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Secrets of the Grand Exchange
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~ Applications of GE Mechanics ~
So why does all this matter? And most importantly, why should you care if you aren't a flipper, but are a skiller or monster-slayer just looking to get the best prices for your loot?
Well I've already touched on how you can apply this knowledge to flip items in the above sections of the guide. If you're just looking to sell your hard-gained items at the best prices possible, though, here's my first suggestion:
--> Don't instant sell them! <--
You can *always* do better. How? Well again, let's return to this rune 2h example. Suppose you have 2 that you want to sell.
Sell @ 40k
Sell @ 38k
Buy @ 36k
Buy @ 34k
Instant selling them would yield 70k. But instead, you can do this:
Instant buy 1, then sell all of them just under that price. This would yield a loss of 1gp on the first sword BUT would gain you an extra 6K on all the others, leaving you with nearly 10% more money than if you instant sold them.
Now admittedly this example is somewhat contrived. But why not take a bit of time to squeeze another 50-100k+ out of your skilling items? This is entirely possible if you just have a bit of patience.
What if you're looking to *buy* a bunch of skilling supplies at a cheap price? Well a similar piece of advice applies:
--> Don't instant buy them! <--
You can always do better. To get the best deal, instant buy and instant sell 1 item to find out the margin. Then buy the rest of your items just above the instant sell price. This can save you a lot if you are buying mass supplies.
Also, skilling items can drop momentarily when people insta-sell large quantities of supplies, so if you're using red chins, dhides, dragon bones, or the like, you could try leaving in a lowball buy offer (10-50gp under instant sell price) overnight. You might be surprised how much you save.
That's all for now -- you can now post.
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So why does all this matter? And most importantly, why should you care if you aren't a flipper, but are a skiller or monster-slayer just looking to get the best prices for your loot?
Well I've already touched on how you can apply this knowledge to flip items in the above sections of the guide. If you're just looking to sell your hard-gained items at the best prices possible, though, here's my first suggestion:
--> Don't instant sell them! <--
You can *always* do better. How? Well again, let's return to this rune 2h example. Suppose you have 2 that you want to sell.
Sell @ 40k
Sell @ 38k
Buy @ 36k
Buy @ 34k
Instant selling them would yield 70k. But instead, you can do this:
Instant buy 1, then sell all of them just under that price. This would yield a loss of 1gp on the first sword BUT would gain you an extra 6K on all the others, leaving you with nearly 10% more money than if you instant sold them.
Now admittedly this example is somewhat contrived. But why not take a bit of time to squeeze another 50-100k+ out of your skilling items? This is entirely possible if you just have a bit of patience.
What if you're looking to *buy* a bunch of skilling supplies at a cheap price? Well a similar piece of advice applies:
--> Don't instant buy them! <--
You can always do better. To get the best deal, instant buy and instant sell 1 item to find out the margin. Then buy the rest of your items just above the instant sell price. This can save you a lot if you are buying mass supplies.
Also, skilling items can drop momentarily when people insta-sell large quantities of supplies, so if you're using red chins, dhides, dragon bones, or the like, you could try leaving in a lowball buy offer (10-50gp under instant sell price) overnight. You might be surprised how much you save.
That's all for now -- you can now post.
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11-Jun-2012 10:30:31 - Last edited on 20-Jan-2019 02:25:28 by Finance
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