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Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 1:26 am
by General Grievous
Hi!

Did you ever want to feel like Rockefeller? Here's how you could become MineRealm's wool tycoon:

Due to the fact that some of my best customers somehow "disappeared" and that I won't have a lot of time to continue with my little wool business until next summer I decided to downsize it and sell all the wool in stock. So, I am offering more than 1,111 stacks of colored wool for at least 64k (net) or highest bid until due date. In case you want to pay later I am willing to take payment securities (if you want to end of the year). Please see below for futher details.

Best,
Alexa

The WOOL:
58 stacks gray
75 stacks magenta
36 stacks purple
60 stacks cyan
46 stacks green
54 stacks light green
105 stacks yellow
60 stacks pink
75 stacks orange
46 stacks black
118 stacks red
125 stacks blue
128 stacks white
42 stacks brown
87 stacks light blue
53 stacks light gray
1168 stacks total

That's 55 credits/stack net (or 61 before tax) or 1500 credits/chest net.

Some facts: With this amount of wool you rule the standard wool market. You will be able to offer a better price than everybody who is producing wool right now. Your competition needs about 50-100 hours (and some stacks of iron) to harvest this amount of wool (and it's not so very easy to find cheap labor). I recently checked the buying prices of my competitors and they are higher than the price I offer here... so it does not seem to be a problem to sell the wool for a much higher price if you offer the wool. Over the last couple of months I usually reached a sales price for colored wool between 150 and 220 - you just need to offer it in an ongoing basis. I bought nearly 30 realms after I started my wool business this summer. If I had the wool when I started (or if some players would still be here), I would probably have around 100 realms.

Some information for the builder: You could build a sign that covers about 29 realms. You could make a border 2+ blocks high around the whole map. You earn 37k by just placing the wool. If you don't place them, you need about 43 chests for storage.

PLEASE NOTE: PRICE: Price is PLUS tax, ie. the money that I receive, ie. the buyer covers the tax in addition to it. DUE DATE for bids: Due date is September 9th, 2012 and the due date will be moved everytime for 24 hours if there is a bid within the last 24 hours of the due date. A bid is only valid if it is 2k higher than the last bid. PAYMENT SECURITY: If you don't want/can't pay the full amount, I take realms as security to the amount of 8.5k. You sell me a realm for 1 and after you paid the amount you owe me I sell it back to you for 1. Payment securities are valid for 3 months, thereafter I'll sell them. If needed, you can get member status for realms given as security (I'll charge a fee of 500 per member/realm because I need to go to the realm). I am selling the whole package, please don't ask if you may buy a certain number of stacks (just ask the new buyer).

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 3:16 am
by eah
To make it easier for the rest of us,

Auction: 1168 stacks of assorted wool

In-game Name: AlexaSConrad
Item(s) up for auction: 1168 stacks of assorted wool
Starting bid: 64 000 + tax
Minimum increments: 2 000 + tax
Ending date & time (Specify a timezone): September 9, 2012 (Time? Time zone?)
Buyout Price (Optional): None

PLEASE NOTE: PRICE: Price is PLUS tax, ie. the money that I receive, ie. the buyer covers the tax in addition to it. DUE DATE for bids: Due date is September 9th, 2012 and the due date will be moved everytime for 24 hours if there is a bid within the last 24 hours of the due date. A bid is only valid if it is 2k higher than the last bid. PAYMENT SECURITY: If you don't want/can't pay the full amount, I take realms as security to the amount of 8.5k. You sell me a realm for 1 and after you paid the amount you owe me I sell it back to you for 1. Payment securities are valid for 3 months, thereafter I'll sell them. If needed, you can get member status for realms given as security (I'll charge a fee of 500 per member/realm because I need to go to the realm). I am selling the whole package, please don't ask if you may buy a certain number of stacks (just ask the new buyer).


I bid 64k.

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 3:50 am
by ewana1991
Alexa, hate to say this, but people are gonna bid last minute to try and win this, so your end date getting moved 24 hours if there's a bid in the last 24 hours basically means you're saying the auction won't end till everyone has bid their maximum, which, if i remember correctly, isn't allowed. Staff please correct me on that if i'm wrong :)

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 1:56 pm
by The-Jack-DeCk
However impressive that amount of wool is, it can't build a border that's 2 blocks tall around the entire map. Just thought I'd correct that for you.

I wish you luck on your massive auction. By the way, how long did it take you to get all this wool? :0

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 2:02 pm
by eah
Intelli wrote:
eah2119 wrote:Instead of having a specific end date, may we have the auction end some specified time after the latest bid? It seems it works well for particular auctions where everyone wants to wait till the very end to place their bid and guarantee they win. In fact, I think if Lineant would have kept his auction for his spawn realm going, there would have been bids near the end.

And this is how irl auctions go - a going once, going twice, sold type thing (which is essentially a specified time after the latest bid).
Yes, but can only be 10 minutes max.
Can be used in combo with a specified end date (so only takes effect after the end time).

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 9:06 pm
by Rixih
You should just ya'know.. gimme all your yellow wool. ehehe.

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 10:26 pm
by General Grievous
wolfie wrote:You should just ya'know.. gimme all your yellow wool. ehehe.
:) Feel free to bid as a group

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Tue Aug 28, 2012 10:31 pm
by General Grievous
Many thanks, eah2119. By the way, the exact amount of time I can't tell you. We had 3 people, I guess we spent 60 to 100 hours in total.

Here's the update:

Auction: 1168 stacks of assorted wool

In-game Name: AlexaSConrad
Item(s) up for auction: 1168 stacks of assorted wool
Starting bid: 64 000 + tax
Minimum increments: 2 000 + tax
Ending date & time (EST): September 9, 2012 (13:00)
Buyout Price (Optional): None

PLEASE NOTE:
If you don't want/can't pay the full amount, I take realms as security to the amount of 8.5k. You sell me a realm for 1 and after you paid the amount you owe me I sell it back to you for 1. Payment securities are valid for 3 months, thereafter I'll sell them. If needed, you can get member status for realms given as security (I'll charge a fee of 500 per member/realm because I need to go to the realm).
I am selling the whole package, please don't ask if you may buy a certain number of stacks (just ask the new buyer). However, feel free to bid as team.

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Fri Sep 07, 2012 11:31 am
by General Grievous
Just found about 10 more stacks... will add them for free.

Re: Giving up my wool buisness: Selling 1,111 stacks of wool

Posted: Fri Sep 07, 2012 1:22 pm
by SneakerHead
66k