The AuctionWatch addon is a fast, small way to monitor your auctions. It will not remember individual auctions, but it will remind you of those that you have to post. When you run the addon, you will see a frame that will list the number of auctions you have posted, the Character – Realm name, and the time since the last time you opened the auction house.
Auction watch results do not always reflect the true value of the pieces you are interested in. They are often affected by emotions and the attention of the people watching the event. As a result, the auction watch could sell for $1,000 in one auction, but for $5,000 the next. These are factors that you should consider when you are considering purchasing an item.
While the starting price is usually lower than market value, you can still find a bargain if you are lucky. If you choose a watch that is undervalued, it may be a good investment. But you should be aware that a big brand watch, like a Patek Philippe Nautilus ref. 3700-1A, is unlikely to be undervalued at an auction.
The buyer’s premium is another factor that determines the price of an auction watch. This fee is typically around 10% of the hammer price. Since the buyer will usually be paying a buyer’s premium, it is crucial to understand how the process works. If the seller doesn’t get their minimum price, he or she may withdraw the item from the auction.