There should be a weekly fee for listing land for sale

Since LL makes so much money off their ability to generate L$?

...I do like the idea of a land-for-sale listing fee, though. Would definitely give residents some incentive to create alternative listing services.

EDIT: and one more thing. I want two checkboxes. One for "Set this land for sale" and "List this land for sale." Listing Land != Selling Land.

I agree, one should be able to put a for sale sign in one's yard without paying a fee.

Basically if we had 1/3/7 day auctions, land barons would bid on all the auctions and set it to all buy now.

99% of people who want land would probably want to buy the land when they're online rather than have to wait for some auction to close and not knowing if they're going to get it or not.

If we didn't have buy now, then a lot of people probably just wouldn't buy land and that'd screw the market completely.

After some deliberation on this I have decided to change my vote. I now love the idea. I think it should run like the old object taxes used to run, once per week.

More fees please.

Agreed.

No seriously, what is your objection?

To be honest, I really really hate the idea.

I was hoping everyone would shout me down and tell me why this was never going to happen and therefor I wouldn't have to worry about it actually happening.

Well... yeah.. it sort of sucks that we'd have to pay up to keep land extortionists at bay. I wish LL would do something about it.

This will only punish the buyers, not the sellers. Sellers will just include the costs in their selling price. This will markup all current land for sale by L$30 (or whatever the listing cost would be).

It may also reduce the amount of land that is published/listed, therefor limiting the variety and selection that buyers currently have. Instead they will only be able to find land for sale from those who have the capital to list.

I bet this feature raises prices across the board. But maybe that's its secret agenda. In fact it even has the added side effect of increasing the value of the L$ that those with more capital have by reducing the overal amount of L$ in world. Be careful what you wish for.

Here's an idea: "FOR SALE" sign overlay on land parcels that are for sale when we turn on property lines. This way we can get rid of all those ugly prim-based signs!

Seriously, I like the idea now. I think that this would be beneficial to the community (and my business model).

I may start a feature proposal suggesting this.

I am not so sure this would keep extortionists at bay, they may just raise their prices to accomodate the new fees.

I was going to suggest a max per meter fee for land, to keep the extortionists in check, but can not come up with a good max price. Hell, the last auction in Boardman would have been an illegal sale if we imposed a cap on land prices.

What about just limiting the amount you can list land for?

Say for example I have a 512m parcel. I dont really want to sell it, I just want to spam the classifieds.

So I list it @ 9,999,999,999.0

Obviously no one will buy it.

BUT

What if SL calculates the avg mean price of my land size. Lets say 512m goes for, on average, 3.5 $L/m

Ok, so now it comes up with an average price of ~1800 $L (for what my plot is worth on the current market). It then lets me price my plot up to 5x its actual value, no more.

That way, if some smart ass wants to post classifieds in there, they could only list their 512 plot at a maximum of 9k $L.

Now, granted, WAAAAY overpriced for a 512 parcel (and obviously just based on off the top of head numbers) BUT, they would be seriously hesitant to put that land up for sale now, as someone may seriously come along and snatch it away from them.

However, I do also agree that a fee for listings should also be imposed. I mean, we pay to advertise our places (30$L a week). Quite frankly that is a pittance.

I get 500$ a week free. 30$ x 4 for the four places I advertise. Then lets say I want to sell 3 parcels. Another 3 x 30. What am I looking at ?? 210$L ?

I mean that still leaves me with 290$L free, plus what I make from my sales.

How greedy do we need to be in here?

The problem with this is it will discourage those that advertise land at the lowest profit margins, and encourage people to charge higher prices. People don't find extortion land through the Land Sales search. They find over priced extortion land by looking next door to find 50 rotating giant signs.

If a person can no longer afford to sell land at a low profit margin, then there will be less people selling land at lower prices, and more of the land sellers that remain will try to get a larger profit to cover the cost. The land sellers will lose profit from such a policy, but the buyer would find higher prices as well.

What about really desirable land? Land next to hubs, Boardman, the city sims, Jessie...just to name a few. We also have the ability to sell the objects on the land with the parcel, surely a telehub 512 m2 parcel with content is worth 5x more than an average 512 m2 parcel in a newb sim.

I agree that land extortion is a problem, I just haven't seen what I would consider a solution to the problem.

I kinda like the idea of a $30 fee to be listed in the land for sale directory, per parcel, per week.

Because:

--Yes, it would encourage larger parcels (don't see anything wrong with that)

--If you were serious about selling, the cost could easily be absorbed by the selling price.

--It'd be another money sink.

--If you place your parcel up for L$999999999 just for the heck of it, you'd die the 'death of a thousand cuts'. ($30 charge per week)

--Incentive to realistically price parcels to sell


What's not to like?

ugh... true.

I agree. There's nothing more irritating that trying to use Find/Land Sales to look for a parcel to fit your latest project into a quarter Sim tier, and finding nothing - because all the parcels that could be right for you have been divided up into endless 512 m2 bits. Instead you have to scroll around the map, hoping to spot something yellow and suitably sized.

I blame (name not included to save Jeska some work) for the current trend of selling everything in 512 m2 lots.

I support this idea.

Very good point, however, if you can't set your land to sale it would become annoying to have to deal with people who hate your guts in a land transaction.



Well, yes and no. Prices would be kept low to ensure a quick sell off.

However, I could see how this might start driving a lot of people to the islands where deals are done on a rental basis and no land sales tab to worry about.

My secret agenda is to understand this before it understands me.

Haven't you all figured out YET that any time there are tarrifs or costs added to a product that those costs are ONLY passed on to the customer?

It's that way right now in RL why would it be any different in SL?

Well, that simply ain't true. I and a lot of people I know wouldnt touch SLEx with a barge pole of any length, no matter how sharpened to a point said pole might be.

There will always be people using other methods simply because of who's behind SLEx. So if this 'critical mass' is ever achieved and LL stop providing an official alternative, I will personally guarantee that someone will come up with a 3rd party alternative for those of us who wouldn't ever use SLEx.