Friday 15 June 2012

Buy Low... Sell High? No. Buy Low... Sell to Vendor!



First off, welcome to this new blog about making some gold on the brokerage. Here I’ll be giving multiple tips and guides on how to make money on the Brokerage within Tera Online. In all honesty, when I first started working on the Brokerage I noticed that making money on this will be far harder than most of the simple World of Warcraft Auction House tactics. Mainly because since Tera’s release the actual market has not settled properly yet. A large amount are still levelling or have been getting to 60 over the past few weeks so there has been a lot… and I mean A LOT of fluctuation in the market which I’m sure some of you avid Brokerage users have noticed. Prices of crafting materials are incredibly low at the moment… especially endgame crafting materials as everyone has them but hardly anyone is at a high enough crafting level thanks to some runes in the game being so rare to get lots of.


So as of now, the market is still settling and fluctuating… what is money-hungry Castanic like me to do? Well here is one of the most well known and simple ways of making a few extra gold. I can go through all the ways you can make gold through farming and such which I will talk about in the near future but first I am going to explain one basic principle of making money in any MMO which has some kind of Auction House.


Due to early fluctuation in Tera I’ve noticed the easiest way to make money is by simply buying things cheap off the Brokerage and simply selling to a Vendor. The sheer amount of stuff on there that is cheaper than Vendor price is quite insane at the moment, especially without any addons telling you what the vendor price of an item is unless you go to a Vendor. So what I suggest is that when you have some items, mainly any kind of equipment… y’know weapons and armour. Check out its Vendor price then check that exact item on the Brokerage too. If the sale price of the item is cheaper on the Brokerage than the Vendor price. BUY IT! Now you’ve automatically just made profit. It may only be 1 silver or maybe even a few gold but it’s profit!


Now this is pretty basic and I would say this is more beneficial for lower level players who might want to sink their low income at the beginning into higher level items just so they can get a little more cash but this is still a totally untapped market which in other games has been tapped mainly due to addons making it far easier to use things like the Auction House in Warcraft as an example. Unfortunately we won’t be receiving addons in Tera from what I know but if you are willing to do a tiny bit of work I would say you can easily earn an extra couple hundred gold a day just by checking the Brokerage for cheap items which you can just Vendor off. You could even use these items and extract crafting materials from them. Although in the future I do think will crafting materials will go up a bit more in price. And in that case you could possible extract the items and make a bigger profit that way. However that is only speculation for now…



So, buy low from the Brokerage and sell back to the Vendor for PROFIT! Be sure to check the Vendor prices before buying and Vendoring though!


I hope you enjoyed my first post and will keep your eyes on The Tera Broker and my simple methods on making gold in the beautiful world of Tera. Expect more posts in the very near future which will be discussing multiple methods of making money in Tera. To all readers, I wish you the best of luck!

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