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Diablo III Auctions Detailed

[May 01, 2012, 9:05 pm ET] - Share - Viewing Comments

Blizzard announces a new Global Play functionality for Battle.net to allow Diablo III players to play on servers in different regions. They also announce a new Auction House Website for the action/RPG as home to the in-game auction functionality in the action/RPG sequel. This FAQ has all the details, including how the house rake will work:

In the gold-based auction house, a 15% transaction fee will be deducted from the final sale price of a successful auction.

In the real-money auction-house, for equipment such as weapons and armor, a fixed transaction fee will be deducted from the seller for each piece of equipment successfully sold. This fee is assessed only if the item is sold. For commodities such as crafting materials, gems, gold, and other “stackable” items, a 15% transaction fee will be deducted from the total sale price.
[…]
Note that additional fees apply for players who choose to receive the proceeds of their successful auction via PayPal™ (in regions where this option is available). See the Functionality section of this FAQ for further details.

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122.

Re: Diablo III Auctions Detailed

May 3, 2012, 19:44

Bhruic

If something sold for $30 yesterday on the RMAH and someone is stupid enough to post say five of the same item at $2 each instead...the people gaming the AH will buy up those $2 items and repost at $30 each. You know, I might have overreacted on Blizzard. It's entirely possible - plausible, even - that this is the real reason for the 15% fee, to stop people from doing stuff like this. Obviously not with this extreme example, but when I was playing previous MMOs, I enjoyed cornering the market on certain products. If people undercut me, I'd just buy their products and relist at my higher price. But by putting in such a high seller's fee, they really clamp down on that hard. Unless people put up pretty extreme price differences (like this example), market cornering will probably not happen - which is good for buyers. If that was their intention, then, well, kudos to Blizzard.

Subject

Comment [quote="Bhruic"May 3, 2012, 19:44]q[If something sold for $30 yesterday on the RMAH and someone is stupid enough to post say five of the same item at $2 each instead...the people gaming the AH will buy up those $2 items and repost at $30 each.]q You know, I might have overreacted on Blizzard. It's entirely possible - plausible, even - that this is the real reason for the 15% fee, to stop people from doing stuff like this. Obviously not with this extreme example, but when I was playing previous MMOs, I enjoyed cornering the market on certain products. If people undercut me, I'd just buy their products and relist at my higher price. But by putting in such a high seller's fee, they really clamp down on that hard. Unless people put up pretty extreme price differences (like this example), market cornering will probably not happen - which is good for buyers. If that was their intention, then, well, kudos to Blizzard. [/quote]

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