World of Warcraft - Auction House
Auction Houses are the central hub for buying and selling goods in World of Warcraft. Located conveniently in all cities, they allow you to sell to and buy items from other players of your faction. Neutral auction houses even allow you to engage in trade with players of the other faction - the only means in-game to do so.
Browsing Auction Items
Use the categories on the left side of the auction window, and the search field in the top left, to find the items you're interested in. There are many possible custom search options, including:
Name - Name of a specific item you're looking for. You can shift-click an item or item name to enter it in this window.
Level Range - Set the minimum and maximum required level of the item. For example, if you're level 30, try looking for items up to level 30.
Useable Items - Click this box if you only want to see items that you can currently use, such as only displaying Cloth armor if you're a Mage.
Filters
There are many filters and sub filters you can apply to narrow your searches, categorized by item type. For example, each weapon and armor type has its own filter, and in the case of armor, subfilters by inventory slot.
Set Starting Price
The auction house will suggest a starting price. You can adjust this by setting it higher or lower. In some cases the suggested price will be much lower than the item's market value. If you're unsure as to the market value of your item, try searching for listings for that item. However, a low price may also attract bidders who think they can get a deal on the item.
Set Auction Duration
It's important to realize that the longer you set the auction duration, the more the initial deposit will be. If you set an extremely long duration, the deposit price can even exceed the actual value of the item. If your item sells, you will receive your deposit back. However, if no one buys the item, you'll lose your deposit. Generally it's good to pick the shortest auction time you're comfortable with in order to reduce your upfront cost.
Buyout Price (Optional)
If you wish, you can also set a buyout price. This is the price at which a buyer can instantly purchase your item. If you're unsure of the price to set, try searching for listings for that item. Generally, people will pay a slight premium to get their item instantly.
Auction Successful
If someone buys the item you are selling you'll receive a text message. The purchase amount will be sent to your mailbox along with a receipt. Your actual payout will be lower than the sale price because of the auction house's cut - a percentage of the sale price.
Auction Expired
If your item doesn't sell by the time the auction duration is up, your auction will expire and you will lose your deposit money. The item you put up for auction will be returned to you from the auction house through the mail. You have up to 30 days to get it from your mailbox
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