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Info About Price Checking

Discussion in 'Trade Market' started by Stag2001, Aug 21, 2018.

  1. Stag2001

    Stag2001 360 mlg hipster cat CHAMPION

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    Hi people of the trade market,

    Over the past months we (the Moderation team) have noticed that in a lot of scamming cases, the issue was simply that the buyer/seller trusted the prices of a single self-proclaimed "price checker", without asking around more or doing some research for themselves. This causes us a lot of extra work and can be easily avoided, which is why we made this thread.

    Price checkers aren't staff, they are regular players, just like you. They can say anything they want, but that doesn't mean that it's true. For example, I could make an alt right now, claim I'm a price checker and tell you your Stratiformis is worth 1 le, or that your 14 sp Prism would go easily for more than 2 stacks. Of course this is a bit of an extreme example, but that is basically what happens. You can't blindly trust what one player says, even if it is a well-known player, or a rich player, or someone that seems trustworthy. And even if their intentions are good, their market knowledge might not be as good.

    So, an easy way to fix this would be to ask more than one person to price check your item. The best thing to do would be to have it price checked by about 5 people, and then compare the prices. For example, person A says your item is worth 10 le, but person B, C, D and E say it's 5 le. Then your item is most likely worth about 5 le.

    Another way to do this is to price check your items yourself. You can do this easily by using the search function. Simply click on advanced search, enter the name of the item you want to price check, and then select the trade market forum. Then click search. You'll see a bunch of threads where the item is mentioned. Simply look for the most recent threads with the item you're looking for that has similar ids to yours, and take a look what it sells for at that moment. Just like in the above method though, don't trust only one thread. Try to find as many as you can, but do keep the date in mind. If it's a really old thread prices might not be accurate anymore.

    Also, if you haven't already, please read this thread for more information about the rules of the trade market.

    I will leave this thread open for discussion. If you have any questions, feel free to post down below. Thank you for reading, we hope this will help you with getting better price checks, or with price checking your items yourself.
     
  2. PikaPrince

    PikaPrince Famous Adventurer HERO

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    yes finally we needed this thread.
     
  3. Minkashev

    Minkashev Well-Known Adventurer

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    I thought this information is obtainable through using common sense
     
  4. Ceciliya

    Ceciliya Fallen Factory Addict CHAMPION

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    Seems obvious to me that this would be the most optimal things to do lol
     
    by2011 and PikaPrince like this.
  5. SilverMirror

    SilverMirror Retired IM HERO

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    Impo it’s not about common sense or not. There are people that uses “famous pricecheckers” to get a favourable quotations for mythics/items of their own liking, and use it to their advantage in purchasing or selling stuff. People that do that are likely frequent traders themselves but they would do so to pretend to offer an “objective” pricing for the items in question to pressure the opposite party into doing what they want.

    Imagine you are selling something that you are unsure the pricing of even when there are multiple people price checked it but they’re not sure, and then someone came in and say “xxx top best rich platinum player said it’s worth x stacks”, even you would likely to comply.

    So an official notice that put this “common sense” up front is simply a nice QoL statement from the real and official authority of the game. Not an understatement of people’s stupidity for not realising said common sense.

    That said, an experienced trader’s pricing can and might still be accurate over some amateur traders’ depends on different circumstances. Therefore ultimately it is very important for everyone to objectively critique their own items instead of plainly relying on other’s words.
     
    Runerin, NicBOMB, dargonlrod and 4 others like this.
  6. PikaPrince

    PikaPrince Famous Adventurer HERO

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    O no
     
  7. CreepaBoy

    CreepaBoy A Random Skrub VIP+

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    d-d-d-d-dabbbbbbb
     
  8. MrHmar

    MrHmar hi CHAMPION

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    How much this godly aries can be wroth :/
    aries
     
  9. Glenncrafter

    Glenncrafter A Collector & Proud Veteran CHAMPION

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    I wonder who will have the last post before thread gets closed and will forever stay on peoples top right corner of their trade market page 1 screen
     
  10. Goden

    Goden Everlasting Excellency HERO

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    It's kinda interesting this was brought up, since whenever I was selling mythics awhile back (month ago or so, I'm pretty much done reselling now though so /shrug market might've changed), I'd always get the question of "who pc'd that" whenever I advertised a mythic

    and no that's not because the prices were absurd

    usually

    happened for multiple items I sold awhile back though when I simply said "Selling <mythic>"
     
  11. ADI4N

    ADI4N Newbie Adventurer

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    How much are glitched pelier helmets worth. (i think they arent worth much)
     

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  12. Stag2001

    Stag2001 360 mlg hipster cat CHAMPION

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    You're not allowed to sell glitched items. You can keep it or throw it out, but if you sell it you will get banned.
     
  13. AmbassadorArt

    AmbassadorArt Protesting bad changes since 2019 VIP+

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    As I've said in the past about pricechecking and ambiguity in general; "one person's words aren't law." I'm glad that the staff team has highlighted this issue forwardly, and will hopefully reduce the amount of drama, buyer's/seller's remorse, and ban reports.
     
    NicBOMB and Stag2001 like this.
  14. ADI4N

    ADI4N Newbie Adventurer

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    Good to know :-)
     
  15. Glenncrafter

    Glenncrafter A Collector & Proud Veteran CHAMPION

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    Bruh you got some balls asking that in a thread of a mod :p
     
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  16. Muchwag

    Muchwag Don’t call me Poliwhirl! VIP+

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    What about Larz, he is never wrong
     
  17. Paladinen

    Paladinen The Paladin CHAMPION

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    It would be cool to have the last reply in a pinned thread :3
     
    Glenncrafter likes this.
  18. Glenncrafter

    Glenncrafter A Collector & Proud Veteran CHAMPION

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    Last post steal
     
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  19. Hyco

    Hyco Well-Known Adventurer CHAMPION

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    I really hope the thread helps some people to get better prices :saltedhigh:
     
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  20. Paladinen

    Paladinen The Paladin CHAMPION

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    Sorry but I implemented that I should have the last post