We've created this list of the top 10 things you need to know about the Diablo 3 auction houses. The (extremely long) Diablo 3 auction house FAQ introduces you to all the ins-and-outs of the brand new system coming to Diablo 3, but we know that you're a busy (read: lazy) gamer and don't want to read the entire FAQ, so here you go:
1. If there is a patch and the item you bought is altered, Blizzard will not be providing refunds or making other accommodations for you. What this means is that you better be sure you want that item, because you won't be able to go crying to a GM once it's nerfed.
2. Hardcore-mode characters won't be able to use the real-money auction house. They'll only be able to buy and sell items with other Hardcore characters from a gold-based auction house. Also, if a hardcore character dies with items they bought from the auction house, they'll lose those items as well.
3. You'll receive the proceeds from your auctions in your Battle.net Balance after Blizzard takes a 15% cut, and only players in certain regions will be able to send the proceeds directly to their PayPal account. Your Battle.net Balance can be used to purchase Blizzard digital products like WoW realm transfers, digital versions of games, and more.
If you transfer your proceeds to PayPal there will be a 15% transfer fee on top of the 15% cut that Blizzard already takes per posting. You also have to choose which method you're going to use prior to posting each auction, on a per-auction basis.
Check after the break for the rest of the list.
4. Items are bound to the servers in the region in which they were bought. Meaning, if you buy an item in the American region, then that item can't be transferred to a European or Asian server.
5. Both the real-money and gold-based auction houses will be anonymous. No one will be able to see your real name, character name or BattleTag when they're buying from the auction houses. Not only will this add an extra layer of security to the game, but it will also allow people who are constantly putting up high-tier items to farm in peace.
6. There's will be a $250 cap placed on everyone's Battle.net Balance. If your Battle.net Balance ends up exceeding $250, then you'll have to create a PayPal account in order to get your proceeds.
- NEWS: Diablo 3 Will Only Support 4-Player Co-op And Won't Have In-game Voice Chat -- Community Manager Bashiok Explains Why
7. Everyone can list 10 items in the real-money auction house as well as 10 items in the gold-based auction house at a time. Stacks of commodities (like crafting materials) count as one active auction, and expired items listed in your completed tab count will count as active until you move them to your stash.
8. The gold-based auction house will be available at launch, and Blizzard plans to bring the real-money auction house online approximately one week after the game’s U.S. launch on May 15, 2012.
9. It will take about three days for proceeds to appear in your Battle.net Balance or PayPal. In rare cases it will take up to five days so don't freak out if you think that Blizzard or someone else scammed you.
10. Blizzard doesn't plan on posting weapons, armor, or other items in the real-money auction house. They want the auction houses to be a place for players to sell the items they've obtained, and don't want to mess with the economy.
Again, you can check out the full Diablo 3 auction house FAQ for an extremely detailed account of how the auction houses will work in Diablo 3. What do you think of the real-money and gold-based auction houses now that you have a little bit more information on both of them?