"Reposting - In certain markets, legendaries being one of them, you have to love reposting, because that's all you're gonna do for months on end. All your competitors will be reposting consistently, sometimes (like me) almost 12-20 hours a day."This is why the WoW market sucks.
Yeah we need an additional deposit that is forfeited only when canceling or something, on high pop servers it's insane the number of people doing bot-behavior (either bots or humans playing like bots) reposting for hours on end.
Reposting and still the undercutting is going to cut into your profits depending on the server and item - legendary base items sell very slowly at low ranks in desired slots. And you got to be there every hour to be the last one up on the AH to get sold first or you may miss out. The loss isn't just gold, its time that could of been used doing other things.
Is there some reason that first-in, first-out, with a mandatory minimum for undercutting (something like 1% or 500g, whichever is lower) wasn't implemented? Last-in, first-out just encourages this kind of absurd behavior, and it absolutely limits most of the market to the few people willing to just relist stuff all day.
What really needs to change, is addons like TSM to be blocked. If ppl want to repost their $%^& for 20hrs straight, and cancelscan every 30sec, they should fvcking have to work for it if they wanna shut everyone else out.
my server currently has most of the rank 6 legendries around 30-60k... but the rank 4s are at least 60k+ each. really crazy markets but still good chances for gold if you invested while the prices were low.