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The capital cities in Azeroth are where you can find the auction houses. It’s here that the most potential for profit and loss in Warcraft exists. The reason is the variability in price that you will find in here. One day Mageroyal is 5 silver apiece, the next it’s 10.

It is these variations that give you the potential for profit, and of course for loss. The NPC vendors do not give you a variable price, the amount of Warcraft gold they pay per item is fixed. It’s a fair price, but if you have uncommon or better items to sell, they will rarely give you the best value for them.

Playing the auction house properly is something you should not try and do until you have taken the time to understand the variations. Is 2G for Borean leather a good price or a bad price? Unless you track prices over a period of time you won’t know.

The first step would be to download and install Auctioneer. An addon you can get from Curse.com. This has a scan function that records every asking price for every item at auction. Before you start your career as a floor trader, spend a few days running the scan once a day to collect good data. Carry on powerleveling until you have about ten scans worth of data.

Once you have run auctioneer once a day for about ten days it will give you some decent average averages that are being asked for items.

The scans will have recorded each item at auction and given them an average asking price. You will see a percentage next to each item now in the auction GUI. This percentage is a ratio of the average price Auctioneer found when it scanned. So 80% is 20% below the average asking price. 120% is 20% above

Using this information, you can make decisions on which items to trade in. Following the simple real-world rule of buy low, sell high.

However, before you rush off, there are a couple of very big potential pitfalls

As I mentioned above, it records the asking price. Not the selling price, it doesn’t even know whether the item sold at all. People can ask whatever price they want at auction. If you’ve seen a piece of wool cloth or similar on for 10,000g (it happens all the time) then this figure will massively increase the average that Auctioneer thinks Wool cloth is worth. It won’t have sold of course (at least not to someone who was keeping within the ToS and actually wanted it) People do this to either move vast amount of gold around, or in the hope that someone accidentally clicks on the item and buys it. The result is the same. Auctioneer’s average asking price gets completely skewed with rogue data.

Another issue is the fact that the game changes all the time. Items are useful, and then a patch is issued that makes them worthless. Perhaps they were part of a crafting recipe that is no longer the best available. Or the stats for an item have been changed. Blizzard increase and decrease drop rates for items all the time. In a matter of days rare items become common and worth far less, or the opposite can happen. Auctioneer will not tell you this. If you have invested heavily in one or two items, a patch can wipe out loads of your profit of you don’t know what’s coming up

However, to start with auctioneer is a great tool. Install it and run the scan. It certainly isn’t the be-all-and-end-all tool for making gold in Warcraft, but it is a tool that, used properly and knowing the pitfalls, can help you along the way to becoming a World of Warcraft Gold Generator.

Find out how to really dominate the Warcraft Gold market with our free guide. Visit Free WoW Guide Blog to download it. If you just want to comment on this or any other post visit the Warcraft Information Exchange

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