Apparently Blizzard read my whiny, ranting post the other day and decided to bribe me. After the big IAS nerf I decided to (what the hell) spend some more gold to re-equip my Monk. 1.7 million gold later I found myself with the same DPS I had before the nerf: around 17K. I also switched from using the Scoundrel to the Enchantress and DPS went up to 18K. OK, I was back on track to farming Fields of Misery on Inferno.
So there I was, minding my own business, killing shit in one of the random dungeons that spawn in that zone, namely Scavenger's Den, level 2. I had 4 stacks of Nephalem Valor (for a total of +131% Magic Find) and I just killed a champion group (or was it a rare elite?). The final monster dies and I do a double take when I see what drops:
Yup, a legendary crossbow. I pick it up...
and identify it...
Hmm, not bad. It would make a nice weapon for my Demon Hunter when he hits 60. On the other hand, I had just picked up from the AH for 200K a bow with more DPS, but also with a lot of life leech on it. What if I sell the Hellrack?
About 12 hours later this is what I see in my AH log:
I posted it for $8.48 and ended up with $7.48 after Blizzard's cut. Also notice the other sales that happened in fairly close succession. Pretty good, I'd say. You may think I'm a fool for selling it for such a low price but I did my homework before that. There were better legendary bows on the RMAH for less than $10 and I wanted to sell this quickly. I decided to price it comparably to other bows in that range. Mine had pretty good stats for a Hellrack so I guess that's why it sold so quickly. Could I have sold it for $1-$2 more? Maybe, but it's impossible to know. When they allow us to cancel auctions I will price items more conservatively.
I have three additional reasons why I decided to get rid of this legendary bow quickly. One is that $7.48 will buy me a hell of a lot of gold (if I so desire) once gold buying is enabled. Second is that Hellracks go for about 500K-600K gold, which is pathetic. $7.48 >>>>>>>> 600K gold. Third is that Blizzard will buff legendary items in a future patch. I don't want to risk waiting until that patch, when my own Hellrack becomes worthless.
The point is that whatever you may think about this sale (too high or too low), I am happy with it. It's my highest sale so far, by far. This brings my total to over $11. Yes, it's a pathetic amount but I'm not gonna pay my bills with RMAH money. Instead, I just might use it to buy a really good item or two in the future. I have a feeling that actual money will be a lot more valuable and stable than gold.
Finally, here's a little tip. I have this nasty trick that I use to boost my Magic Find. A bazillion other players use the same trick so I'm sure you are aware of it, and it's "nasty" because Blizzard doesn't really like it but there isn't much they can do about it. I have an extra helm in my inventory with +32% MF. Just before killing the last boss or champion I will swap my usual DPS helm with the MF one. Simple but apparently effective.
So that's it then. All you gotta do to make money on the RMAH is to bitch about Diablo 3 and Blizzard will read your post and give you some nice legendary drops to appease you. I kid, of course, but the funny thing is that something similar used to happen to me in WoW. After a long hiatus or a loss of enthusiasm I would get some really nice drop, when I least expected it. Pure coincidence, all of it. Don't count on this method kids.