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    Auction House Guide

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    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 1

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    ATTENTION:

    You DO NOT Have The Right

    To Resell Or Share This Report!

    THIS REPORT IS FOR YOUR

    PERSONAL USE ONLY

    Copyright 2007 Derek Beachler

    ALL RIGHTS RESERVED. No part of this report may be reproduced or

    transmitted in any form whatsoever, electronic, or mechanical, including

    photocopying, recording, or by any informational storage or retrieval

    system without expressed written, dated, and signed permission from theauthor.

    DISCLAIMER AND/OR LEGAL NOTICES:

    The information presented herein represents the view of the authors as of

    the date of publication. Due to the rate with which conditions change, the

    authors reserve their right to alter and update his opinions based on the

    new conditions. This report is for informational purposes only. The authors

    do not accept any responsibilities for any liabilities resulting from the use ofthis information. While every attempt has been made to verify the

    information provided here, the author cannot assume any responsibility for

    errors or omissions.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 2

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    Table of Contents

    Introduction..................................................................................................................... 4

    Tools:.............................................................................................................................. 6

    Guidelines....................................................................................................................... 9

    Buying and selling tips.................................................................................................. 15

    Buying Tips................................................................................................................... 15

    Selling Tips................................................................................................................... 22

    No Gold? NOT A PROBLEM!....................................................................................... 29

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 3

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    Introduction

    The Auction House (AH) is the foundation to every method of gold collection. You will

    need to learn how to use the auction house successfully in order to bring in masses of

    gold.

    The AH will serve as a downfall or a huge income for your characters. You will learn

    about the pitfalls of the AH, how to overcome them, and then take advantage over

    those who continue to fail to overcome those same pitfalls.

    To understand the AH you will need to understand your servers economy. You are

    going to buy for low and sell for high. To be able to do this you must know the

    averages prices on your server.

    There are so many items that it's impossible for us to keep a good and accurate

    knowledge of item prices, we can easily size up the range of item prices but this wont

    make us maximum profits.

    In order to collect, analyze, and store data you are going to need to grab Auctioneer .

    Auctioneer is an add-on that is like having an AH brain at your finger tips. It will guide

    you to make correct decisions while playing the market. However even with such apowerful tool it is not always 100% correct.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 4

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    Just scanning the AH and randomly buying things will lose you a lot of gold.

    That's why I created this portion of the guide. You will understand how the Auction

    house works and how you can make loads of gold.

    I created guidelines or steps to start using the AH effectively. Read through the

    guidelines, and then finish the guide. It may all be confusing at first but everything gets

    explained by the end.

    If you are still unsure about some of the points inside of the guide, come back and

    read the guidelines. The guidelines are the basics to the AH strategy that I use daily.

    In a nut shell, we buy for low and sell for high. Back at one time I was using the

    Auction House on 9 Different servers.

    I was able to dominate the economy on all of these servers thanks to the tools I have

    listed for you. (Yes the word dominate rings true. I have sold over 100,000g to chinese

    farmers and have been very successful in farming gold. You can read more about this,

    google: The Pathway to 27,000g.)

    The tools are just add-ons, but they are very important.

    Make sure you download and use each of the add-ons. They will store, collect,

    organize all the data you need for running the auction house.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 5

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    Tools:

    Auctioneer

    LootLink

    CT_MailMod

    Macro's

    Auctioneer:

    Auctioneer is the most powerful add-on in the game. This will scan the auction house

    for you, collect data on price listings and translate the information to you so you can

    use the data to base your idea on bids, listings, and buy-outs.

    LootLink:

    Stores all the information of actual items. Very handy to use when looking for specific

    items to sell or buy in a certain category. It gathers information from chat links, from

    auction house listings, inventories and other players when you inspect them.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 6

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    CT_MailMod:

    Simple add-on to make mailling a lot easier on you. Give you the ability to mass-mail

    which simply gives you the ability to send around 21-30 items all at the same time to

    the same player (Mainly used from your main character to your mule character)

    Also gives you the open all ability, so when you have all your auction winnings, and

    auction sales, and out-bids coming in, you can open them all up at once instead of one

    by one. HUGE time saver.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 7

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    Macro's:

    If you need to learn how to create macro's it's very simple.

    Follow the following steps:

    1. Type /macro

    2. Press new

    3. Click the Icon for your new macro

    4. Name the Macro

    5. Under Enter Macro Commands, type in the macro you are going to make

    (information below).

    6. Drag the icon to one of your bar's.

    7. Click the button for use.

    Note: The macro you will be using is given at a later portion in this guide, this is just an

    explanation on how to install the macro.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 8

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    The Auction House 5kg Theory

    Since the release of my guide I have help players reach their specific goal of gold depending

    on exactly what it is. I have helped players one-on-one and most of the time I just convert

    them into full-time auction house players.

    The Auction house is the most powerful gold farming technique because any class can use it,

    any level, and with any amount of gold, you can double, triple and quadruple the gold you

    have.

    I have noticed the most common mistake with the auction house isn't actually a mistake that

    loses money, but it loses profits. In theory it loses money, but it's money never gained. This

    section is going to fix this.

    This is the single most important part of the guide because this section can be applied to

    EVERY section of the guide and you can use it for nearly everything. The 5,000g Theory is

    simply a thought process that you can use to make more gold.

    The most common mistake is not maximizing your profits on the Auction house. Many players

    are only using one section of the auction house, or one technique for the auction house, and

    this in return does not maximize profits.

    Here's the basics. Most players find out one method that works for them. They take this

    method and use it over and over, and they don't expound or learn any more strategies. After a

    while they think this is the only method that works and they forget to continue to push.

    The 5,000g theory is nothing special at all. You just need to DO EVERYTHING. This may

    seem very difficult but it's not. You can't just simply run auction house scans, run a few macro

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 9

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    scans, and then expect Auctioneer to do all the work for you. It will never work the way you

    want. You will want to disect this guide, use EVERY strategy as a daily cycle. Each time you

    approach the auction house with gold on your mind (or even those few times where you are

    there to buy) you will want to take ALL of these idea's into mind.

    Ever y Cloth In The Auction House

    Ever y Weapon in the Auction House

    Ever y Armor In the Auction House

    Ever y Potion in The Auction House

    Ever y Gem In the Auction HouseEver y Herb In the Auction House

    Ever y Ore In the Auction House

    Ever y Quest Item in the Auction House

    Ever y Enchanting Material in the Auction House

    Ever y Recipe/Scroll/Schematic etc. in the Auction House

    Ever y Vanity Item in the Auctoin House

    Ever y Vendor Item (Yes some still exist) In the Auctoin House

    That right there is a very broad list of 12 different sections you can look for deals.

    Those are just your manual searches. You still h ave simple strategies to thing about when

    you approach the auction house, those are:

    Breaking up Stacks

    Bottom Scanner

    Macro Scans

    Buy/Relist

    Vendor/Relist

    Grind/List

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 10

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    Find n Spam

    WholeSale Buy/Resell

    Guild Bank Clearing

    You should really use all of these methods when it comes to the Auction House. I get too

    many emails saying that these players are not making gold like they should be but when I

    question what they are doing, they are only using the bottom scanner, or only selling

    enchanting items, or only using Auctioneer.

    The 5,000g theory is my thought process when it comes to Gold Farming. You want to find a

    profitable method and continue to use that each day. The most common goal is 500g a day.

    (Which is easily obtainable just from grinding, even easier when it comes to Auction House).

    After 10 days you will have your epic mount.

    The first step you need to take is to find some profitable items on the AH, buy them, and re list

    them.

    If you plan to use the auction house to make thousands of gold you are going to have to put in

    the time and experience to learn. When I learned the Auction House I had nothing that would

    speed that process up. I did not have the tools available now.

    There's also another great tool that you can use to get a giant advantage on the Auction

    House.

    Http://www.WoWecon.com It's only $3.33 a month for the premium membership and it is is

    totally worth it. If you don't have the money for it that's fine you can still use the tool to find

    item prices and compar e prices.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 11

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    Kick back and make some money! (Bottom Scanner)

    I never really relied on this strategy because I honestly thought it was over rated. I have been

    playing the Auction house for 2 years, and I guess you could say I didn't like this idea

    because I was too stubborn. It seemed way to easy, so I automatically assumed Something

    this easy can't possibly work so I completely ignored it.

    Bottom Scanner is one of the most easiest, care free ways to make money from the auction

    house. It's a built in add-on (if you download the full package). When you go to the auction

    house you can scan with Bottom scanner, and it will display auctions that are listed

    ridiculously low (mainly with buyouts) that you can buy and resell.

    Note: his is not 100% full-proof or guaranteed money. You still have to use wisdom

    and double check your bids/buyouts before you go through with ANYTHING. Just

    because a program shows you you can profit, doesn't mean it's 100% correct. Please

    do not rely on this fully, because remember it's still a program, and it can make errors.

    1. When you go to the auction house click on the BTMscan tab.

    2. Press the Big yellow Play button.

    3. Grab a coffee, read further in this guide, read the news, do something to occupy your

    time as bottom scanner is searching for deals.

    4. After it's done searching it will ask you if you want to purchase the items listed.

    If you have been searching with Auctioneer for a while, then you can hover over those items,

    and see their usual listing price. However if you haven't you will want to proceed with extreme

    caution because it goes off of it's own pricing system. It's very smart to check the prices one

    way or the other before purchasing.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 12

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    Guidelines

    #1 Create your Character.

    Characters Name:

    When you create your character the name is very important. You want to create a

    name that will both blend in and look like a natural player. You don't want to make avery unique name that someone will stick to someones mind.

    I used to use the character name Poor for a lot of my Auction House characters, but I

    stopped using those because it brought me too much attention for having a unique

    name.

    When I create a character now I try to make a name that will blend in, or even makes

    me look like a noob. To do that you want to find very common names. Remember you

    don't want to stand out in the crowd, so you finding a name that will blend in on the

    auction house will work to your advantage.

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    When you start your scans make sure you checkoff the options to scan for: Quivers,

    Projectiles, Consumables and Containers. You will rarely find any good buys from

    those categories and they will just bog up your scan times. So if you want quicker

    scans then get rid of those.

    Even after you have been using this method for a while, you will want to continue to

    scan the auction house. The prices will ALWAYS be fluctuating and you will want to

    have up to date information.

    On top of that you will want to have a huge database for your Auctioneer to sort

    through while it's making decisions for you. The more data you have the better. It's

    more likely that your Data will be correct.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 15

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    #3 Macro Scans

    I usually run 3-4 Macro Scans:

    /auctioneer broker 200

    /auctioneer broker 500

    /auctioneerbroker 750

    /auctioneer broker 1000

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 16

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    ***Note: The number is based off of silver so 600 silver = 6g. If you do a macro scan

    or 600 it will list auctoins that have a buy out giving you a 6g profit if you were to

    resell those items!!

    I only use the Macro Scans above. You can feel free to change the macro to fit your

    needs.

    When your starting out you may want to start with scans between 50-150, or 100-200,

    it's really up to you, but you will want to start where you budget will fit. As you continue

    this method you can move up and up.

    #4 Buyout!

    Now you will go back and buy out all of the good deals that you found using

    Auctioneer. I emphasize good because you can't always take all the information given

    to you directly from Auctioneer and buy out everything they say has been listed lower.

    Auctioneer does make mistakes, it is just a program, it runs as it should, but it does not

    have a brain and it can not think like we do.

    I wouldn't go item for item on which items Auctioneer tells you are good buys.

    Use your head and use the information I give you inside of this section to pick which

    items are good buys.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 17

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    #5 Re-list

    After you buyout all the items that were good deals, you simply run to the mail box,

    and re-list them on the Auction house.

    You will begin to get a lot of items going back and forth. I usually have around 50-75

    auctions running at a time on each server.

    As some expire, I just leave them in my Mail box until most or all of my auctions

    expire. This saves me time and headaches.

    #6 Rinse and Repeat

    The most simple guideline. Continue! Just keep chipping away at that auction house

    and you will begin to see a constant flow of gold flowing into your character.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 18

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    Buying and selling tips

    So now that you have the basics down to the way this method works you can start

    moving into the advanced area's of buying and selling. Knowing when, how and why

    you want to buy is very important.

    Buying Tips

    Bidding before downtime

    If you bid right before server restarts or server maintenance times you will have a great

    increased chance of winning.

    This works because most players do not check the auction house after a patch, they

    want to check the new content, or they get side tracked very quickly if its a regular

    maintenance day.

    If you place your bid before the down time, when the servers come back up the

    auction will begin to tick away again and you will end up the winner.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 19

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    Sundays/Monday Mornings

    The weekend is when most players are on the servers.

    With this in mind, during Friday Night, Saturday Night and Sunday Morning/Evening

    most players are out playing, exploring, grinding, raiding, the usual.

    When their weekend is about to end they take a stroll to the AH and put up all their

    new items they found over the weekend.

    I usually run a majority of my auction scans on Late night Sunday or Early morning on

    Monday.

    You pick up great deals because everyone wants to sell their items without re-listing

    them. This means that everyone will undercut the people who listed before them.

    If there are tons of people listing auctions at this given time, then you will know there

    will be plenty of undercutting going on. This is our prime time to take advantage of

    those auctions and pick up some great buys.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 20

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    Deals from Trade Chat

    This is a great place to pick up some deals also!

    Some players prefer to spam their items in the trade channel to sell. This means you

    can negotiate a price with them. If you see any good items being sold in the trade

    channel then offer some prices to them and try to work out a deal in your favor.

    When you offer them a price, offer them around 60-75% of what the auction house

    calls for. If they decline don't go and burn your bridges.

    Don't sit and argue with these players let them continue to try and sell it for two

    reasons. First is that there are plenty of other deals for you to pick up quickly. Wasting

    your time and effort on just one deal will get you no where.

    The second is that if and when they don't sell it for their asking price, a lot of times

    they will just COD the item to me for what I offered, or they will message me asking if I

    still wanted it.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 21

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    Manual Searches

    This is something overlooked by SO many auctioneers. A friend of mine actually gave

    me the ability to stumble on this one.

    I have a very annoying real-life friend that always wanted the best items for his pretty

    little Fury Warrior. I was constantly buying him new axes, new swords, new gear.

    It wasn't really a problem for me, I had plenty of gold but then it made me realize:

    What if more players are just like him, wanting to buy upgrades often so his their

    characters stay top-notch. So I tested it out.

    I invested around 100g on low level weapons. If you are familiar with prices you will

    understand that 100g goes A LONG way with low level items. So I had quite a few

    auctions in my inbox waiting for me.

    I bought most of them for 10-15 silver. I re-listed them all for between 1-2g, some a lot

    higher then the others. It all depends on the item level and the +stats the item gave.

    The weapons I looked to buy out were ones with +agility + strength + stamina or

    +attack power. These are those are the hot selling items for those characters since

    they give them the best buffs for damage.

    My weapons nearly always sold. If they didn't I would just re-list them later because it

    didn't take much to do so.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 22

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    The only thing is that you have to continue to keep a demand going for these items.

    You can't let other people continue to list their auctions for 5s or 10s. Just buy those

    out and hold them to re-list them at a later time. Shortly after this I did it with everything

    I could get my hands on: armor of all threads, all types of weapons, absolutely

    everything!

    This alone is where I made a huge killing. Just by taking everything that all the lowbies

    listed and re-listing it for a higher price. You really can't get much easier!

    This lead me to another idea. Some classes (Warriors, Paladins, Hunters) upgrade

    their armor at level 40. Hunters get mail, and the plate classes get their beloved plate.

    I use the same exact method for this items.

    All the items that bridge the gap between 39-40, I bought up and put at an even higher

    price.

    When these classes hit 40 they have waited so long to get these items. You can

    understand their desire to quickly get their items. If you have played one of these

    classes then you would know also.

    You can re-list these items from 2x sometimes 3x the price that the auction house

    gives you. By creating your own price, you are in control of what you want to sell your

    items for.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 23

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    Rings, Trinkets and Necklaces

    Just like I said before, you can use the same method for these. Since there are lower

    level items available now for these items you can start buying out these and re-listing

    them at your own price.

    Epics and Blues

    When you find deals on these it's usually a great steal to pick them up. But you have

    to remember that the listing prices for these go up. The prices are some times

    outrageous.

    You have to be extremely careful and include that into the back of your head when

    your picking up good-buys on blues and epics. These could just as quickly turn

    around and hurt you because of the amount of times you have to list in.

    On these topics you also want to remember that when you list them on the auction

    house you want to do so when they are going to sell. You do not want to pay

    additional listing fee's because the item did no sell. You can either advertise that it's in

    the AH, or sell at a very reasonable price to get more attention.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 24

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    Items To look our for.

    Here's a short list of things that usually sell like crazy:

    I go more in depth with items in my grinding portion of the guide.

    Twink Items

    Leveling Items

    Gem's for JewelCrafting

    Raid BOE Items

    Hot Recipe Materials

    Consumable Materials

    Reputation Items

    Trade Skill Rare Recipes

    Items with no Listing fee's.

    Watch for the bid

    Here's a fun one! Before you anxiously start going on a buyout spree, be mindful and

    watch out for extremely low bid prices.

    So many people are so worried about their buy-out prices that they forget about their

    bid prices. Take advantage of the mistakes your competition makes. If you see any

    poorly marked bid prices snatch them up and place a bid!

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    Selling Tips

    Sell during Prime Time

    The hottest times to list auctions would be on Friday evening, before all the players

    start logging on, and Sunday morning, before all the players start listing their mass of

    auctions and undercuts.

    If you want to make a huge amount of money you need to sell when the buyers are

    there, and buy when the sellers are there.

    The more times you have to re-list something, the less profit you receive.

    If you are new to this method and you are just trying to start off making some cash

    then re-list prices will be your death. You really want to be mindful of the auctions you

    list, when you list them and what your plan for the sale is going to be.

    Auction Types

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    This one may seem extremely simplebut I am going to reinforce it.

    Always use a buyout. Never listen an item on the auction house that does not have a

    buy out. You wil l lose a lot of sales.

    It is just like the minds of most Americans. Why do you think so many people buy fast

    food? Because it is healthy and delicious? No. Because it's cheap? Not quite. The

    reason is it's QUICK - It's Instant . You want food? drive throughBAM it's yours.

    When it comes to items for peoples characters they want it instantly, they don't want to

    bid and hope they win it by tomorrow.

    So when you list an auction remember to list it with a buy out price. On top of this

    make sure you list your bid price near the amount of your buy-out price.

    Most people will forget about their bid price and this leaves a huge door open for you

    like I talked about in the buying tips. Don't be one giving off good sales because of

    your bid price.

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    Psychology of a buyer

    If you have any background in sales this will make sense to you.

    The psychology of a buyer is just making prices that look like a sale or a discount

    when they really aren't. Instead of listing things for 10g, list them as 9g95s.

    Very simple right? Well it gets more heavy.

    Lets say you found a good blue item that you can sell for 10g. Did you know you can

    actually make more then 10g out of that item?

    Let's say you picked the item up for 5g. When you go to auction that item try using my

    bridge the gap method. If you know the selling price is 10g, you can use the

    psychology of a buyer to sell it for more.

    What you want to do is list your item with a bid of 9g95s, the buyout being 11g95, or

    12g95s. When the buyer looks at the item he or she will see the 9g95s as the first

    price. Their brain will already function as the item being 9 gold.

    Then they realize that it's just the bid. So they make the decision in their head Well for

    2 gold more I can get this item immediately and since I really want it - I'll just get it

    now! We both know very well people don't really think this out like that, but this is

    what your brain goes through in the matter of seconds and makes those impulse

    decisions to buy.

    http://www.WarcraftLegion.com Copyright 2007 Derek Beachler 28

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    Listing Your Items

    I need to reinforce it again. To maximize profits you need to cut back on the amount of

    times you list an item.

    You will want to list your auctions for the full 24 hours. The price isn't much higher and

    you get double the amount of viewers then you would with the 12 hour auction.

    This also gives you less headaches. If you list all your auctions for 24 hours, you wont

    have to list any more until you are ready to the next day.

    If you are constantly listing and re-listing items because of 12 hour buyouts then you

    are going to get a headache and you wont be able to enjoy the game like everyone

    else does!

    Stick with 24 hours, it may hurt at first, but as profits start rolling in, listing prices wont

    even play much of an effect in your mind. They will only come into play for Blue's and

    Epics, and other general item's over level 50.

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    The power of Minimum bids

    This is a secret I have kept to myself for a very long time. It works so wonderfully and

    it's one of those under the radar secrets.

    Auctions inside of the AH are listed in order for bid price. Most people automatically

    assume that this goes by the buy out price.

    Blizzard implemented it this way because the people who use just the bidding system

    would get left out of the price listings.

    So when people are searching for items they will see the lowest bid prices first.

    I am not telling you to go and start making auctions with 1s bid. That is just retarded

    and negates what I said previously. You want to use this with a balance.

    If you are selling your items for 15g, you don't want to list your items for:

    15g Bid/15g Buyout.

    You want to look at the competition for that item, and see what their bids are. If you

    can undercut what their listed bid price is, then you can move your auction up a few

    slots and it will get you more views.

    If no one is competing with you then you don't need to worry about it because your

    auction will most likely get some action anyways.

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    One warning with this, is don't go too low.

    I taught 3 people One-on-one my Auction house methods. I met these players on my

    server. So they knew my account name, my mule name, and then I taught them my

    methods.

    After helping them out for a while 2 out of the 3 were getting very upset with me for

    bidding on a nice portion of their auctions.

    I couldn't figure out what the problem was until one of them blamed me for the

    undercutting bid idea that I gave them.

    After that it was obvious what their problem was. They were undercutting bids but they

    were cutting them at such a drastic rate that people who have an eye for the auction

    house were yanking them down for a nice steal of our own.

    So I want to make it clear to you guys. Undercut your bids IF it's possible to give you a

    bump up. If it's going to effect your profits for that item then don't worry about it.

    This is just a sneaky little trick we can use to get that one step above our competition.

    Everything helps when it comes to maximizing profits.

    Don't go overboard on this one.

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    Stack'em Up

    When you start stacking your items, you might want to sell them off slowly in smaller

    stacks. I discussed this in the professions portion of the guide, it holds even more truth

    in this section.

    If you buy a full stack of peace bloom for 5 silver, and you sell them off in stacks of 5

    for 3 silver a piece. You will realize that you will make 18s which is nearly 4x the

    amount you bought it for.

    On the other hand of this discussion you want to beware of uneven stack sizes.

    People like to calculate simply in their heads to see if they are getting a deal or not. If

    someone who is lazy runs across your auction for a stack of 14 instead of an even

    stack of 20 or 10, the prices really don't matter.

    More then likely for the sake of comfort the person will buy when they can calculate it

    easily.

    If worse comes to worse and you only have like 3-4 items you can break them up and

    list them individually. But you never want to sell uneven stack sizes unless you are

    using a strategy for a famous recipe or there is something above and beyond common

    sense.

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    No Gold? NOT A PROBLEM!

    It's always been a myth that you need loads of gold or lucky drops to cash in big using

    the Auction House.

    When people ask me how much gold they need to start out I usually tell them they

    don't need any, or a couple gold will work just fine.

    People think they have to find some way to farm x amount of gold so they can start

    using this method. That's incorrect.

    You can start out with a brand new account and make loads of cash strictly from the

    auction house. Make a new character and grind just until level 5. By that time you

    should have enough silver to start playing the auction house. Leveling to 5 only takes

    a short amount of time.

    It is definitely a struggle starting out with no gold don't get me wrong. Let me show you

    some proof as to how you can start out.

    You can start out looking for very cheap deals with very small profit ratings.

    You will have to be a little careful on this, because these cheap deals could just be

    an undercut, so it really takes some talent to start out this low.

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    If you are starting on a brand new server you can follow the model that I use to create

    Gold Project X (My free demonstration of how I farm gold on servers I've never

    played on).

    I start out using a new character that I quickly send to the auction house to begin

    scanning. (Remember you need a few days of scanning to get accurate results.)

    I then create another character that I use for my leveling. This is always a hunter.

    I play him in between my scanning times. I believe I got my hunter up to level 23

    before I was ready to start using the auction house. By that time I have plenty of

    materials to already start listing on the auction house (Between Cloth, Gathering

    materials and greens I picked up while leveling).

    I spend most of my gold that I collect while farming just to buy bags to make the

    auction house experience easier and less of a headache. This leaves me with just a

    few gold. But it isn't a problem.

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    With that small amount of gold, and the methods in this guide you will turn it into

    thousands. When you start searching for items on the auction house and running your

    Macro Scans, then heres how to customize your search for the good auctions:

    As you can see, there's a lot of auctions here with LOW bids (the auctions are closing

    out soon) and you can turn around and sell these for a very nice profit. Notice the

    difference between the two images, one is 80% and one is 65%.

    You can change this to the amount you want. The closer to 100% it is, the less the

    difference is between profit and bid amount.

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    Looking for a deal

    Here's the biggest and hardest question to answer.

    When the gold is rolling in and you start investing more and more money into bigger

    auctions and bigger deals the question starts to arise: How much money should I

    leave sitting.

    At first glance you will want to answer None, just keep investing for bigger returns.

    This was my first response. Then I realized one day that this isn't always the case.

    This happened the first day I was teaching one of my friends my Auction house

    method. I had him over my house and I was showing him how I searched the auction

    house. I started seeing deals fly up everywhere.

    Most of these auctions were for raid-only items. Things like:

    Core LeatherArcane CrystalsLava CoreFiery Core.

    I was explaining to him exactly how great of deals these were.

    Luckily I had around 7000g on the character at that time. I spent 4,500g that night

    buying these auctions out as they were listed. My only guess is that a guild broke up

    and the owner of the guild bank just wanted to throw all the items on the auction house

    to get the gold return and move on.

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    Whoever was listing these auctions was listing them at full stacks for a great price. He

    was listing Core Leather in stacks of 10 for 200g. At that time, Core leather could be

    sold individually for 55g on that server.

    When all is said and done (which was quite a while later) I had made 4,000g profit.

    That is a HUGE turn around that people dream about. So when you go on spending

    spree's you have to keep in mind that there could be that huge deal just waiting to pop

    up, and you want to save a little bit of income for that.

    Conclusion

    So with that I want to conclude the Auction House portion of the guide. I know you

    guys will make a killing off of this strategy if and only if you put it to use! I have used it

    for over a year now and it continues to bring in money.

    It will never stop bringing in money! You just have to be one of the diligent to go out

    there and get it. If you need item idea's make sure you check out the Grinding

    section of this guide. It will show you big selling items.

    Go back to the step-by-step guide for the Auction House and begin implementing the

    idea's. You will see huge increase in your gold with-in a week.

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