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The story of a land

Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
04-14-2009 23:43
From: Rene Erlanger
Yes- i take it back....it looks like some estate owners were experimenting with 16sqm plots to see what happens in the estates listings.....but I'll conceed thats when it first occured



This wasn't prevalant as it how it was last year......that's when every man and his dog were listing lands for sale at 1 L.


I am not going to argue how prevalent it was as obviously you don't have any facts to back you up as to how many were selling estate parcels at $1L in 2006, 2007, 2008, and 2009.

The fact of the matter is that yes, as shown in the archived thread that I posted, it has been going on since 2006, since the time estate parcels were added to the general land search.


That does not mean that estate owners who did it in 2006 were "experimenting" but those who do it now are "scammers". This has been going on for a long, long time and it is not a new problem.
Dagmar Heideman
Bokko Dancer
Join date: 2 Feb 2007
Posts: 989
04-14-2009 23:50
From: Rene Erlanger
If you want to be pedantic about terminology....then technically i'm a Renter too.....i rent server space to host LL Estate & Mainland sims. If i don't pay my tiers...LL will reclaim them.
It's not pedantic and if you think it is then you don't understand the meaning of the word. It is not overly concerned with minutia of detail. Understanding that Estate land can only be rented from an Estate owner and not bought is critical for the understanding of anyone who pays a purchase price for Estate land. Your pointing out that you are a renter to Linden Lab is also not pedantic. If it were pedantic then there would not be the uproar that occurs when Linden Lab takes actions regarding land policies to remedy its own poor business decisions that are inequitable from the point of view of mainland and/or Estate owners such as what occured during the recent Open Space fiasco.
Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
04-14-2009 23:52
Tiana has done the right thing by posting to make people aware of what can happen.

Hopefully she can help a few people who read and take note of it.

Unfortunately not everyone reads.
Rene Erlanger
Scuderia Shapes & Skins G
Join date: 28 Sep 2006
Posts: 2,008
04-15-2009 00:01
From: Snowflake Fairymeadow
I am not going to argue how prevalent it was as obviously you don't have any facts to back you up as to how many were selling estate parcels at $1L in 2006, 2007, 2008, and 2009.

The fact of the matter is that yes, as shown in the archived thread that I posted, it has been going on since 2006, since the time estate parcels were added to the general land search.


That does not mean that estate owners who did it in 2006 were "experimenting" but those who do it now are "scammers". This has been going on for a long, long time and it is not a new problem.


Well actually i do.....i was actively buying SIMs in 2006 and 2007 and knew about the market from that period as i was regularly looking at what all the other Estates were charging for their parcels of all different sizes.....i did not recall seeing a swarm of 1 L lands during those years. So i think its poppycock!

The only reason why i knew it was happening on a large scale in 2008, was because plenty of Estateowners inside the Concierge Info Group were moaning about it ....despite myself not being active in the market in terms of buying sims.
Rene Erlanger
Scuderia Shapes & Skins G
Join date: 28 Sep 2006
Posts: 2,008
04-15-2009 00:11
From: Dagmar Heideman
It's not pedantic and if you think it is then you don't understand the meaning of the word. It is not overly concerned with minutia of detail. Understanding that Estate land can only be rented from an Estate owner and not bought is critical for the understanding of anyone who pays a purchase price for Estate land. Your pointing out that you are a renter to Linden Lab is also not pedantic. If it were pedantic then there would not be the uproar that occurs when Linden Lab takes actions regarding land policies to remedy its own poor business decisions that are inequitable from the point of view of mainland and/or Estate owners such as what occured during the recent Open Space fiasco.


If you were ever an Estateowner actively doing business, you'll know that not all people want to Rent, some prefer to purchase the land for those resale rights, which came with a purchase price. Now in 2006 and 2007 that was quite the norm...during last year and now, the culture has somewhat shifted as most people prefer to rent on Estate land.

Aside from my own sims, I have purchased plots from both Fantasyland and Dreamland Estates, probably spent over 200k. They have treated me well and provide support.......in no way do i feel the risk that they'll pull the plug on me. Sure those lands are now only worth a fraction of what i paid......but the market was quite different in 2006 & 2007 to now.

(Fantasyland has 800 sims and Dreamland has 500+ sims, they sell all their plots for resale rights......i don;t see either of these Estates folding anytime soon!)
Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
04-15-2009 00:32
From: Rene Erlanger
Well actually i do.....i was actively buying SIMs in 2006 and 2007 and knew about the market from that period as i was regularly looking at what all the other Estates were charging for their parcels of all different sizes.....i did not recall seeing a swarm of 1 L lands during those years. So i think its poppycock!

The only reason why i knew it was happening on a large scale in 2008, was because plenty of Estateowners inside the Concierge Info Group were moaning about it ....despite myself not being active in the market in terms of buying sims.


That is your opinion, which you're entitled to, but you shouldn't really state it as a fact.

If you actually have verifiable numbers showing how many estate parcels were sold for $1L each year I'd love to see them.

Somehow I doubt you have numbers on that since you were claiming that it started last year until you were shown a thread proving otherwise.

I was very active in the land market myself in 2006/7 which is how I knew it was occurring back then.
Rene Erlanger
Scuderia Shapes & Skins G
Join date: 28 Sep 2006
Posts: 2,008
04-15-2009 00:57
From: Snowflake Fairymeadow
That is your opinion, which you're entitled to, but you shouldn't really state it as a fact.

If you actually have verifiable numbers showing how many estate parcels were sold for $1L each year I'd love to see them.

Somehow I doubt you have numbers on that since you were claiming that it started last year until you were shown a thread proving otherwise.

I was very active in the land market myself in 2006/7 which is how I knew it was occurring back then.


Well from my own experience pricing my own lands based on what were the typical sale and tier rates from other Estates during 2006/7.....i say poppycock.....because i did not see these supposed 1 L lands. If they were around, I sure as hell didn't see them.

I kept spreadsheets of Estates back then, listing Estate names,size lands,sale prices & Tier fees.

Quite frankly i just don't believe you at all....because land prices back then were very high per sqm. If someone wanted to game the Land listing section for a rental, they didn't have to list as 1 Linden.......just listing 1 week's rent in advance would have been very low by comparison to all those other sale prices.

The onus is on you to show me....you made that bold claim.......show me somewhere..anywhere, ....that someone was selling rental plots for 1 Linden. If you do....I'll eat humble pie!
Gator Peterman
Registered User
Join date: 9 Jan 2007
Posts: 26
04-15-2009 02:23
From: Tiana Compton
To be honest, I am not very sorry about the money, even if I work hard for them as class runner and building teacher.

What I am sorry about is that such things are allowed, and encouraged by LL by not taking any action against that!

You tell me that I should rent land only from owners with good reputation in world. Is it written all over them: I am reliable?

A learned lesson? What lesson did I learn from that? I will tell you: never ever trust ANYONE, and never ever do ANY kind of business with anyone because. I know very well that it is wrong including all in this category, and I don't want the honest ppl to be insulted by this, but think of it: how can I trust anyone in buying/renting land or anything else?



The short answer is you can't. Even if they have a good 'reputation', estate owners can go bust any day and your land goes with it. In that respect mainland is more reliable because LL is the state owner. Buying estate land is a nonsense, you don't buy anything. See it as a set up fee, nothing more than that. No wonder LL will not step in..
And as others already indicated, dont talk to someone selling you estate land, talk to the estate owner, he holds the guns.
Gator Peterman
Registered User
Join date: 9 Jan 2007
Posts: 26
04-15-2009 03:00
From: Lias Leandros
Linden Lab selling islands and allowing people to re-sell parcels on them without any oversight is like the state selling guns and allowing folks to shoot each other without punishment.

Irresponsible and bordering on criminal complacency.


.


Again, you are not buying anything. You rent the right to rezz a number of prims in a certain area for a certain amount of time. Its more like parking your car than buying guns ;-)
Tegg Bode
FrootLoop Roo Overlord
Join date: 12 Jan 2007
Posts: 5,707
04-15-2009 03:45
Exactly why you should only buy mainland, renting estates is fine but putting down more than a couple of weeks rent is just risking throwing it away.
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Lias Leandros
mainlander
Join date: 20 Jul 2005
Posts: 3,458
04-15-2009 03:55
From: Gator Peterman
Again, you are not buying anything. You rent the right to rezz a number of prims in a certain area for a certain amount of time. Its more like parking your car than buying guns ;-)
Gator your parking garage decided that instead of allowing you to park your car for 30 days this month , your only allowed ten - so we dumped your car on the side of the road and kept your 30-day payment.

Gator, when you pay you enter into a contract for a agreed upon amount of time. For some reason Linden Lab does have 'Fraud->Land' as one of its abuse report categories. Perhaps it is there for survey reasons only.


.
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Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
04-15-2009 04:46
On the 1L thing:
I think it's fair to say (from reading these posts) that 1L land was offered from way back but it mushroomed during last year.

On the "whose fault" thing:
The largest fault is with the criminal, of course, but there is also fault with private estate owners who set the land for sale at 0L or 1L AND who know that this of scam is going on in SL, without putting some technical measure in place to deal with it - such as programmatically reclaiming the land in a *very* short time if the tier isn't paid. I'm sure that many, perhaps most, estate owners aren't aware of the scam. I've never heard of it before. I'm not an estate owner but these things do tend to show up here, and this is the first time I've heard of the scam. To know that it happens, and still to open the door for it to happen, is bad, imo. It's like the landowner saying that s/he simply doesn't care if someone uses his/her land to rob people.
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
04-15-2009 08:23
From: Rene Erlanger

The onus is on you to show me....you made that bold claim.......show me somewhere..anywhere, ....that someone was selling rental plots for 1 Linden. If you do....I'll eat humble pie!


I did show you. It's back in that thread from 2006 that I posted. If you want more, go ahead and research archived threads on your own without being spoon-fed information.
Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
04-15-2009 08:48
From: Rene Erlanger

Quite frankly i just don't believe you at all....because land prices back then were very high per sqm. If someone wanted to game the Land listing section for a rental, they didn't have to list as 1 Linden.......just listing 1 week's rent in advance would have been very low by comparison to all those other sale prices.

The onus is on you to show me....you made that bold claim.......show me somewhere..anywhere, ....that someone was selling rental plots for 1 Linden. If you do....I'll eat humble pie!


I'd love to help you out with your research, Rene, but I already posted one thread stating this was happening in 2006, and I'll just spoonfeed you a bit more from 2007:

http://www.sluniverse.com/php/vb/showthread.php?t=509

/327/c9/182677/1.html

From: Jackson Rickenbacker
its 100% scam by some island owners to get ontop of the search list, they list it for L$1 so it will show up top, but its actually a reservation or the land will be taken away from you unless you pay the actual price which will be thousands.. these estate owners need to be banned from the land sales search if they cant act responsible



/327/d9/221717/1.html

And to be really helpful, there is this little word at the top that says "search" if you need any more info by all means feel free to go ahead and try it out yourself.
Rene Erlanger
Scuderia Shapes & Skins G
Join date: 28 Sep 2006
Posts: 2,008
04-15-2009 09:46
From: Snowflake Fairymeadow
I'd love to help you out with your research, Rene, but I already posted one thread stating this was happening in 2006, and I'll just spoonfeed you a bit more from 2007:

http://www.sluniverse.com/php/vb/showthread.php?t=509

/327/c9/182677/1.html




/327/d9/221717/1.html

And to be really helpful, there is this little word at the top that says "search" if you need any more info by all means feel free to go ahead and try it out yourself.




Well i believe we are both partially right....you were correct to say lands were being listed for 1 Linden (my apologies).....but they weren't really being sold for 1 Linden as they are being now, it was a deliberate land listing scam...as highlighted by the OP of that link you provided above (from Aug 2007)

From: Wildefire Walcott
No I mean, you go to Land Sales search, type in a plot size (I always look for 2048), hit Search, and the first ten search results are island parcels set to L$1 because they have the lowest L$/square meter price possible. (Search results are always initially sorted by L$/m.) None of these parcels had "L$1" in their names/descriptions. Their search results indicated that the entire 2048 or 4096m plot was listed for L$1, but when you teleported to the plot, the list price was always over L$20,000. How did the Land Search get it wrong? (They wouldn't have been on the front page of search results if the real list price had been any greater than L$1000.)



The difference now, is that you can actually BUY the land for 1 Linden with no further purchase set up costs required. They just have to pay the rent or tier thereafter.

Regardless about the finer details..i still think the underlying theme of setting lands for sale at 1 Linden is dubious! To me, these type of Estateowners, no matter how successful they are...remain dumb#sses.....be it in Aug 2007 or Apr 2009.
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