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Auctioneer

  Download the Curse Client

Last Update: Aug. 11, 2008 (2 weeks ago)
Category: Auction & Economy, Mail, Other, and Tooltip
Tags: auction, hunter, item, sell, and trade
Project Manager: MentalPower
Website: visit
Current Version: Auctioneer 5.0.0.PRE.3342 FULL
(for World of Warcraft 2.4.3)
Downloads Today: 2,859
Downloads Total: 6,941,912
Favorites: 22,539
Comments: 1,472
  • About Auctioneer
  •  

Please Do Not Post Errors Here. Please go to Our Support Forum and be sure to search before posting- many questions and errors reported are duplicates. Various questions are addressed in the AuctioneerAdvanced FAQ and installation/upgrades are easily completed using our Step-By-Step Installation Guide.

If you have not done so already, please click on that rating button and help us top the WOW curse addon listing :). The rating bar is just under that big "W" on the left of the page. Do not forget to add us to your favorites too- you will then receive email when new versions are released!!

What is Auctioneer ?


Auctioneer is an addon that allows you to view information about an item that may be useful in helping you determine what it's worth.

Straight out of the box, Auctioneer knows much about many items in the game, and will tell you many things about the item when you move your mouse over the item in the game.

Right at the start, the information that is provided (via the Informant addon) to the user is:

An example tooltip:

  • Linen Cloth
  • Buy 3 (0.55 each) 1s65c
  • Sell 3 (0.13 each) 39c
  • Stacks in lots of 20
  • Class: Trade Goods
  • Used for: Smithing, First Aid,Engineering, Tailoring
  • Quest items in 4 quests

So what does this tell the user ?

  1. It tells the user that they are looking at the item "Linen Cloth"
  2. The buy price (that you can buy this item from vendors for) for three of these items is 1 silver and 65 coppers. (which is 55 coppers each)
  3. The sell price (that you can sell this item back to the vendors for) for three of these items is 39 coppers. (which is 13 coppers each)
  4. This item can be stacked together up to a maximum stack size of 20 items
  5. Blacksmithing , First aid , Tailoring and Engineering professions all use this item in their trades.
  6. It is a quest-item in 4 quests.

Note: Items that you may not actually be able to buy from vendors still have a value in the game. This value determines things like deposit price and starting price at the auction house and repair costs for durability damage.

What is this scanning about?


Once a user moves to the auction house and beyond just buying and selling from/to vendors, the whole game changes. No longer is the user dealing with the static prices of the vendor to support their character's income. We are now dealing with the fluid and hectic nature of a dog-eat-dog market economy.

In such an economy, which is in a constant state of flux, it can be difficult to select the correct pricing points for your item at the auction house. Sometimes the prices and value of your items can be wildly different to the vendor price due to many factors, the value of items that can be made from your item, the use of a particular item in a quest, the suitability of a particular weapon or armor to specific classes, and the disenchantability of an item to enchanters.

Primarily, the driving factor of the price fluctuations, as in the real world is supply versus demand. When supply is high, but demand is low, competition drives the prices down, and conversely then supply is low, but demand is high, the market is driven into a sellers market.

What can Auctioneer do to help me ?


Auctioneer can help you alleviate this lack of market knowledge over time by watching the market evolve. When you go to the auction house for the first time after installing auctioneer, you will see a new button marked "Scan" at the bottom of the Auction window's browse pane. Clicking on this button will put the Auction window into an automatic scanning process which will look at the current market snapshot and record statistical data about the prices and quantities of items at the auction house.

Once the market analysis has completed, you will notice additional information about the items in the tooltips when you mouse over them:

An example tooltip:

  • Linen Cloth
  • Seen 4062 times at auction total
  • Averages for 3 items:
  • Starting bid (1.63 ea) 4s89c
  • Bids (10% 0.52 ea) 1s56c
  • Buyout (92%, 3.40 ea) 10s20c
  • Buyout median 7s35c
  • Last 35, median BO (ea) 2s50c
  • Scanned 20, median BO (ea) 2s45c
  • Suggested price for your 3 stack: 3.40 min / 4.26 BO
  • Undercutting by 5%
  • Buy 3 (0.55 each) 1s65c
  • Sell 3 (0.13 each) 39c
  • Stacks in lots of 20
  • Class: Trade Goods
  • Used for: Smithing, First Aid, Engineering, Tailoring
  • Quest items in 4 quests

OK, what is this new data telling the user?

The new data is displaying the market statistics from all auction scans. It is telling the user that:

  • The item linen cloth has been seen 4062 times in total due to scans of the auction house.
  • The average values for the current stack of three items is:
    • An average starting bid for 3 items of 4 silver and 89 coppers (1 silver and 63 coppers for one item)
    • An average bid rate of 10% (that is 10% of the 4062 items had bids) and an average bid of 1 silver and 56 coppers (52 coppers for one item)
    • An average buyout value of 10 silver and 20 coppers (3 silver and 40 coppers for one) was set on 92% of the 4062 auctions (Not all auctions need to have a buyout set, that is why the percentage is only 92%)
  • The most accurate median buyout (for 3 items) is 7 silver and 35 coppers
  • For the last 35 of these items seen, the per item median buyout was 2 silver and 50 coppers
  • The most recent scan of the auction house saw 20 of these items, and the per item median buyout was 2 silver and 45 coppers
  • Auctioneer suggests that the minimum bid for the 3 stack is set to 3 silver and 40 coppers and that the buyout price is set to 4 silver and 26 coppers
  • Auctioneer has determined the previous values by undercutting the market with 5% (for explanation see below)

OK, but what do these numbers actually mean?

Understanding of what the numbers are telling you can be the most difficult part of understanding this addon.

Let me tell you what this data tells me.

  1. The sample size is high. 4062 items, which means that we have a lot of information about the item.
  2. The auction house has some nibblers who are taking bids on the lower priced items in the auction house. 10% of the items have bids, however they are not coming close to the average starting bid (even lower than halfway toward it). This indicates that there are people looking for bargains on this item (likely to try and buy and resell it at a better price)
  3. The buyout rate being at 92% indicates that people are fairly confident that they know the value of this item.
  4. The Average buyout being about 2 silver 85 copper higher than the average median (around 40% of the median) indicates a varying price for these item, but still fair. When the difference between the average and the median is high, this indicates a market that is unstable, unsure of it's pricing point.
  5. The last median (historical median) shows the median value of up to the last 35 items, whereas the scanned median (snapshot median) shows the median buyout of only those items currently for sale on the auction house. The difference between these two values indicate a temporary market shift. The historical data being higher than the snapshot data means that the market is in a low for this item (buyers market) and conversely the snapshot being higher than the historical indicates the market booming for this item (sellers market)
  6. The other points are explained already in the previous section.

Selecting the prices to sell for:


If Auctioneer has enough data, when you try to put an auction up for sale, it will attempt to provide you with intelligent pricing points based upon the market data it has accumulated through scanning.

When you drag your item from your inventory window into the Create Auction item slot, Auctioneer will set a minimum price, a buyout price and display relevant data about it's decision making process underneath in the market analysis pane, as well as telling you how it arrived at it's prices.

An example auction 1

Based upon the Auction-tab description: (for more information see Interface Usage)

  • [ 3 ] Linen Cloth
  • Starting price
  • 3s 40c
  • Buyout price (optional)
  • 4s 26c
  • Auction duration
  • [ ] 12 [ ] 24 [x] 48 hour
  • Deposit: 12c
  • 35 historical 7s 50c
  • 20 last scan 7s 35c
  • Snapshot low 4s 50c
  • Market price 7s 35c
  • Original bid 1s
  • Undercutting by 5%

An example auction 2

Based upon the Post Auction-tab description: (for more information see Interface Usage)

  • [ 3 ] Linen Cloth
  • Undercutting by 5%
  • Starting price
  • 3s 40c
  • Buyout price
  • 4s 26c
  • Auction duration
  • [ ] 12 [ ] 24 [x] 48 hour
  • Deposit: 12c

What's all this mean then?

OK, well the starting and buyout prices, duration and the deposit are all self explanatory. The rest of the data means this:

(Explanation based upon auction example 1):

  • This item has been seen 35 times historically (that is in the last 35 times) with a median of 7 silver and 50 coppers
  • This item has been seen 20 times the last scan (snapshot) with a median of 7 silver and 35 coppers
  • The lowest price for this item in the last scan was 4 silver and 50 coppers
  • The calculated market price for this item is 7 silver and 35 coppers
  • The original starting bid, suggested by blizzard for this item is 1 silver
  • The pricing algorithm decided that the current lowest bid (4s50c) could be undercut by 5% and still not deviate too far from the market price.

What are the available pricing models?

The pricing algorithm may select one of:

  • Marking up vendor by 300%: This item has not been seen at auction. We are estimating that it will be worth 3 times more than what you could sell it to the vendor for.
  • Undercutting by x%: This item has competition on the market, but it's not so bad that we'd be cutting our throats by matching them.
  • No competition: This item is not on the market, you have a monopoly on this item at this point in time.
  • Competition above market: The prices for this item are no threat to you as they are all over prices (you could afford to bump your prices up a little too, if you felt like it)
  • Cannot match lowest price: The lowest price is too far below the market value. Selling at this point in time is not recommended. Either bide your time until this item is gone, risk it and put your item up any way at a higher price, manually reduce your price to match it, or buy out the cheap items, and relist them and your items for proper market value.
  • Using my current price: You have the most competitive price on the market, so we are repeating the post at your current price.
  • No data for HSP: No data exists to work out what the highest sellable price for this item is.

Conclusion


We surely hope this helps people to understand Auctioneer a bit better. More advanced topics such as playing the market to make bulk GOLD will be covered in future documentation, which can be found here Auctioneer.

Please goto "AuctioneerAddOn.Com" to view the current changelog.

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  • Aug. 29, 2008, 04:23PM (4 hours, 26 minutes ago)

    I'm using Auctioneer Classic and have been using the version that I am for several weeks with no problem.

    Ever since last night, there are a few items in my inventory that simply will not list. I go to the "Post Auction" tab as usual and put the item on, press "Post Auctions" but the item does nothing, though its icon is greyed out in my inventory as it should be just prior to it disappearing. Of course, this doesn't happen so I just cloes the auction window and then it's fine. I just can't get some items to list.

    Many items do list, though, some don't. And this has only happened since last night. I logged in today and it's the same problem with the same items. Including, but probably not limited to -

    Explosive Shotgun
    Windweaver Staff
    Huntsman's Gloves of the Monkey

    No, they're not Soulbound and yes I have lots of money to pay for the listing fee. Also, I tried listing via the "Auctions" tab, but it still doesn't work there.

  • Aug. 28, 2008, 02:11AM (1 day, 18 hours ago)

    Ok, so I really, really like Auctioneer Classic. This site seems to only offer Advanced. I tried going to the main site to dl it, but no luck. Any tips? I thought I had downloaded Auctioneer Classic originally from this site...

  • Aug. 27, 2008, 12:31AM (2 days, 20 hours ago)

    im having really big trouble getting this installed. i use an apple imac. I cant seem to manage it plz help me

  • Aug. 27, 2008, 08:19PM (2 days ago)

    Hiya Oktavious,

    The AddOns all work within Lua and are platform independent- simply follow the installation instructions.

    In general, you download the zip to your machine, unzip that to a new, empty folder, then copy the 17, or so, folders into your ..\WorldofWarcraft\Interface\AddOns directory.

    If you are unable to download the file, you can visit our primary download site, then select Preview, and, finally, AuctioneerAdvanced Suite or Auctioneer Full, depending upon your needs/wants.

    Happy installation,

    Nikk

  • Aug. 22, 2008, 02:30PM (1 week ago)

    Where should I report error messages? I would have thought "open ticket" but I get a 403 notice? Is this the appropriate forum?

    Thanks.

  • Aug. 23, 2008, 01:05AM (6 days, 19 hours ago)

    Hatty,

    First, be sure you are running the most recent version, as many errors we have reported are actually fixed. =)

    If you are running the most recent version, 3342, then simply make a post on our [http://Forums.Norganna.Org/4/ main support forum] including the complete error as reported by Swatter. The more information you can provide, the better- such as what you were doing when the error showed, et cetera.

    An account is required, but that is simply to help weed out advertising bots- the reply will be instant and you will be ready to go in about 30 seconds.

    Best of luck,

    Nikk

  • Aug. 20, 2008, 09:47PM (1 week, 1 day ago)

    Hello,
    I have been using auctioneer classic. I love the simplicity of it versus this Auctioneer. I download it from the home site as it is not offered here.

    I would love to see it here.

    I have a major issue with Auctioneer unfortunately. Every time I want to look up something and click search... is starts scanning the Auction House. I close the window and re-open it and it automatically starts scanning. Because of this I have had to disable it entirely.

    Thank you in advance for your help.

    Kind regards.

  • Aug. 21, 2008, 12:40AM (1 week, 1 day ago)

    Wasabe,

    The Full Suite offered here includes both versions, simply disable the entry "auc-advanced" to disable Auctioneer Advanced and "auctioneer" to disable Auctioneer Classic.

    Sounds as if you may have enabled BottomScanner, which will scan the AH at a configurable interval of your choosing. That should be about the only thing that would cause the type of behavior you are seeing.

    Also, please note that AuctioneerClassic will not be ported to the WotLK client, though you are more than welcome to run whatever version you like. Based upon an initial test, it is not very promising but it *may* run once the code is perfected and changed while Blizzard moves toward their release day.

    We have added, and continue to add, features to make the change-over easier, such as the Simple posting frame, enabled by clicking the button at the top of the Appraiser window, full pop-up help text, one-click batch posting for all auctionable items, and verbose, graphical options windows so folks do not have to search for esoteric /slash commands.

    Regardless, check to be sure BottomScanner is turned off- if it is, and you continue to see this scanning without any sort of input from you- please let us know.

    Thank you,

    Nikk

  • Aug. 22, 2008, 10:42PM (6 days, 22 hours ago)

    Hello,
    Unfortunately it is still happening.

    I never installed Bottom Scanner. However, for fun I downloaded the full version offered here and disabled the Advance and both scanning things. It still happens.

    Again, what happens is that when I open the Auction House window and type something then click 'search' it scans.

    As I was typing this I decided to let it go ahead and scan... I figured maybe it will let me search when done... NOPE. I hit the button 'search' and again it scans.

    Thank you in advance for your help.
    Kind regards.

    Here is a screen shot of what I have running in Auc. :
    http://my.curse.com/users/wasabe/images/full/142193/

  • Aug. 23, 2008, 02:24PM (6 days, 6 hours ago)

    Wasabe, it would help if you could start a thread at http://forums.norganna.org/4/ (our main support forum), as I think Nechckn is the only one of us that checks this page frequently.
    Some questions about your issue:
    Does it still happen if you have nothing but Auctioneer running? (rename Interface\Addons, and create a new one with just Auctioneer to test this)
    If not, could you slowly copy over the rest of your addons to the new Addons folder, and see when the problem reappears?
    If it does happen with only Auctioneer, please provide your WTF\Account\<you>\SavedVariables\auctioneer.lua file for us.

  • Aug. 20, 2008, 06:41PM (1 week, 2 days ago)

    The Enhance Tooltip component of Auctioneer is throwing five-paragraph errors at me constantly after downloading this version. Seems to be not playing very nicely with Tooltip Wrangler and Picking Skill (both mods that alter Tooltips). Possibly others.

  • Aug. 21, 2008, 12:41AM (1 week, 1 day ago)

    SkunkWerks,

    Happy to see you obtained some help input at the main site- and that the issue turned out to not be caused by one of our AddOns.

    Happy selling,

    Nikk

  • Aug. 19, 2008, 11:39PM (1 week, 2 days ago)

    I have tried downloading Auctioneer about 15 times since the new update. Every single time I have tried, it has not let me do the download automatically, but makes me chosse "download manually". This is something I have never had to do with any of the other add-ons I have downloaded from the site, all succesfully. After my last 30 mins trying yet again to DL this add on manually, following ALL instructions given by you to manually download it on a Mac, I have decided to skip the Help forum, not having received any help there whatsoever and posting a message here, in hopes that I might receive some help.

    Let me say again that all of my other addons were succesfully downloaded without any problems using the "choose mirror automatically" option and not the manual DL. However, no matter which version of Auctioneer I have tried to DL, I always get this message when I hit the "choose mirror automatically" option.....

    Safari can't open '"psyn://services.curse.com/client/install.xml?id=78" because Mac OS X doesn't recognize internet addresses starting with "psyn"

    Please tell me what I can do to DL this Auctioneer successfully!!!! I am a huge fan of curse and love my other add ons. I would really love Auctioneer to be one of them! :)

    Thank you,
    PandorasRequiem