Items being sold way under cost :(

[+Colibri]

Well just a quick comment on that,
this has happened a long time ago as well, competing vendors were trying to lower and lower prices, to draw the crowd.

Now, fortunately, or unfortunately, it's a free market. Anyway, would be pretty much impossible to monitor all the prices. But still, i'd like to ask all players out there to just play nicely, also let others have a share. Enjoy

[amadman]

Thanks for stopping in +Colibri

Yeah... I am glad its a free market and I dont feel that it needs monitoring or anything like that.

But as suggested above maybe players could set up some kind of pricing list and pricing formulas to help people that are looking for prices to use. I know it would help me and I do wonder how much of the problems are do to people just not knowing what things are worth.

[OldManAlewar]

easy way to moderat prices on resources (and thsu what is crafted with them) if NPC's buying the base resource

its basically what has set the price for ingots, and to some minor extent leather: youre not gonna (iron in this case) sell for 5 if the NPC will give 9.

if we had an NPC that would buy the different types of base resources at steeply increased prices, you automagically set a price for the product, and the gear required to obtain said product.

if its good enough for the US housing market, its good enough for UO ... *ducks*

[Sorgon]

Wow Old man That truly made me laugh so hard my coffee is now in my keyboard.....

[Highroller]

I agree prices seem to be on an upward spiral but its mostly supply and demand. Demand is high with all the new players so that pushes prices up. I have even raised my prices on maxed frenzied ostards because they were selling so fast I almost ran out. Same on maxed Cu sidhes. Once more people are breeding and selling maxed ones and the supply goes up prices will drop I figure. When I have stuff that sits on my vendor and doesn't sell I drop the price to increase chances of it selling. As for people selling lotted stuff lower than crafted stuff its usually because looted stuff is not as good. A suggested price guide woudl be helpful but be REAL hard to keep it current.

[Undertaker]

e x a c t l y what highroller said... and what everone else is saying, even tho its not set in stone, it will be out dated in a weeks time...

[amadman]

it will be out dated in a weeks time...

This may be true but....

If a player has no idea what that price is then they are not likely to be pricing it at the current price anyway.

So why not give them a basic idea of a price to start at?

[Aksala]

This is so true, if people don't know the price its worth, then they sell for what they want to get out of it. I know for example, I got a blank recipe the other day, had NO CLUE what it was or what it was worth, and I asked on chat numerous times, and no one seemed to know.. I figured I had no use for it, so I threw it in a vendor for 25k. Now maybe that was too high or too low, regardless, it sold in a few hours. I was happy. So the price does not always matter. A free market is great- it keeps the greedy in check, and it also helps to regulate the economy. I figure if people don't like the low prices, then buy there stuff low and sell it in their own vendors high - in any rate, many people forget this is a game, it is designed to be fun. Lets have fun and "cant we all get along" - lol

[amadman]

Thanks Aksala, I agree. I really am not looking for any regulation on prices either. Just a little info for people that are looking for it.

Also I wanted to let people know here that Dark Tyranny posted a thread on possible prices here:
http://www.uoex.net/forum/viewtopic.php?f=11&t=1455

Thanks again Dark