Wednesday, April 7, 2010

Making gold passively

I will be the first to admit that I make a lot of gold from inscription. However, that takes work. I dislike gathering professions, and to me, inscription is only a small step above a gathering profession. When all the milling, crafting, purchasing of inks and parchments, cancelling of auctions, mail collection, and glyph posting is done, I feel like I've just finished farming the auction house.

The reason I don't like gathering professions, and that I hold a grudge against inscription, is that the amount of gold you make from these professions is linked to the amount of time you are willing to spend on that activity. I prefer to locate items that I can craft and sell for a profit, create a small stockpile of these items, and send them to a character who exists solely to post auctions.

I then configure Quick Auctions 3 to post one of these items on the auction house when the market price is within the price range I specify. This allows me to log into this character for one minute twice a day, collect my mail, open the auction house, press "Post", and log off once my auctions have finished posting.

Items I have had success with using this method include: Titanium Weapon Chain, Titanium Shield Spike, Titanium Plating, Iron-Bound Tome, Faces of Doom, Scroll of Enchant Weapon - Crusader, Runescroll of Fortitude (posting one stack of 20 at a time), Eternal Belt Buckle (posting five single auctions at a time), and all of the enchanting rods.

These items may not sell often, but when they do it's typically for a high profit margin. Once I have made the initial investment to obtain the recipe on one of my characters and set up Quick Auctions 3, gold from these items flows in even if my play time is extremely limited some days.

2 comments:

  1. I then configure Quick Auctions 3 to post one of these items on the auction house when the market price is within the price range I specify.


    How do you do this, if the market price is too low it just posts at fallback, how do i keep it from posting if the market price is too low. Like say I post glyphs and a glyph is at like 1g, my threshold is set to 5g and my fallback is set to 45g, so QA posts it at fallback of 45, but i dont want this, i want it to refrain from posting the glyph because it pointless. How do I do that?

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  2. Ryan, I think your problem is the auto fallback setting. Click on the group you want to not post unless the price is between your threshold and your fallback, and go to the auction settings tab. Scroll all the way to the bottom, where it says fallbacks. Make sure that "override auto fallback" is checked and that "enable auto fallback" is not checked.

    Or, if you want to change the default group settings, you could leave "override auto fallback" unchecked in the group settings and instead go to the general auction settings (on the left, at the top) and uncheck "override auto fallback".

    Good question, I hope this helps!

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