Techno Union
  2100 active members
  199 are online

Year

19

Day

325

Time

04:06:49

Guest
Login
snewsgnewsmessagegeneralfactioninventorycombatroom
Year 15 Day 117 9:17
I understand that you need to be in a Trading Faction owned trade station to BUY from the Market.. does that also count for SELLING to the market?


____________

...

1790620_orig.png
Queen of Atraken B: Worshiped by 5,212,886 inhabitants.
Year 15 Day 117 9:19
Kendall Holm

of course


____________

SWC3dsUser.png
Year 15 Day 117 10:18
Commerce Centre will do too, not just stations.


Year 15 Day 117 12:41
And as the seller you get 2X the rm cost for the entity sold, regardless of what a buyer ends up paying for said entity?


____________

...

1790620_orig.png
Queen of Atraken B: Worshiped by 5,212,886 inhabitants.
Year 15 Day 117 13:00
Price when selling to the market = ((2 * (RMP / Batch))-((0.02 * (2 * (RMP / Batch)))+((0.2 - 0.04 * TradeSkill) * ((2 * (RMP / Batch))) * Condition - Debt

- Selling to the Market
 


Tradeskill affects it also.

Basically you get 2 * RMP/Batch - 5% (fee to Owner if certain conditions met), and then also minus from 2 % to 22 % based on your tradeskill. Reduced by the Condition and debt also if it's a facility with debt.

[1 - ( .02 + (.2 - .04*Tradeskill) ) *Condition] * 2 *(RMP/Batch) - Debt

For Trophies, that's as it is.

For everything else, replace "2 * (RMP/Batch) " with whatever the final Bid price is and that's what the seller gets.

Disclaimer: This is just calculations using the Rule page, I haven't independently verified the calculations testing the Market


Edited By: Kay Dallben on Year 15 Day 117 13:02
Year 15 Day 117 13:04
For Trophies, that's as it is.
 


So for trophies, they sell at the price listed?


Year 15 Day 117 14:07
Trophies are bought by the NPC market and never get bought by another player (unless they're sold as a result of the Death system that auto-lists possessions).

They would sell at [1 - ( .02 + (.2 - .04*Tradeskill) ) ] * 2 *(RMP/Batch)

Lemme just check a recent sale and see if I have it right:

You have received 1,404,000 credits from the Market with the following message:
Sale of the following assets: Thranta Tail Thranta Tail, Falumpaset Fetlock Falumpaset Fetlock, Duracrete Skin Duracrete Skin, Hawkbat Beak Hawkbat Beak, Granite Slug Eye Stalk Granite Slug Eye Stalk, Boma Tusk Boma Tusk, Varactyl Plume Varactyl Plume, Varactyl Plume Varactyl Plume.


Thranta Tail x 1 (75k)
Fetlock x 1 (300k)
Duracrete Skin x 1 (275k)
Hawkbat Beak x 1 (50k)
Gslug Eye stalk x 1 (50k)
Boma Tusk x 1 (50k)
Plume x 2 (500K each)

Batch Quantity for Trophies is 1.
Total RMP = 1,800,000
2* RMP/Batch = 3,600,000

3.6 mil * [1 - ( 0.22 )] = 2,808,000

Okay, so there's an error in the rules. When selling Trophies, you get only RMP/Batch instead of 2*RMP/Batch, but otherwise it checks out.


Year 15 Day 117 14:55
The 2x RMP only counts for producible items, so trophies would obviously be exempt from said rules.


Year 15 Day 117 16:39
Thank you.


Year 15 Day 118 5:07
Ben Camden

Kay: Are you sure the selling to market price doesn't apply to everything?
The market isn't a middleman. If I sell a produced ship to the market, I should just get the base price immediately - not what whomever buys it pays, when they buy it.


____________

gold1.gifRGC-3.pnggold2.gif
Senior Governor Ben Camden
Regional Government
Year 15 Day 118 8:07
I'm not sure, no. I've never sold anything to the market that wasn't a trophy. I was under the impression that everything but Trophies doesn't pay the seller until the product is sold. That is mostly based on the only trophies I've ever seen on the market were ones that got there due to the What Happens to Assets upon Death rules.

[1 - ( .02 + (.2 - .04*Tradeskill) ) *Condition] * 2 *(RMP/Batch) - Debt

2*RMP/Batch for a single Y-Wing is 254,860, so you'd get between 249,762 and 198,790 if you get paid immediately per Ben's understanding.

Given most bids go up above whatever the BasePrice is, why would that extra money go into the ether and not to either of the seller or the Trading/Commerce Centre owner?

Only 5 % of the Winning Bid price goes to the Owner of the Trading/Commerce centre as far as I can tell. If the Y-Wing, for example, goes for 1.6mil (CPM Average), 5 % of that is 80,000 credits (or around 30-40 % of the approximate money paid to the Seller initially) and that leaves 1.2 million that doesn't go to anyone at all, plus the usual Distance Fees.

I guess it needs testing.






Year 15 Day 118 9:20
Kendall Holm

You get the money as soon as you sell it to the market on any item that isnt restricted to no sale on the market


____________

SWC3dsUser.png
Year 15 Day 118 9:53
[QUOTE]Given most bids go up above whatever the BasePrice is, why would that extra money go into the ether and not to either of the seller or the Trading/Commerce Centre owner?[/QUOTE]

Credit Sink