I used the neutral AH all the time to build up a nest egg when I went back for BC. Transferring thorium from alliance to horde and solid stone of all things from horde to alliance. The problem with trading goods to sell for money is finding something that people are actually buying. Expansions and large patches usually saw a surge in something, but I didn't see very much of that with Wrath, and by now the market is probably pretty quiet. Even twink items were hard to sell on my server by the time I left.
/who is your friend. While flying my toons from each side to an AH, I just /who Gadgetzan, /who Tanaris and /who Winterspring on each side. Anyone under about 20 is most likely sitting there scanning the AH.
Set up what you're going to buy before you post it. I always put the item I'm looking to buy in the search, search for it once and then put it up on the other toon. This way I know if there's another one up so I don't accidently buy the wrong one and don't have to waste precious seconds typing it in while it's posted.
Not sure if it's still this way in the default interface, but in Auctioneer, bids don't require confirmation, buyouts do. Setting the bid and buyout the same lets you just bid to win, saving you a second or two. If it's an item I don't want to potentially lose, I tend to use a higher price. People scanning the neutral AH for profit are looking for the people posting things for less than a few gold to save on AH fees.
Transferring money directly is easy, though. No one is going to pay 2k for a stack of linen.
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