Many first-time flippers or merchers make the mistake of looking for items to flip before learning how to flip. This will result in a lot of money loss as there is no way the items you found in some random youtube video, are going to make you any money due to the constant price changes in the grand exchange. This complete osrs flipping guide covers how flipping works, how to manually check profit margins, and how to find the right items to flip in osrs.
If you do really want to know which items to flip, which I recommend you to only do AFTER reading this complete osrs flipping guide, check out our other article on the 5 best items to flip in osrs. That article covers 5 categories of items which are almost always profitable but you will still need to do your OWN research before starting.
What is flipping
Simply explained, flipping is the art of selling a product for more than you bought it for. This requires some research, personal testing and patience.
Not convinced? Think about this:
How many times have you been to the grand exchange and sold something for the middle or even the lowest price just because you wanted to get rid of it quickly? This kind of behavior, is the main reason why flipping in osrs is so profitable. People use the grand exchange for convenience. We are no longer patient enough to sell our items in world 2 varrock to get the most bang for our buck. We now have access to the grand exchange.
#1 flipping mistake
Like I mentioned previously, the number 1 mistake people make when they first dabble in flipping is that they don’t know HOW to flip and instead focus on WHAT to flip.
Wouldn’t it be so easy if you could just google “items to flip” and the result would show up so you could simply copy and paste and make millions? This method couldn’t possibly work because in the mean time thousands of players are doing the exact same thing.
This is the complete wrong mindset. First you must learn how flipping works, how to test items and then you can focus on finding the right items. By doing your own research, of course.
How to find items to flip
Popular items are very good for flipping as they are constantly bought and sold and heavily play into our theory from earlier, people sell at the grand exchange for convenience, not to get the best price.
Popular items include:
- Zulrah drops (mainly scales)
- Barrows items
- PK items such as
- PVM items such as whip, toxic trident, fury, etc
For more in-depth info on which items to flip, check out our other article: 5 best items to flip in osrs.
Checking the grand exchange and ge-tracker for these items daily will give you a good idea of which items are worth flipping that day. But don’t stop there, use your imagination. There are many items being bought and sold on the grand exchange at all times, take advantage of them.
Again, don’t make the mistake of only flipping items your peers tell you about. Doing this, you will not only loose money often because you’re too late but you are also missing out on some seriously profitable flips.
How to manually check the profit margin
Another big mistake new flippers make, is that they blindly trust what ge-tracker or friends have to say about a certain item. The market is constantly changing, you have to do your own research by manually checking every item you consider flipping.
To manually check the potential profit margins you have to buy the item for a high price first and then sell it for a low price. Doing this, you will instantly see the potential profit margin for that item. After that, you can decide whether or not the item is worth flipping.
To sum up:
- Buy the item for more than its value (+10%). This is the price you would sell the item for.
- Sell the item for lower than its value (-10%). This is the price you would buy the item for.
- The difference between the two, is your potential profit margin
If you don’t understand how to manually check items, please refer to flippingoldschool’s video.
Step by Step Flipping Guide
Here’s a quick in order sum-up of how you should be flipping.
1. Find your items and write them down
Notes: Stick to popular items as a beginner and use a spreadsheet to make his step easier to keep track off.
2. Research the buyer history
Notes: This step is optional and not always necessary when just doing high-volume flips but it can give you an extra sense of security.
3. Manual checking
Notes: This is the step where we do our own due diligence and find out whether the item we found is still profitable in the grand exchange. Refer to our 3 step sum-up above.
4. Start flipping!
Tips for first-time flippers
- Patience is key. If you’re a patient person who’s eager to learn, flipping will be really profitable for you. If you’re impatient, flipping might just loose you more money than it will make you.
- Stick to daily flips. Flipping is very different from merching, where players tend to “predict” whether or not an item will go up or down and act accordingly. Merching is a dangerous activity, instead, focus on flipping which requires a lot less risk.
- Don’t expect to get rich quick. If you think you’re going to make one billion GP a day with flipping, you’re wrong. Unless you have extensive experience, billions of coins scattered around many accounts to defy buy limits, and loads of time, you won’t be reaching that kind of money with daily flips.
- You will lose money. This is something you need to accept. You will lose money with flipping, especially in the beginning. Even experienced flippers still make mistakes every now and then.
- Keep a spreadsheet of your daily flips. Keeping a spreadsheet (use google sheets, it’s free) will help you keep track of which items are making you which margins. The more you start tracking, the faster you’ll be finding new products to flip every day.
- Keep buy limits in mind. Every product has its own buy limit depending on its value, make sure you always know the buy limit of the product you’re trying to flip. Buy limits reset every 4 hours.
Helpful Flipping Resources
Hopefully, this osrs flipping guide has taught you how to get started with flipping, where and how to find the right items, how to manually check those items, and more.
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