5. How To Reset Markets (Patreon)
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Market resets involve buying out the entire inventory of an item on the auction house and relisting it for a higher price. While this method can be profitable, it also carries some risk, as items from the current expansion tend to return to their normal prices faster than older items on the auction house. To minimize this risk, you should focus on markets that are not overly flooded with supply but still sell relatively quickly.
Volatiles are a good market for resetting, as they tend to sell fast and do not have a constant stream of supply. When resetting a market, it's important to consider the upfront cost of buying out the inventory and to set a reasonable resale price. A good rule of thumb is to increase the overall price by 50-100%, but it's important to not overvalue your items on the auction house.
One common mistake when resetting markets is to focus on items that adjust easily, which can lead to financial losses. To be successful with market resets, it's important to carefully consider your server's economy and identify undervalued items that can be reset to a reasonable price for resale.