Auction Hall's cut

[TacmatricX]

Hey all,

Just a heads up. I just sold a +2 Strength tome with a buyout at 250Kpp... I only got 175Kpp because the auction house took 75Kpp... Thats 30% of the total?!?!

Owch! I'll be using the trade channel in the future.

[tunabomber]

lol,well hello captain obvious.

[Noctus]

Hey all,

Just a heads up. I just sold a +2 Strength tome with a buyout at 250Kpp... I only got 175Kpp because the auction house took 75Kpp... Thats 30% of the total?!?!

Owch! I'll be using the trade channel in the future.



I´d recommend your server´s market place forum.

Tradechannel is okay if you have time on your hands to stand in the harbor or marketplace and spam it and want to buy/sell level up to 8 stuff.

Yet most people who would be interested in a +2 STR tome dont have tradechannel open. Create new char ---> disable tradechannel + general chat.

[Srozbun]

FYI that's how the AH works. It's a tax on convenience.

Also, I don't even sell +2 tomes for much more than 120k plat, nor would I pay close to 250k for one, so I figure you still got a good deal.

[Rumbaar]

I'll have to check it out, as I can't remember, but does it indicate there will be a fee when you post an item up on the AH?

It's strange Turbine make glaring 'incorrect' 1d6 -> 1 to 6 changed to help new players, but leave important info like this out of any new player tutorials.

[Waukeen]

They dont call them the Coin Lords for nothing.

[Lorien_the_First_One]

How did you manage to get high enough to sell a +2 tome and never sell anything else?

[jillie]

How did you manage to get high enough to sell a +2 tome and never sell anything else?

That really means that all we have to say is Hi, Welcome to DDO!

[Pantsless]

well, the AH as the OP noticed does take a hefty 30% cut from every item sold under its auspices. though it may seem really painful, this is an *incredibly* good thing for the game's economy. the game has very few cash sinks built into it. all players are easily able to "create" tons of money as they collect and then vendor/sell loot. without some way to remove some of this freely generated money from the system, the total cash supply in the game would grow much more rapidly than the player base itself resulting in (far more) rampant inflation. were the 30% tax to be removed from the AH, i would not be surprised if in a few months that even +1 tomes were listed at 4 million plat.....and that no one would even bat an eye at paying that amount.

[Vanshilar]

were the 30% tax to be removed from the AH, i would not be surprised if in a few months that even +1 tomes were listed at 4 million plat.....and that no one would even bat an eye at paying that amount.

Actually what would happen is that since characters are limited to basically 2^32 copper or around 4.29M plat since that's as much as the game can process, once too many characters are carrying that kind of bling around, there would be so much plat that it would pass what I believe is called the plat event horizon, at which point the game develops a singularity resulting in lots of mass random character appearance changes and bugs and broccoli everywhere.

There is a theory that this may have already occurred.

So as you can see, having the AH 30% cut is a good thing.

[DocBenway]

They dont call them the Coin Lords for nothing.

Gotta keep the teleporters running on time somehow
:p

[Meowin]

I just sold a +2 Strength tome with a buyout at 250Kpp...

Congrats on finding someone desperate enough to pay your ridiculous price.

[Memnir]

lol,well hello captain obvious..
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http://i300.photobucket.com/albums/nn12/EnPsyane/captain-obvious2-1.jpg
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Hello there! How do?

[TheDearLeader]

FYI that's how the AH works. It's a tax on convenience.

Also, I don't even sell +2 tomes for much more than 120k plat, nor would I pay close to 250k for one, so I figure you still got a good deal.


Congrats on finding someone desperate enough to pay your ridiculous price.

Different servers, different prices.

+2 Tomes on Sarlona are normally listed at a minimum of 200k if they are combat-related (Str, Dex, Con). Charisma and Wisdom tomes drop like candy though, good luck selling them.

[Faerbaste]

Hey all,

Just a heads up. I just sold a +2 Strength tome with a buyout at 250Kpp... I only got 175Kpp because the auction house took 75Kpp... Thats 30% of the total?!?!

Owch! I'll be using the trade channel in the future.

I had the same sort of experience in real life when I got my first ever paycheck from work and discovered the concept of Income Tax. Bummer eh?

[Krag]

This is why I use AH only for junk that is not worth trading via forum.

[magnus1]

So as you can see, having the AH 30% cut is a good thing.


so you would be ok with a 30% sales tax on everything you buy or sell in real life?

[Zombiekenny]

so you would be ok with a 30% sales tax on everything you buy or sell in real life?
Take out income tax, ss tax, sales tax, misc product tax for some stuff, and your pretty close if not more.

[jwdaniels]

so you would be ok with a 30% sales tax on everything you buy or sell in real life?

Not at all - I would look for some other way to transact business that avoided that tax...

[TheDearLeader]

so you would be ok with a 30% sales tax on everything you buy or sell in real life?


This is a game, not real life. Economy here will be treated differently.

I also have never fought a beholder on my way to work. That does not mean I want them removed from DDO.

[Faerbaste]

so you would be ok with a 30% sales tax on everything you buy or sell in real life?

Its very amusing to see how possessive people get over their play money. If you want more you just do more quests, sell more junk and make some more play money. Even if you make millions of plat, its still just PLAY MONEY!

[FlyingTurtle]

This is a game, not real life. Economy here will be treated differently.

I also have never fought a beholder on my way to work. That does not mean I want them removed from DDO.

Most importantly, when you finish a week of work, your boss does not have the ability to spontaneously generate money out of thin air to pay you with, unlike every vendor in DDO.

Wouldn't it suck, if you go to a vendor and he's all, "aah, sorry, I spent all my money buying stuff from the last guy. Here, I'll trade you a +1 byeshk light mace of minor sonic lore for that."

[Lorien_the_First_One]

so you would be ok with a 30% sales tax on everything you buy or sell in real life?

Yeah my tax rate is higher than that.

But it isn't the same thing. You can manufacture unlimited money in an MMO. You don't have the ability to create unlimited resources in rl.

[Falco_Easts]

How did you manage to get high enough to sell a +2 tome and never sell anything else?

My thoughts exactly.

[Matuse]

As soon as DDO starts charging your character rent, utilities, car (horse?) insurance, income tax, and any one of the other 200,000,000,000 things which cost RL people RL money, you might have a valid point about comparing the AH's cut with RL sales tax.

But since that's not true, you do not have a valid point.

Money is just silly-easy to get. It's why the rarer things (Bloodstone, Large Scales, Tome Pages) sell for 600k+ platinum.

[Cholera]

You don't have the ability to create unlimited resources in rl.

Clearly you're unfamilar with the banking industry.

[PopeJual]

Congrats on finding someone desperate enough to pay your ridiculous price.


Everything is worth what its purchaser will pay for it.

..

[jillie]

Clearly you're unfamilar with the banking industry.

This. +1