The World of Warcraft neutral auction houses located in Booty Bay and Gadgetzan are a great way to make gold off of faction unique items such as pets. You can buy the regular vendor pets listed in my Vendor Pet Gold Farming post from last October if your not an 80 and still make some pretty good gold farming this way.
If your 80 you can make even more gold by farming Champion Seals from the Argent Tournament Dailies and ToC. You can use the Seals to buy the pets from the Argent Tournament Quartermasters. The pets cost 40 Seals each so the more often you do your dailies the better. Which might sound like blah but if you want to make some gold you got all the gold from the dailies plus and extra 1-2k to add to the bank every few days from selling the pets.
Argent Tournament Daily Walk throughs here.
You could also just go straight to the neutral auction house and just buy the regular and or rare pets of the opposite faction. Then go repost them on your factions auction house at a markup. There are many ways to use the neutral auction house for easy gold farmage.
This is just one way to start using the neutral auction house to your advantage. Check it out give it a try and maybe you'll see some other goods on there you could flip for some easy gold farming in World of Warcraft.
P.S.
Planting an alt at one of the Neutral Auction Houses can be a real time saver.
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