Jump to content

Auction House gouging


Cro

Recommended Posts

1 hour ago, Cro said:

I sold 2 identicle enhancements. One sold for 10mil the other for 15mil. The fee for 10mil was at the 5% rate, 500k. The 15mil one has a fee of 1,050,000. Why???? calculation error? 

Auction house takes a 10% cut.  5% of posting, and the rest based on sale price.   if my math is right, the one sold for 15m was posted at 4.5m?

Link to comment
Share on other sites

20 minutes ago, Cro said:

I collected the inf for the Overwhelming Force: Accuracy/Damage enhancements. Both listed for 10 mil, one sold for 10 mil/500k fee, one for 15mil/1,050,000 fee. math doesn't jive. 

Can you post a screenshot of exactly what you posted them for sale for and exactly the prices they sold for? At this point, we all have so much confidence the math always does jive that the alternative explanation, that you misread (or charitably, didn't provide exact numbers) the values is vastly more likely.

 

Example:

 

Item 1 is posted for 10,000,000. Poster pays 5% up front, or 500,000.  It sells for 10,000,000. The poster pays the balance of the 10% final sales fee of 1,000,000, which is 500,000, when they collect the sale.

 

Item 2 is also posted for 10,000,000, and 500,000 is also paid up front to list it. It sells for 15,500,000. The total fee due from the sale is 1,550,000, of which the poster already paid 500,000; and the balance of 1,050,000 is paid when collecting the sales. 

  • Like 1
Link to comment
Share on other sites

So if I want to sell something for x amount, and someone wants to by it for x+y their decision to pay more than I want costs me the fee. Granted the are actually paying it, to me. Thank you I now fully understand the fees at the AH.

😄

  • Like 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...