Flipping is finding items at the Auction House that are priced below market value and turning them around for a profit. This works well, but set aside time for it. Then you play while things sell.
You will need to have some marketing and selling skills to make this work.
Firstly, note which items are sought after and which not. Laws of Supply and Demand will dictate what you can sell something for. Focus on rare and needed items.
Consistently scanning the Auction House is required. There are add-on programs that can assist you.
If you have lots of a rare item, don’t throw it all onto the Auction House at once. Trickle it in to ensure that prices remain high.
There are rules to doing this. Lots of people are trying the same thing. If you try to undercut the market all the time they will not like you. If one of the big players gets angry with you, they will use their resources to follow you around the Auction House and undercut everything you do until you go broke. Remain competitive…it’s safer that way.
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