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Tuesday, January 31, 2012

AUCTION HOUSE: Clarification on Placing and Filling Orders

The weak economies of Arkadia and Rocktropia are in dire need of supply and demand. Yes, the supply is there, but it does not do any good for the crafters if the materials and ores are all trade terminaled. But, it is a huge risk to post large amounts of listings and ores, and have to wait for them to sell when you want to keep playing but have no peds. So my goal here, is to encourage you crafters to place orders for the materials you need... It tells the people selling their materials that ok, I have a market for it. In order for crafting to be viable, we must convince people not to TT any of the materials we need, or we really can't craft. Those of you who do thousands of click runs on calypso... You have the benefit of a steady flow of ores from the huge economy, and from the asteroid, and all other destinations. Calypso is the lifeblood of EU. But I want to see all the other planets become viable as well.


So... In order to place an order... You must click the orders tab. Then, you must click on the "available" tab. In order to find the item you wish to order (no L items may be ordered), you must go through the list one page or 10 pages at a time, and select your item. Then, you may place an order for it, it costs 1 ped per day of the listing regardless of quantity or peds ordered of that item. You set the maximum markup you will pay, and the WHOLE amount for that order will be deducted from your ped card.


If you order 100 narcanisum at 125%... And someone sells 90 ingots at 120%, the 5% difference is refunded to your ped card at the time you purchase those ingots. You have the option of leaving the remaining amount of the order up, or you may take it down early to obtain the rest of the funds that are still reserved for it.

Please bear in mind, it is not economically feasible for people to fill orders below 105%, the exceptions are for residues in large quantities. However, refined oil, the refiner decay alone brings the cost of this to 105%, so a note here: NEVER fill orders for oil for less than 105% unless you like throwing away peds! I've learned this from doing!


And a reminder...


TO FILL orders...


Click the orders tab. You may search if there is a lot of listings, or browse... Or sort by markup... When you find an order you wish to fill... Your listing MUST have the same quantity or less, and be AT that markup or under in order for the order to fill (buy out price). If you do NOT meet these requirements, the order will not fill.


Orders can change from hour to hour, minute to minute, day to day. What isn't ordered now, may command a huge price tomorrow because someone wants to do an emergency crafting run on something.

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