Is it just me or are OSRS accounts undervalued?

Discussion in 'RuneScape 2007 General' started by Im On Demand, Jan 27, 2019.

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Is it just me or are OSRS accounts undervalued?
  1. Unread #1 - Jan 27, 2019 at 1:07 PM
  2. Im On Demand
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    Is it just me or are OSRS accounts undervalued?

    On the account section, I am aware that almost all of those listed accounts would be recovered at one stage. What makes it obvious is how undervalued they are, in terms of time spent on the account & what they are spending it for.

    I've seen people try and sell their maxed mains (max total level) for as low as 800-1b and I just can't in anyway justify that? That would be like $0.25 an hour for your time - assuming that at max efficiency an OSRS account takes 2k hours to max.

    Obviously I'm not expecting accounts to be worth 10s of thousands, but for a maxed account and the time gone into it, I wouldn't take less than 2 or 3k for it personally.

    Additionally, you see people offer accounts with quest cape for 100-150m - yet people offer to train an account to quest cape + stats for it for $500.

    The market just doesn't make any sense to me. Does anybody else have a similar thought process on this?
     
  3. Unread #2 - Jan 27, 2019 at 2:53 PM
  4. CreativeNub
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    Is it just me or are OSRS accounts undervalued?

    If the account is provided for a service such as training/questing, the original owner is not at risk for the account being recovered later on. When buying an account there is always the risk of it being recovered hence the lower price.

    The people doing a service obviously will not work for +/- 0.25$ an hour. So prices for services are alot higher.
     
    Last edited: Jan 27, 2019
  5. Unread #3 - Jan 27, 2019 at 3:53 PM
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    Is it just me or are OSRS accounts undervalued?

    The valuation of an account highly depends on the reputation of the seller. To compensate for low rep, most sellers tend to under-value their account to attract the interest from the market and to compete with trusted sellers.

    Most sellers won't get a good return on investment, let alone break-even when selling their RS account. Yes, 0.25$/hour seems like an incredibly shit price for the time you've put in but most accounts were not made with the intention to be sold. Therefore, that 800-1b becomes rather attractive especially for an account that you don't use anymore.

    When I first joined, I sold my first RS account for like 300m which seemed like a good price. If I were to sell the same exact account again, realistically I could charge around 700m. With this being said, there are a lot of accounts being way under-valued to the point it becomes bait that it will be recovered in the future but there are times in which the seller just wants to quit the game and make some quick money.
     
  7. Unread #4 - Jan 27, 2019 at 4:27 PM
  8. WhoTookDeezNuts
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    Is it just me or are OSRS accounts undervalued?

    Account market is too risky. I've seen too many recoveries from reputable individuals.
     
  9. Unread #5 - Jan 27, 2019 at 4:47 PM
  10. jivvust
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    Is it just me or are OSRS accounts undervalued?

    Account selling is more like account renting, since it's likely you'll lose that account at some point in the future.

    Any accounts you didn't create yourself can be reclaimed by original, or one of the transitional owners at any time, even if they no longer have the creation email access.

    It's a risky proposition, and prices are a good reflection of that.
     
  11. Unread #6 - Jan 27, 2019 at 7:36 PM
  12. BUILD
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    Is it just me or are OSRS accounts undervalued?

    The problem is the market for accounts is risky, unless you're a trusted member of the community people will not be willing to
    spend money on accounts because they can always be recovered by the original owner and that is the problem.
     
  13. Unread #7 - Jan 27, 2019 at 7:42 PM
  14. nagapiiies
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    Is it just me or are OSRS accounts undervalued?

    Sometime people with a low amount of vouches are more trusted than those with vouches tbh, i think you need to feel when you are chatting with a potential seller as well. i think their personality says a lot
     
  15. Unread #8 - Jan 27, 2019 at 7:45 PM
  16. Hax Daddy
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    Is it just me or are OSRS accounts undervalued?

    I think with the high likelihood of recovery, people don’t wanna crap out a lot and lose it the next day.
     
  17. Unread #9 - Jan 27, 2019 at 8:02 PM
  18. ArPie
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    Is it just me or are OSRS accounts undervalued?

    Misleading Title.
     
  19. Unread #10 - Jan 27, 2019 at 9:22 PM
  20. Im On Demand
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    Is it just me or are OSRS accounts undervalued?

    Considering everybody up until you has replied and contributed with solid reasoning - I fail to see how my title is misleading.
     
  21. Unread #11 - Jan 27, 2019 at 9:24 PM
  22. ArPie
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    Is it just me or are OSRS accounts undervalued?

    Because it ain't just you, and it's a fact. Accounts are under value because of the risk of recoveries. Go take some pills bud. Nice join date btw, I'm almost sure your journey will be a long one.
     
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    Last edited: Jan 27, 2019
  23. Unread #12 - Jan 27, 2019 at 11:16 PM
  24. deadmou5e
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    Is it just me or are OSRS accounts undervalued?

    i feel you, my main is 2200 and i wouldn't take less than like 3B, max total for 1B is just crazy to think, but it is what it is
     
  25. Unread #13 - Jan 28, 2019 at 2:38 AM
  26. INeedOfCard
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    Is it just me or are OSRS accounts undervalued?

    It’s because you can’t make a job out of selling RuneScape accounts if you only play one account at a time

    It also depends on your geo location because in the US or Europe $1/hr is slavery. In Latin America or Eastern Europe/Slavic countries $1/hr might be more than enough to live comfortably

    You can sell a little shitty account for an extortionist amount, but it might take you a year to sell it, why wait the year when it can be gone tomorrow for less
     
  27. Unread #14 - Jan 28, 2019 at 12:37 PM
  28. Im On Demand
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    Is it just me or are OSRS accounts undervalued?

    "Nice join date" coming from someone with 200 posts. Also, why did you feel the need to bring pills come into it? I think you've got some serious projection on, considering you had nothing to add to the topic other than "Misleading title"

    Damn, you got real upset at me disagreeing with your point. Calm down little buddy, it's nobody's fault but your own you've been on RS for 10 years and let life pass you by. I'm on Sythe because I enjoy doing services in real life while also working on my certification from Cisco for Networking Engineering. Does that make you angry too? Little virgin.
     
    Last edited: Jan 28, 2019
  29. Unread #15 - Jan 28, 2019 at 4:25 PM
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    Is it just me or are OSRS accounts undervalued?

  31. Unread #16 - Jan 28, 2019 at 4:59 PM
  32. Sillymonkey
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    Is it just me or are OSRS accounts undervalued?

    First part of my reply might sound like an echo, but people are very right about the possibility of recovery devaluing the account right from the start. This is one reason why accounts from scratch services have YOU create the account and then give them the details - you remain the OO even if they are doing all the ground work. The other part of the problem is how prolific botting is these days and has been for a number of years....any skills that can be seen as impressive can be belittled by a comment of "I botted that skill to 99 in X amount of hours".

    It isn't impossible to get the value you're talking about when selling an account - but that's as an extremely trusted trader with a proven track record selling accounts.

    I sold a maxed main (99 everything but it had something like 110 Dung) before OSRS/EOC came out. The payment methods I was accepting were very limited - due to the risk of chargeback among other things (crypto was very scarcely in the market back then). I was able to find a buyer local to me and sold the account for cash-in-hand - but only got $400 at the time.

    While I could have definitely gotten more if I had widened the payment options I would have selected, it still wouldn't be anywhere near enough to cover the GP put into skills and definitely nowhere near the over 1 year of playtime (over 1 year logged in game) put into the account.

    I was fine with this because other than not having an extensive history in the market, I was stepping away from the game - and that $400 paid for a (very short but nice) holiday for my wife and myself. Years later and I can only assume the new owner is still happy with the account because I've heard of no problems about it since.

    At the same time I considered selling another 126/138 account I had - although the total level wasn't maxed. Even the feedback I got back then regarding the account made it seem not worth selling....the account was from 2001 and again had over 1yr of active playtime put into it - valuations and offers I received were at least half of what the other sold for and it just wasn't worth it. One thing that dragged down the valuation a lot is the fact that people can bot any skill quite easily - even though both of my accounts were completely hand trained (well, minus a bit of auto alching on the non max cape account...but to my merit I did babysit the account the entire time).

    I rambled so much that I CBF writing a TL;DR.
     
  33. Unread #17 - Jan 28, 2019 at 5:06 PM
  34. ArPie
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    Is it just me or are OSRS accounts undervalued?

    Free laugh thanks, you just look even more stupid.
     
  35. Unread #18 - Jan 30, 2019 at 6:39 PM
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    Is it just me or are OSRS accounts undervalued?

    The real question is who has the bigger peepee
     
  37. Unread #19 - Jan 30, 2019 at 10:12 PM
  38. Money
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    Is it just me or are OSRS accounts undervalued?

    Just because you spend x amount of gp/time on your account doesn't make it add 1:1 value. Other factors such as risk of recovery, payment method etc. could also lead to devaluation of the account.
     
  39. Unread #20 - Jan 31, 2019 at 10:54 AM
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    Is it just me or are OSRS accounts undervalued?

    And he's banned.
     
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