Limit Auction House Pricing

[DarkThoughts]

The Auction House is out of control.

It is being flooded with a number of items listed at ridiculous prices and some hard rules need to be set in place.

1. Starting bid should be no more than the item's base value.
Just a good starting point for an item that a player wants to sell.

2. Buyout should be no more than double the items base value.
Get rid of the ridiculous buyouts so that players have a better chance of finding an item at a reasonable price. If the player that lists the item really wants an exuberant amount for it, they should take their chances and hope that it sells high without the buyout option. If it doesn't fetch what they want, then they shouldn't have posted it to begin with.

3. Eliminate the Auction House fees.
With the limitations in place, it will no longer be necessary to help regulate character income and the coins found in chest will once again have value.

[Ota]

so basically, what you are saying, is that the auction house should completely be gotten rid of? Because if the "rules" you are talking about were put in place - nothing of value would ever be posted there.

[Beld]

of an auction, which by it's very definition means asking a group of people who will pay the 'most' for something.

If you don't like the prices, don't buy from the AH, if you don't like the fee, don't sell on the AH.

One other note, this is a great suggestion until you pull something that would sell for massive amounts of plat, then you would be back asking that the limitations be taken off.

[cdemeritt]

Again.. No... don't like the prices, don't buy it. if you put limits on selling prices, people will stop using the AH all together. The "base value" has Nothing to do with the items real value. I will not sell you my +5 Wounding of puncturing Rapier for 128,000gp as it is worth much more. Not as much as it used to be worth but still more. tell me I must post it at 128,000gp starting price, means it will "not" go on the AH, I'll sell it on the forums for much more. My +5 weakening silver rapier of Pure good sold in less than 4 hrs at 2,500,000 gp. and I'm thinking I under priced it.

[hydra_ex]

The Auction House is out of control.

It is being flooded with a number of items listed at ridiculous prices and some hard rules need to be set in place.

1. Starting bid should be no more than the item's base value.
Just a good starting point for an item that a player wants to sell.

2. Buyout should be no more than double the items base value.
Get rid of the ridiculous buyouts so that players have a better chance of finding an item at a reasonable price. If the player that lists the item really wants an exuberant amount for it, they should take their chances and hope that it sells high without the buyout option. If it doesn't fetch what they want, then they shouldn't have posted it to begin with.

3. Eliminate the Auction House fees.
With the limitations in place, it will no longer be necessary to help regulate character income and the coins found in chest will once again have value.

1. Base value is for vendors. The epic Xuum, base value 13k plat, is the best THF weapon in the game. A greensteel axe, to buy its ingredients would cost a bit less than 10 million.

2. See above.

3. Agreed.


You're just a poor, fed-up noob who can't afford the reasonably sane AH prices.

[ViolentEnd]

There is a limit, actually. It is ~2million plat if I remember correctly.

[uhgungawa]

You're just a poor, fed-up noob who can't afford the reasonably sane AH prices.

[Lorien_the_First_One]

The Auction House is out of control.

It is being flooded with a number of items listed at ridiculous prices and some hard rules need to be set in place. If you think its overpriced, don't buy it, supply and demand works wonderfully

1. Starting bid should be no more than the item's base value. horsepucky. A large scale is not worth the base price, not even close, its worth the prices its posted at. The proof is you can successfully trade 1 large scale for almost any other item in the game (well maybe not blood for boots, but thats not worth its base value either)

2. Buyout should be no more than double the items base value. See #1. The base price of an item has absolutely nothing to do with its real value. As for not having a buyout, many players only buy things with a buyout. For example when I'm levelling a new character if I'm looking to twink it I'll happily pay 5x the base value for a good twink item but only if there is a buyout because I may only be at that level for a day or two.

Implimenting 1 or 2 would only drive trades for any item anyone in their right mind would want to the forum trades, which is far less convinient.

3. Eliminate the Auction House fees. Its called a plat sink, they are trying to suck plat out of the economy.
.

Welcome to the game and the free market.

While some people don't know what sell things for (like you obviously) anything overpriced doesn't sell. People learn and reprice, the market works. If prices don't get forced down, well that means the item is actually worth that for the item.

[Kaldaka]

... snip ...

Before you come to the forums complaining essentially that you are broke, try some of the advice in these threads ... These suggestions do work!!


http://forums.ddo.com/showthread.php?t=227513

http://forums.ddo.com/showthread.php?t=172595

This is a good one too:
http://ddowiki.com/page/Collectable


Good luck with your plat hunting

[Captain_Wizbang]

If memory serves me correct, we had a limit set with Mod 8!
What happened to that?

And as far as making money!
I can put a toon on any server, start with a 28 pt build, and never go broke!

[Dandonk]

While I agree that prices are ridiculous atm, I don't believe in any kind of limit. Some things are inherently worth a lot more than others, and the AH should reflect that.

Yes, I have only just started over here on this side of the pond and it sucks that I can't instantly buy all that I want. Tough for me. But I'll get there - just like I did back in Europe. I had no shortcuts back then, and I can live without it now.

[Valiance]

Ugh. Reading the OP makes me very sad for the state of whatever public school system you went through. (Probably the United States.)

Why is it that people who are completely clueless about the value of things and the most efficient mechanisms to facilitate their transfer are also the people who think they are smart enough to start making market controlling decisions?

God help us if OP ever gets elected to a governmental position in the real world. Seriously. I am at a loss for words at the sheer lunacy/idiocy entailed in the OP.

V

[cdemeritt]

Welcome to the game and the free market.

The base price of an item has absolutely nothing to do with its real value. As for not having a buyout, many players only buy things with a buyout. For example when I'm levelling a new character if I'm looking to twink it I'll happily pay 5x the base value for a good twink item but only if there is a buyout because I may only be at that level for a day or two.

This... Many many of us do this, driving the prices up, because what is 100,000 gp when you can make 1,000,000gp in less than a day of raiding. Until I have someplace else to spend my plat on (housing/better storage) I will spend it on twinking gear. since I can't usually store all the gear for my next toon, I usually vendor it, and buy from the AH again the next time I need it. If instead I was spending my plat on housing/storage, I'd have less gold to spend on the AH, and less need to buy twink gear. Then the prices would fall to what some would call reasonable.


Sadly, given the history of Turbine Decision making, and the number of complaints, I fully Expect the AH price limits will be implemented by update 5. I have already started to build my forum store, and am getting ready to never use the AH again.

[Horrorscope]

so basically, what you are saying, is that the auction house should completely be gotten rid of? Because if the "rules" you are talking about were put in place - nothing of value would ever be posted there.

Well that maybe true if you are a hoarder with infinite inventory spaces. That said, I doubt we see this one, I think the idea has potential but that ship has long sailed. If it were put in place the items in this game would need to be re-valued imo, not insanely but more realistically.

[Visty]

Well that maybe true if you are a hoarder with infinite inventory spaces. That said, I doubt we see this one, I think the idea has potential but that ship has long sailed. If it were put in place the items in this game would need to be re-valued imo, not insanely but more realistically.

everyone has access to infinite inventory space, you just have to make many free emails to get many free f2p accounts

[Lorien_the_First_One]

Well that maybe true if you are a hoarder with infinite inventory spaces. That said, I doubt we see this one, I think the idea has potential but that ship has long sailed. If it were put in place the items in this game would need to be re-valued imo, not insanely but more realistically.

We do have unlimited storage. You can open as many F2P mule accounts as you want.

[Horrorscope]

Ugh. Reading the OP makes me very sad for the state of whatever public school system you went through. (Probably the United States.)

Why is it that people who are completely clueless about the value of things and the most efficient mechanisms to facilitate their transfer are also the people who think they are smart enough to start making market controlling decisions?

God help us if OP ever gets elected to a governmental position in the real world. Seriously. I am at a loss for words at the sheer lunacy/idiocy entailed in the OP.

V

Did you excel in drama? Come on. First God best be helping because imo there are more of those people in Gov't then the other, it's the corporate world driving the free market. But yeah lets compare real-world to a game sounds reasonable. FWIW I do believe real life could be capped individually. Say $50 millon annual per, yeah pity those being restricted by that limit, what will they ever do.

[Horrorscope]

We do have unlimited storage. You can open as many F2P mule accounts as you want.

Yes and it's great to have your 100th (insert valuable item here). A fair cap would not stop people from selling, that is why the word "fair" is used. That said, this one isn't coming.

[Lorien_the_First_One]

Yes and it's great to have your 100th (insert valuable item here). A fair cap would not stop people from selling, that is why the word "fair" is used. That said, this one isn't coming.

But if it is valuable it wouldn't sit forever, it would be sold in the trade forums. We can do that now for a bit more profit but its more work. Certainly the really valuable stuff already trades in the forums because the 2mil plat cap is too low for some items or ppl are only willing to trade for other valuable items and not cash.

As for "fair", the current market establishes fair. How exactly would you establish a "fair" value for a large scale? Or blood for boots? Silver GEOB Kopesh of PG?

Enjoy your socialist utopia, it doesn't work once you leave your University protest march.

[cdemeritt]

Yes and it's great to have your 100th (insert valuable item here). A fair cap would not stop people from selling, that is why the word "fair" is used. That said, this one isn't coming.

Here is the rub... What you think is "fair" might not be what I think is "fair"....