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Investing Adventures: The World of Warcraft Experiment

I’ve decided to try something new in my quest to make a few bucks: Buying under-valued property and selling it for what I believe it’s worth. The property that I’m referring to, of course, is World of Warcraft accounts. You may not realize it, but the market for World of Warcraft accounts and characters is booming - just check out accounts.net. Take a look around and you’ll see that the average price for most characters is around $600. Not bad.

So, why does this little venture interest me? Well, as I’ve mentioned before, I used to play World of Warcraft regularly. Not on the foaming-at-the-mouth addict scale, but around 5-10 hours per week. I quit back around August of last year, and haven’t played since. Now, a good friend of mine recently gave up WoW as well, and he sold his account at the aforementioned accounts.net. This planted the idea in my head, and I started to do some research.

Now, keep in mind that I could never sell my beloved character, as I’ve poured way too much time into his development to part ways. For all of you non-gamers, imagine selling a puppy after caring for it and playing with it every day for three years. It’s kind of like that. Anyway, while I have no plans to sell my personal account, I couldn’t help but notice that a lot of people that attend my University are trying to sell theirs. They obviously haven’t heard of accounts.net, because most of them have been unable to make the sale. That’s where I step in.

Utilizing the magic of Facebook, I created a marketplace listing indicating my interest in buying WoW accounts. I made it very clear that I didn’t care how fantastic their characters were, and that I would only pay $100 for high level characters. Surprisingly enough, I’ve had three people contact me so far. I met with one and we made the exchange. From that transaction, I acquired a decently-geared, high level dwarf (let’s just call him Bob).

Next, I went to accounts.net and had Bob appraised. He’s a little behind the times in terms of magical gear, so I could only expect to get around $200 for him. Still a profit, but not as much as I’d hoped. So, for the next few days, I’m going to spend an hour or two each day ‘tuning up’ Bob to maximize my profit. Depending on how this little experiment goes, I’ll do the same thing for the other interested parties.

Wish me luck.

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12 Responses to “Investing Adventures: The World of Warcraft Experiment”

  1. Ty Brown Says:

    They had a big segment on the local radio show yesterday with people calling in to tell about how WoW has ruined their lives or the lives of people they knew. I guess that stuff can be very addictive.

  2. Royal Radande Says:

    Good luck!

  3. Matt Livingston Says:

    Best of luck with this venture - the numbers are definitely in your favor. Flipping accounts seems like a fun idea to make some quick cash.

  4. Steven Fergus Says:

    Interesting, sounds like a great idea! I have a World Of Warcraft account which I’ve had for such a long time. I stopped play around 1 year ago, but still have the account. I have a level 60 Dwarf warrior, 2 level 40ish’s and some other low levels.

    Do you think I have any chance of selling it?

  5. C-Squared Says:

    If you consider how long it takes to actually get to Level 70 or 60, and then divide it by the hours, your pay rate is absolutely terrible.

    But then again, you’re reselling them, not making them.

  6. Tim Spangler Says:

    Ty:
    You’re absolutely right. MMO games ruin lives. Somehow Geoff was able to keep it in check but the vast majority of people I’ve met who played these games got sucked into the point of losing their friends and failing in their studies.
    Stay far away from MMOs.

  7. Some guy in Japan Says:

    I’m a true story that you can survive WoW.

  8. Sabrina Says:

    I got into an older version of the Sims a few years ago, before it started taking weeks just to get your house how you like it. I have to have limited options, lol. Great idea though and I’d be interested to hear an update on this in the future, if you’d indulge that is…

  9. Some guy in Japan Says:

    Fuck accounts.net. Stay away from them.

    I listed my own “Bob” up there. About two days after I gave them my info and had yet to get an email from them, but I did get an email from Blizzard saying my password had been changed.

    I immediately changed it back and logged in to find that they had siphoned 400 gold from my account.

    Fuckers.

    Seriously, avoid accounts.net.

  10. Some guy in Japan Says:

    Oh yes, I have yet to receive any correspondence from them. At all.

  11. Mazol Says:

    Anyone now what happened to that site accounts.net?There webpage isnt working and i goted and account for sale there!!!

  12. wow accounts Says:

    Nice post. This post is different from what I read on most blog. And it have so many good things to learn. Thank you for your sharing!

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