I won’t tell what i flip, but remember that putting stuff on the TP taks 15% of the price, and prices of mats don’t affect mats only, but alot of items. So that’s why i made this topic, to ask if they would recover, and what was causing the sudden drop. So 15% x2 (if i had to relist) plus the loss of 10% is alot.
The listing fee is 5% of the price, not 15%. There is an additional 10% fee when the item sells, for a total of 15%. But if you cancel an unsold listing there is no 10% fee because, well, the item didn’t sell.
If you list an item and it sells, you end up paying 15% in fees. If you list an item, cancel it, relist it at a slightly lower price and it sells, you pay approximately 20% in fees. Every unsold listing that you cancel costs 5% of the amount you listed at.
Unless you drop the price by a huge amount (like accidentally listing something at 1500g, cancelling it and relisting at 150g) the final percentage of the sale price you pay should be pretty close to (number of listings) x 5 + 10.
If you list at something close to the market price of an item, you shouldn’t need to constantly cancel and relist, that’s just impatience and it’s your own fault that you’re wasting your money doing it. Activity of players and demand for most items shifts throughout the day, and throughout the week, if you don’t get too greedy or get into it at the wrong end of a spike in demand due to hype, items should sell fairly quickly if you just list them and leave them alone.
Thanks for pointing that out. It’s not impatience, it’s because of a sudden drop in price, why i came to the forum and asked what was going on, and if it would recover.
Right now, it’s still more then two silver below the listed price of 48 hours ago.
Anyway, i see that the drop stopped and started rising a bit since i made this topic.
Again, i never said i am flipping mats. Dont assume something. Asking will get you further, like i did with this topic.
I won’t tell what i flip, but remember that putting stuff on the TP taks 15% of the price, and prices of mats don’t affect mats only, but alot of items. So that’s why i made this topic, to ask if they would recover, and what was causing the sudden drop. So 15% x2 (if i had to relist) plus the loss of 10% is alot.
Asking didnt bring me any further now, did it? tolunart already pointed out your math flaws and if dont even know the difference between a listing fee and sales tax, then come moaning on the forums about huge losses that you make, i think you deserve them.
Good luck forging precursors or whatever you are doing.
I already gave you answer, i do not flip mats.
I never had to relist items with this much gold involved, thats why i thought it all gets eaten by TP if you list it.
Anyway, i was pointing out that with a high volume of items, a 10% or more in a few days, is alot.
Why would you even respond in this topic if you think i deserve it, instead of posting with an additude.