Is projected profit correct?
the listing fee is taken out of your current funds, so you receive 90s when the item sells
Yep. Just think calling it “projected profits” is a little misleading that’s all. Anyway, minor point. I just wanted to make sure I wasn’t missing something.
And btw, the projected profit is sometimes not the same as the actual selling price. You can notice it when you sell items for 1g or more total, you get a discrepancy of some coppers (the actual selling price is somewhat higher than the projected profit).
Yeah, the TP has some… euh… parts that leave a little bit to be desired for, me think.
I am hoping that the November 15th upgrade will do something baout it, else I think I will make some sort of ‘TP issue’ list or so.
The economy is an important part of the game for a certain group of people and although the system behind the TP is great (with buy & sell orders), the interface is not as good as it should be in my opinion.
Tallis – Perpetual newbie – Tarnished Coast.
Always carries a towel – Never panics – Eats cookies.
Always carries a towel – Never panics – Eats cookies.
I discovered early on that the posting fee does NOT include the % charged after the sale. The %charge apparently is a “Tax” on the sale. I did not find anything notated on the TP about this, but found out on the forums that there is a tax charged after sale. So what you get is not what you think you get judging by the difference of posting + posting fee = sale – %tax charge (I think it was something like a difference of 10 percent).
(edited by lynspottery.6529)
Yeah this just cost me quite a bit of silver in one big trade I thought was pretty good. PLEASE MAKE THIS MORE OBVIOUS, the listing cost is there so I assume the projected profit was just subtracting that. Apparently I can’t hide from hidden fees anywhere :/ .
The TP UI could certainly do a better job of displaying this information, but I’ve trained myself to think of them as two different fees whenever I list anything.
1) A 5% listing fee that is paid up front to list items for sale. This must be paid regardless of whether the item(s) sell or not. (This discourages me from cancelling listings if I’m undercut, and makes me think more carefully about what price I will list at, as it costs me to change my mind later)
2) A 10% tax on every sale that is actually made. This is the tax that is calculated in the projected profit. I believe it is labelled as projected because the actual tax paid may vary if you are selling multiples of the same item and they are sold in several separate transactions.