Haggle

Haggle (Cha)
If you dream of riches, haggle will be your best friend, allowing you to buy and sell for much better prices.

The basic formulas are: Selling = Base SELL percentage + (0.25% * Haggle).

Buying = [1 - (0.005 * Haggle)] * Markup. (Markup varies depending on Vendor/level of Broker)

Progression table
Vendors and Tavernkeeps buy and sell at rates based on completion of a specific Reputation Quest. Talk to the City Ward greeter or contact for specific information on Reputation quest (or see full list below). Brokers have varying rates based on minimum level of items in which they deal (eg., ml:2/0 Broker refers to min level 2 weapons/armor brokers and min level 0 clothing/jewelry brokers).

Note that with the addition in Update 5 of the Guild General Vendor in House Kundarak, using Pawn Brokers to sell your loot is now pointless. You only need to be in a Guild of Guild Level 4 or more to use the Guild General Vendor, and this vendor buys your loot for 1.5% more than the Pawn Brokers would. So, the Pawn Brokers will probably become completely empty as everyone just sells their loot here instead.

Here is how Haggle impacts the buying and selling price of items, at the different vendors.

Example: A player character with 0 Haggle skill wishes to buy a ml:2 weapon from the Broker. The base value of the weapon is 8,000gp. The ml:2 Broker markup is +25%. So the player can BUY for 125% ItemBaseValue, or 10,000gp. The same player uses another character with 40 Haggle and can BUY the item for 100% base value, or 8,000gp.