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Transaction Fees for Selling Lindens!!!

Eponymous Trenchmouth
Registered User
Join date: 30 Nov 2005
Posts: 16
02-14-2009 16:27
I just went on the Lindex to sell some Lindens. After you plug in the Quantity and the Exchange Rate there are now 2 figures: Estimated Value and Estimated Proceeds. On 250,000 Lindens offered for sale at 260, there is now an outrageous US$34.87 "Transaction Fee". When did this change come about?
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
02-14-2009 16:33
This is not new, there has always been a charge for selling Lindens since I've been here.
Arielyn Docherty
I DO Believe in Santa!
Join date: 3 Jul 2007
Posts: 625
02-14-2009 16:33
It was always there--it just wasn't spelled out so clearly.
Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
02-14-2009 16:46
It's the 3½% that's been around since I've been cashing out - a loooong time.
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Briana Dawson
Attach to Mouth
Join date: 23 Sep 2003
Posts: 5,855
02-14-2009 16:51
There's a charge on selling Lindens?

I never knew that.

I should pay more attention to stuff like that, but i do not think it would have mattered anyways especially when dealing with 250k
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Briana Dawson
Attach to Mouth
Join date: 23 Sep 2003
Posts: 5,855
02-14-2009 16:52
From: Phil Deakins
It's the 3½% that's been around since I've been cashing out - a loooong time.


Is that a lot? Fair? Low?
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
02-14-2009 16:53
From: Briana Dawson
Is that a lot? Fair? Low?

It's minuscule, honestly. I consider it to be fair.
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Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
02-14-2009 16:53
From: Briana Dawson
Is that a lot? Fair? Low?
It's a lot over time - it adds up.
_____________________
Prim Savers - almost 1000 items of superbly crafted, top quality, very low prim furniture, and all at amazingly low prices.

http://slurl.com/secondlife/Seymour/213/120/251/
Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
02-14-2009 16:54
From: Phil Deakins
It's a lot over time - it adds up.

It is always 3.5%. In raw numbers, yes, it seems like a lot, but it is still .035 of what you earned.
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Affordable & beautiful apartments & homes starting at 150L/wk! Waterfront homes, 575L/wk & 300 prims!

House of Cristalle low prim prefabs: secondlife://Cristalle/111/60

http://cristalleproperties.info
http://careeningcristalle.blogspot.com - Careening, A SL Sailing Blog
Blot Brickworks
The end of days
Join date: 28 Oct 2006
Posts: 1,076
02-15-2009 02:51
And now if you earned it from Xstreet you already paid fees to LL. Now it's a double whammy.
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http://slurl.com/secondlife/Dunbeath
/206/85/26

http://phillplasma.com/2009/05/01/blots-plot-the-old-mermaid-inn/
Qie Niangao
Coin-operated
Join date: 24 May 2006
Posts: 7,138
02-15-2009 03:25
Linden Lab makes mistakes enough that it's unnecessary to get all aggrieved about business-as-usual. And unhelpful, too: crying "wolf" loses its impact after a while.

The 3.5% fee has been there for as long as I've had anything to do with the LindeX; I suspect it's been the same since GOM.

And I sure don't grok the "double whammy" for Xstreet SL fees. Nothing has changed about that, either. If one doesn't think XSL's fees are worth it, don't list on XSL. If it's worth it, then why shouldn't there be a fee for that service, exactly as there always has been?

(LL's XSL + OnRez acquisition, however, raises other concerns. It is a monopoly by our service provider, and they can easily erect impossible barriers to any competition, just by doing something sensible with merging in-world and web search and content. And then they could choose to raise listing fees. But they haven't done anything like that yet, and just maybe they understand that increased revenue from that source would be more than offset by losses elsewhere, such as land sales. Hint: for real fun, engage one of the vocal advocates of "free markets" on the subject of this acquisition, and watch them cycle around to demanding strict market regulations on LL; now that's entertainment!)
Blot Brickworks
The end of days
Join date: 28 Oct 2006
Posts: 1,076
02-15-2009 07:55
From: Qie Niangao


And I sure don't grok the "double whammy" for Xstreet SL fees. Nothing has changed about that, either. If one doesn't think XSL's fees are worth it, don't list on XSL. If it's worth it, then why shouldn't there be a fee for that service, exactly as there always has been?

(


My point was not about the fee ,I too had no problem with it ,after all it was a separate company.Now that has changed.The shift in pushing Xstreet almost makes one obliged to use it.
In another post it was stated that a ban from Xstreet (for a business owner) is almost the same as a ban from SL and I tend to agree.
_____________________


Blots Plot @ THE OLD MERMAID INN
http://slurl.com/secondlife/Dunbeath
/206/85/26

http://phillplasma.com/2009/05/01/blots-plot-the-old-mermaid-inn/
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
02-15-2009 08:45
From: Blot Brickworks
My point was not about the fee ,I too had no problem with it ,after all it was a separate company.Now that has changed.The shift in pushing Xstreet almost makes one obliged to use it.
In another post it was stated that a ban from Xstreet (for a business owner) is almost the same as a ban from SL and I tend to agree.


The bans should be lifted and a ban from Xstreet now should lead to a ban inworld. If a merchant isn't good enough from Xstreet they shouldn't be good enough full stop.

This Xstreet spam is going to bite Linden Lab in the arse if they're not careful.