Diablo 3 Guide: How to Sell in the Auction House


Here’s a quick Diablo 3 guide to finding accurate prices for your gear in the Diablo III Auction House, and thus listing them at the right price for a quick sale. I’ve been doing a lot of buying and selling of late, and I often see threads from people asking how to figure item value. It seems like many people can’t, in as much as the items I see listed on the Auction House are often wildly over their value in the market. A lot of those are surely intentional, as people throw up their mid-range legendaries with absurdly-inflated prices and hope someone clicks buyout by accident.

I wish Blizzard released some Auction House figures, just for our curiosity. What’s the average price by item type? By modifier? By legendary? What’s the greatest cumulative amount of gold anyone has sold or bought? What percent of auctions end in a sale? Etc. Personally, I’d be shocked to hear that even 1/100 auctions sell. Probably more like 1/10,000, given how wildly overpriced most auctions seem to be.

If you actually want your item to sell, you need to price them appropriately, but not so cheaply that you feel like you’re getting ripped off. How can you turn mediocre Rares into more gold than the 2000 or so you get from the vendor in-game? Read on. As I said in the Billion Gold Prices article and the Max Magic/Gold Find item list, I’m working on a master list of a sort of pricing guide for every item slot. Best and most valuable mods for that item, best legendaries, etc.

This article is not that one, though. It’s just a short how-to guide on quickly finding the value of your items, so you can price them appropriately in the Auction House. With lots of illustrations, for to make glorious visual assistance.

Let's move those items from Auctions to Completed.

Let’s move those items from Auctions to Completed, shall we?

Diablo 3 Guide: Item Sale Values

Figuring out what your item is worth is the first step in selling it. Well, in selling it for a good price. You can put up anything at 500 gold and hope for the best, but there’s an odd sense of failure or regret when you post something that sells instantly. You’re happy it sold, but for me at least, I always think that means I should have priced it a bit higher. Do what you can to banish that thought from your head, and you’ll be happier. For all you know, the one person on Battle.net who would have bought your item just happened to search it out a moment after your auction went live, and if you’d asked even 5 gold more they’d have passed you buy by.

So, how to know what your item is worth? The game provides a handy tool. While in the Auction House, just right click on anything on a character, in your inventory, or in your stash and select the “Search for similar items” option.

Right click for similar items.

Right click for similar items.

This will instantly pop you to the search page, with the mods on your item entered into the variable fields. Sadly this does not work on legendaries; it takes you to the search page, but with just the base item type selected so you have to enter the values manually. (And you still can’t sort or rank items by the values for affixes that don’t normally occur on that item type, such as critical hit damage on a Witching Hour belt.)

Click through for the rest of the guide with screenshots and some general thoughts on current market trends in the GAH.

Search fields automatically completed.

Search fields automatically completed.

This is the next thing you’ll see; the search page with all the fields already filled in.

Here you need to remove some of the irrelevant mods. No one’s going to put a value on Lightning Resistance, other than perhaps a Monk trying to flesh out his OWE res, but without any Dexterity this isn’t likely an item a Monk would want anyway. You also want to normalize the other values. Lower them a bit, no one’s going to search on “71 Vitality,” so I usually drop mine down to the next lower round number, to get a reasonable amount of comps.

If you’re having trouble finding other similar items, drop the number a bit further, especially if it’s a non-essential figure. On these pants every point of INT adds to value. The Vit is also useful, but this isn’t Hardcore so it’s not *that* valuable. So I dropped it down to 60 just to get more results. If that still doesn’t do it, you can just

Or remove the value entirely, and just keep the affix.

ah-sales4

Here you see another problem; I’m trying to sell an item in my stash, but when I look at the returns I see my own pants as the comparable. You can fix this by logging into a game and equipping the item you’re trying to sell, but there’s another quick way to work around.

On the Search Equipment field, select the generic class you want to compare to, rather than one of your own characters. It doesn’t really matter which class you pick (unless you want to search on some class-specific item type or mod) but since these pants have INT I should choose a WD or a Wizard.

ah-sales5

Now when I hover on the items, I don’t get distracted by the display of other gear, plus that display doesn’t cover up the prices, which makes it easier for me to skim down the list. Also note that I’ve sorted by Buyout price, so they go from cheapest to most expensive, since in this auction (as in almost all of mine) I’m going for a quick sale at the lower end of the market.) I don’t see the comparison to the pants I’m trying to sell either, but I can click back to the sell Tab to view them again, or just refer to the search fields below for the approximate stats.

ah-sales7

These are quite similar in stats and going for 100k, with just a few hours left in the auction. My pants had 8% more All Res, and the other auction was about to end, so I tried to be greedy and listed them for 111,111.

ah-sales8

Though I didn’t do it with these pants it’s a good idea to use the Buyout option to try to leverage your sale price. Set a lower price, say 90k for these pants as the bid, and then put the Buyout at something higher, such as 111k. The lower figure might catch someone’s eye, and then if they’re impatient they’ll just do the Buyout. I almost always do buyouts myself, since when I want an item I want it now. The only time I bid is when there’s a huge disparity, like 300k bid and 800k buyout, but there’s a whole psychological angle there that many people are susceptible to.

Sold!

Sold!

These pants did not sell for 111k, but I cut the price to 94,444 the next day, and they did sell at that. Which is a fairly rare state of affairs in the GAH these days, as you can see by the many other non-selling auctions in my recent results.

Current Auction House Trends

I’ve been using the GAH a lot for the past month+, and it seems to be getting harder and harder to sell anything. Maybe that’s related to the time of the year; many people are home from college for holidays, others aren’t finding as much online time with family and other real life distractions, etc. But it’s making selling tougher.

All through Oct and November I had little trouble selling 8 or 10 Rares a day. All fairly low-end stuff, 30-100k or so, of the type of items that are very easily found while doing farming runs in Inferno. High MF helps with finding Legendaries, but it also boosts your odds of 6 affix rares, and those have made up most of my item sales.

For the past couple of weeks though, I’ve had to really cut prices. Search, find comparables at 250k, set my item to 166k, and hope for the best. Lately I’m lucky to see 1/3 or 1/5th of auctions go through, even offering items at a very good price. (I’m probably not an ideal GAH profiteer, since I don’t have the patience to keep relisting the same item and waiting for it to sell. I’d rather move a lot of inventory and if that means taking an 80k sale over a 110k maybe, I’ll do the 80k just to free up a sales slot for another item sitting in my stash.

I have noticed a few things selling; dual find gear, with both MF and GF, has more value than I’d expect. I’ve moved quite a few junky rares for 20-40k just because they had 18% GF and 19% MF, or values like those. The following 3 items recently sold for 25-40k.

ah-sales-find1
ah-sales-find2 ah-sales-find3

I’m not sure who is so hard up for GF/MF that they’ll buy those items; maybe they’re getting ready for Followers being able to wear more armor in D3X?

Pickup Radius

The hat below I’m trying to get 450k for, and I think it would have sold in a snap if it wasn’t a stupid Monk hat. Comparable helms for all classes are 1m and up, and this is part of the reason why I don’t usually pick up rares of class-specific gear; it limits the potential sales market too much.

ah-sales1

If you’re wondering why a helm with such mediocre survival stats is (theoretically) worth nearly 500k… pickup radius. It’s all about the pickup radius. The socket and double find and another decent stat are nice, but pickup radius is wildly valuable these days, since everyone wants it and since it is so seldom found on Legendaries. And with Legendaries dropping so regularly in v1.05, it’s getting cheaper and cheaper to equip even a low budget character in very good green and orange gear, but that often comes at the expense of their pickup radius equipment.

Thus any rares with even semi-decent end game stats and pickup radius are very valuable. Case in point:

pickup-radius1

If you can’t read without clicking, those pants sold for 1,275,000, and they’re crap. Seriously, without pickup radius as a mod, they’re probably vendor trash. Maybe 25k on the GAH, but I don’t think I’d have even bothered to list them. Lately I’m not trying to sell anything for less than around 40-50k (which means comparables are 75k or more) since I’ve got a backlog of good auctionable items.

But with nice vit, pickup radius, and 2 sockets, these sold in a snap for well over 1m. And honestly, I should probably have set a higher price and waited patiently.

Conclusion

I’ve got a bunch of other recent GAH observations and theories, relating to item types worth picking up, the wildly-inflated prices of most jewelery, the weird price premium a perfect seed puts on any legendary, and more, but I’ll save those for another day.

I’m curious how others are finding the GAH of late, though. How are you guys doing on sales? Finding it harder to move stuff? Or are there things selling that you’ve found that aren’t mentioned here?

Comments

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  1. Similar experiences here. I’ve almost given up on selling rares except in niche markets like you’ve mentioned. Without impossibly good stats, you could put most rares up for 5k and they’d sit unbought for 36 hours.

  2. I just sell pretty good rares with combined bonus like crit chance+crit dmg, and I pretty much only sell stuff that has magic find and all res. Otherwise it just won’t sell. And hats NEED to have sockets, otherwise they won’t sell for much, unless they are for level 100 paragons.

    I has been getting harder and harder to sell though. I’ll agree with that.

  3. You got pretty lucky selling those pants for that much. I value pickup radius, and always have it on something, so I guess the person that bought those needed it. After looking at those pants again, a Monk using Arcane as their resist for OWE, they are pretty good. Decently high main stat, pretty good vitality, 48 resist all(OWE), MF/GF, radius, and 2 sockets. They are kinda like a poor mans Depth Diggers. I paid a decent amount for my belt on my wiz, mostly because it had radius, and the huge Int and resist all didn’t hurt.

    I have been doing alright selling decent rares. I have also sold several level 30 and below items for a pretty good bit that I found while leveling up my monk and witch docter. I was going to hold a few things back for a possible new class with the expansion, but I really doubt we will see that for at least a year.

  4. ” (And you still can’t sort or rank items by the values for affixes that don’t normally occur on that item type, such as critical hit damage on a Witching Hour belt.)”

    Actually you can. When searching for the item do not use the “search for similar,” just type witching hour into the search bar on the AH and then put the affix you want to be able to sort by as the first affix and you will always be able to sort by that affix.

    Example: Witching hour, first affix in the drop down boxes I choose is critical hit damage, then I can either add a minimum value (or not, doesnt matter,) but when I hit search the AH will add a column with the values for critical hit damage (to the left of dps,) and indeed you can sort by that column highest to lowest or vice versa. If you want one with 200+ int you can just choose intel as the first drop down box choice etc.

    • Wait no I am wrong, my bad :O

      Just out of it today, cant select critical hit damage for belts *facepalm*

      • Damn, there I thought you’d found a clever hack to get around that UI failure. Alas.

        Anyone has any such hacks or tricks, do share in comments. I mostly wrote this to show how to do the sorting and find similar item stuff, as those took me some AH time to discover. But I’m sure there are other quick tricks I haven’t found yet. I’ll add them to the article and the wiki page.

        • Search for: Armor (Any Armor), level 60-60, Legendary; Armor (265), Int (90), IAS (8), CD (35). The idea is not to specify the armor type or the legendary name. Depending on what specific legendary you are looking for that way, you may get a little or a lot of “off-target” results, but at least this allows you to sort them by stats.

  5. You’re selling dual find / pickup radius stuff to botters mostly. They lose a lot of accounts, so are always looking for new gear.

    I’m having a lot of inventory move slow as well. I pretty much vendor anything I don’t immediately think will sell for 100k+. Even then, once I actually search for comps, I still end up vendoring half of that stuff.

    Still, can’t totally complain, have sold about 50m or so of drops this week. And spent like 75m… burns.. holes.. pockets…

  6. Just make sure items are cheap enough. Better to get something than nothing at all.
    pvp will change the market

    Are you planning podcasts in near future Flux?

  7. I can’t even begin to list how many rares I’ve vendored in the past few weeks that I would have sold for a couple hundred K pre- 1.05.

    I still sell rares here and there, more as a joke, for like 50,000. I get an occasional nice glove or amulet that I sell for like 400k (that would have been in the millions a few weeks ago).

    Other than the top-10 set and uniques that almost always sell for a few million, making money off item-hunting is pretty awful these days. Sometimes you hit the lottery, sure, but in general you hope to see one IK boot to sell for 1.5 million, and that’s your best profit for the week.

  8. Prices on all but the very best rolled rares have been bottoming out from my perspective. I have a much more difficult time moving mid-range items than I did even just a few weeks ago but I’ve just been setting fairly low buyouts with the goal of just doing better than I would in game. Nonetheless I’d guess that I end up vendoring 95% of what I grab during runs, which is probably only 40-50% of what actually drops…if that. The AH is really more of a supplementary income for me now rather than a primary.

  9. While I agree pricing correctly is key to selling your items, there are some items, arguably good, that just won’t sell regardless of the price you set. Everyone ______ with access to/willingness to use a credit card has their eye on BiS and don’t give a crap about anything else. The RMAH, being able to buy gold for real money, and then using said gold to buy items in the GAH is ______.

  10. I’ve had the same experience as well. Very recently, I just can’t sell any rares. Good tip about pickup radius plus the dual GF/MF affixes. I’ll keep a look out for that.

    • After it didn’t sell, I relisted that Monk hat for 333k and it sold in a snap. I think it would have gone near 1m as a hat for any class, but still a decent profit for something I wasn’t going to use.

  11. I deliberately avoid pickup radius as a stat so that I can better manage health globes. This way I almost never need to use health pots.

  12. Flux – I do almost everything you say in the guide, apart from the pick up radius trick. Just didnt click for me that I was thinking on all my chars (other than my WD who has froggie as an offhand – 20 pickup radius which is awesome and is needed for his spec) that picking up gold was getting harder and harder and not realising its because all my legendaries dont have the stat.

    That monk hat is useless! I must have thrown away tons of them way better, so you’ve certainly amazed me on that, it hasnt even got any dex and sold for a third of a million…wow.

    Definitely changed my outlook slightly, thanks!

    One other tip is not to discount low dps weapons with good stats, daggers in particular – WW barbs are always on the lookout and will pay good cash for them. Not all characters will realise this. I sold a dagger a few weeks back with 250 dps but 98% crit chance, socket and 300 str, 200 vit for 10 million in 5 mins. (maybe I should have got more!)

  13. Common sense 101 Y’all

  14. something that makes me not want to bother too much with it… 100k is what, 2.5 cents right now? A million is about a quarter. So moving things for a few hundred k just isn’t worth my time. At all, and it sucks, because you rarely/never find anything that prices much higher unless it’s BiS.

    If I wanted to spend a few hours making several pennies, I could go sweep couch cushions. That’s whats got me caring a whole lot less about the AH.

  15. Looks like the auction house will evolve into something where the absolute best-in-slot will sell for tons, while anything even slightly less will be vendor trash.

    There are no ladder seasons to wipe out the economy and start all over. New players are probably not rushing to buy the game.

    Also, I wonder if there is some way to glean how big the playerbase is, and how many new players are buying D3, by analyzing auction house trends.

  16. The game is maturing. Those rares that you are trying to sell. Ask yourself a question, do you want to use them? If the answer is no, why would anyone else want to use them?

    Simply put, people have matured their characters and are now looking for upgrades, and for most of us, those upgrades are the high-end legendaries and near-perfect rares.

    The economy in HC is completely different, and that’s because of the item sink. However, in SC, assuming you play all 5 classes. You will only need 60 items. That’s it. Can’t keep selling the same mid-tier rares to the same people over and over. Unless there is a huge influx of new players, this will continue and it will just get worse.

  17. I just came onto your post and found it quite interesting. I am also associated with sell house fast, quick house sale, sell house quickly, and love to enjoy the stuff on the same as its rarely found on internet. Thanks again for writing such a good post.

  18. “Quote: These pants did not sell for 111k, but I cut the price to 94,444 the next day, and they did sell at that. Which is a fairly rare state of affairs in the GAH these days, as you can see by the many other non-selling auctions in my recent results.”

    You did sold the pants for 111.111gold but Blizzard takes 15% off your selling prince so its not weird at all. That will make the gold you get 94.444gold.

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