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EVE New Citizens Q&A

 
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Contracts
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Vindikator
Greater and Better corp inc.
#1 - 2016-10-12 20:59:26 UTC
Hello,

could not find detailed information anywhere, so I will ask here P. Is private contract (items exchange) best way to buy and sell multiple items or there are other more optimal ways (between separate peeps, not my own alts)? What are fees for such contract (lets say I am buying multiple ships for 3-4 bil). Who will pay this fee? One who creates contract? Can contract creator be any part - seller and buyer?

Sorry for bad inglese.
ergherhdfgh
Imperial Academy
Amarr Empire
#2 - 2016-10-12 21:38:55 UTC
words like "best" and "optimal" are extremely subjective. No one can really answer those questions for you but you.

That being said contracts are a means for players to be able to conduct business between each other in a binding way. Very similar to contracts in real life.

You can create contracts to sell items as well as to buy items. You can also accept contracts with items for sale or from people looking to buy. There is also such a thing as courier contracts were you can hire someone to move goods for you.

Some of the typical ways that you will see contracts used:

You will see people grouping items together to sell for various reasons. Some people have a fully fitted ship that they want to sell without having to travel to the destination and break everything down. Sometimes people sell large amounts of mission loot that they would rather not process.

You will see people selling rare or expensive ships or modules through contracts because they can be seen game wide instead of just regional like the markets are.

You will see people selling researched BPOs and BPCs on contracts because they can not be sold on the market.

Some corps / alliances will put free doctrine ships up on contracts available to anyone in the alliance for CTAs.

Contracts can be used in many different ways. However if you plan on putting up a buy order for a bunch of specific items it might not get filled. You can try to sell whatever you want and if the price is right it will move. There are always people surfing contracts looking for deal on stuff. But large buy orders that require someone to run around and collect a whole bunch of stuff are not likely to get filled unless you prearrange something with someone.

As far as the costs associated with them, I'm sorry but I'm not much help there.

Want to talk? Join Cara's channel in game: House Forelli
Memphis Baas
#3 - 2016-10-13 03:35:47 UTC  |  Edited by: Memphis Baas
Vindikator wrote:
Is private contract (items exchange) best way to buy and sell multiple items?


PRIVATE contracts are for exchanging items with people you know, typically your alts.

If you want to SELL things to the public at large, you should use PUBLIC contracts (you don't specify a name, anyone can buy through your contract).

Typically, item exchange is used, although you can also try an auction contract. Item exchange is very yes/no; people will take your contract if they like the price, or will ignore it until it expires. Auction lets you start with a lower bid and figure out what people are willing to offer for your stuff, but it takes longer to sell the items.

If you BUY via contracts, be aware that there are many ways to scam.

Contract creator pays fees.

You can use contracts to sell, or to buy.

If you create a contract, you can't also fulfill it; you can't trade with yourself. Anyone else can, including your alts. You, however, don't have the option to trade with the contract; you only have the option to cancel the contract (and get your stuff back).
Vindikator
Greater and Better corp inc.
#4 - 2016-10-13 06:19:12 UTC
Thank you for answers, but maybe I was not clear enough. Sample from real life Lol. Yesterday in open marked I bought multiple ships and I could see that my "buy" orders were fulfilled by same person. So I have an idea to contact him and offer my services as his "market agent". I would buy his produced ships in bulk, maybe offer better price than in market and save sell fees to him (if someone would clarify what fees are for contracts, maybe they are even higher). Or private contract can not used like this?

I should ask about this in marked forum, but my new alt can not post there. And I would like to keep anonymous. Maybe kind moderator could move this topic to market sub-forum?
Do Little
Bluenose Trading
#5 - 2016-10-13 08:40:32 UTC  |  Edited by: Do Little
Buy and sell orders on the market are subject to brokerage fees and taxes. With maximum skill and standing CCP will skim 3% from every transaction in an NPC station. For sell orders, the seller pays both and for buy orders seller pays tax and buyer pays brokerage. Orders placed in Citadels work a bit differently - the owner sets the brokerage fee, CCP still collects the taxes (called transaction fee).

Contracts are more complicated but will generally be less expensive. A private contract will have a brokerage fee of 10K ISK and no tax. A public contract will have a refundable deposit of 1% and brokerage fee of roughly .5% when you create the contract and taxes of .5% when it sells. The brokerage fee is not refundable. From my journal:

2016.10.12 21:47:51 Contract Sales Tax -80,000 ISK Contract Sales Tax
2016.10.12 21:47:51 Contract Deposit Refund 160,000 ISK Deposit refunded for completion of a contract
2016.10.12 21:47:51 Contract Price Payment (corp) 16,000,000 ISK Price for accepting a contract authorized by ...
2016.10.12 06:43:53 Contract Deposit -160,000 ISK Contract Deposit
2016.10.12 06:43:53 Contract Brokers Fee -79,200 ISK Contract Broker's Fee

I'm not sure if Accounting and Broker Relations skills affect contracts or if things work the same way in Citadels - your results may vary!

Hope this helps.
ergherhdfgh
Imperial Academy
Amarr Empire
#6 - 2016-10-13 21:43:42 UTC
Vindikator wrote:
Thank you for answers, but maybe I was not clear enough. Sample from real life Lol. Yesterday in open marked I bought multiple ships and I could see that my "buy" orders were fulfilled by same person. So I have an idea to contact him and offer my services as his "market agent". I would buy his produced ships in bulk, maybe offer better price than in market and save sell fees to him (if someone would clarify what fees are for contracts, maybe they are even higher). Or private contract can not used like this?

This game attempts to mimic the real life business world as much as possible. The contract system is there to facilitate business transactions between interested parties. What you can do with contracts is pretty much limited only by your imagination. If you can come up with a business model and make it work then it works. It makes no difference if anyone else has done it before or not.

You certainly can contact anyone and offer to do business with them. If he accepts or not will depend on if he is interested and / or if you guys can agree on terms. No different than contracting in the real world.

Want to talk? Join Cara's channel in game: House Forelli
Memphis Baas
#7 - 2016-10-13 23:07:26 UTC
You probably sold those ships too cheap.

When you contact him, he'll likely try to scam you.

There's no reason for a stranger to offer to become a "market agent", when the market is available to everyone and offers full control over prices.

How are you going to make profit? Why would he let you make the profit, when he can make that profit himself?
ergherhdfgh
Imperial Academy
Amarr Empire
#8 - 2016-10-14 01:03:02 UTC
Memphis Baas wrote:
You probably sold those ships too cheap.

When you contact him, he'll likely try to scam you.

There's no reason for a stranger to offer to become a "market agent", when the market is available to everyone and offers full control over prices.

How are you going to make profit? Why would he let you make the profit, when he can make that profit himself?

I've seen this kind of thing happen before. One guy just wants to build ships and make some isk and another guy likes playing the market.

Prices fluctuate and it is not uncommon to build ships only to find that the going rate has dropped to or below your build cost by the time the ships come out of production. There are builders that are willing to take low margin, guaranteed, high volume sales over playing the market for a potential higher return. Especially when you consider all the babysitting of orders that needs to be done at trade hubs.

This would be especially true of a group that is building in null and looking to sell in high sec trade hubs. They may not want to sit in the trade hub all day and play the 0.01 isk game all day. They often will jump at the chance to make a quick buck and get back to null faster.

However this is all just speculation and I stick by my original comment that if the OP can work out a deal that works for everyone then that is just good business be it in the real world or in a game with internet space ships and interstellar kredits.

Want to talk? Join Cara's channel in game: House Forelli
Major Trant
Brutor Tribe
Minmatar Republic
#9 - 2016-10-14 09:26:09 UTC  |  Edited by: Major Trant
Memphis Baas wrote:
You probably sold those ships too cheap.

When you contact him, he'll likely try to scam you.

There's no reason for a stranger to offer to become a "market agent", when the market is available to everyone and offers full control over prices.

How are you going to make profit? Why would he let you make the profit, when he can make that profit himself?

You didn't read the OP correctly. The OP is BUYING ships. He put up a bunch of Buy orders and noted that one person unloaded on all of them. So now the OP wants to buy other ships from the same guy offering a slightly better price than the top buy order and then presumably re-sell them on sell orders. Ship producer gets a slightly better price, the OP market trader char gets his 'buy' orders satisfied quicker with lower NPC fees.
__________________

OP - perfectly reasonably idea. Obviously contact the ship producer first and get his agreement, but if he does agree, then yes a Private Contract is the way to go. Fee is a flat 10,000 Isk for a private contract. The person who sets up the contract pays the fee, but either party can do this - ie you can set up a contract to sell 10M Isk for a specific ship.

To clarify other replies - 'Collateral' relates to Courier contracts and 'Deposit' relates to Public contracts. Neither of these fees are payable for a Private contract.

Edit: Note that if you do set up a contract to buy a ship, that the ship will have to be delivered to the station where you set up the contract. Contracts don't magically move ships around. So if you want the ship delivered to say Jita, you have to go to Jita and set up the contract or have the skills (if they exist) to remotely place the contract at Jita.