How can I tell if it will never sell ?
Check to see if someone else undercut you. If there are a lot of sellers ahead of you, then you may want to consider changing your price.
In GW2, Trading Post plays you!
Do you need the gold right now?
If no, just leave it there. You never know the price fluctuates back up due to whatever reason.
If you don’t need the money just leave it there and maybe get lucky eventually.
But take a look at the stuff above it. If there’s a massive amount of undercuts to where it’s obvious your item isn’t selling any time soon, go ahead and relist it.
I’ve had stuff up for over a month before that I just stubbornly left there since I didn’t really care, and it ended up selling when the price finally swung back up.
One other thing you can look at is buy orders…. if (as an example) you’re listing an item at 50g and the highest buy order is no where near that, it can illustrate a lack of demand. If, on the other hand, you (and most others selling that item) are around 50g and the buy orders are stacking up around the 30-35g point, then it can indicate a more genuine demand at your price point.
I’ve sweated a bit on some of the higher end items I’ve moved because of exactly this question, in general, I’d say be patient, but…. it could be that no one is buying what you’re selling.
LVL 80’s: Thief / Warrior / Guardian / Mesmer
I check out the long term price history at guildwarstrade.com to see if the price I put it up for bid was way out of line historically.
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For me, it depends on the price margins. If it’s within a silver or 2, I just remove and relist it for a cheaper price. I’d rather have the extra money now to do stuff with it than sit and wait for possibly weeks (if the item is slow moving enough) for the price to move back up.
Unless you are in dire need of the gold do ni t remove it. It will sell just consider it a long term investment.
Commander Ahria – Warrior – Stormbluff Isle
As Behellagh suggested, you want to look at trends. If in the last month, the WTS & WTB prices are going down, supply is increasing, and demand is decreasing, then you can be reasonably sure that people aren’t going to want to pay what you are asking.
It only gets complicated when the trends are inconsistent: supply going up, but so is demand. Then you can choose to research the market to find out why that’s happening, take a guess, or flip a coin.
As others have said, if you don’t badly need the gold, leave it there — it can’t hurt to leave stuff for sale for longer.
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Unless you are in dire need of the gold do ni t remove it. It will sell just consider it a long term investment.
Major rule of stock trading & investing -Never let a trade turn into an investment.
If it is a slow moving item and a pile of items are listed below yours just eat the listing fee and relist or perhaps even dump it to a buy order depending on how demand looks. Your money can often be put to better work elsewhere.
I’ve had a few sell orders up about 2 weeks now. How can I tell if I should leave those orders up, or cancel them and relist the items at a lower price ?
Since you have waited that long, and if there are still large quantities of items in the sell queue that are much cheaper than yours, I suggest you just get yours out and re-list them with a more competitive current price.
Yes, you may make a loss but at least you get back some gold rather than have your gold tied up there forever. Like I have said many times, playing the TP IS NOT GUARANTEED PROFIT even if you make all the right decisions. There is an element of luck involved because of all the overbidding/undercutting. This is one reason why flipping is over-hyped.
(edited by DarkSpirit.7046)