Guild Wars 2

I can play part of the tp well, every day when I get home from school I have about 10-15 orders filled, but my issue is selling, I’ll almost instantly be undercut and relisting will cost about 10-20silver to just be undercut again. What suggestions would you recommend for selling successfully? Should I focus on items that are are in high demand so they sell very fast? That’s the only thing I can think of, thanks guys!

Why not wait? The market moves truly huge amounts of stuff. If you’re listing something people want to buy at all, and there are a few hundred (or even a few thousand or tens of thousands, eg mithril ore) listed lower than yours, yours will still sell eventually.

For starters: Patience.

Flipping can be a fast game, but often times you want to try and get an idea of what activity a given item has experienced. Was it recently at a really high spot? Then you might expect it to go down for a bit.

I had an item that I listed 50 of last night. Within half an hour, it had over 3000 undercutting it. Trickling down to prices that were over a silver less than I listed for.

However, I chose to let it sit, and the price is slowly coming back up again.

So.. yes. Patience is key. Try not to expect quick turn around times.

If you are a small time flipper just undercut more, and don’t be greedy and sell too much.

For example if you can craft something that cost 70 silver and sell for 1 gold. Try selling for 90 silver. And don’t be greedy and craft too much.

If you are a major tp player. You need to decide that on your own. No one can tell you. The more you sell and closer to the lowest value the more risk there is. It’s part of the game.

The major players probably just sell in bulk and don’t undercut much. And they are patient. Since they are so rich anyway. They don’t worry about their money being hold up on the TP. If you are small player though you probably want to undercut more since you need to get back the money to reinvest.

Some areas of the TP will always be very finnicky. Things low in demand/high in supply are always ridiculously unstable. For instance, I gathered a few Pieces of Mother of Pearl whilst running around the HoT maps and they’re a real pain to sell.

So yeah… tips:

-If you’re flipping and don’t like relisting, don’t try and flip “high-risk” items. Anything that is ridiculously high in supply and average demand, or anything with very very low demand

-If you are flipping high-risk items, do it in small batches. The amount really depends on the traffic the item has. You’ll get a feel for it when you learn a particular item-market. It’s better for just 2 of your item to get hugely undercut than listing 200, because of the TP fee. People will also get put off by seeing a large number (like 200) and either smell you out as a flipper (and purposely undercut you) or will honestly not want to wait for your 200 to sell and will sacrifice a copper or two to get sold first.

-Also with high-risk items, try listing them over night or before you log-off for a few hours. “A watched pot never boils” comes to mind…

-Additionally, don’t get impatient. I absolutely avoid relisting items. I only ever do it if absolutely necessary (e.g. I need the gold or I know that the price has crashed/recovering losses). You may get undercut by a few, but just leave it. Those orders will probably fill and you’ll be top of the pile again.

-If listing and selling really is a battle, consider undercutting by more than just a copper. Learn the market from an alternate angle- work out the distance you need to push your price until people will stop following you and will just happily let your orders sell before listing. Obviosuly, if it’s flipping you’re doing, consider your profit margins and work out if you’d rather get a small quick buck or wait out for the mint.

-Finally, if you are flipping low demand items, it could just be that you’ve been beaten to the post by another flipper. Flippers will defend their item aggressively to chase off any competition.

PS: I’m actually not a flipper. I dabbled briefly, but found it was way too much hassle for what it was worth. I have some experience with investing in stuff in GW2, but I also sell a lot of the materials I accumulate from general game-play. So I might not be perfectly qualified to give advice regarding flipping, but I feel like I have a bit of knowledge in the general area.

Depending on what you are listing, do not worry about being undercut by other listers. Turnover on many items is very fast.

My bit of advice:
Keep an eye out for the ‘clot’ and list just below that. Even if many others get listed lower than yours, yours will likely sell with no problem in a short amount of time.

A clot is basically the large supply that gets whittled away at after the lesser amounts constantly posted below it get bought up quickly.

If you see thousands listed at every copper, then there is suddenly several listings that are small amounts that skip copper, those are sure to be bought up quickly, so your listing just below the clot is likely a safe amount to list at.

example:
1s: 12
1s8c: 74
1s20c: 318
1s21c: 34
1s29c: 750
1s32c: 131
1s40c: 2 <— amount safe to list at and have a semi-quick sale
1s41c: 13,184 <— clot (whittled away at)
1s42c: 11,211
1s43c: 9,643
1s44c: 10,844
…
…

1s41c is the clot. Everything cheaper than it usually sells very quickly, so listing your stuff at 1s40c is a safe amount even if someone does something silly like listing 1,750 up at 1s29c instead of only 750. Their stacks will sell and so will yours.

Now if someone skips ahead and posts 11,750 at 1s29c, they’ve artificially made a new clot that existing demand will not likely eat through in addition to the lesser amounts that get posted lower than it. They’ve essentially forced the item to begin selling for a lower amount. Many items actually do eat through this highly-undercutting re-clot due to the demand for the item, but it can take a few days.

I’ve actually been seeing this re-clot happen a lot on several items in the past few weeks.

Some think it is due to prices suddenly being very high for items that people stocked up on while they were dirt cheap. That these players are dumping large amounts of them far below the established clot so that they can try to get as much coin as possible for their supply before demand starts to disappear and prices decline. However, I’ve even seen some dip into theories of it actually being ANet creating these item walls (leathers mainly) and dumping a large amount of them as a temporary stopgap to help keep the price for these items from getting insanely high while they make adjustments to drop rates for the materials due to the demand being higher than was accounted for. Again, just some theories for why these massive amounts are showing up. Who knows.

If you want to have a rapid turn over of your goods, you have to find markets with the highest velocity.

As others have said patience is the key in most cases unless something changed that made an item take a nose dive. For example, sometimes a patch can do drastic things to an items value. It works both ways though.

If I am testing the waters on new (to me) items I will sometimes post them for sale right before I log off for the day. That way I won’t be checking the market constantly. You will be surprised how much of it has moved when you check again the next day. The market might have been all over the place while you were asleep. Just an idea.