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In World of Warcraft, there are dozens of different ways to make a lot of gold. If you ask anyone what the single best way to do so is though, they will likely recommend you to the Auction House. The World of Warcraft Auction House has long been the single best place to go when overloaded with extra mob drops and crafted items because you¡¯re guaranteed to get the most gold possible.
For those interested in getting set up with the Auction House, it¡¯s probably a good idea to download something like Auctioneer to help you keep track of your items. You can download the program from nearly anywhere World of Warcraft mods are offered. The program itself is ideal for keeping track of what¡¯s available and what the normal prices are. With this tool you¡¯ll know exactly when to sell high and when to buy low.
However, you should always keep in mind that the software is not always accurate. You should be aware of changes in World of Warcraft itself and the potential for substantial shifts in supply and demand. Don¡¯t buy low just because you think you see a deal. Find out why the items are selling for so low (the game might have been updated, outdating those items).
There are certain times when some items might spike dramatically in price. If anyone remembers the 1.9 patch last year, the War Effort brought a lot of high demand for wool. Overnight prices jumped by almost five times in the Auction Houses, making some people very rich.
When you start working with the Auction House, create a character solely dedicated to using the Auction Houses. There are three of them and a lot of travel and storage that you probably don¡¯t want to waste on your main character. With a dedicated Auction character, you can streamline your money making capabilities.
When you sell is always important as well. You might notice that common goods are better to sell during the week, while the rare, expensive goods sell for more on the weekends. It has to do with who is online at certain times and what exactly they need. Keep track and you¡¯ll be happy you did when the gold starts to roll.
If you see someone constantly buying items from you, see if you can bypass the whole auction process and set up a system to sell to him or her directly. If he needs a certain crafting ingredient that you sell constantly, ensure he always buys it from you instead of looking for better prices.
All of that useless junk you find while out questing on your main character¡¯s profile can be saved and sent to your auction character to make even more gold. You could sell low for disenchanting or if you think it through well enough you will make your auction character an enchanter and disenchant items yourself.
The Auction House is the best place to make good gold in World of Warcraft if you have the time and tenacity to deal with it. Start the process properly and take the necessary steps. You won¡¯t regret it.