Tuesday, June 12, 2012

Diablo 3: Real Money AH Is Now Open!

Although there has been trouble over the weeks with the Diablo 3 Auction House to the point the Auction House was shut down multiple times and parts of it were disabled. One aspect that was supposedly going to be released on the 22nd of May, which was one week after the game's release, was the Real Money Auction House. However, because of these issues associated with the Auction House, the date kept getting pushed back. First, to the 29th, and then, when the Auction House actually got worse, to today...
No, I didn't actually make $1000.
Fortunately, most (including the commodity auctions), if not all, of the issues have been resolved (although none of my suggestions were implemented sadly), and thus, the Real Money Auction House is now open. It can support some currencies  that I believe to be region-based. Accessing the Real Money Auction House is a matter of clicking the small button at the top right, allowing switching between the two different Auction Houses.

However, before going off on a mad buying/selling spree, there is some information worth reading up on. I will list a few quick facts here if you don't want to go through the walls of text:
  • Equipment should typically be sold for over a dollar, as each piece of equipment sold incurs a $1 transaction fee.
  • The (apparent) maximum sell value on equipment is $250 (in my region).
  • Gold and bulk commodities, on the other hand, have a 15% transaction fee (similar to the normal Auction House, in a way).
  • On top of this, if you set up a Paypal to transfer the proceeds you generate, you incur another 15% transfer fee (assuming this is multiplicative, expect to have 22.5% of your money to be taken each time you sell gold or commodities).
  • Linking a Battle.net account to Paypal is rather easy. All you need is a cell phone that accepts text messages (only available for some regions).
  • These sales can be subject to taxation, so keep that in mind if you plan to make a business out of Diablo 3.
  • Exceeding the maximum Battle.net balance will require you to send the excess money to Paypal or a similar payment service.
So go forth - for great profit!

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