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  1. #1
    TimB's Avatar
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    Bank cleaning service- potential for good money.

    There are a couple of newer shows on television that I have caught a few episodes of.

    One of them, these 2 guys drive around with a van through neighborhoods and older towns, looking for people with 'junk' laying around.
    Don't remember the name of the show.
    But basically, they look for stuff that they can sell for a good profit. Usually they just nitpick through garages or basements of people's homes (with permission first, of course), and make offers on stuff they have to clean up and resell at auctions.
    This show connected with me, because that seems like what most of us do in WoW.

    Recently, another show caught my attention.
    It's a different couple of dudes, but they do something similar.
    The show is called Auction Hunters, and they do sort of the reverse.
    They will scout out storage unit auctions-- sometimes, people don't claim their goods from a storage facility. Either they forget about it, or just didn't have the money to keep renting and decided to leave it be.
    Well, the owners of these storage facilities don't just throw the stuff out- they auction it off. Not in individual pieces, but the whole storage unit.
    So, these 2 guys look for these auctions.
    In the show, they, along with whoever is there for the auction, gets a few minutes to look inside the storage unit without actually being able to touch or move anything- so they have to look quick and determine their bid ceiling.
    The 2 guys get some lucky finds... they usually end up paying under $1000 for a single unit, if not multiple, and come off with huge profits after selling the misc. stuff inside.

    This got me thinking...
    How many alt banks are probably out there filled with junk? Or just a bank alone...
    Think about it.

    So, here's what I propose, and have yet to try it myself.
    Create a guildless alt.
    Advertise in trade some sort of bank cleaning service.
    Have the GM of an alt gbank invite you, and ensure they allow you to see the tabs.
    Browse through the bank, and make an offer for the whole thing.

    Look for key items. Rare stuff. Mats you can resell in MoP for profit. Things of the sort.
    Calculate what you would *at least* make off of it, then cut that in half, maybe throw a lil glitter on top, and offer for the bank.

    Hopefully people will take what they think is a decent offer for the entire bank... just to get rid of it all for quick cash.

    You can then nitpick the actual garbage, vendor it, and store the rest of the goodies on your own bank alts.

    Now, if you get refused an offer, and can't see yourself going any higher, begin offering for the key items you want. Try not to walk away empty handed.

    Most importantly, don't let the other person know the actual value or how desperate you are for certain items. Don't give them time to look up certain items if it can be helped. This is more so for things like discontinued recipes or whatnot.

    Also, note that you aren't trying to buy the guild itself... just the contents in the bank.

    When you seal the deal, either have the person hand the stuff over (take an accurate inventory before hand of what you want! Even if you are buying it all, just to ensure you don't get scalped!) or just have the GM give you max withdraw limit, and quickly take it all and send it off.

    *IF* you do happen to get the chance to buy the guild itself (some people may have just neglected their bank alt to a point where they don't care about it anymore and want to get rid of the whole thing), then great!... sell the guild when you are done taking all the stuff out. Or keep it for storage, it's up to you. Just be sure you have a guildless toon for repeating this process.
    "You master mathematics, you master life and death." - 486486
    Goblinventory Discussion Thread | PokeMoP Guide | Azerothian Pickers | AoE Looting+Instance Farming

  2. #2
    Mac's Avatar
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    I have seen the auction hunters series myself and it looks like there could be potential in this. If you do get a chance to try this out TimB could you let use know how it goes
    my concerns with it would be,
    how much time are you getting to look before you buy if its full of scrolls its not something you can have a quick look at and know whats there each one would have to be scanned over same goes for gear
    After doing a few guild clear outs myself (on my own banks), this can be a timely activity ...sorting the trash from the gold, is the GPH going to be good enough ?
    and lastly how much repeat business is there out there, at the moment i would be thinking theirs only a limited number of alt banks that want rid of there bank (or contents) and out of then less with anything worthwhile left in the bank

    Please don't take this as criticism i actually think the concept is good these are just questions I would be thinking about and would love some feedback by anyone who tries this

  3. #3
    Namssob's Avatar
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    Meh - may not be worth your time. But I equate this to simply buying guilds and reselling them, regardless of what is inside.
    How To: Create And Sell Profession Kits ---- MoP Shuffle Flowchart ---- Article: A Case For Dual Gathering
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  4. #4
    Valdron's Avatar
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    I've actually done the opposite of this just for fun, and while it was profitable, it was extremely slow. I'd buy a load of somewhat decent items and toss them in a guild bank, mark up the price, and then allow people to quickly take a look at the items. Most people didn't want it, but occasionally someone would think they are getting a good deal and buy everything.

    I'm curious to hear how the buying method works if anyone decides to try it.

  5. #5
    TimB's Avatar
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    Buying a bank full of just junk probably will not be worth the time unless you can get the guild along with it. Then, you can just vendor all the junk and sell off the gbank for a quick couple grand.

    The time you have to browse through a gbank should not be an issue.
    However, you should take it upon yourself to have the ability to quickly judge the value of the contents just for time saving's sake, and not to keep the other person waiting while you crunch numbers.
    Although, you could just ask them if it's ok the add their main to your friend list, and tell them you will notify them when you have made a decision. Then, you have all the time you need to browse and value.

    I would say that if a bank is full of oddball stuff that you don't think will sell for what your time is worth, just pass on it.
    What you are looking for are those high value items that the other person may not think are worth much... things like low level discontinued recipes, enchant formula from older instances that are rare, rare pets... the type of things that YOU know you can sell for a lot, but the average Joe may think is garbage...
    That's when you offer them a price that THEY think is fair, but you know very well is a steal.

    Offering a lump sum for an entire bank is an easy way to snag such items because it may cover up and avoid the other person becoming curious because you only want to buy 'certain items'... that's when some people may stop, look up those certain items you are only offering to buy, see that they are rarer than they thought, then refuse to sell it to you.

    It's just the like Auction Hunters show. The 2 guys KNOW what is worth what just by that quick glimpse. They see antiques and vintage items in the storage units, where as the average Joe at these auctions just see a bunch of junk.
    If the owners of these storage facilities were to auction off the good stuff and throw out the crap, they would be making the $10000+ instead of the 2 guys in this show.

    Having an eye for this sort of thing would be a must, or you'll find yourself with more crap than you know what to do with.

    If you are feeling brave, and think you have what it takes, it could be a potential way to uncover some real treasures that are sitting in people's banks.
    "You master mathematics, you master life and death." - 486486
    Goblinventory Discussion Thread | PokeMoP Guide | Azerothian Pickers | AoE Looting+Instance Farming

  6. #6
    Sterling's Avatar
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    Quote Originally Posted by Namssob View Post
    Meh - may not be worth your time. But I equate this to simply buying guilds and reselling them, regardless of what is inside.
    I agree, may not be the best GPH, but sounds like a lot of fun.

    I bought a 5 tab guild a few weeks ago and watched the guy unload the bank, I told him he had 10k worth of stuff in there. He didn't believe me. After I explained that XYZ item could be sold for transmog, and that ABC recipe was no longer available, he was thankful (and mindblown).

    Actually, I would do this for free, and evaluate bank values :P.
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  7. #7
    theatermusic87's Avatar
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    I offer a guild cleaning service to both guilds my mains are in. I clean out the usless vendor junk, sell anything not worth keeping on the ah and deposit profits back to the guild... it keeps the tabs fresh and keeps the junk from low level alts from piling up in the tabs... I've actually been casually looking to buy another guild for storage and haven't had any offers... so finding someone willing to give you the ability to clean out their bank might be a challenge too

  8. #8
    Faid's Avatar
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    The first show you're talking about is probably American Pickers, which I love. =D

    I have a random invite guild that people deposit greens in all the time. I have to vendor a bunch of junk but it's worth it every time I find that 5,000g transmog piece. :3 Still . . . I'd probably be willing to hire someone to manage it for me, surely.
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  9. #9
    TimB's Avatar
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    @Sterling , you're right. It could actually be a lot of fun. Sometimes, I look for ways to make gold that are fun yet may not net as much as other methods out of well, being bored time to time with the usual routine. But that's just me- I find the fun in trying new things. Hey, if it doesn't work out, oh well. Live and learn.

    But! This may actually be a GREAT time to start doing something like this with legit raiding guilds wanting to clear bank in prep for MoP. I know on my server, there is a lot of inactivity going on. Our guild ranks 1 on my backwater server, and they only raid on Tuesdays anymore... sweeping through most if not all H modes, taking any new bodies with them, then calling it a week.

    Quote Originally Posted by Faid View Post
    The first show you're talking about is probably American Pickers, which I love. =D
    Yes! That's the name. I love seeing the stuff they find. It makes me want to start picking through yardsales again. Several years ago, I snagged a 3 piece 26th congress USSR campaign poster... and paid nothing for it! Don't worry, I didn't steal it. After some research, I'm seeing websites that have and sell old posters like this anywhere from 3-500 ea... and mine is a 3 piece set!

    Well, I got a few loose ends I'm trying to tie up with my own mog business, but I'll see if I can give this a try and figure out if it's worth it or not. Really, you're testing your luck with this.
    "You master mathematics, you master life and death." - 486486
    Goblinventory Discussion Thread | PokeMoP Guide | Azerothian Pickers | AoE Looting+Instance Farming

  10. #10
    Sterling's Avatar
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    Quote Originally Posted by Faid View Post
    The first show you're talking about is probably American Pickers, which I love. =D

    I have a random invite guild that people deposit greens in all the time. I have to vendor a bunch of junk but it's worth it every time I find that 5,000g transmog piece. :3 Still . . . I'd probably be willing to hire someone to manage it for me, surely.
    Love that show! There's a Canadian version too, Canadian pickers, same idea, just more polite and less guns (haha, had to).

    Antique Roadshow, Pawn Stars, Storage Wars, etc, I'm a sucker for those shows. Some of the stuff is overblown and/or totally staged, but the history lessons are very interesting.
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