Difference between revisions of "Auction House"

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m (Putting up an item for sale: Charged 10% of the sale price, then you get your listing fee refunded)
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==Putting up an item for sale==
 
==Putting up an item for sale==
  
There is a listing fee in crowns for placing an item on the exchange. If you pull out your item out of the exchange early, you will not get your listing fee refunded.
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Placing an item up for sale incurs a Listing Fee. The Listing Fee is only refunded to the seller if the item sells. Withdrawing the item from auction or the auction expiring with no bids results in no refund of the Listing Fee.
  
*4 hours: 50 crowns
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The Listing Fee is the highest of the following three factors:
*12 hours: 100 crowns
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*1 day: 150 crowns
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*2 days: 200 crowns
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You will get charged 10% of the sale price if your sale has been completed. However, your listing fee will be refunded to you.
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#Auction Duration:
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#*4 hours: 50 crowns
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#*12 hours: 100 crowns
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#*1 day: 150 crowns
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#*2 days: 200 crowns
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#10% of the Initial Bid
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#0.5% of the Buy Price
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If the item successfully auctions, the Listing Fee is refunded, and the seller pays 10% of the final selling price.
  
 
==See also==
 
==See also==

Revision as of 14:34, 19 May 2011

The Auction house is located just north of Town Square in Haven. It is a place where Knights can buy and sell items for crowns on the exchange market.

The Auction house.

Overview

Knights can search for offers by pressing the "search" button. The list can be sorted by time remaining, the bid price, the purchase price, or by star level.

Placing a bid

Placing a bid, as well as an option to instantly purchase the item if possible.

To place a bid, select an item to bid on, then input a price you are willing to bid. If someone outbids you, your bid will be refunded.

Putting up an item for sale

Placing an item up for sale incurs a Listing Fee. The Listing Fee is only refunded to the seller if the item sells. Withdrawing the item from auction or the auction expiring with no bids results in no refund of the Listing Fee.

The Listing Fee is the highest of the following three factors:

  1. Auction Duration:
    • 4 hours: 50 crowns
    • 12 hours: 100 crowns
    • 1 day: 150 crowns
    • 2 days: 200 crowns
  2. 10% of the Initial Bid
  3. 0.5% of the Buy Price

If the item successfully auctions, the Listing Fee is refunded, and the seller pays 10% of the final selling price.

See also

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