* - note to self, find a better word or label for this
Pet/Item Trade Value Guide
How much is a valuable pet/item going for?
This guide will show you how to find a current and accurate answer.
But you have to research it for yourself. Don't be lazy, follow this guide!
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Researching
This guide will show you how to find a current and accurate answer.
But you have to research it for yourself. Don't be lazy, follow this guide!
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Researching
- Create a short list of common names for your pet/item.
Example: UR Flower, UR Flowerpot.
UR Flower Pot will be picked up when you search for UR Flower, so it is not needed.
. - Use the forum search for each name in your list. Only search in the following forums:
- Chicken Smoothie Discussion
- CS Trades - Pets, items and C$
- CS Auctions
- Look for the following information in thread topics and posts, prioritising information from recent posts:
- Current Supply: How many people are advertising this pet/item for trade or auction?
- Current Demand: How many people are looking to trade for or seriously bidding on this pet/item?
- Suggested Rate: How much are people saying it is worth in a guide or advice post?
- Known* Rate: How much have people paid for this pet/item in accepted trades?
- Buyer Rate: How much are people offering to pay or bid for this pet/item?
- Seller Rate: How much are people asking in exchange for this pet/item?
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Building a Valuation
Building a Valuation
Now that you have gathered your information, what does it really mean?
- Supply/Demand
High Supply - If many people are advertising the pet/item for trade, it will be harder to sell than buy.
Low Supply - If not many people are advertising the pet/item for trade, it will be harder to buy than sell.
High Demand - If many people are actively searching to trade for the pet/item, it will be harder to buy than sell.
Low Demand - If not many people are actively searching to trade for the pet/item, it will be harder to sell than buy.
High Supply + High Demand = price should be average --- [lots of people want it, but lots also have it]
High Supply + Low Demand = price should be lower --- [lots of people have it, but not as many want it]
Low Supply + High Demand = price should be higher --- [not many people have it, but lots want it]
Low Supply + Low Demand = price should be average --- [not many people have it, but not many want it]
Supply increases after Dec 18 each year for non-store pets.
Market Rates
Suggested Rate - This is good input, but people can be wrong or use old information so be careful.
Known* Rate - This is good input if the trade is recent and not near Dec 18. Ignore outliers (heavy over/underpay).
Buyer Rate - You may need to offer similar or more than this if you want to compete against an actively advertising buyer.
Seller Rate - This is the price a seller wants, but they may have unrealistic expectations. Ignore most auction autobuys.
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