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Guide to Auctions

 
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good so far?
yes
60%
 60%  [ 3 ]
no
0%
 0%  [ 0 ]
don't click this one i made it so i can view the poll!
40%
 40%  [ 2 ]
Total Votes : 5

Author Message
animal_mad



Joined: 30 Nov 2006
Posts: 1341

PostPosted: Mon Mar 12, 2007 11:05 am    Post subject: Guide to Auctions Reply with quote

Know your speak
SB: The starting bid ~ Don't bid lower than this
HB: The highest bid by the highest bidder ~ Don't bid lower than them
MBI: Minimum next bid ~ If the MBI was 50k and the person before you bid 100k you can bid 150k or more
BIN: Buying it now ~ Get it automatically ~ Some auctions allow you to go over this but most don't

Tokens
Buying
Do not be tempted to overbid. This loses a lot of money. I once bid 3.5million on 100 tokens but the other winners got them for 1.9million Confused if they are in big enough lots to be worth it, focus on one lot and bid on it. Try to go for bigger more useful auctions such as 100 tokens or more.
Selling
Set a low SB and a high BIN. It's best not to set an MBI, i think, but you may disagree. Also BUMP! it up fairly often so people know about it. A lot of people don't bother looking at the ones further down.

Artwork
Buying Always check it is the artists own work. And view all there examples to see if they are good. It is probably better to get a commision than to get a premade one because it may not be exactly what you are looking for.


More Coming Soon!
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Karleigh



Joined: 29 Nov 2006
Posts: 1499

PostPosted: Mon Mar 12, 2007 2:44 pm    Post subject: Reply with quote

I like it so far Animal. Another one you could put in is breedings.


Ive seen quite a few people auctioning off breedings to there studs/broods. A tip could be: before you bid on the stud check the market place to see if there is one of that animal up for public stud. Auctioned breedings can be fairly expesive. If it is a mediocre animal and the SB is high, check the market place first before you bid. You could save yourself alot of money.

Good work, keep it up. Very Happy Very Happy
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animal_mad



Joined: 30 Nov 2006
Posts: 1341

PostPosted: Mon Mar 12, 2007 3:11 pm    Post subject: Reply with quote

good tip! i will add it...
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