Auction House: Difference between revisions
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{{BadgeBox|Badge auction seller 11.png|Shopkeeper|You've sold 6000 items on the Consignment House.}} | {{BadgeBox|Badge auction seller 11.png|Shopkeeper|You've sold 6000 items on the Consignment House.}} | ||
{{BadgeBox|Badge auction seller 12.png|Power Seller|You've sold 7000 items on the Consignment House.}} | {{BadgeBox|Badge auction seller 12.png|Power Seller|You've sold 7000 items on the Consignment House.}} | ||
[[Category:Services]] | |||
Revision as of 07:39, 10 May 2007
Overview
Consignment Houses are facilities that allow heroes or villains to buy and sell Enhancements, Recipes, Salvage, and Inspirations.
The Consignment Houses for Heroes are Wentworth's Fine Consignments, located in Atlas Park, Kings Row, Steel Canyon, and Talos Island. Villains use the Black Market, located in Cap au Diable, Mercy Isle, Sharkhead Isle, and St. Martial.
The Consignment House works across servers. Items being sold from any server, US or EU [1], may be purchases on any other server.
Secret Bid System
The Consignment House uses a secret bid system. Here is the in-game explanation of this system as provided by the Wentworth's Employee in Talos:
- At Wentworth's we use a 'secret bid' auction. To make a long story short, you set the price for your item, but the Buyer does not see it. The Buyer bids what he wishes to pay and if he meets, or exceeds, your requested price he will receive the item. You may even receive more than you asked for! In order to help the Buyer with a bid, there is a history of how much that item has sold for in the past, up to 10 purchases.
The Black Market uses the same secret bid system as Wentworth's.
If multiple players are selling an item for different amounts, the person with the lowest list price will sell first as long as a bid is higher than their list price. Thus, if a lot of people are listing an item for 100 inf, someone who lists the same item for 10,000 inf may never sell it even if people are paying 100,000 inf for it. Likewise, it's possible for someone who lists an item for 100 inf to sell it for 100,000 inf while someone else who lists the item for 10,000 inf only sells it for 10,000 inf.
Transaction Slots
Each character has a limited number of transaction slots that they may use at the Consignment House. A character starts with 10 and earns more as they advance in security/threat level. Additional transaction slots may also be earned through badges.
One transaction slot is required for each item put up for sale or for each bid placed. Salvage may be bought or sold in stacks of up to ten.
Fixed Price Items
The vast majority of items available in the Consignment House are sold by players. However, a one-time use Consignment House Teleporter (for heroes) or Black Market Transporter (for villains) temporary power may be purchased at a fixed price of 10,000. This item is always available and may be purchased repeatedly, provided the character does not already have one. The Teleporter will transport its user to the nearest Consignment House when used.
Fees
There are two sets of fees associated with using the Consignment House. Both fees are applied to the seller, a listing fee and a transaction fee.
Because there are fees associated with selling on the Consignment House, it is possible to lose money, especially when items do not sell.
Listing Fee
When an item is put up for auction, a fee of 5% of its listed price is charged to the seller. If you do not have enough influence/infamy to cover the fee, you will not be able to list it on the Consignment House.
Note that the minimum fee is 5 inf. If 5% of the list price is less than 5, you will still pay 5.
If your item sells, this amount will be refunded. The amount will not be refunded if the item does not sell, or if you cancel the auction.
Transaction Free
When an item sells, a transaction fee of 10% is deducted from the amount it sold for. However, the transaction fee will be reduced by the listing fee, which will be refunded since the item sold.
Inactivity
If a character is inactive (does not log in) for 60 days or more, all items on the Consignment House will be lost.
Influence Transfers
- Main article: Influence Transfer
Though not an intended use of the consignment house, it is possible to use the consignment house to transfer influence between characters on the same account, cross server. See Influence Transfer for details.