Trading Post is the Guild Wars 2’s equivalent to an auction house in other MMOs. Technically, an auction house (for anyone familiar with other massively multiplayer games) the Trading Post is a Guild Wars 2’s trading system.
The major selling point of the Trading Post is the fact that it’s global, meaning all items bought and sold on it are across different Worlds.
Another neat feature of the Trading Post is that you can access it directly from your interface to list stuff for sale and only need to visit the Trading Post NPC in towns/outposts to retrieve items you have brought or coins you have earned.
For anything you do sell on the Trading Post, there will be a 15% fee based upon the items total sale price, which is a relatively large amount.
The Trading Post can be access by pressing O or open it up from the button at top left of your screen.
Easiest way to go about selling an item on the Trading Post is to simply right-click an item in your inventory and select “Sell at Trading Post.”
The Trading Post window will then appear in the middle of your screen and will display the various options available to you in terms of sale or buying price as well the value of other items in your inventory.
Under the “Sell” tab you will be able to specify your unit price as well as list the quantity of an item you wish to sell.
Alternatively, and often the easiest method, you can always choose “Meet the highest buyer” which will automatically set the value you of your item based upon the price currently set by the highest bidder at the Trading Post.
You can also select “Match lowest seller” which will only sell the item when a buyer meets your sale price.
Two of the key elements of the Trading Post are trends in buyer and seller behaviour based on item values over a period of time and Gem Trading.
The first and arguably most important aspect for anyone intending to take the trading post seriously is Trending. Allowing you to track market data it lists everything from Top Trade Items to the pricing trends of specific items.
Staying ahead of the game is all part of the fun in an auction house so analyzing this actively and reacting to it will be key in earning money.
For example, if you see one specific item is selling well, and you know how to obtain it easily and quickly, it’s a common tactic to scoop up all those items already being sold (if you can afford it) before re-listing them at an inflated price, bolstered by the additional ones you’ve obtained.
This will create new market price people will have to meet if they don’t want to farm the item themselves. Last but not least is Gem Trading.
Through the Currency Exchange window, you can trade gold for gems or gems for gold based on the current market price. The Currency Exchange window will also display recent gem sale prices, the average price as well as the highest and lowest over a period of time.
For anyone wishing to convert their gold or gems, it’s well worth keeping track of the market data rather than exchanging them instantly as you might get a little more bang for your buck if you play it right.
Here is the summary for the Trading posts:
- The Trading Post is Guild Wars 2’s equivalent of an Auction House.
- You can list or buy items on the Trading Post from anywhere in the game world by simply right clicking on the item, in your inventory.
- Always check the Trading Post prices of items you have in your inventory before you sell it to a vendor, you might make more money.
- If you have bought or sold an item from the Trading Post you will need to travel to the physical Trading Post (most commonly in Lions Arch) to collect your earnings or the item itself; it will not come to you!
- Analyzing Trading Post Trending is key to staying ahead of the market paying close attention to this will provide a clear indication of what players are after.
- The total listing fee for any sold items is 15% of the total sale price.
Gem Store: This is the gem store where you can purchase items sold by Arenanet via gems. You can also purchase gems here via your credit card.
Gem & Coin Exchange: Here you can trade coins for gems and vice versa with other players.
Trading Post – Buy: Here you can search for items you would like to purchase or just browse.
Trading Post – Sell: You can sell items in your inventory via this interface.
Alternatively, right clicking an item and send it to Trading Post will open this interface automatically.
Trading Post – Transaction History: This tab lists all the sales you made, all the items you brought, and all the items you have currently listed for sale.
Trading Post – Retrieve: You can see the items and coins you have recently gained via the Trading Post here. To retrieve them, you must go to a Trading Post NPC.