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Thread: hate selling items

  1. #21
    Senior Member Takezaki's Avatar
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    Timing is everything and yeah, you need a bit of gold to relist when you are trying to sell an item.
    Shinrokuro - 16 Twink Warrior..........Takezaki - 26 Warrior

  2. #22
    Luminary Poster Energizeric's Avatar
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    Quote Originally Posted by ShadowGunX View Post
    lol this is wat called auction. :-)
    i love undercutting then selling. nd i always undercut by 1gold. ;-).
    Undercutting by 1 gold is effective on cheaper gear, as people will always just buy the cheapest one. However, on very expensive gear, undercutting by 1 gold will make sure that neither yours or the other one listed will sell. Here is the reason...

    Let's suppose the item for sale is a sword. So there are 5 swords available in the CS ranging in price from 500k-600k. The cheapest is 500k, the second cheapest is 520k. If you now list one for 499k and I'm looking to buy one, I will wait. Why? Because I want to see if someone will undercut you by a significant amount. And there is no risk for me, because at worst someone buys yours for 499k and I can still buy the one for 500k, so nothing lost in waiting. So maybe the next guy will list for 480k, and then I save 20k.

    Undercutting by 1 gold encourages buyers to wait. And what happens when buyers wait? Sellers get impatient and lower their prices.

    Undercutting by 1 gold causes prices to drop!

  3. #23
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    Quote Originally Posted by ShadowGunX View Post
    lol this is wat called auction. :-)
    i love undercutting then selling. nd i always undercut by 1gold. ;-).
    if i see an item for 100.000, and an noob undercuts by 1 gold and puts up 99. 999 ill buy the 100k item.

    same for expensive weapons. eg 500k, other one 499k. ill buy 500k item.

    i never buy from that 1g undercutting kids

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    Basic economics 101 supply/demand

  5. #25
    Senior Member ShadowGunX's Avatar
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    Quote Originally Posted by Energizeric View Post
    Undercutting by 1 gold is effective on cheaper gear, as people will always just buy the cheapest one. However, on very expensive gear, undercutting by 1 gold will make sure that neither yours or the other one listed will sell. Here is the reason...

    Let's suppose the item for sale is a sword. So there are 5 swords available in the CS ranging in price from 500k-600k. The cheapest is 500k, the second cheapest is 520k. If you now list one for 499k and I'm looking to buy one, I will wait. Why? Because I want to see if someone will undercut you by a significant amount. And there is no risk for me, because at worst someone buys yours for 499k and I can still buy the one for 500k, so nothing lost in waiting. So maybe the next guy will list for 480k, and then I save 20k.

    Undercutting by 1 gold encourages buyers to wait. And what happens when buyers wait? Sellers get impatient and lower their prices.

    Undercutting by 1 gold causes prices to drop!
    yup its effective on cheaper stuffs thats is under 150k.
    nd i dnt put in auction that is cost more than 100k.
    nd this is game. nd i njoy undercutting :-P
    mayb u dnt njoy bt thats ur problem.
    whether ppl buy or nt idc coz i sell at cheap in trade window :-D. for me auction is a fun house. nd keeps me entertaining lol.
    Last edited by ShadowGunX; 01-02-2013 at 04:12 AM.

  6. #26
    Senior Member ShadowGunX's Avatar
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    Quote Originally Posted by mendox View Post
    if i see an item for 100.000, and an noob undercuts by 1 gold and puts up 99. 999 ill buy the 100k item.

    same for expensive weapons. eg 500k, other one 499k. ill buy 500k item.

    i never buy from that 1g undercutting kids
    ok. thats good for u. bt who cares?

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