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So You Want To Sell A Wormhole? A Frequent Explorers Guide.

Author
Ivory Kantenu
Apotheosis.
#1 - 2012-04-27 05:09:27 UTC  |  Edited by: Ivory Kantenu
Please note, I have not been active in Wormhole Hunting since joining the CFC. However, I will soon be starting again. I do ask that you refrain from constant contacts, inquiring on Wormholes I have for sale. I always list my sales with Taggart / Sell Forums. Please check there first!

  • Notes

  • What exactly is it that you do?

    I'm a private Wormhole Explorer / Seller.

    Why would you do this?

    My EVE Income is made solely on finding vacant Wormholes, and selling them via Forums / Third Party postings.

    How much money can you make?

    Money will vary from Sale to Sale. Less desirable Wormholes / Fire sales will affect your average, but stumbling upon a good Wormhole Sale can net you a fair amount of isk.

    Is this easy Isk?

    No, this is actually very hard to earn isk. The odds of finding an unoccupied Wormhole are slim. The chances of finding one that might be worth selling? Even smaller. Again, I will go over this below.



    [**] Exploration Abound!


    What skill set is required for such a job?


    I started exploring for Wormholes on this character at around the 2 Million Skill point range. However, you can do it much lower marks.

    Recommended Starter Skills-


    • Cloaking III
    • (Racial) Frigate IV
    • Astrometrics IV
    • Astrometric Pinpointing III
    • Astrometric Acquisition III
    • Astrometric Rangefinding III


    With these basic skills, you can get yourself in a Tech I Frigate with a basic Probe Launcher and a cloak to use while immobile. Getting an Expanded / Faction Probe Launcher is highly recommended.

    Look to eventually move yourself up to a Cov Ops Frigate, or if you have the Isk to burn, a Tech III Strategic Cruiser with a Nullifier Subsystem. This way, you can safely elude bubbles on Gates / WH Tunnels, as well as remained cloaked at all times.


    [***] Actually Exploring Now!

    The first thing you need to do, is figure out where you want to go hunting for your Wormholes to sell. Theres a few things to keep in mind.

    Most Highsec Wormholes are taken.
    Most of which are also HEAVILY defended, as they experience visitors often.

    Lowsec Hunting brings Lowsec Risks. Gate camps, smart bombing ships, all hazards that are present in Lowsec will often haunt your search.

    Nullsec Wormholes are hard sales.
    Most Alliances living in Nulsec that own Wormholes with Nulsec Statics, have found them themselves. You may get an odd hit on a sale, but unless you find yourself a VERY good system, chances are you'll end with more heartbreak than triumph from attempted sales.



    [****] Verifying the Wormhole is Empty.


    Make sure you Bookmark the exit to the Wormhole. Always do this first. If the Wormhole turns out to be occupied, the quicker you can leave, the better. The only time this should not be done first is if there is a hostile fleet waiting for you at the entrance. In which case, uncloak and exit the Wormhole immediately. You should always be in transfer range of the wormhole upon entering.

    Use Directional Scan. This button is invaluable to you. Make sure your Overview is set to show Force Fields AND Sticks. If your overview is set all fancy-like and you don't want to fiddle with it, just have 'Use Active Overview Settings' unchecked.

    The easiest way to track down towers in a Wormhole is Combat Scanner Probes. Create a scanning filter that shows only Structures, and I start stick hunting. Once you locate one that is out of Directional Scan range, warp to the planets Customs Office at 100km. Not the planet. Note: If the Customs Office isn't NPC owned, there's always the chance the Wormhole is abandoned. Force Fields are what you are looking for.

    If the word Force Field even shows up on your D-Scan, get out. Save yourself the potential hassle of getting caught.

    Don't use Local Chat, you silly billy. Ever. Pretend it doesn't exist.



    [*****] My Wormhole is empty!!!!...Now what?


    Now, here comes the fun part. Pricing your Wormhole for sale.

    What should you factor into pricing?

    • Static Probables
    • Wormhole Effects
    • Number of Planets / Moons
    • Planetary Interaction Level
    • Class
    • Active Signatures


    The biggest things that will effect the sale of your Wormhole are Static, Class, and Planetary interaction.

    To find out these details, I recommend these sites:
    http://eveeye.com
    http://www.eveplanets.com/

    These two sites will tell you everything you need to know in a few punches of the Keyboard.

    Keeping in mind what I said earlier. Static High Wormholes are usually in high demand. However, most are very much taken, so they are quite hard to come by. Static Lows can be desired, but most starter Corps / Alliances may not be inclined to work the Logistical Headaches of moving Billions of isk of stuff through Lowsec. Static Nuls are very hard sales. Most will never sell. However, it can happen.

    Class 1-3 Wormholes are the most desired. 4-6 are harder Sales. 5-6 specifically being the hardest.

    Planetary interaction matters a lot to most Alliances. The more PI goods the Wormhole can produce, the easier the sale can be. Per example:
    This Wormhole has poor / average PI, and would be somewhat undesirable to most eyes.
    This Wormhole has relatively good PI. Some T4 Items, as well as the ability for the Corp / Alliance to get the items required to produce their own fuel within the Wormhole.

    Wormhole Effects will also effect your sales. Pulsar Wormholes are usually the highest desired. Black Hole effects are generally the lowest.

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Ivory Kantenu
    Apotheosis.
    #2 - 2012-04-27 05:15:50 UTC  |  Edited by: Ivory Kantenu
    And now, Pricing.

    Per example. This Wormhole here has Good PI. It has 5 planets, and 6 moons. However, since it is a Static Nul probable, it's value drops in the eyes of most potential buyers.

    As an experienced seller, I would expect such a Wormhole to net you in the neighborhood of 300-400M Isk.

    The general rule of thumb I personally follow is this:

    Class 1-3 : +100M
    Static High Probable: +100M
    Static Low Probable: +100M
    Static Nul Probable: +50M
    Poor PI: -100M
    Average PI: 0
    Good - Great PI - +100M / +200M

    This wormhole, on average, would be around 400-500M Isk.

    Extra probables in a Wormhole will add to value, such as bridges to other Class # wormholes. Wormhole effects should of course also be factored in. However, these are hard to factor, as one person might have a preference to say Pulsars, and another to Mag.

    Again. These are just guidelines. There is no set market for such a job. However, it can be highly profitable. And there will be days, weeks at a time where you find NOTHING worth selling.


    [*****] Final Thoughts

    Again, these are just basic layouts for anyone that may be considering Wormhole selling.

    Selling Wormholes is not for everyone. You can spend days, sometimes weeks at a time, trying to sell a Wormhole, even one that's really good in the eyes of most. You have to be patient, know what to look for, and be ready to give up when things don't seem to be going your way.

    When it comes down to the final sale, always use a Third Party Broker. The chances of anyone giving you the isk up front it astronomically low. Don't give ANY information on where you found the Wormhole until you are in the sale process. You're just going to lose your Wormhole / Isk. I personally use Taggart , however, there are many other third party services available.

    Feel free to leave comments and suggestions for changes / additions.

    Happy hunting!

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Joran Jackson
    The Red Circle Inc.
    Ministry of Inappropriate Footwork
    #3 - 2012-04-27 05:52:01 UTC
    Who buys these things?

    Is there a steady market for actually selling them? I can't imagine people just not caring enough to scan.
    Ashimat
    Clandestine Services
    #4 - 2012-04-27 06:06:47 UTC
    Joran Jackson wrote:
    Who buys these things?

    Is there a steady market for actually selling them? I can't imagine people just not caring enough to scan.

    I would probably not ever pay just for a empty WH, but I would imagine that there is a (small) market for specialist orders. Like, "find me a C4 pulsar with a static C2". Or maybe, find me two Starbridge systems ;)

    Got blog: http://thecloakedones.blogspot.com

    Daniel Plain
    Doomheim
    #5 - 2012-04-27 06:14:52 UTC
    Joran Jackson wrote:
    Who buys these things?

    Is there a steady market for actually selling them? I can't imagine people just not caring enough to scan.

    if i have the choice between searching for an appropriate hole for weeks or just paying a few hundred mil to get one, i just take the latter and let the extra income pay the bill.

    I should buy an Ishtar.

    discordigant
    Doomheim
    #6 - 2012-04-27 06:39:07 UTC
    Yeah i have bought three holes that i have lived in, and all the cost was recouped the day after moving in. Its meaningless and saves the hassle.
    Oxandrolone
    Interstellar Enterprise Inc.
    Collapsed Out.
    #7 - 2012-04-27 10:40:05 UTC
    interesting read, the other day i came across a totally empty c6 s c5 magnetar that was totally empty, i imagine this would be good for somewon just wanting to cap escalate?
    Jack Miton
    Perkone
    Caldari State
    #8 - 2012-04-27 11:13:07 UTC
    People who buy WHs have t be the laziest people in EVE.

    There is no Bob.

    Stuck In Here With Me:  http://sihwm.blogspot.com.au/

    Down the Pipe:  http://feeds.feedburner.com/CloakyScout

    Xanista
    OpSec.
    Wrong Hole.
    #9 - 2012-04-27 11:39:46 UTC  |  Edited by: Xanista
    Jack Miton wrote:
    People who buy WHs have t be the laziest people in EVE.


    I wouldn't say so. There are so many variables to wormholes, and people are often looking for specific types of wormholes, with certain statics, with certain effects. Finding that C3 Pulsar with a C4/HS static, unoccupied can take a long time even if you scan it yourself.


    ... Plus the money you make IN the wormhole is more than enough to cover the costs Lol
    Ivory Kantenu
    Apotheosis.
    #10 - 2012-04-27 13:23:00 UTC
    Joran Jackson wrote:
    Who buys these things?

    Is there a steady market for actually selling them? I can't imagine people just not caring enough to scan.


    There is a steady buyers market (Check the Want Ads and Trades Forum), however, the sellers market is slim, seeing as, like I said, good unoccupied Wormholes are hard to find.

    This is not an easy money profession. I've had dry spells weeks at a time. It's quite often that I will actually run into Previous wormholes I've sold / found before in Lowsec. Seems odd, but It's just how the cards fall sometimes.

    To give you an idea of how far I'm personally willing to go for exploration, this is my map. Keep in mind, this is a 4 month old Character.

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Fr00b Snap
    Sebiestor Tribe
    Minmatar Republic
    #11 - 2012-04-27 13:37:29 UTC
    Good read, was looking for something like that. But how do you actually sell wormhole? Lets say you found empty hole that you want to sell, so next you write ad on forum etc Meanwhile are you just sitting in this wormhole or create alt for that or a lot of alts to be placeholders for all holes you find? And maybe can you give little bit more info which is good and which is bad PI?
    Ivory Kantenu
    Apotheosis.
    #12 - 2012-04-27 13:48:11 UTC
    Fr00b Snap wrote:
    Good read, was looking for something like that. But how do you actually sell wormhole? Lets say you found empty hole that you want to sell, so next you write ad on forum etc Meanwhile are you just sitting in this wormhole or create alt for that or a lot of alts to be placeholders for all holes you find? And maybe can you give little bit more info which is good and which is bad PI?


    This character sits in the Wormhole and waits for a buyer. I do have a main, however, this alt is my primary source of Income.

    The most I'll usually wait for is a week to sell the Wormhole. However if it's a really good system, I'll hold out for the sale.

    Here's what one of my sale threads typically look like.

    In terms of what is good and bad PI, you have to look at what a system can produce. Any system that produces little T3 Items and no T4 items is considered to be more or less a bad system for PI. Granted, T2 items do sell well, however only in large quantities. Whereas T3 and T4 items sell in high amounts, but require a bit more work to shell out.

    Again this is all in the eyes of the buyer. Having this basic know how going into it, though, is one of the most valuable things I can provide for you guys.

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Invictra Atreides
    Toward the Terra
    #13 - 2012-04-27 13:49:07 UTC
    1-2 years ago I would also say that selling WHs is a fools trade, but today where most WHs(Higsec Static) are taken, it's a good trade.

    How long would it take to find a C1 with HS static? Paying 500+ mill compared to the time investment is pocket money.

    BlogTutorials | Youtube "I don’t know everything, I just know what I know."

    Sidrun
    Life sucks then you die Ltd.
    #14 - 2012-04-27 15:52:38 UTC
    Jack Miton wrote:
    People who buy WHs have t be the laziest people in EVE.


    Not wanting to spend possibly weeks, trying to find the right wormhole, is hardly lazy. It's called smart. Think with your brain, not your brawn.
    Longinius Spear
    Semper Ubi Sub Ubi
    #15 - 2012-04-27 15:56:54 UTC
    Jack Miton wrote:
    People who buy WHs have t be the laziest people in EVE.


    not true..just because I don't change my own oil doesn't mean i'm lazy..I have enough money and too little free time to do it myself.. .. some people just have enought money to not want to search for the hole they want, makes finacial sense really.

    Read more of my ramblings on my blog www.invadingyourhole.blogspot.com

    Stealthgogi
    Sebiestor Tribe
    Minmatar Republic
    #16 - 2012-04-27 16:04:49 UTC
    Free bump for quite a piece of work, Ivory. Nicely done.

    _**retired Entrepreneur, [i][b]Senior Taggart Broker, **_former CEO and director of HR[/b][/i]

    Ivory Kantenu
    Apotheosis.
    #17 - 2012-04-27 18:39:15 UTC
    Stealthgogi wrote:
    Free bump for quite a piece of work, Ivory. Nicely done.


    Thank you, Stealth. It's always a pleasure working with you and your crew. :)

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Balcony Jumper
    Caldari Provisions
    Caldari State
    #18 - 2012-04-27 20:51:08 UTC
    Ivory your name looks familiar. Are you the one I shot at in low sec last night?

    Someone in a cov ops... I wanted to see if I could take them out with torps and the station guns got me real quick.
    Ivory Kantenu
    Apotheosis.
    #19 - 2012-04-27 21:04:45 UTC
    Balcony Jumper wrote:
    Ivory your name looks familiar. Are you the one I shot at in low sec last night?

    Someone in a cov ops... I wanted to see if I could take them out with torps and the station guns got me real quick.


    Not me. I haven't been running around much until today. I've actually been parked in my Alliance Wormhole for a few weeks.

    [i]Learn the basics of Wormhole Selling: https://forums.eveonline.com/default.aspx?g=posts&t=101693&find=unread[/i]

    Arkata
    Taggart Transdimensional
    Virtue of Selfishness
    #20 - 2012-04-28 01:16:31 UTC
    As a Taggart WH Broker,I've safely facilitated approximately 20B in wormhole sales. This is definitely the goto topic for anyone interested in the business. Fantastic job Ivory!
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