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Silly auction time again

Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
10-11-2005 08:25
http://secondlife.com/auctions/detail.php?id=0026197502

5000 m2 of land that's a Sim away from a hub, going for more than the price of two whole Sims?!

I know we have at least one land-happy lottery winner in SL, but really folks.....
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MJ Hathor
Purple Butterfly
Join date: 17 Mar 2005
Posts: 901
10-11-2005 08:27
Pretty sure this was a mistake and if it wasn't, then whoever wants to pay that much for virtual land no matter how special it is can have it!

MJ
Musicteacher Rampal
Registered User
Join date: 20 Feb 2004
Posts: 824
10-11-2005 10:10
That is rediculous...I posted a hotline topic and hopefully a Linden will do the right thing and contact this person...they've got to be thinking that they're bidding $L and not $US.
Shaun Altman
Fund Manager
Join date: 11 Dec 2004
Posts: 1,011
10-11-2005 10:18
From: musicteacher Rampal
That is rediculous...I posted a hotline topic and hopefully a Linden will do the right thing and contact this person...they've got to be thinking that they're bidding $L and not $US.


Usually they're just thinking that it would be fun to mess around with the auctions. I once got beat on a sim auction by someone who isn't even a member anymore! :)
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Shaun Altman
Fund Manager
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Musicteacher Rampal
Registered User
Join date: 20 Feb 2004
Posts: 824
10-11-2005 10:25
can they take back their bid? or are they stuck with it?
Shaun Altman
Fund Manager
Join date: 11 Dec 2004
Posts: 1,011
10-11-2005 10:31
From: musicteacher Rampal
can they take back their bid? or are they stuck with it?


Yes you can retract a bid. If you do this, you pay a small % of your actual bid. Then, the parcel is offered to the SECOND highest bidder for their MAX bid, NOT the portion of their max bid which beat someone other than the auction gamer. :) Interesting how that works eh?
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Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
10-11-2005 10:47
From the FAQ:

From: someone
Resolving Auction Problems

What if I win an auction but realize I've made a mistake?
Please send an email to [email]land@secondlife.com[/email] with all auction questions. If you are unable or unwilling to pay for land bought in an auction, then you will be charged a restocking fee of US$25 (L$6000 for $L auctions).

What happens if the winner doesn't pay for the parcel?
The second highest bidder has the option of buying it for their highest bid. If the second bidder refuses the option, then the parcel will be auctioned again.


Thing is, from the bidding history, there must be at least TWO people making "mistakes"
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Land Developer, Builder and Real Estate Agent
Come to my events!
Sundays at 10:00 am: Texturing Contest
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Dark Korvin
Player in the RL game
Join date: 13 Jun 2005
Posts: 769
10-12-2005 00:28
From: Lisse Livingston
http://secondlife.com/auctions/detail.php?id=0026197502

5000 m2 of land that's a Sim away from a hub, going for more than the price of two whole Sims?!

I know we have at least one land-happy lottery winner in SL, but really folks.....


Hmm, one of those people recently tried to convince me 512meter2 PG would never be worth more than $L1000. I know he was trying to start bidding low, but odd to see the same person bidding those prices.
Pietro Maracas
Registered User
Join date: 27 Sep 2004
Posts: 104
10-31-2005 07:46
Maybe I'm missing something, but it looks like I could get some valuable land at a good price. First, I make a reasonable bid on the land. Then, I make an outrageous bid using my alt, which shuts down the bidding. Of course, my alt declines the sale and pays the $25 penalty, and as second highest bidder, I get the land for a good price.

I suppose Linden tracks alts via rl names and credit cards, but that's not really tough to work around.
Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
10-31-2005 09:00
From: Pietro Maracas
Maybe I'm missing something, but it looks like I could get some valuable land at a good price. First, I make a reasonable bid on the land. Then, I make an outrageous bid using my alt, which shuts down the bidding. Of course, my alt declines the sale and pays the $25 penalty, and as second highest bidder, I get the land for a good price.

I suppose Linden tracks alts via rl names and credit cards, but that's not really tough to work around.


Because of the proxy bidding, making an outrageous bid with your alt doesn't shut down the bidding - in order for your alt's bid to be more than one dollar above yours, someone else would have to be bidding up the price too. Then at the end of the auction, they would be the second highest, not you.
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Land Developer, Builder and Real Estate Agent
Come to my events!
Sundays at 10:00 am: Texturing Contest
Tuesdays at 5:00 pm: Land 101 and at 7:00 pm: Trivia
Thursdays at 7:00 pm: Land 101
Fridays at 7:00 pm: Primtionary
(Other events occasionally scheduled)
Read my LiveJournal!
Visit my Livingston Properties web site for your Real Estate and Building needs!
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
10-31-2005 10:00
Yes, and if the top two bids decline, then it goes back to auction.

Smart System (no sarcasm)
Pietro Maracas
Registered User
Join date: 27 Sep 2004
Posts: 104
11-02-2005 08:01
Ahhh yes... proxy bidding. I forgot about that. Thanks for pointing that out. :eek: