Buying and Selling
After settling into a reasonably priced hotel and enjoying a meal that, while not particularly delicious, had its own unique flavor, Ling Yi and his group of six once again ventured out onto the street.
This time, the six fine horses were stored in the hotel's specially set-up stables, and the group strolled around, looking at them as they went.
Before long, Ling Yi and his group arrived in front of a huge, extremely luxurious circular building.
Looking up, you have to tilt your head back forty-five degrees to see the top of the building meet the light blue sky.
Jiang Yuan pondered whether there were such magnificent buildings within the territory of the [Water Wood Duchy], but ultimately shook his head helplessly in his heart; the answer was obvious.
Turning around to look at the little ones beside him, he met the gazes of Ling Yi and the others.
Jiang Yuan was slightly taken aback, wondering why these little guys seemed so unfazed.
Ling Yi's temperament was calm enough that Jiang Yuan was not surprised by his performance. But why were Zhang Mufeng and the other two, as well as Li Zhishu, so indifferent?
Little did they know that Zhang Mufeng and his two companions, having witnessed the rapid development of "Blue Silver Territory," would not feel any special emotions towards a mere building, unlike Jiang Yuan.
All three knew that while buildings could represent the prosperity of a place, people were the true foundation of a place. Looking at the bustling streets and seemingly thriving scene, almost half of the pedestrians had cautious expressions and numb eyes, completely unlike the people of the "Blue Silver Territory" who possessed a spirit that came from the bottom of their hearts.
Li Zhishu, on the other hand, was looking around the street, searching for unique delicacies and snacks, completely indifferent to architecture and such.
Seeing all this, Ling Yi understood that Jiang Yuan was simply overthinking things.
After all, Jiang Yuan was someone who had once left the [Water Wood Duchy] and roamed the battlefield on the border between Heaven Dou and Star Luo. He took a light breath, then slowly exhaled, patted Ling Yi's arm, and said, "Ah Yi, you go first. After all, this time it's your turn to lead—"
After saying that, without waiting for Ling Yi's response, she took half a step back and stood to Ling Yi's side and behind him, waiting for Ling Yi to continue walking forward.
"..." Ling Yi looked at Jiang Yuan, then at his friends, and received four pairs of "you decide what to do" looks from them. He shook his head helplessly, nodded to Jiang Yuan, and took the lead in walking towards the circular building in front of him.
Under the watchful eyes of two gatekeepers, each at least One-Ring Soul Master, the six entered the gate. Just as they took in the vast space and magnificent, opulent decorations, a well-dressed young man stepped forward, smiling, and asked:
"Greetings, gentlemen. My name is Xiao Tie, and I'm a staff member here. How can I help you?"
Looking at this young man, roughly the Li Zhishu and exuding an aura comparable to Long Yin's, Ling Yi's face revealed the same... no, an even more genuine smile, and he said:
"Hello, my companions and I have heard that a large-scale auction is about to be held here. We would like to ask what the requirements are for participating in this auction?"
"Okay, I understand~" The young man named Xiao Tie nodded and replied with a smile on his face.
He paused for a moment, then slowly followed Ling Yi and the others, and began to introduce them:
"Guest, the auction will be held in three days, on the third floor of our building."
Unlike the large marketplace on the first floor where any customer can browse freely, entry to the auction hall on the third floor requires qualification verification for bidding.
As they walked and listened, Ling Yi spoke up at the opportune moment, saying, "Could you please explain the bidding qualification certification in more detail?"
Xiao Tie nodded upon hearing this and continued with a smile, "Generally speaking, the qualification certifications of auction houses in all major cities and main cities are similar, and they are divided into several different levels, with the entry threshold being 10,000 Gold Soul Coin."
In other words, proof of 10,000 Gold Soul Coin is required to participate in the auction. This is a necessary measure to prevent malicious bidding. We hope our guests will understand.
At this point, the young man named Xiao Tie subtly observed the expressions of the six people in front of him. Seeing that Ling Yi and the others didn't seem to care at all after hearing the amount of 'ten thousand Gold Soul Coin,' he felt reassured and his smile became more enthusiastic.
As they spoke, the group had already reached the weapons section of the large shopping mall on the first floor. Ling Yi glanced around and saw that all the weapons he saw were of high quality and over Five Hundred Refinement, with some swords and sabers of 700 or 800 forgings. They were displayed on weapon racks that were obviously very valuable, making them look even more extraordinary.
Turning to look at Xiao Tie, Ling Yi's voice was neither too loud nor too soft, but magnetic and pleasant. He chuckled and said, "Ten thousand Gold Soul Coin is no problem, all of us brothers can afford it~"
Just as Xiao Tie's eyes lit up, as if he was about to say something, Ling Yi changed the subject and continued, "I'd like to ask a few more questions~"
Xiao Tie quickly replied, "Please speak, esteemed guest."
Ling Yi: "My first question is, if we also want to sell some items through this auction, what procedures are required?"
"That's easy~" Xiao Tie replied, "Our auction house has professional appraisers. As long as you hand over your items to our auction house's appraisers for appraisal, and the value exceeds one Gold Soul Coin, they can be included in the auction three days from now."
At this point, Xiao Tie paused, smiled apologetically at Ling Yi, and continued, "However, if the auction is successful, our auction house will take 10% of the transaction price as a commission. We hope our esteemed guest understands."
"That makes perfect sense~" Ling Yi nodded, indicating his understanding of the auction house's practice of charging a handling fee.
But even though I say that, I still have some complaints I want to voice.
The statistics of this world are truly speechless.
If he remembered correctly, in the original story, when Tang San took Xiao Wu to the Heaven Dou Auction House, the introduction they received seemed to be exactly the same as that of Xiao Tie in front of them.
Ling Yi had already thoroughly understood all the information he had gathered beforehand. He only accompanied this staff member named Xiao Tie through the process so that he and his companions wouldn't seem out of place.
According to the information Ling Yi obtained, the commission on the auction price seems to be 10%, regardless of the selling price.
This data is rather ridiculous.
Generally speaking, the higher the transaction price, the lower the commission rate will be.
But it's completely different on the Douluo Continent. Here, if an auction sells for one million Gold Soul Coin, the auction house will take one hundred thousand Gold Soul Coin; if it sells for ten million Gold Soul Coin, they will take one million Gold Soul Coin.
Of course, if the minimum bidding standard is met and the bid is sold at the starting price of 1,000 Gold Soul Coin, the auction house will only charge a handling fee of 100 Gold Soul Coin.
However, this data is still incredibly frustrating.
If Ling Yi were strong enough now, he would like to open an auction house and set different commission rates according to the different prices of the auctioned items, fluctuating between 0.5% and 5%. This reasonable discount alone would be enough to snatch up more than 80% of the auction business in the Douluo Continent!
Who doesn't like a little money, especially for valuable items? A 10% handling fee is enough to make many people back out.
In Ling Yi's view, in such a supernatural world, the profitability of auction houses should be ranked second. The most important thing is that this platform can bring together good things from all over the continent.
Many things may not be very valuable, but they are available but unavailable. You want to buy them, but you don't know where to buy them.
Just like Ling Yi's goal this time.
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