all the instant gratification players would be racing to complete the Alliance Motif collections. I made my money back quad-fold that release week because I did not learn a single new motif. I KNEW that in the weeks to come the price on those motifs would plummet, as they always do, so it's better to sell all your new shiny items (even BOE gear) and just buy it weeks/months later when the price sinks so low. I used my treasure maps and had a bank full of covenant motifs which I then sold on guild traders so a ton of gold. First week of release I was getting 80-150k for motifs because I was well prepared for the DLC.

The "commerce" part of this game is just as much content as trials, PvP, dungeons, etc are. If it was THAT EAST to make a ton of gold, then every one would be doing it. It takes effort and work and some smarts. It also creates a wall, a gear disparity between people who work hard to obtain v16 gold gear versus people who don't. And that to me, is kind of the point in an MMO. WoW got bad when it started handing out welfare epics to casuals.

There is saying that you cannot have your cake and eat it too. If you want enough gold to afford your end game gear, then you need to make sacrifices. Take a week off from PvP to practice some of the tips I pointed out above.

With the changes coming with the DB DLC, I would advise you to consider "investing" in some items that will potentially go up in price at least the first week on the expansion release (this includes v16 materials as the trait changes are going to force PvPers to re-craft a lot of their gear), certain flowers for poison crafting, and of course upgrade materials. There was a recent exploit that created an influx of materials which of course caused a plummet in prices. It's a good time to buy up some materials cheap, especially Ruby Ash since every single stave user out there is going to have to recraft a sharpened staff instead of nirn.

emily3989 · May 2016

Articulemort wrote: »

danielpatrickkeaneub17_ESO wrote: »

Side note: Don't spend 5000 gold a week on dues if you're not going to be actively trying to sell things that actually sell. If you're the guy who lists 10 iron ore for 1000 then your wasting you're money. Similarly if you're the guy who sells tempering alloys for 25k each you're also wasting your money. If you want to sell things take an inventory of what the prices are at the most populated areas and post your items for 20 to 50% less than the lowest price. Undercut everyone. If your guild doesn't like that, leave them.

Remember if you have the product to move you're the most important cog in the machine. If you have garbage to sell you're only gonna get garbage in return.

All you would be doing by doing this is effectively driving all prices down. Guild mates will see what you are doing and also drop their prices down to yours. Then in your logic, you would drive your prices down another 25%, to make sales, and so forth. Which is turn means your guild is making less money on sales, which will make them require higher weekly dues or forfeit the trader because they can't keep their bid high enough. Now, you just effectively destroyed a guild, good job buddy, keep up the good work.

Undercutting a few percentage with limited resources to make a quick buck is fine. To undercut 20 - 50% is just dumb, not to mention you are cutting into the profit you could be potentially making just by not wanting to waiting a few days longer to make your sale.

In a free market economy I can sell whatever I want for whatever I want. If I want to sell a Potent Nirn for 1K, it's nobody's business but mine, plain and simple. Telling people that they have to sell a specific item within a set price range is, well, about the worst thing you can possibly do to any market system.

As far as what guild members would think, I cannot speak for anyone else, but I don't know the name of any of the 500 people in the trading guild I am in except the person that invited me, and I certainly don't look at what any of them are selling. I simply mouse over the item, look at the sales statistics, and then put the price I want to on it. I more than meet my weekly sales quotas, hard to believe anyone would discriminate against me for what I want to sell MY items for in an open market.

Desommettor · May 2016

emily3989 wrote: »

Articulemort wrote: »

danielpatrickkeaneub17_ESO wrote: »

Side note: Don't spend 5000 gold a week on dues if you're not going to be actively trying to sell things that actually sell. If you're the guy who lists 10 iron ore for 1000 then your wasting you're money. Similarly if you're the guy who sells tempering alloys for 25k each you're also wasting your money. If you want to sell things take an inventory of what the prices are at the most populated areas and post your items for 20 to 50% less than the lowest price. Undercut everyone. If your guild doesn't like that, leave them.

Remember if you have the product to move you're the most important cog in the machine. If you have garbage to sell you're only gonna get garbage in return.

All you would be doing by doing this is effectively driving all prices down. Guild mates will see what you are doing and also drop their prices down to yours. Then in your logic, you would drive your prices down another 25%, to make sales, and so forth. Which is turn means your guild is making less money on sales, which will make them require higher weekly dues or forfeit the trader because they can't keep their bid high enough. Now, you just effectively destroyed a guild, good job buddy, keep up the good work.

Undercutting a few percentage with limited resources to make a quick buck is fine. To undercut 20 - 50% is just dumb, not to mention you are cutting into the profit you could be potentially making just by not wanting to waiting a few days longer to make your sale.

In a free market economy I can sell whatever I want for whatever I want. If I want to sell a Potent Nirn for 1K, it's nobody's business but mine, plain and simple. Telling people that they have to sell a specific item within a set price range is, well, about the worst thing you can possibly do to any market system.

As far as what guild members would think, I cannot speak for anyone else, but I don't know the name of any of the 500 people in the trading guild I am in except the person that invited me, and I certainly don't look at what any of them are selling. I simply mouse over the item, look at the sales statistics, and then put the price I want to on it. I more than meet my weekly sales quotas, hard to believe anyone would discriminate against me for what I want to sell MY items for in an open market.

I agree with this 100% only problem is most XB1 traders guilds will kick you for undercutting prices.

Immortal_Dark410 · May 2016

I would have to agree with @Makkir on this one, I mean i came from a Centralized Auction house back round got into ESO and had to Learn the economy and how it works to get anywhere. Ya its a work in progress you have to put time in it, but nothing is free and it shouldn't come just like that. It's not hard to list items for sale, now you can sell at what ever price you like no one is saying anything, only time someone says something lets be honest is in "Zone Chats" when you post there. As for Guild stores you throw item in the store if someone wants it they buy it, if it doesn't sell then you rethink your process and why it isn't selling. At the end of the day if your looking for a convenience in terms of terms of searching for an item then post in zone for your requests if you dont want to travel to trader locations. But by asking for a Centralized AH just because a individual is to lazy to port to a trader and check a stall is not helping anyone except that persons laziness. The Same individual will be the one complaining that "Listing items takes too much time & Making gold is too hard", when in reality that isn't even the case if you are actually working at it.

Makkir · May 2016

@Desommettor I didn't realize you were on XB1. My wife has an account on XB1, but I am largely a PC NA player. I do have a toon on the XB as well. There are problems that exist there that are absent from PC. For one, you don't have text chat.

But I do want to enlighten you and ask you to be thankful you don't have certain addons like master merchant. I wish this addon didn't even exist. From a seller perspective, the lack of that addon helps a bit with the guild trader situation on console.

idk · May 2016

And another no to a short lived thread on this tired subject. Odd how these threads never have legs of their own and die out quickly.

Desommettor · May 2016

Makkir wrote: »

@Desommettor I didn't realize you were on XB1. My wife has an account on XB1, but I am largely a PC NA player. I do have a toon on the XB as well. There are problems that exist there that are absent from PC. For one, you don't have text chat.

But I do want to enlighten you and ask you to be thankful you don't have certain addons like master merchant. I wish this addon didn't even exist. From a seller perspective, the lack of that addon helps a bit with the guild trader situation on console.

@Makkir The Problem for me on XB1 is that its near impossible for me to get into a good traders guild to even sell items. Area voice chat is filled with trolls and just down right rude players (this is way worse in voice than in chat) so I avoid it.

This isn't a request of laziness I have no option but to sell to NPC vendors. I put in the work and know how to play ESO. hell MMO's in general I'm a vet from the days when everquest was new. because of lack of chat it has driven me to be a socially distant player and therefore no options without access to open commerce.

Immortal_Dark410 · May 2016

Desommettor wrote: »

Makkir wrote: »

@Desommettor I didn't realize you were on XB1. My wife has an account on XB1, but I am largely a PC NA player. I do have a toon on the XB as well. There are problems that exist there that are absent from PC. For one, you don't have text chat.

But I do want to enlighten you and ask you to be thankful you don't have certain addons like master merchant. I wish this addon didn't even exist. From a seller perspective, the lack of that addon helps a bit with the guild trader situation on console.

@Makkir The Problem for me on XB1 is that its near impossible for me to get into a good traders guild to even sell items. Area voice chat is filled with trolls and just down right rude players (this is way worse in voice than in chat) so I avoid it.

This isn't a request of laziness I have no option but to sell to NPC vendors. I put in the work and know how to play ESO. hell MMO's in general I'm a vet from the days when everquest was new. because of lack of chat it has driven me to be a socially distant player and therefore no options without access to open commerce.

ya sadly I wouldn't know how it is on XBOX or PS since i don't play it on consoles & I only play ESO on PC, But that doesn't sound good from what your saying, they should prob do something for the console community then.

Makkir · May 2016

I went to the XB1 guild recruitment forums and made a post LF Trade Guild. I got invited to 5 trade guilds and have since left 3 of them since they sucked and had crappy trader locations. The two I am currently in are producing OK sales considering I am level 40 on the Xbone. Just do what I did, and make a post over on the guild recruitment forums.

The two guilds I am in right now require a gold deposit (1k and 2k) which really isn't a huge deal to me.

I was a commonlands tunnel dweller back in days of EverQuest as well. I miss those times.

Makkir · May 2016

Isn't text chat coming to consoles?

Desommettor · May 2016

They have been saying its coming since launch but nothing.