Flipping on the Albion Online marketplace can be a profitable skill to learn if done correctly. This guide will walk you through the steps to successfully flip items for profit in the game.
What is market flipping?
Market flipping is the practice of buying an item with a "Buy Order" on the auction house, then relisting it with a "Sell Order" at a higher price. Here's an example:
- Step 1: Place a buy order for an item at a lower price (e.g., 250,000 silver+ 2.5% buy order fee).
- Step 2: Once the item is acquired, list it on a sell order at a higher price (e.g., 349,000 silver).
- Step 3: Profit from the difference between the buy and sell order prices. Even after factoring in the 4% tax and 5% setup fees upon sale, this method can still be profitable.
Buy order setup fee is 2.5%
You can simplify your market flipping with the help of our Market Flipping Calculator. This tool tracks your fees and overall progress, making your trading experience smoother.
Understanding Fees
Each transaction incurs a 9% fee at the very minimum. This fee is broken down as follows:
- You buy item from the marketplace - you pay 2.5% buy setup fee .
- You list your item to sell the marketplace - you pay 2.5% sell order fee and 4% tax (premium) or 8% (non-premium).
For example, if you place a buy order with a 2.5% fee, and the buy price is 10,000,000, the fee would be 250,000 silver (10,000,000 + 250,000 = 10,250,000).
Order fees non refundable
Regarding sell orders, they also incur a 2.5% fee, just like buy orders. The key difference is that for any sale on the auction house, you'll additionally pay a 4% tax. Combining these, you'll face a total fee of 6.5% for premium accounts or 10.5% for non-premium account
Sell order 2.5% + tax 4% = 6.5% on a complete sell
Determining the average price of an item
To find the average price of an item, simply click on the item image. This will display the average price, which is calculated across all of the auction houses in the Royal Cities and Outlands. This baseline price is essential for making informed decisions about buying and selling.
Estimated Market Value
Understanding volume
Volume plays a crucial role in determining the true value of an item. For instance, here you can notice 3 Shadowcallers being sold for 32,950,000 silver. It suggests that players are willing to buy the Shadowcallers for around this price. This information guides can guide you in setting your sell order price, as it indicates the price players are willing to buy for.
3 items sold for 32,949,000 silver each
Overcut your competition
If a competitor places a buy order at a higher price than yours (overcuts), promptly increase your buy order price significantly, for instance, if your order is at 221,000 silver and someone overcuts to 221,001 silver, raise your order by 5 - 10%. Avoid minor adjustments like increasing by just 1 silver.
Similar to an auction house scenario, escalate your bids significantly. Incrementally increasing the price improves the chances of the item being swiftly sold to you, boosting your bid's success while deterring rivals, ensuring you make a profit.
Once your competitors relent, reduce your buy order back to its original price to secure the next item at a lower cost.
Overcut your competition
Undercut your competition
When selling items, undercut your competition by pricing your items slightly lower.
Utilise appealing numbers; for example, instead of selling at 8,021,938 silver, price it at 7,989,000 silver. 999 silver appears cheaper than 1000 silver, even though it's only a 1 silver difference.
Undercut your competition
Hope you found this guide helpful. If you have any questions or need further assistance, ask questions in our Discord server.
This guide was brought to life with help from mikeyykk from Albion Economist.
Check out our Market Flipping Calculator to streamline your market flipping experience.