Listing fee doubled? tripled?

Listing fee doubled? tripled?

in Black Lion Trading Co

Posted by: Noltrach.3087

Noltrach.3087

Q:

I have been looking for this answer and cannot find it so I ask here. Has anyone else noticed that your take home money from the TP is your asking price with the listing fee subtracted twice. Here are the numbers

(Legend- Gold.Silver.Copper)
List Price 2.88.44
Listing Fee 0.14.42
Take Home 2.59.60

Now the math is simple but I dont understand. Should I not be taking home just 0.14.42 less than the list price. So in this example should I not be taking home 2.74.02? I am wondering if this is a glitch or not.

Then if you look at the whole of it I paid the 0.14.42 and they took out 0.28.84 so my loss is 3 times the listing fee. I thought that this economy was set up to help you make money. So if the matts are priced at 2.40.22 and adding my listing fee you get my cost at 2.54.64. Subtract the cost from the take home. 2.59.60-2.54.64= 0.04.96.

I did not know how to just ask the designers if this was their plan or not. I was just wondering why I have to pay three times the listing fee.

Thank you for your responses and your time.

Anvil rock~Asuran Necromancer

Listing fee doubled? tripled?

in Black Lion Trading Co

Posted by: SET.3275

SET.3275

A:

There was a whole topic about the misleading interface of the TP. Your math is right – you get 15% less than the listing price. 5% is non refundable listing fee and you pay 10% more if the item sells. It is a gold sink they implemented to keep the inflation low.

Listing fee doubled? tripled?

in Black Lion Trading Co

Posted by: cpg.7140

cpg.7140

5% listing fee you pay at sale, 10% tax paid at sale (buyer pays, but it’s money you don’t get).

Hobwash
[TAS] – The Asuran Squad
Devona’s Rest

Listing fee doubled? tripled?

in Black Lion Trading Co

Posted by: Mystic.5934

Mystic.5934

lol, I do hate their format.
you list one thing for 1s00c, here’s the resulting numbers:
the ‘listing fee’ is 5c (payable right then, taken from your collection of coins)
the ‘projected profit’ is 90c
the unseen TP tax is 10c (deducted from the amount you get when the item sells)
the actual take-home profit is 85c

If you want these numbers to be helpful to you when listing something where the alternative is selling it to a merchant:
if ( (‘projected profit’ – listing fee) > item merchant price ), then sell on TP. otherwise, sell to merchant

‘projected profit’ is absolutely the wrong term to use here. A better term for this would be ‘projected return’, as ‘profit’ implies actual PROFIT. It’s like telling someone “I won 600 million in the lottery” instead of “I got to keep 150 million from winning the lottery after lump-sum payout reduction and taxes”.