Information on the Diablo III auction house has been released and boy does it look awesome. With the auction house Blizzard intends to link all players together over Battle.net and allow them to trade, buy, and sell loot to players in their region. Blizzard wants the market to be regulated by the players, so at first prices may be in accurate and high but over time it should level, much like in auction house of World of Warcraft.
The will still be a gold based auction house to choose from but no real currency will be used in it, it is comparable to the WoW action house's buying and selling method of in-game currency. With the real money auction house you will be able to use the money as credit toward buying blizzard products or you may send you money through a third party and get it converted into real money for you bank account, however with this option a nominal fixed transaction fee will be deducted from the seller for each item listed in the auction house. Specific details for the fee will be announced in the future. In order to keep the market fair and fun there will be guidelines set to keep players from spamming worthless items no one would want and the will also be a strong lack of "soulbound" items, which prevent the trade and sell of items. Some items from quests and special situations will be soulbound to the player, but in most cases a player can buy, wear, then resell these items.
Coming from someone who's favorite feature of WoW was the auction house, this addition to Diablo III sounds like a great idea and who knows, maybe Diablo III will end up paying for itself.
Christian "G+" Spring
of Warcraft Death Knight Players choose Blood Elf or Human as their Race.
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