How to use the Auction House in WoW Classic

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How to use the Auction House in WoW Classic

An auction is a listing of either one item or a stack of items that’s listed for sale. Every listing should have the name of the item so it’s easy to find, the quantity that’s for sale (capped at 20), the seller, the time left on the auction, the item level requirements, the current highest bid, and how much coin you’ll need to drop to buy the item or stack instantly.To get more news about WoW Classic items for sale, you can visit lootwowgold official website.
The bid price and buyout price are crucial to making the Auction House work in your favour. Players don’t like waiting for a few hours to get a slightly cheaper item, so the buyout price is realistically the price you want to get right as a seller. You can also set the duration 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. Duration matters because it affects what kind of deposit you need to put down for the listing.
That’s right, there are deposits to consider. The deposit cost scales to the price at which you’d sell the item to a vendor and the shorter your auction listing the less you’ll have to pay as a deposit. What’s more, the faction and neutral Auction Houses have different deposits, with the neutral Auction Houses charging far, far more than the faction-based ones. Naturally, you get the deposit back, so it’s not so much of an issue if you’ve got spare cash.
Finally, there’s a cut that the Auction House takes from every item that you successfully sell, so while the price you list will be what the buyer pays for it, you will get less than that thanks to the middle man. Again, there’s some disparity between the cut taken by faction and neutral Auction Houses, with the faction cut being 5% and the neutral AH cut going all the way up to 30%. If you don’t want to lose any of your income then you can always resort to individual player trading, but this is time-consuming, and time is money – that’s literally the case with a WoW subscription.
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