Account Flipping (BUY LOW SELL HIGH!) Great Way To Make Gold?

[xfirefly88x]

So I recently received the Tycoon Gold Auction Addon. (By Means of Sailing the Seas if you catch my drift. Yoo Hoo!)

For those of you who do not know what it is ill give a simple quick explanation. It uses data gather through Auctioneer or Auctionator and Creates a List of items with the most gold increase if you buy it out right now and resell it for the price it shows. Basically its an easy way to "Stock Market" in WoW. (The Addon is Legal and does not endanger your account)

My Question is, Is Auction Flipping Worth the time and effort over Just Aimlessly farming mats, prospecting them, or D/eing them? I know there are some people out that can make a good amount of gold in a day just by buying a few auctions and relisting them, But the annoyance comes when that item doesn't sell. or Those Annoying undercutters cut you by more than 30%.

What do you think?

 

[rinleezwins]

I farm with 2 chars in Uldum and mail the ores to my ench/jc char. Once a day I log on that ench/jc char and use a profile to prospect all the ores, craft greenies and d/e for mats. I vendor all the blue gems except inferno ruby, I sell all the mats (i put them up for 48 hours as the deposit for ench mats is only 1 silver). I still do nothing by myself and take out 20-30k gold a day.

I tried doing what you are asking about but you would have to use the ahbot and get annoyed by undercutters a lot.

 

[RayVanHalen]

Reselling stuff is one of the oldest ways of making gold in WoW, on par with farming. If you have knowledge of the market and tools to apply it with (Auctioneer, Auctionator, TSM & TheUndermineJournal), checking AH every hour or so for unreasonably lowly priced items can score as much as a daily amount of gold from farming. However, you can't rely on it as on your exclusive gold source, because nothing is guaranteed on this market. Combining reselling and usual routines is the way to go.

 

[zuabros]

No legal thing will ever outprofit botting.

 

[Goshinki]

No legal thing will ever outprofit botting.

Maybe a bot to use these "steal priced" items and auto re-post them at a user selected mark up price >.>

Make it a plugin so when your posting your normal things in the AH you can be buying things as well.
(Gatherbuddy and "AH Flipping")

 

[ahoekstra]

I farm with 2 chars in Uldum and mail the ores to my ench/jc char. Once a day I log on that ench/jc char and use a profile to prospect all the ores, craft greenies and d/e for mats. I vendor all the blue gems except inferno ruby, I sell all the mats (i put them up for 48 hours as the deposit for ench mats is only 1 silver). I still do nothing by myself and take out 20-30k gold a day.

I tried doing what you are asking about but you would have to use the ahbot and get annoyed by undercutters a lot.

Mind sharing the profile you'r using for prospecting and creating and de'ing?

 

[Croga]

(i put them up for 48 hours as the deposit for ench mats is only 1 silver)

The deposit is low but the AH cut is higher, the longer you put it up for. If you sell, you get your deposit back.
Items with a low deposit but high price are best put up for as short a time as possible and relisted as often as possible. That way the AH cut will be minimized.