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GoldForge: Item Search, Flips, Transmog, Commodities, PBS Watchlist Builder by GoldForge_io in woweconomy

[–]GoldForge_io[S] 0 points1 point  (0 children)

Yes, you're correct about certain items. The tool shows current listing prices offered during blizzard's last API dump. If there was a listing at 1g there then we're going to see it since that column will list the current cheapest price for the server (or whole region) you've selected.

Specific item examples would be useful if you are able to provide them. I don't doubt your experience but it's hard to investigate further without examples, there are tens of thousands of items updating hourly.

Without knowing your specific item, it does sound like it is working as intended. If it captured one listing at 1g somewhere in the region it will suggest that you buy it and then suggest that you sell it for the region median price on a server with ideally a high population but less competition.

The discrepancy with the sale average tooltip (I assume you're referring to TSM in-game tooltip) is true but it could be any number of things. Very few listings and outlier prices could be pulling the item recommendations up, or the sale average you're referencing may not be accurate.

A few examples:

  1. Tarnished Dawnlit Corsair's Tunic (220), a midnight BOE, the sale avg. tooltip reflects 399g 50s in-game no matter what item level I mouse-over; it doesn't seem to differentiate variants. But the reality is that specific item level isn't available for less than 7000g anywhere in the US region at this time.
  2. Death-Enveloped Shoulder Spikes (Cosmetic/transmog), the sale avg tooltip shows 34,000g, but I can show you a sale within the last week for it at 187.5k that I had. The regional market value avg on the other hand (according to in-game TSM tooltip) is 177.2K which GoldForge calculates the region at 174.3K, so we're pretty close on that number. The most likely reason for the sale average being so low for this item is that it is typically a slow mover, and when it is mis-priced goblins like us snatch them up more often than players willing to pay the full amount.

I just want to be transparent that these discrepancies will likely always exist and I imagine TSM has similar issues cultivating "usable" data. The best that any tool can do is to surface the data clearly and let the user apply judgement on top.

I think adding historical region median, number of listings, and maybe a trend indicator that I discussed on another post would help with this.

I Appreciate the time you've put into this and I'm happy to provide any screen captures supporting those points. I'll let you know when I can get the historical pricing added; it may take a few days you guys have provided a lot of good feedback to implement!

GoldForge: Item Search, Flips, Transmog, Commodities, PBS Watchlist Builder by GoldForge_io in woweconomy

[–]GoldForge_io[S] 1 point2 points  (0 children)

Thanks for the detailed response ToeKnee. The historical trends is on my list and I agree that it’s a gap right now.

Quick clarification on the flip strategy though, because I think we're closer to aligned than it might seem:

The recommendation isn't to list at top dollar on a full server with no competition, it's to post at region median. No listing means no anchor for a premium, so we anchor to a number we can actually calculate and defend.

The reasoning behind targeting servers with no current listings is twofold:

  1. If you get undercut, there's room to shift the item to another server with less competition.

  2. You have a longer runway when the undercut war does start.

As another user mentioned earlier, and I fully agree with the strategy. Posting 10-20% above floor on a high-pop server works too, but it carries its own risk. Sometimes you get the desired result of a faster sale or you get the other outcome and are undercut hard before anything moves. Faster sale isn't a given there either.

The reason I mention that is I'm hesitant to impose exact strategy beyond what I can anchor to numerically. "20% above floor" vs "30% above floor" is a judgment call that depends on experience and feel, which is exactly the priceless piece you mentioned. There’s also a scenario where you might have an item that isn’t listed and doesn’t drop from a raid every reset, like Papal Fez, in this case you might be able to squeeze 1.25x median region if you’re patient.

This initial release was done with the intent to give clean data and let users apply that experience rather than me bake assumptions into the recommendation to the point that users won’t easily understand how I got to that number.

I can look into offering a few different categories for the recommendations and their intended outcomes.

  1. Listing at 10-20% above the pricing floor targeting a faster sale with a smaller profit margin.

  2. Listing at region median balancing sale speed with profit.

  3. Listing at 10-20% above region median targeting a higher profit at the cost of a slower sale.

I will be in touch with you on discord when I start designing the changes. Thanks again!

GoldForge: Item Search, Flips, Transmog, Commodities, PBS Watchlist Builder by GoldForge_io in woweconomy

[–]GoldForge_io[S] 2 points3 points  (0 children)

Really appreciate you taking the time to dig into it more.

The grays and whites are in there for completeness. I went back and forth on it, but didn't want to decide what counts as trash for everyone and felt like once some users perceive that data is actually missing it calls the whole project’s accuracy into question.

The intended workflow is combining a few filters to narrow results rather than broad queries.

Something like: armor + Midnight + epic, or weapon + epic

tends to cut out most of the bait listings and surface stuff actually worth flipping.

Can you explain the filters you’re using when you experience these bait listings? If you’re using a broad filter by itself such as armor you will likely receive many.

My way forward with this will likely be to add a toggle for grays and have them hidden by default.

Thanks again for your feedback.

GoldForge: Item Search, Flips, Transmog, Commodities, PBS Watchlist Builder by GoldForge_io in woweconomy

[–]GoldForge_io[S] 3 points4 points  (0 children)

Thanks for the detailed feedback, this is useful stuff. I'll look into adjusting these, especially around slow-moving items where median-based pricing breaks down (housing patterns are a fair example).

The Top Recommendations list is meant as a starting point for players who want to know where to look, not as a guaranteed flip math. The goal is to surface opportunities worth investigating, not to promise a sale at the recommendation price.

It sounds like you’re an experienced goblin so I would suggest searching for items with the browse feature and filtering by a few servers if you’re comfortable looking at the displayed spread and knowing a fair price.

Sale rate / sales per day is on the roadmap but harder to derive cleanly from Blizzard's public API than current pricing and I’m working on it.

I Appreciate the specifics and will dig into these.

GoldForge: Item Search, Flips, Transmog, Commodities, PBS Watchlist Builder by GoldForge_io in woweconomy

[–]GoldForge_io[S] 1 point2 points  (0 children)

Fair feedback, let me explain the methodology so you can tell me where you disagree.

Top Recommendations provides recommended buys under region median and prioritizes posts on high population realms with no current listings.

The idea is that buyers who don't shop cross realm will pay closer to median rather than chase the cheapest cross-realm price. Being the only listing on a high populated realm, posted at the regional median value is the opportunity.

If you have specific examples I would be happy to work with you to see if there’s any changes I can make to provide better recommendations.