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  1. #1
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    Is there a way to set TSM Auctioning Minimum Price Settings to vendor price?

    I've only been using TSM for a little while now and I love it so far. For auctioning, I have my rules set up very simply until I get more use with it, then I might change my auctioning rules to be more item specific. Currently I have 3 rules, the only difference in them being in how big of stacks I sell items in (20, 5, and 1). I put the minimum price setting to 1g but as I'm leveling a monk through Kalmidor/EK and Outland with dual gathering profs I have a lot of items that sell for less than 1g per, so I then have to manually post all those items since they're above the minimum price setting. I know I could lower the minimum price for everything or I could make rules for every item, but I'm wondering if there's a way to set the minimum price to vendor price.

  2. #2
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    Quote Originally Posted by LS1S13 View Post
    but I'm wondering if there's a way to set the minimum price to vendor price.
    Under the Group Overrides section. Where you set the 1g "Fixed Gold Amount". If you click on the drop down menu in "Set threshold as a" or "Set fallback as a" you'll notice there are a few options. In this case you're asking for "% of Vendor Sale Price" then in the left hand side you would put something like 125%. But remember the Auction House takes a 5% cut. So you want to set this high enough to not be losing money.

    Taking this one step further, if you make a category and set the above settings, then you use the Quick Group Creation on all your new items. You can then add your new item groups to your main category group and they will inherit all the settings of the category. This means they all these new items will have prices based on their % of Vendor Sale Price. This calculates the % of vendor sale price for each individual item.

    Play around with it, you'll find there are various useful features like this.

  3. #3
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    Aha! I forgot I had the option 'Hide advanced opitons' selected. I looked for the 'Fixed Gold Amount' and not finding it, remembered about the advanced options. Thanks a ton!

  4. #4
    hag
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    A different perspective from ^, I submit, depending on times and deposit costs, you want the item to be listed at very slightly below vendor price.

    If you knew that it was only going to sell at the minimum, then you would never list it for below vendor. However, the moment you press post, the AH deposit is a sunk cost.

    E.g.: you list an item and there is a 2g listing fee.
    If it does not sell, you vendor the item for net proceeds of vendor price less 2g
    If you list it for 1g below vendor price and it sells, then the buyer make 1g and you get .95*(vend-1) + 2

    If wowwiki is up to date then the 48 hr deposit is 60% of MSV which is 15% of the vendor sell price.

    E.g., item vendors for 100g. 48 hr Deposit is 15g. You sell for 99g you would receive .95*99+15 in the mail or 109.5 (win-win: buyer makes 1g)

  5. #5
    Sapy on US-Tichondrius(H)
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    Quote Originally Posted by hag View Post
    A different perspective from ^, I submit, depending on times and deposit costs, you want the item to be listed at very slightly below vendor price.

    If you knew that it was only going to sell at the minimum, then you would never list it for below vendor. However, the moment you press post, the AH deposit is a sunk cost.

    E.g.: you list an item and there is a 2g listing fee.
    If it does not sell, you vendor the item for net proceeds of vendor price less 2g
    If you list it for 1g below vendor price and it sells, then the buyer make 1g and you get .95*(vend-1) + 2

    If wowwiki is up to date then the 48 hr deposit is 60% of MSV which is 15% of the vendor sell price.

    E.g., item vendors for 100g. 48 hr Deposit is 15g. You sell for 99g you would receive .95*99+15 in the mail or 109.5 (win-win: buyer makes 1g)

    Your math is flawed. In your example, you left out the 15g you paid for the deposit. So assuming the deposit is 15g and you sell it for 99g, you get .95*99+15 in the mail as you said, but you've already paid 15g to put it on the AH, so you end up with 94.5 where you could have vendored it for 100g. It's never worth posting something below (or even less than ~5.3% above) vendor price. If vendor price is 100g, and you post an item for 110g for 48 hours, if it sells you make a profit of 4.5g over vendor, but if you need to repost it once before it sells, you'll end up losing 10.5 gold. If something is close (within ~20%) to vendor price, I'd always just vendor it.
    Last edited by Sapu94; November 23rd, 2012 at 04:46 PM.


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  6. #6
    hag
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    Quote Originally Posted by Sapu94 View Post
    Your math is flawed. In your example, you left out the 15g you paid for the deposit. So assuming the deposit is 15g and you sell it for 99g, you get .95*99+15 in the mail as you said, but you've already paid 15g to put it on the AH, so you end up with 94.5 where you could have vendored it for 100g. It's never worth posting something below (or even less than ~5.3% above) vendor price. If vendor price is 100g, and you post an item for 110g for 48 hours, if it sells you make a profit of 4.5g over vendor, but if you need to repost it once before it sells, you'll end up losing 10.5 gold. If something is close (within ~20%) to vendor price, I'd always just vendor it.


    I forgot to point out that I was talking about the bid price. As you say, if the asking price is not non-trivially higher than the vendor price, the risk reward is to vendor it. And if you knew in advance whether an item would sell, the AH would be far easier although your soul might be in peril. :-)


    In my example. say you enter something for 200 ask, 99 bid, 15g listing fee, 100g vendor.

    If someone buys it for 99g then you spent 15g and get back 109.5 for a net of 94.5. This is less than the 100g from vendoring without listing. My point is that if you don't have the 99g bid and it comes back to you then you vendor for 100g and already spent the 15g fee so you net 85 gold which is less than the 109.5.
    I was just pointing out the math that if you have a "let's see if it will sell and I'll vendor it if it doesn't" item and that you think the risk/reward is worth it, then the math of the listing fee can make the optimal minimum bid less than vendor. Especially if there are people with addons doing vendor scans. I would be quite surprised on my server if an item 1g below vendor would not get a bid which means you are now risking 5.5 on a chance of a 200g sale versus the 15 gold that the 105 ask person was risking. I.e., if you spend 15 for a chance at a 200g sale, would you prefer to get 100g or 109.5 back if your hoped for 200g sale fails?

  7. #7
    Sapy on US-Tichondrius(H)
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    I'm still not sure why you'd want to ever sell something for less than the vendor, whether it's via a bid or a buyout. I get the whole "is it working posting for 200g or vendoring for 100g" part, but the "I'll put my bid at 99g in hopes of getting 94.5g instead of the 100g vendor" part doesn't make any sense to me. If you're going to try for 200g, why not just set the bid to 200g also? People who are doing vendor searches based on bids aren't going to bid above the vendor price (likely a few gold below the vendor price), so you'll never make a profit by them bidding on it over you just vendoring it.


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