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Any Advice for Running a Solvent Commodity Broker in New Magincia?

Started by Margrette · 2018-04-21 · 4 posts · General Discussions
#0
Does anyone have good advice for how to run a commodity broker in New Magincia, one that actually stays solvent?  

If you set up one of these brokers, the game automatically deducts for itself 5% of every purchase or sale and there is a weekly fee of 5% of the total sale price of all sellable inventory.  

I had one of these brokers set up on Balhae for a few weeks, with the price that players pay to buy from the broker set at 17% more than the price that players received if they sold something to the broker.  Unfortunately, what I had happen a few times is that people would sell the max amount I was willing to pay to the broker, which would use up most of the gold in the broker account.  But then that commodity would just sit there unsold because I was also willing to sell that commodity but apparently no one wanted to buy it.  So the weekly fee on those unsold goods would demolish what other gold was left in the broker account.  In about two weeks' time, I lost 3-4 million on the broker and was unwilling to keep it going at that rate.

My guess is that maybe the best thing to do is to just set up a broker that will buy commodities from other players and don't even try to sell anything, especially on a low-population shard.

Any thoughts on this from anyone else?  I had really hoped to set up something that would be of use to new/returning players but I'm unsure of how to go about it at this point.  I guess selling stuff in hopes it helped EJ players wasn't going to work anyway because the brokers always sell items in the form of a commodity deed, which EJ accounts wouldn't have been able to redeem anyway.

I think the brokers are a great idea.  I'm just not sure how to make one work, especially on a shard that doesn't have a very large population.  @Kyronix, if you have any ideas, would love to hear yours too.
#1
These are the buy/sell prices I was using, first amount being what I sold things for to a player and second amount being what I paid to buy something from a player:

darkglow poison878750
exploding tar potion164140
fear essence246210
parasitic poison586500
potion of invisibility8270
saltpeter11295
shatter potion410350
black dragon scales118100
blue sea serpent scales5445
green dragon scales176150
red dragon scales8270
white dragon scales4840
yellow dragon scales2420
valorite ingots878750
verite ingots528450
agapite ingots410350
golden ingots142120
bronze ingots234200
copper ingots164140
shadow iron ingots264225
dull copper ingots6655
iron ingots1613
frostwood boards352300
bloodwood boards118100
heartwood boards8875
yew boards3025
Ash boards1411
oak boards108
boards42
high quality valorite granite11701000
high quality verite granite1054900
high quality agapite granite762650
high quality golden granite644550
high quality bronze granite528450
high quality copper granite410350
high quality dull copper granite294250
high quality shadow iron granite936800
high quality granite176150
enhanced bandage1815
green thorns5445
orange petals154130
petal of the rose of trinsic4840
powder of translocation1000854
red leaves5445
smoke bomb118100
a small piece of blackrock294250
blight16381400
corruption2925025000
muculent23402000
blue diamond52664500
brilliant amber32762800
dark sapphire1170010000
ecru citrine29262500
fire ruby35103000
perfect emerald11701000
turquoise46804000
white pearl1521013000
abyssal cloth106489100
bottle of ichor20481750
boura pelt29262500
chaga mushroom586500
crystal shards1755015000
crystalline blackrock65525600
delicate scales574490
enchanted essence136115
essence of achievement39783400
essence of balance32762800
essence of control1170010000
essence of diligence40963500
essence of direction35103000
essence of feeling11701000
essence of order111169500
essence of passion81907000
essence of persistence29262500
essence of precision1170010000
essence of singularity70206000
faery dust81907000
goblin blood14641250
lava serpent crust46804000
magical residue6050
raptor teeth58505000
reflective wolf eye586500
relic fragment21061800
seed of renewal76066500
silver snake skin1345611500
slith tongue200170
undying flesh586500
vial of vitriol936800
void orb1755015000
zoogi fungus352300
Arcane Empowerment3000025000
Attunement3000025000
dryad allure3000025000
essence of wind3000025000
ethereal voyage3000025000
gift of life3000025000
gift of renewal
nature's fury3000025000
reaper form3000025000
thunderstorm3000025000
wildfire3000025000
word of death3000025000
Arcane gem8875
pieces of barbed leather176150
pieces of horned leather118100
pieces of leather3025
pieces of spined leather6050
tiger pelts820700
copper wire936800
#2
It's a frustrating system, "most" of the stalls on Siege are buyers at dirt cheap prices.
#3
First step: do it on a shard with a viable population.
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