Please note that as far as pricing and specific sale prices are concerned. Almost all of that depends ENTIRELY on the server as well as the population of Horde and/or Alliance. I used to be on a low population server, Scilla. And that is what I information I initially wrote this guide upon. Now however, I'm on a high population server which mostly consists of Horde and adjusting accordingly. Prices on my server are going to be higher in some cases because less supply, more demand, etc. Or less demand more supply which equals lower prices. It all depends. And most prices fluctuate like that. So with that disclaimer in mind, let's move on!
Requirements:
- A level 110 (or a 100) decently geared (800 ish).
- A basic knowledge of the cities, classes, auctioneers/vendors, etc.
- A reasonably developed Garrison. (Level 2 mines, herb,
- A class that can get around easily. (I use a mage with portals)
- 2,000-5,000 for the basics.
- A banker a.k.a a level ten in a capital city. (I personally use my level 110, but I would recommend a lower level)
- A good skill in math (Joking, but you need to know percentages, problems, etc ;D)
- Two hours or so on the weekdays and three or four on the weekends.
- WoW-World of Warcraft
- LK-Lich King
- Cata-Cataclysm
- MoP-Mists of Pandaria
- WoD-Warlords of Draenor
- WTS-Want to sell
- WTB-Want to buy
- AH-Auction house
- LW-Leatherworking
- BS-Blacksmith
Servers
In my time, I have been on a PVP server, a Normal server, a low pop server, and a high pop server. At the time I joined New Player servers were not a thing. Every server has a different economy, different players, and different everything pretty much. It's important to know the difference because the techniques in this guide are different depending on the server type.High Population
High population servers are Moonguard, Blackrock, Area 52, Illidan, Proudmoore, Stormrage, Zu'jin, and Tichondrius. I'm on Area 52, which is mainly Horde populated. On a higher population server, gear has a 90% chance it's not going to sell. That's just a fact. Even x-mog. Only the rarest x-mog will even have a chance of selling. This is just because of the sheer number of people. Imagine, a 1.86% drop chance. With 5 alts that doesn't seem that likely, right? What about a few thousand? That's a low pop server. What about a few ten-thousand? That's a high pop server. The odds are significantly higher and therefore a "Rare" item won't necessarily be as rare. Materials, herbs, veggies, and bags, sell extremely well. Mainly because of the higher amount of people that need them.
Low Population
Low population servers take up most of the servers. They are both easier and harder to sell stuff on. Things like specialty mounts, pets, etc won't sell as well. Or they won't sell as fast/for a higher price. On the other hand, gear does sell extremely well. Transmog and other gear. Materials do sell as well. Just note, stuff doesn't sell as fast. Things do sell, but you have to have patience.
PVP
I was personally on a PVP server. It's scary, frightening, and causes extreme paranoia. Honestly, if you can manage to farm instances and common farming spots without having a 7,000g repair bill, I applaud you. Alliance and Horde are always ganking each other. If you're a low level character, pray for your existence. If you're high level, NEVER dismount for more time than you can avoid. With all of this hassle in mind, prices will be higher. Alchemists, Inscriptionists, Enchanters, and others will fare well. Mining and Herbalism will be worth more for the simple fact that dismounting to gather is usually a death sentence.
Normal
Normal servers are by far the easiest to exist on. No ganking, planking, or clanking. A.k.a no death, laughing at death, or screaming at death. They're pretty easy to get stuff on. Prices for normal servers always depend on the population but they won't be like PVP servers.
Others
I have never been on a Medium or Roleplaying server so I really can't judge those. New Player servers did not exist when I joined but they're rather like low pop servers.
Addons
Addons are one of the most important things about using the AH and life in WoW in general. They provide an easier time of posting your auctions and finding amazing deals. They're pretty easy to install. Keldesh wrote AddOns: How to Install and Maintainif you need help installing them.- Auctioneer is the best Addon I have. It does scans of the AH pages which can take about 1 hour to 1 1/2 hours on a high pop server and 15 to 45 minutes on a low pop server. Then you can search through the data that it collected and purchase the cheapest things. It really is a handy Addon to have even though it's older, in fact, it was just recently updated! Note that on low pop servers this Addon works amazing but on high pop servers I recommend the following Addon.
- TradeSkillMaster is another amazing Addon. I would go for all the modules since they all seem to be pretty helpful. Just note that some are out of date such as WoWuction which will cause several bugs. One of the best mods that catches my attention is this one: Accounting. It keeps track of all of your gold made within the time you first got the Addon and the current time. The other part of this that is awesome especially being on a high pop server is the auctioning mod. It makes posting a BREEZE. There are videos on YouTube to help you set this stuff up. I'll show a screenshot below at the end of this guide.
- MogIt seems odd in this section doesn't it? Well in this case it will be very helpful. MogIt shows what an item looks like when you mouse over it in your inventory which means you can identify what looks good. What that means is that if your item looks good then you'll get profit from it because it looks nice and people will be willing to pay more then usual.
- Ark-Inventory is a must have in my opinion. It is extremely helpful. It provides a different interface where your bags are all joined, it's much easier to use, you can sort things, and you can search for things. Though some people prefer Bagnon.
- GarrisonCommander is the best for making garrison routines as fast as possible.
- TheUndermineJournal works well with it's website and is a must have for easy pricing.
- TheUndermineJournal is the most amazing site for this. You first choose your server then you see the top sellers for your server that you chose and the servers connected to it. You can also view the auctions of anyone with auctions. It also shows the average prices of an item over time. You can search for an item using either its name or its ID number which can be found on Wowhead. It updates the information every hour or so. It's a great site if you need to look at something and all you have is your mobile device you can still see everything.
- WoWuction is another cool site. It's very similar to UndermineJournal but Wowuction had a special option to work with TradeSkillMaster but I don't use it. I definitely recommend just using UndermineJournal for beginners. WoWuction is used just as another reference point.
Auction House
The auction house is the main way to make gold. No it does not provide gold quickly but it does provides a steady stream of gold every day. The auction house is very helpful if you want to save up for something, want to hit the gold cap, or simply have something incredibly valuable in your bags and want to sell it for as much as possible. The original Auction House system was very annoying without addons to use at least in my opinion. With addons however, the AH interface becomes extremely simple making it easy to post, cancel and view your auctions. This section will be explaining the basics of how to use the AH and which addons I think are useful with the AH. Also it will cover some tips for getting started. Note that AH goes great parred with Farming and it's allot simpler getting started, so I will also be covering the subject of the AH in the Farming section.Auction House Basics
- First, create a character. For alliance I'd stick with a Human. For Horde you can do any except for Goblin. As long as they don't have separate questing areas (such as Worgen, Draeni, Goblins.) any choice should do.
- Next, either run or have a mage portal you to a major city. For Horde I recommend Thunder Bluff, Orgrimmar, or Old Dalaran. For Alliance just stick with Stormwind or Old Dalaran.
- Then transfer gold (200 at least) to your banker toon.
- Equip yourself with 4, 20 to 30 slot bags
- Equip yourself with four, 20-30 slot bags.
- Clear out your bags and bank as much as possible.
- Organize your bags extremely well.
- Transfer gold.
You can purchase a guild using gold. This is used to store materials, and anything else for later use. On your banker, these is extremely helpful but not at all necessary. A 7 slot guild bank is typically around 10k to 20k in gold. I wouldn't purchase one for any more than 18k to be honest. An 8 slot is too pricey to justify the cost (usually around 40k), just get a 7 slot. Even a 6 slot is helpful. Use trade chat. Sometimes you'll get lucky and the seller will sell it to you with stuff still in the bank!
This is the basic interface WITHOUT addons. No fancy tabs, or buttons, or anything. The buttons are quite self-explanatory. Drag an item from your inventory into the box and set the price and duration (48 hr) , then hit the create button. Very easy.
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