|RMAH Riches Too Good to Be True?|
See Blizzard Source for delaying the RMAH, new fees, and more FAQ.
Blizzard has postponed the highly anticipated Real Money Auction House beyond the initial release of Diablo 3. Their reasoning seems sound, as they are more interested in servers working and solving stability issues rather than allowing players to sell items to one another. If you had a chance to try the beta, then you know that there were times when auctions took FOREVER to get back to you and items took minutes to get from your completed tab to your shared stash. There was also the case of items just disappearing, gold not being sent back to you, and a host of other issues. Getting the bugs out and the servers working before the RMAH goes live is a really good idea.
On the down side, we've all been brainstorming about how to make money in the first week of the game. Hell, I've been trying to figure out the best way to capitalize on the first three hours of the game, let alone the first week. A lot of people might think that it's time to crumple up that piece of paper, metaphorically speaking, and start anew. However, I believe that the same strategies will still bring in considerable amounts of gold, just not real money. You can then take this gold and invest in your artisans and your character to make money later.
The idea is to create for yourself as many money making options as possible so that you're prepared for when the RMAH does indeed go live. Options include the ability to combine gems, craft high level gear, and have a nice stockpile of auctions waiting to be sold. One thing I'm going to pay attention to during the first week are deals on the gold auction house. You know, people who don't know what they're doing will be posting for way too little. Don't be surprised when vendor items start showing up on the auction house for less than they're sold for or salvage worthy gear showing up for less than the price of the resulting crafting materials.
Players will definitely be in a different place a week later than they would have been on day one with the real money auction house, and who knows if the RMAH will even be available after the first week. Delays could happen and unforeseen issues could always pop up. But we as players can prepare and be ready to make serious cash when the RMAH game is finally playable.
There are opportunities here simply because players are going to be forced to play the auction house with very limited funds at first. Whereas with the RMAH players could have bought in and grabbed lots of gold, that option is completely non-existent now. That's AWESOME as it could lead to people selling items for far too little (just to make some gold right now) with no thought as to how we, the astute and far thinking auctioneers, can take advantage of them for future profit.
One last note, which I will probably touch on in the near future, is that everyone seems to believe that the best route right now is to stockpile gold and then dump it on the RMAH as soon as it's functional. However, I expect the price of gold to plummet, maybe even as far as its lowest threshold ($1.00 per 100,000 gold) and therefore selling it, although appealing initially, may not be the best course of action. I'll be working hard to try and come up with alternative strategies, such as providing players with what they want to spend all that gold on in the first place. Stay tuned, but now it's time to look at the fees...
Massive Fee Changes on the RMAH
Besides the delay news, I've also seen some pretty nasty fees associated with the RMAH announced today. For commodity auctions, if you want to cash out, then you're looking at a 15% sellers fee and a 15% transfer to PayPal fee. That's pretty nasty; potentially losing 30 cents on your dollar. However, all is not lost! My assumption from a few months back regarding PayPal dropping its fees for Blizzard just became reality. Here's a quick quote:
"PayPal will not charge any fees for transfers to them. You'll pay a 15% transfer fee to move any funds to your PayPal account, and then whatever you do with the money after that is between you and them. But the transfer to PayPal is 15%, and that's it."
This will allow Blizzard to get away with the recent increase in their own fees by adding that additional 15% for cashing out (now Blizzard takes 30% if you want to cash out on commodities directly to PayPal). This is great news, as having an additional PayPal fee would have made RMAH trading nearly impossible. Here is a breakdown of all the fees by region:
|RMAH Fees by Region|
RMAH Changes and the Perfect Solution
The world is not ending people. This is why I created a community and a guide that can adapt to changing rule sets. I knew from the get go that this kind of crap could happen, and that's why I created a platform for dominating the RMAH, instead of just a one time PDF. Think about all the other guides out there that just bit the bullet and have to start over (let's be honest, most "guides" are placeholders for future content currently). We don't have to start over though, because our strategies were for the long term and not reliant upon gimmicks or the details of the RMAH's release.
Expect lots of new strategies and brain storming at the Diablo 3 Gold Secrets site. We were built for this kind of turbulent news and it's going to be a fun, albeit bumpy ride. The forums are a buzz with new discussions regarding all these changes and I'd like to welcome you to join our community of over 330 auctioneers.