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Borrowing Using Grand Exchange By: Debenkey

#1 User is offline   Debenkey

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Posted 09 January 2009 - 04:28 PM

Just the other day, I was standing around the Grand Exchange trying to borrow a Saradomin Sword so I could see how good it was for strength training. I couldn't find anyone who had one to lend out to me. So I thought about the Grand Exchange and how you can buy/sell any item on there almost instantly. So why not make the Grand Exchange lend/borrow compatible?

It would work like this, when you right click on one of the Grand Exchange clerks, Jagex could add an extra option that would say "Lend/Borrow Exchange". It then brings you to a screen just like the one that you would choose to either sell or buy an item but instead, lend or borrow. If you click on lend, you select the item in your inventory that you wish to lend out and choose the price and how long the person barrowing can keep it for.
If you were to click on borrow, you would type in the item that you want to borrow and set how long you will want it for and the price you will pay.
To get the item will work the same way as when you buy/sell an item, you click on it when the little bar below the item is green.
I know that there is some flaws in this system, as in some people might put big prices to lend or borrow for items than that of people would buy or vice-versa. Hopefully Jagex could work that out like put in a price range at which you can put up or ask for.

Even though most items can be lent out or borrowed, some items can not. The items that you can't lend out or borrow include:
  • Logs
  • Runes
  • Arrows
  • Any types of food
  • Ores
  • Bars
  • Raw Fish
  • Charms
  • Planks
  • Construction Supplies
  • Potions
  • Certain Jewerly
  • Seeds
  • Charms
  • Tokens
  • Tokkul
  • Tickets
  • Spirit Shards
  • Pouches
  • Charged Items
  • Rewards from Minigames
  • Herbs
  • Sacred Clay Items


If you think of any other items that would be impossible to be lent out or borrowed because of certain reasons, then feel free to PM me.
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Debenkey /\/\/

This post has been edited by Hail: 08 February 2010 - 11:32 PM

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#2 User is offline   0mfg hybird

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Posted 09 January 2009 - 04:53 PM

best idea ever!
this way you can get decent cash for lending out items, without making rwt possible!
i really hope jagex brings out something like this
would be a big improvement
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#3 User is offline   Devin

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Posted 09 January 2009 - 05:05 PM

I think this would be a very good idea, but with some flaws. Jagex would have to put in trade limits on the items, that is a must. But here is where you have to make a choice. Does the price rise for better items? Could I borrow a rune scimitar for 1,000 gp while a partyhat goes for 100,000? If so, then you have the whole conundrum of Jagex setting prices based on what they think the item is worth. A more feasible solution is to have a standard fee for all items based per hour.


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#4 User is offline   Bust A Nut

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Posted 09 January 2009 - 05:08 PM

There should be an interface to put up items (IE: Junk).
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#5 User is offline   Maul_Says_Bi

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Posted 09 January 2009 - 06:07 PM

Seems good, should add images and more information though about how they could design it. Never know if game developers and such look over the fan sites these days. :hat:
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#6 User is offline   Will

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Posted 09 January 2009 - 06:41 PM

Good idea. I'm tired of gathering junk for lends. :-D
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#7 User is offline   Devin

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Posted 09 January 2009 - 06:50 PM

View PostWill, on Jan 9 2009, 06:44 PM, said:

Good idea. I'm tired of gathering junk for lends. :-D



Most likely if Jagex made prices for lends, many players would think they were off the mark and thus still need to gather junk.


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#8 User is offline   Debenkey

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Posted 09 January 2009 - 07:45 PM

Im working on some images should have them up by time the weekend is over.
Debenkey /\/\/
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#9 User is offline   Lord Murdoc

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Posted 10 January 2009 - 03:23 PM

Great idea, I would love something like this to come into play. When I'm skilling, I could simply lend out my rune items in the meantime, and make even more cash! I really do hope Jagex does something like this soon.

:-)
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#10 User is offline   Debenkey

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Posted 10 January 2009 - 03:25 PM

Im happy that everyone likes it so far. :-) Also, im working on the pics in Paint.
Debenkey /\/\/
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#11 User is offline   starwarsct

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Posted 10 January 2009 - 10:37 PM

This is a very useful idea. Making lending as easy as trading would be a great source of income for players with good items to lend, and would make many players happy. Plus, no more sitting around in the GE "lending [insert item here] for [price]" over and over again...
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#12 User is offline   Prof. Chaos

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Posted 10 January 2009 - 11:17 PM

I like the pictures
But, i do see a flaw.

I'd take out the "until log out" option. Simply because people could lend it for (set amount) Then log out, and redo it over.

Other then that, nice job on the new pics.
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#13 User is offline   Holleh

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Posted 11 January 2009 - 12:00 AM

I like this idea. Since the G.E. update, less people have turned to the forums unless for junk trades. It would be easier just to add this to the G.E. since it already seems to be popular. It would be much easier, especially if your not looking to borrow a popular item, like a mask or something. Also if your not using your items at the time and won't be because your working on something else, and don't feel like taking the time to look for someone who wants your item.
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#14 User is offline   Teddy

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Posted 11 January 2009 - 11:01 PM

Seems like a good idea to me. I got a change that could make your suggestion look a bit better. Remove the pictures and paste this code where the pictures used to be. It will get rid of the stupid fish advertisements and will make it so it doesn't link to imageshack.

[img]http://img339.imageshack.us/img339/7012/lendingborrowge2yv5.png[/img]
[img]http://img339.imageshack.us/img339/6820/lendingborrowge3yz2.png[/img]
[img]http://img134.imageshack.us/img134/4174/lendingborrowge4lg7.png[/img]
[img]http://img339.imageshack.us/img339/6203/lendingborrowge5dp5.png[/img]
[img]http://img339.imageshack.us/img339/2075/lendingborrowgeav5.png[/img]


-Teddy
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#15 User is offline   Hail

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Posted 11 January 2009 - 11:07 PM

It would be a good idea, especially if the price was a certain percentage of the items' maximum and minimum(so you have limits, but can still have competition and flexibility).
Suggestions CL
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#16 User is offline   Teddy

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Posted 11 January 2009 - 11:09 PM

I have a question or two that you may wish to address in your suggestion: How would Jagex decide the lending prices? How far up could the lending prices go...30K? Would that 30K lending price only apply ingame and allow much higher lending prices in the Grand Exchange?

-Teddy
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#17 User is offline   Bust R Blade

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Posted 11 January 2009 - 11:25 PM

Id like it if they make a standard 10% of the price until its at a max of 100k per /hr
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#18 User is offline   Jip.

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Posted 11 January 2009 - 11:29 PM

View PostTeddy, on Jan 12 2009, 03:12 PM, said:

I have a question or two that you may wish to address in your suggestion: How would Jagex decide the lending prices? How far up could the lending prices go...30K? Would that 30K lending price only apply ingame and allow much higher lending prices in the Grand Exchange?

-Teddy


The item / 100k (for an item over 100k) below is : The item / 10k. Could solve the problem? Or just keep it as trade limits....
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#19 User is offline   Slamajama

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Posted 12 January 2009 - 12:50 AM

Certainly seems like a great idea! Would overall help out lenders and lendees! I do have a feeling there would need to be a price range set by Jagex however (And there probably would be). Which some people might not like but you can't be too greedy :rolleyes:
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#20 User is offline   Debenkey

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Posted 12 January 2009 - 03:03 PM

View PostTeddy, on Jan 11 2009, 11:04 PM, said:

Seems like a good idea to me. I got a change that could make your suggestion look a bit better. Remove the pictures and paste this code where the pictures used to be. It will get rid of the stupid fish advertisements and will make it so it doesn't link to imageshack.

[img]http://img339.imageshack.us/img339/7012/lendingborrowge2yv5.png[/img]
[img]http://img339.imageshack.us/img339/6820/lendingborrowge3yz2.png[/img]
[img]http://img134.imageshack.us/img134/4174/lendingborrowge4lg7.png[/img]
[img]http://img339.imageshack.us/img339/6203/lendingborrowge5dp5.png[/img]
[img]http://img339.imageshack.us/img339/2075/lendingborrowgeav5.png[/img]


-Teddy


Thanks for the tip, i will add it in.
Debenkey /\/\/
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