Is it ok to sell items for a profit?
Techwolf_Lupindo
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I like to go to some out of the way traders and buy stuff at a low price and then re-list it at a popular trader for a bit a profit of gold.
Can doing that get you banned?
Can doing that get you banned?
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finehair✭✭✭✭Nope, most top traders do that. There are even people who buy all the certain resources from all guildstores before certain events that require crafting with said resources and selling them x1000 profit.
Annoying for others who need the materials? yes.
Offense to get banned? no.9 -
CaffeinatedMayhem✭✭✭✭✭
✭✭✭The practice is called "flipping" not to be confused with "trader flip" (the weekly time when kiosks flip to the next weeks bid winner).
Annoying? Can be. Bannable offense? No. That's how ESO's marketplace is set up. You want a deal, go to the remote traders, or just visit ALL traders looking for underpriced items, then sell at a profit (or save yourself some gold) Players who don't have the time to spend looking for deals go to a trading hub like Mournhold and pay the mark up to have everything they need in 1 location.
It's a very robust trading system.4 -
thorwyn✭✭✭✭✭
✭✭✭Can doing that get you banned?
Why would that be a bannable offense?And if the dam breaks open many years too soon
And if there is no room upon the hill
And if your head explodes with dark forebodings too
I'll see you on the dark side of the moon3 -
Oreyn_Bearclaw✭✭✭✭✭
✭✭✭✭✭Buying low and selling high is end game for small portion of the playerbase. Nothing wrong with it whatsoever.8 -
AnonomissX✭✭✭✭It's very much a part of the game!Ebonheart Pact, Nord Templar/healer on NA Xbox server. My main toon WAS a tall and foxy redhead - now she has been gamma-irradiated and has green skin and black hair. 3 other characters I only use for writs. Can't be bothered to create multiple toons - EXCEPT now my WW is getting spooled up for Cyrodiil - Blood For The Pact! IRL cranky sometimes redhead chick at large in Las Vegas, NV1 -
lillybit✭✭✭✭✭
✭It might get you in trouble with your GM if you're relisting things from your own guild (especially stuff from the guild bank), but other than that it's just part of the trading mini-game
PS4 EU4 -
Kadraeus✭✭✭✭It's only annoying when you want an item so you can use it but all the lower-priced stuff gets bought up in the first few minutes and resold at triple the price.
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newtinmpls✭✭✭✭✭
✭✭✭✭In real or online, I consider it unethical, but there are a lot of unethical things that get done.
As far as I know there is a LOT of flipping going on - lucky we don't have a auction house or it would be worse.
Tenesi Faryon of Telvanni - Dunmer Sorceress who deliberately sought sacrifice into Cold Harbor to rescue her beloved.
Hisa Ni Caemaire - Altmer Sorceress, member of the Order Draconis and Adept of the House of Dibella.
Broken Branch Toothmaul - goblin (for my goblin characters, I use either orsimer or bosmer templates) Templar, member of the Order Draconis and persistently unskilled pickpocket
Mol gro Durga - Orsimer Socerer/Battlemage who died the first time when the Nibenay Valley chapterhouse of the Order Draconis was destroyed, then went back to Cold Harbor to rescue his second/partner who was still captive. He overestimated his resistance to the hopelessness of Oblivion, about to give up, and looked up to see the golden glow of atherius surrounding a beautiful young woman who extended her hand to him and said "I can help you". He carried Fianna Kingsley out of Cold Harbor on his shoulder. He carried Alvard Stower under one arm. He also irritated the Prophet who had intended the portal for only Mol and Lyris.***Order Draconis - well c'mon there has to be some explanation for all those dragon tattoos.
House of Dibella - If you have ever seen or read "Memoirs of a Geisha" that's just the beginning...
Nibenay Valley Chapterhouse - Where now stands only desolate ground and a dolmen there once was a thriving community supporting one of the major chapterhouses of the Order Draconis7 -
SilverBride✭✭✭✭✭
✭✭✭✭✭newtinmpls wrote: »In real or online, I consider it unethical, but there are a lot of unethical things that get done.
I don't find anything unethical about finding an item already up on a trader that is underpriced, then buying it to sell for profit.
I do find it shady if a player advertises in zone to pay less than market for items they intend to then sell for profit, just because they are being deceptive about the known value of the item.
But neither is technically wrong or bannable.PCNA5 -
PizzaCat82✭✭✭✭✭
✭✭Yes, it is okay to sell things for profit. It is also okay to sell things for no profit. It is okay to sell things in general.3 -
merpins✭✭✭✭✭
✭✭✭Buying low, selling high is the basis of merching. It's been that way in MMO's since the late 90s when they became a thing, and has been a practice for merchants IRL for thousands of years. It's not a bannable offense, though I'm not a big fan of scalpers.5 -
bmnoble✭✭✭✭✭
✭✭Nothing that will get you banned, most of the top traders do it, its in part what all those annoying messages in zone chat are when you see someone willing to buy something at a lower price with no limit on how much they are willing to buy.
Just be careful there is a certain amount of risk when buying low, you never know when something is going to lose its value, so keep an eye on the prices, so you don't end up, spending too much gold on something you just wanted to flip for profit and be unable to offload it at the price you were hoping for.1 -
TX12001rwb17_ESO✭✭✭✭✭
✭✭✭✭MovesLikeJaguar wrote: »Buying low, selling high is the basis of merching. It's been that way in MMO's since the late 90s when they became a thing, and has been a practice for merchants IRL for thousands of years. It's not a bannable offense, though I'm not a big fan of scalpers.
The problem though is the people who do flip items are not paying enough for the items they are buying and thus ripping people off, I have seen people try to buy Chromium Plating for almost half-price.0 -
jaws343✭✭✭✭✭
✭✭✭✭✭TX12001rwb17_ESO wrote: »MovesLikeJaguar wrote: »Buying low, selling high is the basis of merching. It's been that way in MMO's since the late 90s when they became a thing, and has been a practice for merchants IRL for thousands of years. It's not a bannable offense, though I'm not a big fan of scalpers.
The problem though is the people who do flip items are not paying enough for the items they are buying and thus ripping people off, I have seen people try to buy Chromium Plating for almost half-price.
Ripping people off?
The seller sets the price. If the seller is happy with the price they set it is irrelevant who buys it and no one is being ripped off. That's the sellers problem if they set the price too low not the buyer.2 -
Amottica✭✭✭✭✭
✭✭✭✭✭There is nothing wrong with such behavior. It is also smart if you have the time and it interests you. In the end, it is a win/win as the person that originally posted the item makes bank and you have the opportunity to make bank as well.
As the post above this one notes, the original sellar chose the price to sell it at. As such they will be pleased with the gold gain they chose. Take that a step farther, if they accidentally left a zero or two off and posted it for a much lower price than intended, which happens, then that is not the problem of the person who buys it by any means.Edited by Amottica on September 29, 2021 1:12AM1 -
SilverBride✭✭✭✭✭
✭✭✭✭✭...if they accidentally left a zero or two off and posted it for a much lower price than intended, which happens, then that is not the problem of the person who buys it by any means.
I did this very thing today... didn't notice until it sold for 1k instead of 10k. I wish I could say it's the only time this has happened, but sometimes I'm in too big a hurry and not paying attention. My fault, not the player who got a good deal because of my mistake.
PCNA0 -
Ratzkifal✭✭✭✭✭
✭✭✭✭✭At worst it's morally questionable, but there is no law or guideline that says you can't, and you can't even prevent running into such a situation accidentally, so it should not be bannable either.
Whenever you try to sell an item for higher than average market price you are taking advantage of the buyer (whether intentionally or not). Conversely when you sell an item for less than it's worth you are basically giving away money for free, so whether you give that money to someone who wants to keep the item or someone who plans on selling it for the actual value doesn't really matter.
You can't avoid running into this scenario as we can only aproximate the true values of items.This Bosmer was tortured to death. There is nothing left to be done.0 -
WhyMustItBe✭✭✭✭✭
✭Nope, it is totally against the unspoken rules of the internet to buy low and sell high. You MUST buy high and sell low in order to preserve the welfare of all kittens! Think of the kittens! Please sell me all your gold crafting mats at low low price!
Seriously though OP, you're good. Just remember that classic song from the 80's:
"When a low price comes along, you must flip it. You flip it. Flip it good."
Edited by WhyMustItBe on September 29, 2021 5:35AM2 -
zaria✭✭✭✭✭
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Scalping is something different, is they you buy up an item who is in limited supply like concert tickets and selling back for an higher price. This don't really work in ESO but you can buy items you assume will be in demand like tempering materials tend to rise in price after an new chapter because new sets a lot like real life traders do.MovesLikeJaguar wrote: »Buying low, selling high is the basis of merching. It's been that way in MMO's since the late 90s when they became a thing, and has been a practice for merchants IRL for thousands of years. It's not a bannable offense, though I'm not a big fan of scalpers.
Now new motifs tend to be very expensive and price tend to fall off.
Some exceptions like the Dro-m'Athra style has risen a lot in price since fewer do Maw of Lorkhaj than then before we got all the new trials.
Grinding just make you go in circles.
Asking ZoS for nerfs is as stupid as asking for close air support from the death star.1 -
Arrodisia✭✭✭✭✭Buying low and selling high is a valid business tactic. Art mimics real life in this case and I see no reason why this would be a bannable offense.0
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SidraWillowsky✭✭✭✭✭
✭✭✭I feel like the only situation where you should maybe think twice about re-listing are cases where something is listed at a price that's so stupid low and it may have been an accident. I remember someone got drunk and listed 100 Hakeijo for something like 1000 gold total by accident. I think that if I saw that, I'd buy and send them a message to make sure they meant to do that.
That said, in the end it's the seller's responsibility to list something accurately...0 -
huntgod_ESO✭✭✭✭✭
✭The traders are pretty much unfettered capitalism, so no you cannot be banned for that.
I never begrudge someone buying something at a bargain price and flipping it at market, what is frustrating though are the guys who have enough gold and time to manipulate the market price on some items.
An example would be the "in demand" companion armor and jewelry, they buy up all of it up within minutes of it hitting the trader, then list everything at 10-15x market value, so a blue aggressive light chest which sells for 4-5k, is snapped up and relisted at 75-100k and they do this across the board. I do wish there were some controls on this, but it would take a very granular approach to the economy and I don't see ZoS doing that.--- HuntGod ---
Officer of the Unrepentant
www.unrepentantgaming.com1 -
robwolf666✭✭✭✭✭
✭Techwolf_Lupindo wrote: »Can doing that get you banned?
It should imo. It makes it impossible for new players to trade at a reasonable price.
Also makes me wonder where these people find the time to collect the resources - if they actually play the game, how do they also have the time to collect it? On their computer/console 24/7? or *cough*farmingbotsprobably*cough*0 -
NettleCarrier✭✭✭✭✭newtinmpls wrote: »In real or online, I consider it unethical, but there are a lot of unethical things that get done.
As far as I know there is a LOT of flipping going on - lucky we don't have a auction house or it would be worse.
Actually, funny enough ESO's system is what encourages me to flip. I wouldn't bother in an auction house style environment because there's no deals to "seek out".GM of Gold Coast Corsairs - PCNA1 -
merpins✭✭✭✭✭
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Scalping is something different, is they you buy up an item who is in limited supply like concert tickets and selling back for an higher price. This don't really work in ESO but you can buy items you assume will be in demand like tempering materials tend to rise in price after an new chapter because new sets a lot like real life traders do.MovesLikeJaguar wrote: »Buying low, selling high is the basis of merching. It's been that way in MMO's since the late 90s when they became a thing, and has been a practice for merchants IRL for thousands of years. It's not a bannable offense, though I'm not a big fan of scalpers.
Now new motifs tend to be very expensive and price tend to fall off.
Some exceptions like the Dro-m'Athra style has risen a lot in price since fewer do Maw of Lorkhaj than then before we got all the new trials.
Scalping happens in ESO too. When someone with enough funds buys up all listed items of a set then posts them for a higher price, that in itself is scalping/market manipulation. It usually happens with set pieces that don't get sold often, or with high-cost pieces like gold jewelry where there isn't a high volume of listings anyway, but it does happen and it's not great.0 -
NettleCarrier✭✭✭✭✭robwolf666 wrote: »Techwolf_Lupindo wrote: »Can doing that get you banned?
It should imo. It makes it impossible for new players to trade at a reasonable price.
Also makes me wonder where these people find the time to collect the resources - if they actually play the game, how do they also have the time to collect it? On their computer/console 24/7? or *cough*farmingbotsprobably*cough*
Actually, fortunately raw resources and refining are available to all players regardless of how new they are. If I were to say start on EU all of a sudden with nothing then I would just go farming a bit and find a trade guild or two to list my mats from - boom, money. It doesn't matter how high raw materials get or even tempers because anyone can put in the work to sell at these exact same inflated prices.
Those of us that have been around long enough (and for me this is just two years of playtime) can just run writs every day or every few days and do surveys whenever we get a spare hour and that's plenty of income. If I want to make more I just play the event economy (buying cheap shimmering sand at the end of an Elsweyr event for example and sitting on it for a few months ) GM of Gold Coast Corsairs - PCNA0
