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Reply Fish Market - Sell Your Unwanted Aquarium Items
A Guide to Selling and Auctions

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TOHTO_Mule
Crew

PostPosted: Sat Jul 04, 2009 11:41 am


Original guide by: Violet_Rampage
Edited by: xXxLOLAxXx_star
PostPosted: Sat Jul 04, 2009 11:45 am


Definitions:


Auction: A bid on an item for which the highest bidder in the time slot usually wins the sought after item.

Upgrade/Increment: In Auctions, this means an automatic increase of a specified amount before the bid will be accepted.

TOHTO_Mule
Crew


TOHTO_Mule
Crew

PostPosted: Sat Jul 04, 2009 12:03 pm


The Sale


Step By Step

Step 1, The Item:
Well first an item is needed right? Can't sell anything unless there is an actual item.
ex) Hermit Cat

Chose your item(s) carefully after doing research on market value and popularity.

Step 2, How to Sell:

In Auctions, usually a time limit is placed, such as
ex) "From July 5 12:00 Gaia Time to July 10 11:59Pm Gaia Time"

There is also a starting bid price, or the lowest accepted bid by the seller.
ex) "Starting bid: 1000g"

Sometimes there is a required bid upgrade/Increment. This is to keep some people from just bidding up to the next 1 gold.
ex) "starting bid 1000g, upgrade/Increment of: 25g

In an Inventory Sale users may just post a screen cap or list of a large number of items they want to sell. Users are required to post offers on one or more items.

Step 3, The setup
A general auction setup:

Object selling
Starting bid price: xxxg
(optional) bid increment: xxxg
Time limit
other options other than gold willing to trade for/with


So with the examples given it should look something like this:
Hermit Cat
Starting bid: 1000g
Bid increment: 25g
Tme allotted: July 5 12:00AM Gaia Time to July 10 11:59PM Gaia Time
other trade items: pm me and we'll haggle


Step 4, The Waiting Game

Sometimes it takes a while for someone to buy your items. Try to be patient and remember the you can only bump if your post falls off the first page.

Purchase Options:

1. Pure or gold: Users give a specific amount of gold for the purchased item. Amount is decided by both parties and agreed on.

2. Item trade: If a user is selling an item they may be seeking another item. These can be posted in the first post.

Sometimes if people do not have/want to spend the full value of an that is being sold, they will offer other items of similar value of the object being sold. These maybe accepted or rejected by the seller.

3. A combination: Sometimes gold and items are exchanged. It would be best to specify if you are okay with getting items or if you would like gold/pure only.

---------------

A Note from the creator: I (Violet_Rampage) don't recommend selling for items because there are many possible scams related to this. The "buyer" will say they have a value object (Alurna's Rose for example) and wish to trade for another object (Watermeat for example) and when you go to trade they don't actually have the object or it is a look alike and not worth anything.

Items promised may also suddenly drops in value in the marketplace for meaning that you may not be able to resell the item or you will be out gold.

Of course you can still do this method if you wish, it's just not recommended by myself (Violet_Rampage), the guild does allow such sales but takes no responsibility for gold lost on either side. Vendors, please use with caution and research the appraised value of such objects when trading.
PostPosted: Sat Jul 04, 2009 12:04 pm


BIDDING

Bid: an offered amount in which the buyer is willing to pay for a specified object.

Of course the object needs to be stated on what the bidding is for, so as to avoid confusion to what the bid is for:
ex) Hermit Cat

then the offered amount at the next Bid Increment level:
ex) 1025g

that is basically it.
nothing really fancy there.

The Setup
Hermit Cat
my bid: 1025g


and if there is a bid already on an object then all you have to do is quote the person from before and state your new bid.

Quote:
Hermit Cat
my bid: 1025g

My Bid: 1050g

there you go. not so hard now is it?

TOHTO_Mule
Crew

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Fish Market - Sell Your Unwanted Aquarium Items

 
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