TSM Selling Guide - Play the Auction House in WoW - YouTube

Channel: Hazelnuttygames

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Hi!
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I'm Hazel, and this is everything you need to know about selling things with TradeSkillMaster.
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In the basic guide which I've linked in the description, I walked you through Creating
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a Group, adding an item to it, adding a post operation, and posting.
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This video assumes you know all that, so go catch up now if you need to.
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In this video we're going to get into the nitty gritty of selling.
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I'll talk more about Price Sources, different types of groups, cancel scans, Reset Scans,
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and Quick Posting.
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(Wave/dance) All of this is going to help you create and
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tweak your own Auctioning Operations.
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A quick note before we start that you can import settings of someone else's Operation
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if they give you a string, much like importing a WeakAura.
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Like weakauras, only do this if you trust the source!
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I think it's still important to understand how to set and tweak your own prices, so we're
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going to get into that now.
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PRICE SOURCES The big strength of TSM is that it can price
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your items by a set of variables and rules, instead of you having to decide on each price
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individually.
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Exactly what those rules are is up to you.
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Keep in mind that when TSM posts an item, it's always going to try to undercut what's
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already up on the Auction House.
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All we're doing here is setting a ceiling and floor for how drastic we'll allow the
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price to go, and picking a normal price to post at when there are none up for sale.
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Price Sources are the building blocks of your Min, Max and Normal price rules found at the
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bottom of the Post tab on an Auctioning operation.
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Right now, my Min price is dictated by a percentage of the Vendor price of that item.
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My normal and max prices are based off of the market price.
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Those are only two of a big list of variables you can use in your prices!
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For more, type /tsm sources and it'll print a nice list to your chat box.
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Price sources aren't case sensitive, but like a macro they do need to be spelled perfectly
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so having a reference is really nice.
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Throwing in spaces where they don't belong will give you an invalid price error, so double
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check.
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While you can use a flat gold amount for your price source, I don't recommend using one
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on it's own because that greatly limits what you can put in that group.
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If Highmountain Salmon are selling for twice what you can get for Stormrays, you don't
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wanna be posting both for 12 gold.
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You probably don't want to be doing that anyways, because the market evolves and prices change
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all the time.
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What you choose for your price sources is going to depend on whether you want your prices
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for that group to be aggressive or careful.
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High demand consumables and crafting mats tend to sell really quickly, so you can be
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pretty careful with your price rules for those.
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As long as the price is fair they'll sell, so you want to get what they're worth.
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If somebody undercuts you by a lot on some herbs, they'll probably get bought out fast
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enough that yours will still sell before your auction expires.
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Call it stick-to-your-guns pricing.
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For low demand items with high deposits such as BOE green gear, I like aggressive prices.
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These use a low minimum with sources like Vendorsell, Destroy or matPrice for crafted
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goods.
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You don't want to sell them at a loss, but it's okay to be below market as long as it
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sells.
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Every time you have to re-list, you're out your deposit so moving inventory is key.
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On that note, you can set Max Expires so that if an item's just not selling after a few
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tries you can give up and vendor it.
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I recommend starting with one Auctioning Operation set up as Aggressive, and a second one set
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up as Careful.
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Those will get you started, and you can use them as a template when you're making more
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specific Auctioning Ops for each group of items.
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Now that we've got a feel for pricing styles and some examples of how to use sources, let's
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get even more specific.
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You can mix and match price sources in a couple of ways using basic Math modifiers.
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My favourite is using a % of a source by writing out X% SOURCENAME.
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An example is 110% DBMarket, which is 10% above Market Value.
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You can combine two price sources together with simple addition or subtraction symbols.
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For example, you could have Vendorsell + 5g or Vendorsell + matprice.
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A *X will add a multiplier, while a forward slash will divide.
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An example of that is a Max price for a Crafted gear piece could be (dbmarket + matprice)
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* 3.
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If you want to get even fancier with custom prices, I recommend visiting TradeSkillMaster's
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page on them, which I've linked underneath the video.
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For average users, setting up your prices as a percentage of market price with DBMarket
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will do you just fine.
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If all of this price talk is intimidating you out of wanting to try, just remember that
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you only have to set things up once.
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After you've picked your prices for one or two types of selling, you're good.
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GROUPS In the intro video, we were selling stuff
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with one big mega-group.
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That's fine to learn with, but we're growing up now so it's time for more specific groups.
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You'll want these set up for Mailing and Shopping anyways, so now's as good a time as any.
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The golden idea here is to group things together that you want to sell by the same rules.
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You can make your groups as specific or vague as you like.
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The important things is that the Auctioning Op you pick for each group matches the type
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of stuff in it.
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Having specialized groups for different categories of items lets you price things tighter.
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Once you've added an item to a group, it's in that group until you delete it and Items
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cannot belong to more than one group at a time.
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You can import groups from other users just like with operations to save some of the legwork
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of adding items.
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Let's go over some examples of groups you could use.
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Personally, I like to put all BOE green gear in one group.
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I use my Aggressive Post Operation to move the items without paying the listing fee too
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many times.
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You could also split your BOE's into more groups- you could have Raid BOEs, Transmog,
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and then Low demand as different groups with their own Auctioning operations.
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If you like to sell materials such as cloth, ore, and fish, you may want to create your
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own group with special selling rules for those.
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I use my Careful pricing.
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Make sure your Auctioning op for these has a high stack size- people like to buy huge
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stacks of crafting mats, and singles are a definite no no.
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Crafted products like food, flasks, and enchants can be their own groups each.
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You can use matPrice as part of your minimum price to make sure you're not selling items
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below what they cost you.
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I like smaller stacks for Food, Flasks and Pots because they're expensive, so people
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tend to commit to less.
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Enchants should always be sold in single stacks, cause who needs two neck enchants at once.
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Nobody.
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To set different stack sizes for these different groups, they'll each need their own Auctioning
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Operation.
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If you wanted to sell Food and Enchants by Careful Price rules, you'll want a separate
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Operation for each to handle the different stack sizes.
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Let's make Careful Sell 20 stack for food, and Careful Sell Single Stack for Enchants.
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We've already figured out our Careful Price rules, so instead of starting from scratch
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you can flip to the Relationships tab on your new operation.
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In this section you can set your operation to copy the settings of another one.
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Scroll down to Min, Max, and Normal price on the right and set them to match Careful
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Sell.
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Go back to your Post settings, adjust your Stack Size to 20 and you're ready to sell
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some food.
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Do it again but with the Stack Size set to 1, and you'll have a nice Auctioning Op for
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your Enchants group.
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Under any new group, don't forget to go to the Operations tab to choose which Auctioning
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Op you want to use for items in that group.
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If you have the TSM Crafting module installed, you can actually auto-create groups with everything
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your professions can make right from the profession window.
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Click TSM on your profession UI to show the TSM version, then tab to groups and click
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Create Profession groups at the bottom left.
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Bam!
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You got yourself some groups!
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Pick out an Auctioning Op and you're ready to start selling what you craft.
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If you want to sell Battle Pets, I'd definitely make them their own group and Auctioning operation.
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You want these posting one at a time, as close to normal market price as you can get.
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Deposits are very low on Battle Pets so you can keep reposting them for almost nothing-
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how aggressively your price your pets depends a lot on your patience.
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It's also pretty common to set up a group each for Bags and Mounts.
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If you're overwhelmed, remember You don't have to get into selling everything.
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Only set up groups and auctioning ops for the things YOU want to sell.
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Cancel Scans This is where you start to make your gold
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and lose your mind.
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In the Auctioning Operation interface, there's a Cancel Tab you should look at.
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If enabled, you can run Cancel scans to check your active auctions of this group to see
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if there's a better price your item could be.
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The first thing that'll trigger this is if you get undercut, but not all the way down
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to your min price.
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You run the scan, cancel the things you got undercut on and then repost them to undercut
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your undercutter.
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This is the way of the Auction House.
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The other thing that can trigger a Cancel is Canceling to Repost Higher.
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If the auction you were undercutting ended, this will cancel it so you can repost it at
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a higher price.
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This can scrape you some extra gold, but I would rank it as a lot less important than
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canceling to undercut.
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How often and obsessively you run Cancel scans is up to you and your mental health.
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Reset Scans Let's say you go to the auction house one
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fine morning to sell some juicy briarthorn, when you notice that they're all below 1 silver
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each, tanking your precious market.
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How dare they.
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Time for a Reset Scan.
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This is where you buy out all of an item when it's below a threshold so you can post it
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all yourself at whatever price your post scan would have done.
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You're resetting the market.
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To set it up, open up your Post Operation and tab over to Reset.
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You'll need to set the Max quantity that you're willing to buy, and how much you're willing
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to have on hand after you finish resetting.
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Under Max Reset cost set the total gold amount that you're willing to invest on resetting
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a market.
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For Min Reset Profit, set the amount that you would have to make off each item for it
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to be worth resetting to you.
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You can use the fancy price sources,or you can just use a gold amount.
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Price resolution is the size range of prices that are considered a single price point for
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the reset scan- the default 1s is generally just fine.
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Max cost per item is the most you'll pay for a single item when resetting.
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I personally keep this set to half of market price so that I'm only resetting really low
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markets, and never investing in full price items.
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That's just me though, you follow your heart.
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Reset scans are good in markets with small supply like vanilla crafting mats and battle
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pets.
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Quick Post from Bags.
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This is the ultimate selling shortcut for when you've got stuff in your bags to sell
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but it's not in groups, you haven't set up post ops and you're too lazy to sort all that
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out right now.
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It'll post the item at what shakes out to be an average of a few price sources, such
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as market price.
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Hit the button, make sure the prices look somewhat alright and knock yourself out.
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This will post every ungrouped item from your bags it can so don't run that if you don't
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want to sell your stuff.
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You can find the quick post button on the right hand side of the Auctioniong Tab, when
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you're at an Auctioneer.
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So say you've run your Post Scan and posted everything you can, but there's still a bunch
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of stuff in your bags.
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Why won't it sell your stuff?
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If an item is in a group and has a Auctioning Opeartion but isn't posting, your chat log
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will tell you why.
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Usually it means your Minimum price kicked in and that item isn't worth enough on the
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Auction House right now.
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When that happens, you can hang onto it and hope the price goes back up, you can try to
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reset the market, or you can give up and vendor it.
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If it says you have an invalid price, then you need to look at the Price sources for
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that Auctioning Op and double check your spelling.
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So, that's everything I know about setting up your Auction House empire by selling things
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with TSM.
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Thanks for watching!
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There's a few more guides still to come on mailing, shopping and crafting with TSM so
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keep an eye on my channel for those.
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To learn more detailed info about TSM visit their website at tradeskillmaster.com.
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Thanks for watching, and have a wonderful, wonderful day.
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Bye!