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[[Price check]] (PC) is generally used in the [[Chat window]]'s different channels (local or trade channels in [[town]]s, guild chat or even alliance chat). The term "price check" is normally followed by the name or specifications of an [[item]], in the hope that another person will reply with the current market value of the item. The current market value of an item is often of interest to both buyers as well as sellers but there's no guarantee that a person will respond with a reasonable price, considering that prices are not fixed, vary widely depending on supply and demand, and are very much a matter of personal perception.
 
[[Price check]] (PC) is generally used in the [[Chat window]]'s different channels (local or trade channels in [[town]]s, guild chat or even alliance chat). The term "price check" is normally followed by the name or specifications of an [[item]], in the hope that another person will reply with the current market value of the item. The current market value of an item is often of interest to both buyers as well as sellers but there's no guarantee that a person will respond with a reasonable price, considering that prices are not fixed, vary widely depending on supply and demand, and are very much a matter of personal perception.
   
The best way to actually perform a price check is to go to the Auction site on [http://www.guildwarsguru.com GuildWarsGuru] and browse for the item to see how much buyers are asking for the item andhow much sellers are willing to pay. Information from peers is often dated (an item worth 50k one day could fall to 20k the next day) and unreliable.
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The best way to actually perform a price check is to go to the Auction site on [http://www.guildwarsguru.com GuildWarsGuru] and browse for the item to see how much sellers are asking for the item and how much buyers are willing to pay. Information from peers is often dated (an item worth 50k one day could fall to 20k the next day) and unreliable.
   
 
[[Category:Glossary]]
 
[[Category:Glossary]]

Revision as of 16:54, 27 June 2006

Price check (PC) is generally used in the Chat window's different channels (local or trade channels in towns, guild chat or even alliance chat). The term "price check" is normally followed by the name or specifications of an item, in the hope that another person will reply with the current market value of the item. The current market value of an item is often of interest to both buyers as well as sellers but there's no guarantee that a person will respond with a reasonable price, considering that prices are not fixed, vary widely depending on supply and demand, and are very much a matter of personal perception.

The best way to actually perform a price check is to go to the Auction site on GuildWarsGuru and browse for the item to see how much sellers are asking for the item and how much buyers are willing to pay. Information from peers is often dated (an item worth 50k one day could fall to 20k the next day) and unreliable.