Tradepost Improvements
Relisting fees are necessary. It’s there to encourage sellers to pick a reasonable price, the first time.
Sadly I think this may contribute to players selling to highest bidder because it’s a guarantee sale, risk is almost non-existent. I think the fear of having an item “stuck” at a high price and not wanting to lose your listing fee drives some players to not risk it. Of course this plays into the hands of those who flip who aren’t as afraid.
Using sites like gw2tp.com and gw2spidy.com is invaluable letting you see the swing over time of bids and sales orders so you can choose for a price with confidence that it will sell within a day letting you earn more than selling to high bidder. It’s not that much work.
RIP City of Heroes
Relisting fees are necessary. It’s there to encourage sellers to pick a reasonable price, the first time…
That’s the issue. A reasonable price should reflect costs and demand for that item. Unfortunately, pricing of items isn’t that easy just because of the lack of high friction and low liquidity in the market. Items seeing higher liquidity have a much lower arbitrage ceiling than that of those with low liquidity. See mystic coins or copper which are hovering around an equilibrium. Compare with a lower liquidity market like godskull weapons; their Profit x ROI margins being massive.
There should be a separate re-listing fee due to the lack of immediate available information for players using the tp. Thus leaving them unwilling to take on the risk of of the 15% listing fee. This causes a less liquid market open to lots of arbitrage. I think to better benefit the “normal” player we should have a separate re-listing fee; preferably not a percentage of sell price. This would mean implementing a feature which lets players adjust the price of their sell listing and it should come with a delay to prevent price fixing or scalping.
(edited by Chobiko.9182)