Today I am really eager because after several delays, Blizzard has activated the real-money version of its Auction House in the Americas region. Using this system, you can put items found in-game up for sale with real-money price tags. As a Diablo 3 fan, I have bought the digital version of the game as soon as the Diablo 3 official released date was out!
For Diablo 3 Real Money Auction House function, Blizzard community manager Lylirra notes, “Please keep in mind that players will be able to purchase items on the real-money auction house with other forms of payment, including major credit cards that do not require the use of an Authenticator or Battle.net SMS Protect.” Although I don’t like using Authenticator much but I think it is understandable to put Battlenet account on safety first, especially after my Battlenet account was almost locked!
Diablo 3 Real Money Auction House: Basic understanding
Currently, the maximum bid and buyout that can be set on any one item is $250, and since Blizzard takes a $1 cut on every successful auction, the minimum is $1.25. Players who want to buy and sell using a Battle.net balance are required to attach a Battle.net authenticator to their account. Other options include using a credit card or linking a PayPal account.
Equipment sales come with a $1 deduction (taken by Blizzard from the sale amount). Sales for anything else, such as gems, crafting materials, and gold, take a 15% deduction instead of the flat $1, presumably to avoid loopholes of selling those commodities in large stacks. Gold must be sold in quantities of 100,000 or more.
Any money made on the auction house is subject to a 15% withdrawal fee if you want to put it anywhere besides the Battle.net balance.
How about other regions, you may wonder? Well, here is what Blizzard said: “We have no word on when the real money auction house will be available in other regions aside from the-near-future.”
“We are rolling out elements of the real-money auction house separately to ensure all of our players have the smoothest possible experience,” Blizzard claims. “We’ll have more information on the availability of the European real-money auction house and the remaining Americas currencies soon.”
Diablo 3 Real Money Auction House: how much are you gonna earn from it?
To be honest, I do not expect to earn a lot of money from trading items in Diablo 3. For me, earning money from Fiverr is more fun and less competitive for my unique Moondancing gig. Although I know there are numerous “farmers” out there, Diablo 3 Real Money Auction House is still a good chance to Make Money Online, so I am now setting up everything required to use it. I will come back for another post on How to set up Diablo 3 Real Money Auction House.