Sunday, May 30, 2010

Flipping Epics

Flipping epics can be very profitable but you must know what you are doing. There are certain items that can be deceiving in price history whether it is in your own auctioneer data, wowhead, or thottbot. 200 item level epics are a perfect example, there is many easily available epic crafting plans available for many professions and no one really wants to waste their time buying 200 level epics since LFD is so easy to get gear.

These are the only two 200 item level epics that I flip, Mantle of the Extensive Mind and Wapach's Spaulders of Solidarity. I can consistently buy these for around 150g and resell them for 350 to 450 gold.

You have to be on the look out for some really great deals, there is so many players that have no idea what BOE epics are worth but they think "I'll sell it for 1000 gold!" only because 1000g is a lot of money to them. I've been able to buy these BOE epics and sell them for 2000 to 5000 gold.

Great example, I logged in one morning and I find on the auction house Shawl of the Shattered Giant for 450 gold. Needless to say my eyes lit up and I bought it knowing I was going to make a killing. I reposted it for 3500g and it sold within the hour!

In less than an hour I made 2,875g, granted these deals don't happen every day but its very possible if you are able to scan the auction house enough you can find these deals once a week. I find one of these type of big deals every two to three weeks and that's just with me do my regular scan in the morning. One last tip, running your auction scans in the morning is the best time to find deals, especially with your snatch list. Purchasing usually slows down over night, during the week, but items continue to be posted on the auction house all night. Prices drop because of the lack of demand and that is prime time to find deals and build stock.

Thanks for checking in!


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