Trading post question..
I haven’t seen a auction house trading post like this before. I’m not complaining or anything like that, just doing good on selling my stuff what i don’t need.
My question is this.. Why is it on buying the item cost more to get than selling it? I’m always seeing it different on current buyers and sellers. I am very curious that’s all. :-)
If you are looking for say, globs of ectoplasm and pull up the page, you will see two columns:
One is for people who have their items up for sale. You can buy these immediately. But, let’s say you aren’t interested in purchasing immediately. At this point you can put in a buy order for less than what it is currently listed for. This number shows up for people that are trying to sell the item.
So let’s say you now have some globs of ectoplasm for sale. You’ve got one column where people have listed buy orders, meaning, if you want to sell immediately, you can sell it to those people who have requested a specific price. If you aren’t in a hurry, you can list the item on the trading post for more (most people will match the current lowest seller, or go just a hair under).
It’s really just the difference of people wanting to buy or sell instantly, versus people who want to fix their prices and hope they sell later on for more.
Does that make sense?
It’s a medical condition, they say its terminal….
^
As above.
The left hand list Is people who want to buy your ectoplasm, and they are offering as low a price as they can. The right hand list is people who are selling their ecto, and asking for as high a price as they can.
Now, you can either sell your ecto straight to a buyer, and take less money or you can list it for sale for more money, but it takes longer to sale and for you to get your money. In addition there is always the risk when you list an item to sale that the market will shift, prices drop below what you are asking, and it takes a long time to sell.
So it’s sell immediately and it’s a sure thing but for less money or list to sell and get more money, but there is a risk that it will take time to sell.
that makes a lot of sense now!! thank you both!! Now i’m started to see things now.