View Full Version : $1.25 RMAH item fee replaced with a 15% fee
Hey People
You might of noticed in the RMAH in beta the fee is being displayed as 15% for a item, and a 15% fee does come of the item when sold "I tested it".
Looks like blizzard whats a bigger cut of the sales "on items that sell for a decent amount"
It makes sense from them to do it this way as a % fee on the sale of a $100 item gives them far more profit than a flat fee.
There is no official word on this yet, but perhaps it will carry over to release.
What do you think ?
Hopefully. The flat fee would have killed the RMAH for low value trading which would be silly, imo.
This is good news, I wounder if they will scrap the minimum listing price if they are going with the 15 % fee now.
Listing commodities and gold is 15%. It has always been like this. When you tested it, did you try to sell equipment, or a commodity?
Unless equipment is now also reading 15%? Can someone check this, I'm at work.
Nevermind, confirmed to be right!
Coolhwip
13-04-2012, 02:17
Trying to check this, but servers are down due to the "hotfix" they applied earlier.
Listing commodities and gold is 15%. It has always been like this. When you tested it, did you try to sell equipment, or a commodity?
Unless equipment is now also reading 15%? Can someone check this, I'm at work.
Nevermind, confirmed to be right!
Yes, thats what I'm saying items are now 15 % same as commodities.
snowcatcher
13-04-2012, 07:19
Omg, 15% is huge ffs, no company/institution takes such a great fee for any service...
i think 15% is too much for high value sales, it is fine to charge 15% up 30$ and then decrease the fee the higher the value gets, but thats just my opinion.
if they keep 15% fee, independant of sellvalue, and paypal charges another 15% for chashout i wouldn't be surprised if the best and most expensive items are sold via 3rd party sites.
Coolhwip
13-04-2012, 09:25
Confirmed, 15% fee on both auction houses for commodities and items.
snowcatcher
13-04-2012, 11:17
Haha, now nobody will sell end game items via the rmah, 1 month from release i see this and many other d3 forums flooded with weapon drop threads, offering email for contact and price of the items...
now THIS could kill the RM economy. I don't even know if I'd use it if the cut is that high, and I've been excited about this for months.
GamingBinary
13-04-2012, 12:17
Its pretty logical from a bussiness point of view, and for your average joe wanting to sell that nice drop he got for abit of side cash, the only way to do it. If they don't setup the fees to increase proportional with the trading, what is to stop some hedge fund coming in and throwing a couple hundred thousand at this?
Catastrophe
13-04-2012, 12:36
15% is better because most items will be cheap. Now things can be sold for what they're worth.
In the old system, if you had a good (saleable) unique item that was 'only' worth as much gold as a dollar would buy, then you had to list it on the GAH. Say for example that a String of Ears is worth $1. You might want to offer someone the convenience of buying it for a dollar, but you could not. Instead, that person would have buy gold with their money and then buy your item. That's double fees for a single purchase! (Granted, the second fee is in gold.)
A few weeks a ago I jokingly called spending real money on the game a brilliant gold sink. On one hand, it would've been good for the game's economy. On the other hand, it would've made people feel bad.
I like the change, you now get $1.27 back on a $1.50 sale instead on 0.25.
Lots of $1.50 sales xD
Apple takes a 70% cut of all app sales on their Ios market.
Google takes 30%.
Not quite the same thing, but it's worth mentioning.
15% is fine if everyone get used to it.
Haha, now nobody will sell end game items via the rmah, 1 month from release i see this and many other d3 forums flooded with weapon drop threads, offering email for contact and price of the items...
ridiculous
people will still use the RMAH because its safe and secure and payment is guaranteed and easy
yep, safe and secure that will reduce your income by a 15% fee, and an additional 15% goes to paypal if you want to cash out.
ridiculous
people will still use the RMAH because its safe and secure and payment is guaranteed and easy
True, I would rather use the RMAH than to incur a 100% loss.
yep, safe and secure that will reduce your income by a 15% fee, and an additional 15% goes to paypal if you want to cash out.
Lol, wrong
Haha, now nobody will sell end game items via the rmah, 1 month from release i see this and many other d3 forums flooded with weapon drop threads, offering email for contact and price of the items...
Ye well I still won't do it, don't want to get banned...
Oh well, nice while it lasted.
Turns out to be a config error and not true. Back to the $1.25 fee we are .
Capt Goodman
13-04-2012, 19:01
Personally, I'm not going to be that much into the RMAH, but here's my two cents on how it should be broken out.
~10 active auction cap
- 15% fee on items being listed for $10 or less, so there is at least a profit on items priced cheap
- $1.50 + 5% (possibly 10%) fee for all items listed >$10
Thoughts? (And yeah, I saw the % was just an error, but it got me thinking)
Well, that was fun while it lasted, really hoping that they expand the listable items beyond ten but whatever.
galzohar
14-04-2012, 13:35
I still don't understand why they insist on killing any RMT for items worth less than at least several $. I mean, any item under 4.5$ will be better sold for gold on the GAH and then selling the gold on the RMAH, getting hit by the 15% fee twice (rather than 1.25$ fee once), for a total of 27.75% fee! And, of course, the items worth more than 4.5$ will be a tiny minority of all the items that people will actually be interested in buying/selling.
I still don't understand why they insist on killing any RMT for items worth less than at least several $. I mean, any item under 4.5$ will be better sold for gold on the GAH and then selling the gold on the RMAH, getting hit by the 15% fee twice (rather than 1.25$ fee once), for a total of 27.75% fee! And, of course, the items worth more than 4.5$ will be a tiny minority of all the items that people will actually be interested in buying/selling.
This is one of their best idea. They want the RMAH to be the cleanest possible. The auction houses will not be separated in little servers like in WoW or others MMORPG. Every zone will have a common RMAH used by hundred of thousands, maybe millions of players. Addons to facilitate the browsing of the AH will not be (legally) available and the last thing everyone want is seeing 1907439286347693 unique stack of 1x magic essence at the auction house(I know it doesn't work like that for craft materials but you get my point), searching for a nice quality/price item will already be fastidious enough in the gold AH.
If it can filter the good pieces per level tiers like if you are searching for set or legendary items for level 1-10, 10-20, etc and not have everything any player didn't want to wear, I will be a happy diablo hunter.
galzohar
14-04-2012, 21:44
They could always just let you simply filter for items that cost 4.5$ or more, and you'll get pretty much the same results you get now when it comes to "removing trash items from the RMAH".
I think the primary reason why they are sticking to this monster $1.25 fee and not having some kind of more appropriate structure is due to the cost and liability associated with each transaction. They need to have full auditing, need to provide links between them and financial institutions, need to use precious DB utility etc.
In other words, its not financially / technically viable for them to make 15c from a single transaction, and have millions more transactions with less than $1.25 in fees.
galzohar
16-04-2012, 00:14
I wonder how true this really is... You'd think the main cost would be the infrastructure and maintaining it (regardless of how much it gets used), rather than be mostly a per-transaction upkeep cost. While the latter might justify Blizzard's choices, it doesn't explain why they still allow gold and commodities to be traded with a 15% fee, with potentially very low-value transactions that supposedly won't pay off for them.
I wonder how true this really is... You'd think the main cost would be the infrastructure and maintaining
it (regardless of how much it gets used), rather than be mostly a per-transaction upkeep cost. While the latter might justify Blizzard's choices, it doesn't explain why they still allow gold and commodities to be traded with a 15% fee, with potentially very low-value transactions that supposedly won't pay off for them.
Because no one is going to pay $1.50 for 1000 gold or a hundread essence.
The situation in beta at the moment is gold can be listed for as little as 0.01 as long as the total sale value is least 1.00 beta buck.
So for example, if you were selling 10,000 gold at 0.10 that would equal the minimum sale price of $1.00
Right now gold is selling 10,000 @ 0.07
While the latter might justify Blizzard's choices, it doesn't explain why they still allow gold and commodities to be traded with a 15% fee, with potentially very low-value transactions that supposedly won't pay off for them.
I thought of that, but there actually is a reason - commodities and gold are pooled, which means the transaction "cost" to them may be lower. ie the stack goes in with an existing pool so when someone buys 50 at a time, they sell it as 1 bulk transaction.
Blackstream
16-04-2012, 20:16
Right now gold is selling 10,000 @ 0.07
It's selling that low already on beta? I really don't have high hopes for live gold selling then...
If it falls to the floor of 1 cent per 1000, that means to hit even $4 an hour, I have to farm up about 400k gold an hour, which is about... 10 times as much gold as people are farming right now. It might be doable considering I think current numbers of like 35k an hour are being done with about 200% gold find, and 1000% should be possible, and higher difficulties will have higher drops but... I think I should be more worried that if the gold prices fall to the floor, people might start going to 3rd party sites to buy 10k gold for 5 cents (1 million gold for $5!) or something.
It's selling that low already on beta? I really don't have high hopes for live gold selling then...
10,000 gold is absolutely nothing.
Especially when you will be getting thousands of gold per drop in hell / inferno.
Blackstream
16-04-2012, 20:26
10,000 gold is absolutely nothing.
Especially when you will be getting thousands of gold per drop in hell / inferno.
Yeah, I realize (although thousands of gold per drop might be pushing it. There maybe be the occasional spike drop, but I doubt it'll be stacks of 1k gold, because iirc gold stacks stop sharply rising after a certain point in normal and then it goes up kind of slowly). I'm just worried that the prices will fall so low that the current system won't be able to support the prices people want to buy at.
It's selling that low already on beta? I really don't have high hopes for live gold selling then...
If it falls to the floor of 1 cent per 1000, that means to hit even $4 an hour, I have to farm up about 400k gold an hour, which is about... 10 times as much gold as people are farming right now. It might be doable considering I think current numbers of like 35k an hour are being done with about 200% gold find, and 1000% should be possible, and higher difficulties will have higher drops but... I think I should be more worried that if the gold prices fall to the floor, people might start going to 3rd party sites to buy 10k gold for 5 cents (1 million gold for $5!) or something.
Yep today you can buy 100k for 0.11 per unit.
This is beta and can't be taken as a reflection of how the real market will be.
Blizz will have to keep gold viable or the AH with be a failure and they don't want that.
I think gold will sell for between 0.05 and 0.10 per thousand in release, but we will not know anything until we see the live auction house.
After all this thinking for months, I'll click the AH button before "start game" once I've installed just to see wtf is going on in the markets with gold and items, can't wait : ) Hopefully can sell my first 1k gold for $0.50 I'll be happy. Gold will be very high the first week but will soon fall as millions of gold are pumped into the market.
do not infer market behavior from the beta.
no one is pushing to maximize their crafter to max leve,l and the very small pool of affixes mean people hit perfect gear with startling regularity. no one is dealing with real money. beta bucks have no function aside from being spent and for a handful of people, accumulating as many as possible as a diversion. you all must be on a different server tan me, because the rate was ten beta backs per 1k gold when I checked last night, and I still didnt put any of my gold up at that rate.
What is more interesting, is the changes to how you can list gold. You can now list it for less than $1.00, as long as you sell enough to be worth $1.00. Same for commodities. News post forthcoming.
do not infer market behavior from the beta.
no one is pushing to maximize their crafter to max leve,l and the very small pool of affixes mean people hit perfect gear with startling regularity. no one is dealing with real money. beta bucks have no function aside from being spent and for a handful of people, accumulating as many as possible as a diversion. you all must be on a different server tan me, because the rate was ten beta backs per 1k gold when I checked last night, and I still didnt put any of my gold up at that rate.
You must be looking at the wrong number or something, today gold was selling for 1k @ 0.04.
What is more interesting, is the changes to how you can list gold. You can now list it for less than $1.00, as long as you sell enough to be worth $1.00. Same for commodities. News post forthcoming.
Yep, quoting my post from yesterday.
"The situation in beta at the moment is gold can be listed for as little as 0.01 as long as the total sale value is least 1.00 beta buck.
So for example, if you were selling 10,000 gold @ 0.10 that would equal the minimum sale price of $1.00""
Also worth adding, you cannot buy less than 1.00 beta bucks worth of gold, it will not let you buyout until your order is at least $1.00.
So looks to be the same for both selling and buying.
huh, yep, .04 bb a pop today, beta
still, its nothing like the economy will function
huh, yep, .04 bb a pop today, beta
still, its nothing like the economy will function
You sound like your hoping 0.04 will not happen in release : )
I would not be surprised if we see 0.01 on release.
Who knows until we see day 1 gold sale prices and if anyone is even buying.
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