[SOLD] WTS Beautiful Cove Moongate Small House

Discussion in 'Trading Post' started by Magus Emplar, Mar 17, 2020.

  1. Magus Emplar

    Magus Emplar Well-Known Member
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    This auction is for this small home right in front of the Cove moongate.

    [​IMG]

    As you can see, this property has some premium features you don't see come up too often on the forums.

    * Exquisite waterfront view with Quick's stellar redeveloped shorelines.
    * The public moongate is literally steps away from the front door.
    * Next door to the Drunken Stag, a popular gathering place for many player-run events, and and overall fun place to hang out with other players between adventures.
    * This home is the first thing players see when using the public moongate to run into Cove, so lots of foot traffic and perfect placement for vendors.
    * Use z-axis tricks to "place items on the ground" above, or build your own treehouse.


    This home has been my pride and joy for some time now. Now, I am working toward consolidating my properties and saving up to move into one large home instead.

    Feel free to stop by anytime. Buyer will receive the property unfurnished.

    SB 750k
    (current bid: Some Old Guy BO)
    BO 2m
    BI 100k


    Trade Values
    Platinum @ 5k each
    Holiday Coin @ 3.5k each
    Copper @ 0gp each
    Gold @ 1gp each

    The auction will end 24 hours after the last bid if there are multiple bidders, or 48 hours if there is only one bid.

    I am saving up for a keep, fortress, or castle (~5-12m). If you have either of these and would consider this property for auction as part of a trade deal, PM me or Discord Allevia#0302. Other items considered for trade value on a case-by-case basis.
    Last edited: Mar 18, 2020
    Steady Mobbin, Keza, Quick and 6 others like this.
  2. Some Old Guy

    Some Old Guy New Member

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  3. Alvien

    Alvien Well-Known Member

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    800k
    shad likes this.
  4. Some Old Guy

    Some Old Guy New Member

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  5. O'Malley

    O'Malley Well-Known Member
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  6. Some Old Guy

    Some Old Guy New Member

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  7. O'Malley

    O'Malley Well-Known Member
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  8. Some Old Guy

    Some Old Guy New Member

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  9. Kiryana

    Kiryana Well-Known Member

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    upload_2020-3-19_0-59-13.gif

    ... yes, this place is worth it.
    PaddyOBrien likes this.
  10. Magus Emplar

    Magus Emplar Well-Known Member
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    Due to considerable interest in this property (wow, I'm very happy you love this home, too!), in the interest of providing potential buyers the option of closing sooner, I've added a peace-of-mind BO option of 2m.

    Thank you all for your interest. I'm excited to see what you do with this home.
  11. Some Old Guy

    Some Old Guy New Member

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  12. Magus Emplar

    Magus Emplar Well-Known Member
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  13. O'Malley

    O'Malley Well-Known Member
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    hmm...seems legit to me
    Erza Scarlet and Hoominaga like this.
  14. Steady Mobbin

    Steady Mobbin Well-Known Member

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    Now that this auction is over I’m considering selling the L shape next door. Possibly the Stag. Stay tuned.
    O'Malley likes this.
  15. Erza Scarlet

    Erza Scarlet Well-Known Member
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    Aaand this is why some auctions are utter garbage.
    Steady Mobbin likes this.
  16. Erza Scarlet

    Erza Scarlet Well-Known Member
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    Forum police present? @One
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  17. Steady Mobbin

    Steady Mobbin Well-Known Member

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    Yeah that’s a tough pill to swallow. Go to bed thinking you’re the high bidder and wake up to find out a B/O was added mid auction and your item/house is gone and you never even stood a chance.
    My second biggest pet peeve on this forum.
    Last edited: Mar 19, 2020
    Kiryana, Erza Scarlet and Virteego like this.
  18. Magus Emplar

    Magus Emplar Well-Known Member
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    Thanks for the feedback, Ezra, Steady Mobbin, and O'Malley. I genuinely understand the frustration. While I was very clear in the original posting about potentially adding a BO later at my discretion, I had no idea this would rub people the wrong way, and no one had mentioned it to me as a potential issue.

    I have always strived to uphold the highest standards in fairness and integrity with my auctions. Therefore, there are two things I will do, personally:

    1. I will endeavor to be up front with any BO option in my own future auctions.

    2. I will request that discretionary buyouts be added to the "Auction Basics" thread as a potential issue, citing this thread as an example.
    Erza Scarlet likes this.
  19. Erza Scarlet

    Erza Scarlet Well-Known Member
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    I Personally think that adding a bo option is not the most terrible thing to do, it's about timing and value though.

    In this case you had a healthy bid war going, and increasements of 100k each, with the latest bid beeing 1.5 mil.

    Technically speaking, there are other people that might have been interested to place a bid, and watched the auction, such as me.

    Roughly 1/4 of the time the last bid would've been valid (way too early), you threw in a bo option of a mere 500k increase (too low, for that stage of the auction).

    Basically what happened was an insta buyout. It's usually an idea once the bid war is without conclusion for some time. This however felt a bit rushed, and let me tell you, you could've propably got more money for that property.

    Defenitly something to consider in the future and as you've noticed.. People really dislike sudden buyout options.

    Otherwise a good auction, hope to see more of you as I generally like your posts.
    Last edited: Mar 19, 2020
    Steady Mobbin and Magus Emplar like this.
  20. Steady Mobbin

    Steady Mobbin Well-Known Member

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    Agreed on all fronts, especially the low BO, given that I own both adjacent properties. I have been watching this auction closely because the high for this property was going to be my SB for the two larger properties.
    I didn’t want to list them until this auction was over so I didn’t steal the OPs thunder and hurt his potential profit.
    I’ll have to think about listing them for a bit.

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