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EVE New Citizens Q&A

 
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Question about selling stuff
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Maggie Ichijou
Science and Trade Institute
Caldari State
#1 - 2011-11-05 19:50:28 UTC  |  Edited by: Maggie Ichijou
First, I do not like these forums. I pressed submit and lost all my data. This is my second attempt at posting this thread.

My first attempt at the market to sell my mission loot ended up in frustration. Almost all the items I put up were undercut by a fraction of an isk within the first minute after posting. I tried to beat them by a few percent, but they were quite persistent. I ended up reprocessing the loot and selling the minerals to buy orders. Is there a game mechanic that allows you to undercut automatically? Or are these people literally refreshing their computer every minute or so to get the top slot?

Are there any tips for a person who just wants to sell their stuff? (I do not like buy orders; the current buy orders for the items are lowballing at half the sell order price.) I'm thinking of just making a sell order at halfway the buy/sell order just so if they beat me, they lose a significant profit.

Any help would be appreciated, thank you.
Wadaya
Trailerpark Industries
#2 - 2011-11-05 20:04:27 UTC
As a general rule with mission loot, any type of T1 mod I would reprocess. The higher meta level stuff you can hold onto to transport to a major hub like Amarr, Rens, Jita at a later time. There are no T1 mods that are worth more than the minerals it takes to make them.

As far as the meta stuff when you get to a trade hub, if you can sell it for more than the minerals you would get reprocessing it, than by all means, sell it. If not, reprocess that too. After awhile you will get to know which meta mods are worth selling and those that aren't.

The low ball buy orders you see for the T1 mods are there specifically to make money off of people that are lazy or don't know the value of things.
Abdiel Kavash
Deep Core Mining Inc.
Caldari State
#3 - 2011-11-05 22:49:01 UTC  |  Edited by: Abdiel Kavash
Maggie Ichijou wrote:
Or are these people literally refreshing their computer every minute or so to get the top slot?


Generally not. But you get the same effect from a hundred of people each refreshing their orders once an hour. Or a thousand people if you happen to be selling in Jita.

Generally, in trade hubs, the difference between buy and sell orders is so small, that it's just not worth setting up a sell order and waiting for hours for it to sell, just to get an extra 50k ISK. You would make more ISK in the same time if you just ran another mission.
Salah Loveless
Deep Space Exploration and Settlement INC
#4 - 2011-11-06 06:16:08 UTC
Sell in off stations that you can charge higher prices, look for those that have agents and sell based on their lv. So if LV2 security sell cruiser parts and amy most players will pay 10-15% more to refit rather than go around and waste time travling to other stations. Look for off beaten areas. I sell drones in systems NEXT to the main mission agent hubs, cause when someone docks to restore their shields and their drones went pop they will bay alot more to get back in there than travel 1 jump over to the main hub (I did this noticing that when I missioned their I could never find drones myself!)

Also they undercut you... so what? Set you price and drive on. Profit and riches come to those that have patients you can make orders last for 3 months. I get undercut all the time I never drop my price and always sell my items. Might be a few hours might be a few weeks but if you have patiance you will see a greater profit than trying to undercut everyone in the EvE universe.

Know your area. PVP Items close to where players stage to enter lowsec especially ships (if you get into manufacturing) Like mission items for like mission agents as mentioned above. Players are lazy use that to your advanage.
Salpad
Carebears with Attitude
#5 - 2011-11-06 08:27:25 UTC
Abdiel Kavash wrote:
Generally, in trade hubs, the difference between buy and sell orders is so small, that it's just not worth setting up a sell order and waiting for hours for it to sell, just to get an extra 50k ISK. You would make more ISK in the same time if you just ran another mission.


Often for meta4 stuff, which I sell, the price diference is 10% or even 15% or 20%, between Buy Orders and Sell Orders. Surprisingly, the same is sometimes the case for T2 stuff. In Jita. If you don't really need the cash urgently, set up a Sell Order and wait a week or so. I've find it useful to occasionally sort my Sell Orders (in Wallet) according to date/age, and if something has been sititing there for 20-30 days and not sold, I look into it, and modify the price.
malaire
#6 - 2011-11-06 08:39:13 UTC
When I did missions, I collected loot from several missions and then used industrial to move them all to nearest trade hub. There I sold all which gave 20k ISK per item or more to buy orders and reprocessed rest, selling minerals to buy orders.

Maggie Ichijou wrote:
Is there a game mechanic that allows you to undercut automatically? Or are these people literally refreshing their computer every minute or so to get the top slot?

Using external application it is possible (and legal) to get automatic notifications when you need to update your orders, but actual updating needs to be done manually. (Any "bots" which allow you to update orders automatically would be against EULA.)

Maggie Ichijou wrote:
Are there any tips for a person who just wants to sell their stuff? (I do not like buy orders; the current buy orders for the items are lowballing at half the sell order price.) I'm thinking of just making a sell order at halfway the buy/sell order just so if they beat me, they lose a significant profit.

That halfway-tactic should also work nicely. Even if someone does make better sell order, it should not take long for his and yours sell orders to get sold.

I didn't use that since it would take more time than just selling directly (and time is money), and also I didn't have enough order slots for all the loot I had.

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Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#7 - 2011-11-06 14:04:06 UTC
Selling in bulk helps.

People don't like having to fly between 6 stations to buy a gun at each, just to save 100k per gun. At least, sell in a station that has other sell orders of the same thing. You don't need to beat their price, if the sell orders below have less than the number that people would normally buy.

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Wyke Mossari
Staner Industries
#8 - 2011-11-06 15:07:02 UTC  |  Edited by: Wyke Mossari
As very rough rule of thumb. If there is a massive spread between buy and sell orders it typically means there is little or no real demand, recycle. This typically means most T1 and low meta named stuff. If the spread is narrow (<20%) there is demand and you can sell to buys or price at the mid point for quick sale.

The alternative is to use a tool for more rigorous approach, the simplest is probably

http://eve.nikr.net/jeveasset/
Maggie Ichijou
Science and Trade Institute
Caldari State
#9 - 2011-11-08 01:17:38 UTC
Thank you for all the replies. The tips were very useful. "Always take into account player laziness". I'm guilty of that myself.

So if I set my price and leave it for all 3 months, what happens if it doesn't sell at all? Do I get back my broker fee? I suppose that's why all those trade skills allow for thousands of orders. It makes more sense now! It makes me want to be a traderBig smile. I suppose I need to keep missioning so I can lower the faction fee for selling orders?

Any further advice for this new hybrid trader/missioner would be greatly appreciatedBig smile
Xercodo
Cruor Angelicus
#10 - 2011-11-08 02:18:51 UTC
If you don't sell you get your items back but not the broker fees. In market and contracts broker fees are non-refundable but escrow is.

The Drake is a Lie