World of Warcraft, Action Houses are a popular place for all WOW players, because you can make World of Warcraft money here. Action Houses are the central hub for buying and selling goods and making massive WOW gold. Located conveniently in all cities, they allow you to sell to and buy items from other players of your faction. Neutral auction houses even allow you to engage in trade with players of the other faction - the only means in-game to do so.
Sellers
How to operate in an Action House? Every player can be a seller. Sellers are able to place items up for auction, set a starting price, set the auction duration, and include a buyout price by speaking with an Auctioneer. The deposit fee is refunded upon the successful sale of the item. Successful sales are charged an auction consignment fee which is extracted directly from the final sale price. Fees are higher at neutral auction houses.
Buyers
Meanwhile, buyers are able to search through items up for auction, place bids, and immediately purchase items that include buyout prices. Players are not able to place bids on items being sold by a character on their own account. Pay highest price for the item, and you will get it.
Buyers receive their purchased items, and sellers their WOW money, through the in-game mail system. An invoice of the transaction is included with the goods or proceeds.