stupid money Q

stupid money Q

in Black Lion Trading Co

Posted by: ErzaScarlet.2386

ErzaScarlet.2386

so if something sells for 20 to npc
and i sell it for 22 in BTC but it has 2 listing fee
that means i sold it at 1 loss fee right?

stupid money Q

in Black Lion Trading Co

Posted by: Cancer.9065

Cancer.9065

You are thinking correctly but your math/formula is off.

See after you sell the item you have a 10% sell tax deducted from the transaction, so your formula should be:

22 -[(5%22)+(10%22)]= 18.7 (rounded up to 19 or a 1 copper loss than selling from vendor )

Next time just replace 22 with the value you want to sell and you can decide better

Cancer is also a Zodiac sign.

stupid money Q

in Black Lion Trading Co

Posted by: ErzaScarlet.2386

ErzaScarlet.2386

ah so if the diff between vendor and BLTC is only 1/2 copper its better to sell vendor right?

stupid money Q

in Black Lion Trading Co

Posted by: Hippocampus.8470

Hippocampus.8470

Yeah, if a vendor is handy, you should always sell to the vendor instead of the BLTC when the BLTC price is only a little above the vendor price (you lose 15% from the price you sell at, so even a several copper difference isn’t worth it for more expensive items).

I believe the reason some people are willing to sell at a loss like this is that they find it more convenient (and possibly cheaper) to sell unstackable items immediately on the BLTC at whatever price they can, instead of paying for a waypoint so they can sell to a vendor for at most a few copper more than they’ll end up making on the trade.