Wiki price accuracy

[Woahnelly]

That ahungry sight is great! Thanks swish!!

[pharmakos]

WHOA

i just realized that documenting advertised prices may actually cause prices to increase over time.

mind blown.

[Swish]

Originally Posted by Woahnelly [You must be logged in to view images. Log in or Register.]

That ahungry sight is great! Thanks swish!!

I haven't seen him post lately but give a big /thank to Tristantio, he's the guy who put it together - I find it very handy [You must be logged in to view images. Log in or Register.]

[Lagaidh]

The wiki prices are really just a guide, not a table of facts. There are some things I farm that have low prices on the wiki, but in practice, people are almost always willing to pay double (I'm talking low end items < 1000p). On other items, I price below the wiki because it may facilitate a quicker sale, or I personally think the wiki is flat out wrong. I spend a lot of time in the tunnel, and like others mention, you get a feel for prices.

I am always willing to negotiate a price. I wish that were more commonplace. I send out my /auc lines with prices because I prefer to be direct, but many folks won't even offer if they don't like the price. I've had to tell more than one person that they should make a counter offer.

You never know. Someone may take the offer.

[Sularus Oth Mithas]

Originally Posted by Lagaidh [You must be logged in to view images. Log in or Register.]

I am always willing to negotiate a price. I wish that were more commonplace. I send out my /auc lines with prices because I prefer to be direct, but many folks won't even offer if they don't like the price. I've had to tell more than one person that they should make a counter offer.

You never know. Someone may take the offer.

Truth. Being fairly new I was haggling for a Wu stick for my monk. I had taken everything I could sell up to that point such as bone chips, pelts etc and saved enough for one if it was being sold on the low end.

Turned out that not only did I negotiate a cheaper price for it, but when the person and I got to talking and they found out I was new they handed over a some other monk items along with the stick during the trade. Which was very cool of them, and really helped me cement my monk as my main from that point out. It's tough to gear up at the start but if you negotiate and don't beg people will surprise you, and help those that help themselves.

[NizmerThafen]

Originally Posted by Woahnelly [You must be logged in to view images. Log in or Register.]

Are the wiki prices really that far off? I've been using recent transactions as a rough guide for buying, but the sellers look at me like I'm insane when I make an offer. I understand that there has been some inflation, but 30-50%?! Is the economy really that shitty?

Over all the item prices are stable or move up and down in a way that does accurately reflect supply and demand. As the server shifts mostly to high-levels (50+) the demand for the best droppable loot goes up extremely high as well, therefore the prices on End-game loot reflects that demand. Is it annoying? Yes.

Shaman prices for high end loot / spell is by far the worst. Why? Shamans are over powered and easy to level so people make a lot of shamans. High demand.

[Sularus Oth Mithas]

Originally Posted by NizmerThafen [You must be logged in to view images. Log in or Register.]

Over all the item prices are stable or move up and down in a way that does accurately reflect supply and demand. As the server shifts mostly to high-levels (50+) the demand for the best droppable loot goes up extremely high as well, therefore the prices on Eng-game loot reflects that demand. Is it annoying? Yes.

Shaman prices for high end loot / spell is by far the worst. Why? Shamans are over powered and easy to level so people make a lot of shamans. High demand.

Sad but true. As a new player I shelved my shaman when I saw the prices of JBB and Torpor. There is no way as a new player I am going to amass that amount of cash and if I did those wouldn't be the things I would spend it on.