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Auctioneer

  Download the Curse Client

Last Update: July 24, 2008 (2 days ago)
Category: Auction & Economy, Mail, Other, and Tooltip
Tags: auction, hunter, item, sell, and trade
Project Manager: MentalPower
Website: visit
Current Version: Auctioneer 5.0.0.PRE.3262 FULL
(for World of Warcraft 2.4.3)
Downloads Today: 3,890
Downloads Total: 6,840,023
Favorites: 21,937
Comments: 1,366
Main AuctionHouse Window with AAdv CompactUI

Main AuctionHouse Window with AAdv CompactUI

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Created On: Oct. 23, 2006
Compatible:
Localized:
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  • About Auctioneer
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What is Auctioneer ?

Auctioneer is an addon that allows you to view information about an item that may be useful in helping you determine what it's worth.

Straight out of the box, Auctioneer knows much about many items in the game, and will tell you many things about the item when you move your mouse over the item in the game.

Right at the start, the information that is provided (via the Informant addon) to the user is:

An example tooltip:

  • Linen Cloth
  • Buy 3 (0.55 each) 1s65c
  • Sell 3 (0.13 each) 39c
  • Stacks in lots of 20
  • Class: Trade Goods
  • Used for: Smithing, First Aid,Engineering, Tailoring
  • Quest items in 4 quests

So what does this tell the user ?

  1. It tells the user that they are looking at the item "Linen Cloth"
  2. The buy price (that you can buy this item from vendors for) for three of these items is 1 silver and 65 coppers. (which is 55 coppers each)
  3. The sell price (that you can sell this item back to the vendors for) for three of these items is 39 coppers. (which is 13 coppers each)
  4. This item can be stacked together up to a maximum stack size of 20 items
  5. Blacksmithing , First aid , Tailoring and Engineering professions all use this item in their trades.
  6. It is a quest-item in 4 quests.

Note: Items that you may not actually be able to buy from vendors still have a value in the game. This value determines things like deposit price and starting price at the auction house and repair costs for durability damage.

What is this scanning about?

Once a user moves to the auction house and beyond just buying and selling from/to vendors, the whole game changes. No longer is the user dealing with the static prices of the vendor to support their character's income. We are now dealing with the fluid and hectic nature of a dog-eat-dog market economy.

In such an economy, which is in a constant state of flux, it can be difficult to select the correct pricing points for your item at the auction house. Sometimes the prices and value of your items can be wildly different to the vendor price due to many factors, the value of items that can be made from your item, the use of a particular item in a quest, the suitability of a particular weapon or armor to specific classes, and the disenchantability of an item to enchanters.

Primarily, the driving factor of the price fluctuations, as in the real world is supply versus demand. When supply is high, but demand is low, competition drives the prices down, and conversely then supply is low, but demand is high, the market is driven into a sellers market.

What can Auctioneer do to help me ?

Auctioneer can help you alleviate this lack of market knowledge over time by watching the market evolve. When you go to the auction house for the first time after installing auctioneer, you will see a new button marked "Scan" at the bottom of the Auction window's browse pane. Clicking on this button will put the Auction window into an automatic scanning process which will look at the current market snapshot and record statistical data about the prices and quantities of items at the auction house.

Once the market analysis has completed, you will notice additional information about the items in the tooltips when you mouse over them:

An example tooltip:

  • Linen Cloth
  • Seen 4062 times at auction total
  • Averages for 3 items:
  • Starting bid (1.63 ea) 4s89c
  • Bids (10% 0.52 ea) 1s56c
  • Buyout (92%, 3.40 ea) 10s20c
  • Buyout median 7s35c
  • Last 35, median BO (ea) 2s50c
  • Scanned 20, median BO (ea) 2s45c
  • Suggested price for your 3 stack: 3.40 min / 4.26 BO
  • Undercutting by 5%
  • Buy 3 (0.55 each) 1s65c
  • Sell 3 (0.13 each) 39c
  • Stacks in lots of 20
  • Class: Trade Goods
  • Used for: Smithing, First Aid, Engineering, Tailoring
  • Quest items in 4 quests

OK, what is this new data telling the user?

The new data is displaying the market statistics from all auction scans. It is telling the user that:

  • The item linen cloth has been seen 4062 times in total due to scans of the auction house.
  • The average values for the current stack of three items is:
    • An average starting bid for 3 items of 4 silver and 89 coppers (1 silver and 63 coppers for one item)
    • An average bid rate of 10% (that is 10% of the 4062 items had bids) and an average bid of 1 silver and 56 coppers (52 coppers for one item)
    • An average buyout value of 10 silver and 20 coppers (3 silver and 40 coppers for one) was set on 92% of the 4062 auctions (Not all auctions need to have a buyout set, that is why the percentage is only 92%)
  • The most accurate median buyout (for 3 items) is 7 silver and 35 coppers
  • For the last 35 of these items seen, the per item median buyout was 2 silver and 50 coppers
  • The most recent scan of the auction house saw 20 of these items, and the per item median buyout was 2 silver and 45 coppers
  • Auctioneer suggests that the minimum bid for the 3 stack is set to 3 silver and 40 coppers and that the buyout price is set to 4 silver and 26 coppers
  • Auctioneer has determined the previous values by undercutting the market with 5% (for explanation see below)

OK, but what do these numbers actually mean?

Understanding of what the numbers are telling you can be the most difficult part of understanding this addon.

Let me tell you what this data tells me.

  1. The sample size is high. 4062 items, which means that we have a lot of information about the item.
  2. The auction house has some nibblers who are taking bids on the lower priced items in the auction house. 10% of the items have bids, however they are not coming close to the average starting bid (even lower than halfway toward it). This indicates that there are people looking for bargains on this item (likely to try and buy and resell it at a better price)
  3. The buyout rate being at 92% indicates that people are fairly confident that they know the value of this item.
  4. The Average buyout being about 2 silver 85 copper higher than the average median (around 40% of the median) indicates a varying price for these item, but still fair. When the difference between the average and the median is high, this indicates a market that is unstable, unsure of it's pricing point.
  5. The last median (historical median) shows the median value of up to the last 35 items, whereas the scanned median (snapshot median) shows the median buyout of only those items currently for sale on the auction house. The difference between these two values indicate a temporary market shift. The historical data being higher than the snapshot data means that the market is in a low for this item (buyers market) and conversely the snapshot being higher than the historical indicates the market booming for this item (sellers market)
  6. The other points are explained already in the previous section.

Selecting the prices to sell for:

If Auctioneer has enough data, when you try to put an auction up for sale, it will attempt to provide you with intelligent pricing points based upon the market data it has accumulated through scanning.

When you drag your item from your inventory window into the Create Auction item slot, Auctioneer will set a minimum price, a buyout price and display relevant data about it's decision making process underneath in the market analysis pane, as well as telling you how it arrived at it's prices.

An example auction 1

Based upon the Auction-tab description: (for more information see Interface Usage)

  • [ 3 ] Linen Cloth
  • Starting price
  • 3s 40c
  • Buyout price (optional)
  • 4s 26c
  • Auction duration
  • [ ] 12 [ ] 24 [x] 48 hour
  • Deposit: 12c
  • 35 historical 7s 50c
  • 20 last scan 7s 35c
  • Snapshot low 4s 50c
  • Market price 7s 35c
  • Original bid 1s
  • Undercutting by 5%

An example auction 2

Based upon the Post Auction-tab description: (for more information see Interface Usage)

  • [ 3 ] Linen Cloth
  • Undercutting by 5%
  • Starting price
  • 3s 40c
  • Buyout price
  • 4s 26c
  • Auction duration
  • [ ] 12 [ ] 24 [x] 48 hour
  • Deposit: 12c

What's all this mean then?

OK, well the starting and buyout prices, duration and the deposit are all self explanatory. The rest of the data means this:

(Explanation based upon auction example 1):

  • This item has been seen 35 times historically (that is in the last 35 times) with a median of 7 silver and 50 coppers
  • This item has been seen 20 times the last scan (snapshot) with a median of 7 silver and 35 coppers
  • The lowest price for this item in the last scan was 4 silver and 50 coppers
  • The calculated market price for this item is 7 silver and 35 coppers
  • The original starting bid, suggested by blizzard for this item is 1 silver
  • The pricing algorithm decided that the current lowest bid (4s50c) could be undercut by 5% and still not deviate too far from the market price.

What are the available pricing models?

The pricing algorithm may select one of:

  • Marking up vendor by 300%: This item has not been seen at auction. We are estimating that it will be worth 3 times more than what you could sell it to the vendor for.
  • Undercutting by x%: This item has competition on the market, but it's not so bad that we'd be cutting our throats by matching them.
  • No competition: This item is not on the market, you have a monopoly on this item at this point in time.
  • Competition above market: The prices for this item are no threat to you as they are all over prices (you could afford to bump your prices up a little too, if you felt like it)
  • Cannot match lowest price: The lowest price is too far below the market value. Selling at this point in time is not recommended. Either bide your time until this item is gone, risk it and put your item up any way at a higher price, manually reduce your price to match it, or buy out the cheap items, and relist them and your items for proper market value.
  • Using my current price: You have the most competitive price on the market, so we are repeating the post at your current price.
  • No data for HSP: No data exists to work out what the highest sellable price for this item is.

Conclusion

We surely hope this helps people to understand Auctioneer a bit better. More advanced topics such as playing the market to make bulk GOLD will be covered in future documentation, which can be found here Auctioneer.

Please goto "AuctioneerAddOn.Com" to view the current changelog.

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  • NeVeRLiFt said
    July 26, 2008, 12:54PM (11 hours, 15 minutes ago)

    I had to uncheck some stuff from these new versions, other wise Auctioneer was scanning the auction house nonstop when I was just looking at stuff and it would cause my game to pause, also these newer versions of Auctioneer seem to have introduced a serious freeze/pause after a scan of the auction house.
    The feeze/pause last 5-20sec sometimes and always happens when the scanning bar is at the halfway point.

    This is on winXP Pro sp2 all latest updates.

    Edit:
    I'm not talking about the usual pause you get when the auction house scane finishes... and the stuff shows up in the trade chat.
    After that the scanning bar appears again and then at the half point of the scanning bar a serious long pause happens.
    This never has happened to me with older versions of Auctioneer.

    Reply Edit Delete Report Permalink
  • Animespara said
    July 25, 2008, 11:25PM (1 day ago)

    This is a very good Addon 4 stars!

    Reply Edit Delete Report Permalink
  • Gobbledigook said
    July 25, 2008, 06:49PM (1 day, 5 hours ago)

    Is there a way of stopping Auctioneer from outputting to the chat window?

    Reply Edit Delete Report Permalink
  • Nechckn said
    July 25, 2008, 09:12PM (1 day, 2 hours ago)

    GobbleDiGook,

    To stop of modify the End of Scan Summary, review the content of FAQ question 15 over at the Main Site.

    Happy Auctioneering,

    Nikk

    Edit: changed Markup so that URL would be properly interpreted by the client machine.

    Reply Edit Delete Report Permalink
  • Epileptick said
    July 25, 2008, 01:36PM (1 day, 10 hours ago)

    Hey guys, just wanted to first say this is one of the best addons any game has ever seen. This may sound a little over the top but this addon actually plays a huge part of why I still play this game after so many years. Thank you! :)

    I have a question. Things have been changing in Auctioneer a lot in the past few years and I love every change except I don't know how to set 1 option I used to set:

    When I put an item to sell in Appriaser is there a way to have it either?:

    A. Undercut the lowest price currently in the AH by a set value
    or
    B. Undercut the lowest reasonable price (like yellow range for example) in AH by a set value

    I don't think this is an option in the appraiser and I think you're going to tell me I have to use Auctioneer Classic. But I have grown extremely accustomed to all the other great features of Advanced and the appraiser especially. If this isn't an option you can teach me to use, can you PLEASE add this as an option. Both A, and B please.

    Also I'm really sick and tired of doing a scan and seeing that being of some jackass there is an average buyout on an item that should be 3 gold - now 10000000 gold because they posted a bunch for a ridiculous price. Is there a way to filter this kind of thing?

    Again thank you so much for what you guys have done for the game. You have changed an "okay" game into an incredible game. I don't feel I should have to go into detail....for all you people that don't agree with me - the reason is because you are lazy. Not stupid, just lazy.

    - Epileptick
    epileptick@hotmail.com

    Reply Edit Delete Report Permalink
  • Nechckn said
    July 25, 2008, 05:13PM (1 day, 6 hours ago)

    Epileptick,

    Actually undercutting was one of the very first things included with Advanced, first go to the main configuration page. Access that by the "Configure" button along the top of the Appraiser window or the "coin stack" icon on the SlideBar.

    Once there, on the main options section look for a drop down box entitled Matcher Order, or something very close to that- no client to check right this second, make sure that is set to BeanCount then UnderCut. For some good info, check out RockSlice's comments on the main site, here: http://forums.norganna.org/discussion/7277/ .

    Now, look at the section headings and select "Matchers" that is where you can fiddle with the Undercutting- set that to your liking. Once done go back to the Appraiser window and look in the upper right of the pricing section- simply click that checkbox and you will be set, that item will then use "Matching" in your case Matcher: Undercut to do what you want.

    Once you have all of the settings to your liking, as you select an item, the right hand section of Appraiser shows the price per stack and a bunch of other information, included in that information is how Undercut has changed the price, et cetera.

    On to the second question- You just need to enable the Outlier filter. That is found within the configuration under the Filter section. There is a post over on the main forum about setting up Outlier and a bit more to help guide you through the process of dealing with such loverly people.
    Post Four of http://forums.norganna.org/discussion/7416/

    Any other questions, do not hesitate to ask.

    Also, is there anything that you think needs to be changed, that you think is redundant, or that is needed within Advanced?

    Thank you,

    Nikk

    Reply Edit Delete Report Permalink
  • Verbena9 said
    July 25, 2008, 01:37AM (1 day, 22 hours ago)

    Date: 2008-07-24 21:35:36
    ID: 63
    Error occured in: Stubby
    Count: 1
    Message: Error: Original call failed while running hooks: GameTooltip.SetText
    1 : Usage: GameTooltip:SetText("text" [, color])
    Debug:
    (tail call): ?
    Atlas\AtlasButton.lua:82: AtlasButton_OnEnter()
    [string "*:OnEnter"]:1:
    [string "*:OnEnter"]:1
    AddOns:
    Atlas, v1.12.0
    AtlasBattlegrounds, v1.12.0
    AtlasDungeonLocs, v1.12.0
    AtlasEntrances, v1.11.0
    AtlasFlightPaths, v1.12.0
    AtlasOutdoorRaids, v1.12.0
    AtlasLoot, vAtlasLoot Enhanced v4.06.01
    AucAdvanced, v5.0.PRE.3262
    AucFilterBasic, v5.0.PRE.3262 (BillyGoat)
    AucScanData, v1.0
    AucStatClassic, v5.0.PRE.3262 (BillyGoat)
    AucStatPurchased, v5.0.PRE.3262 (BillyGoat)
    AucStatSimple, v5.0.PRE.3262 (BillyGoat)
    AucStatStdDev, v5.0.PRE.3262 (BillyGoat)
    Auctioneer, v5.0.PRE.3262
    BeanCounter, v5.0.PRE.3262 (BillyGoat)
    BonusScanner, v3.5
    BtmScan, v5.0.PRE.3262
    CTMailMod, v3.02 (CTMod 2.0)
    CTMapMod, v2.41 (CTMod 2.0)
    DagAssist, v1.10
    Decursive, v2.1.0 RC1
    DrDamage, v1.4.0
    DruidStats, v1.0.3
    Enchantrix, v5.0.PRE.3262
    EnchantrixBarker, v5.0.PRE.3262 (BillyGoat)
    EnhTooltip, v5.0.PRE.3262
    Informant, v5.0.PRE.3262
    Ace2
    FuBarPlugin20, v2.0 $Revision: 66041 $
    MaterialsTracker, v20100.01
    CEnemyCastBar
    CECBDebuffs
    CECBPvPModule
    Omen, vOmen r79015 / Threat-2.0 r78949
    Outfitter, v4.2.6
    QuestHelper, v0.48
    RatingBuster, v1.3.7 (r66013)
    Stubby, v93
    Swatter, v5.0.PRE.3262
    TitanTradeCooldown, v2.4.001
    TitanClassTracker
    TitanHerb, v1.51
    TitanMoney, v3.1.1.20200
    TitanOutfitter
    TitanQuests
    TitanAmmo, v3.2.6.20400
    TitanBag, v3.2.6.20400
    TitanClock, v3.2.6.20400
    TitanCoords, v3.2.6.20400
    TitanGoldTracker, v3.2.6.20400 (2.3.2)
    TitanHonor, v3.2.6.20400 (1.13)
    TitanItemBonuses, v3.2.6.20400
    TitanLootType, v3.2.6.20400
    TitanPerformance, v3.2.6.20400
    TitanRegen, v3.2.6.20400
    TitanRepair, v3.2.6.20400
    TitanRider, v3.2.6.20400
    TitanStanceSets, v3.2.6.20400
    TitanXP, v3.2.6.20400
    Titan, v3.2.6.20400
    TitanMatTracker, v2.2-0.5
    WeaponQuickSwap

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  • Nechckn said
    July 25, 2008, 02:37AM (1 day, 21 hours ago)

    Verbena9,

    Sorry, that is Atlas making a bad call, you will have to take that up with the Atlas developer.

    Should they need help debugging, we will help if possible, have them visit the IRC channel accessed via the main menu at http://AuctioneerAddOn.Com .

    Best of luck,

    Nikk

    Reply Edit Delete Report Permalink
  • FantaPants said
    July 24, 2008, 11:46PM (2 days ago)

    I reverted to 3117 to get rid of the new status bar and the game freezing every time i hit refresh on the appraiser page and searched for anything on the browse tab. Beancounter does not want to load now because its database was created with a newer version, can i just update beancounter to the newest version without updating the rest?

    *edit* ok well tried this myself and have had no problems so far

    Reply Edit Delete Report Permalink
  • Nechckn said
    July 25, 2008, 02:20AM (1 day, 21 hours ago)

    Fantapants,

    You can grab the BeanCounter from the most recent zip file above, 3262.

    Simply replace the version in your Addons folder- ***Note, back up your data before running the game, everything in the Addons folder and the ..\WorldofWarcraft\WTF folder.

    That 'should' work- there are no marked differences between the scanning processes- so the fix will hopefully not take all that long- if that is something on our end. We will keep everyone informed as progress is made.

    Best of luck,

    Nikk

    Reply Edit Delete Report Permalink
  • FantaPants said
    July 25, 2008, 02:25AM (1 day, 21 hours ago)

    it did seem to work i no longer get the box when i log on saying it has been disabled and i have a beancounter tab now

    thanks

    Reply Edit Delete Report Permalink
  • Nechckn said
    July 25, 2008, 04:18PM (1 day, 7 hours ago)

    FantaPants,

    Sounds good- we are doing what we can to track down the reason why folks are experiencing those lockups but it is very slow going. Only one person on our team saw the behavior but they simply disabled their other mods and the lockups disappeared.

    We will be posting more as we know it.

    Happy to hear you are good to go,

    Nikk

    Reply Edit Delete Report Permalink
  • ElrickEnonimis said
    July 24, 2008, 04:35PM (2 days, 7 hours ago)

    with 3240 auctioneer totally freezes WoW after an auction scan. the status bar pops up and gets about half way, then freezes.... 10 minutes later still frozen... have to control alt del... :(

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  • Nechckn said
    July 24, 2008, 08:16PM (2 days, 3 hours ago)

    ElrickEnonimis,

    This behavior was noted and we even had folks revert to previous versions to no avail. What appears to be happening is a bad interaction with another addon.

    What you can try to help us narrow down the cause is to go to ..\WorldofWarcraft\Interface\Addons and rename that to Old_Addons then make a new, empty Addons folder. Download a fresh installation of Auctioneer into that, now, empty folder and then go back in game and ensure that the issue dissipates.

    Once you have verified that things are working, log out and move half of your addons from Old_Addons to the new Addons folder, test in game, remove those that were just added, test in game, et cetera- in an attempt to determine which is causing issues.

    Thank you,

    Nikk

    Reply Edit Delete Report Permalink
  • ElrickEnonimis said
    July 25, 2008, 01:14AM (1 day, 22 hours ago)

    Actually I already just re-installed 3164 over it and it's back to normal

    Reply Edit Delete Report Permalink
  • Nechckn said
    July 25, 2008, 02:23AM (1 day, 21 hours ago)

    ElrickEnonimis,

    No problem- there is only one person on the entire development team seeing anything close to this, so we need as much input as possible.

    Glad you are up and running, though,

    Nikk

    Reply Edit Delete Report Permalink
  • AesirRising said
    July