A lot of Auction Land went unsold today

What did Blondin do? I thought he was one of the good guys, but I must confess I don't really pay all that much attention to the mainland.

He's also kinda newish, and I remember all the dumb things I did early on (yes, I allowed totally unrestricted banlines in Caledon initially... doh!)

3 of the 4 US$ plots that closed today (2 mature, 1 pg) had no bids. The only one that had bids was a 16000m mature water plot. Of course they had minimum bid set at about L$3.13/sqm (at L$274 per US$1)

They need to improve the communications on auction plots. I don't go around looking for auction plots but if one comes up in a sim I have land in I may well be interested but I'm not actively looking.

Blondin is very personable but I'm with you.

I've been grid-hopping doing a hunt the last few days. The first thing I do when I land on the location is check if it is Estate or Mainland. If Mainland I pull up the map just to get an idea of what parcels are selling for in various areas of the grid. (Prior I was only familiar with the sim upon which I lived.)

I am amazed at large portions of purple. Can someone please refresh my mind if purple is abandoned land or land up for auction? Or abandoned land that is currently being auctioned?

At any rate, it's been an eye-opener to see so much purple on the maps.

An odd phenomena has been happening on my former home sim. The average current price for a 512 parcel is between 3K-4K, usually right in the middle. There is currently some there for just over 2K last I looked; BUT, the last 512 parcel I sold is being resold by some land flippers for (get ready for this) over 10K!!!! For a 512!! And there's nothing special about it - not on the ocean, nada. The two 512K parcels that *do* front the ocean are selling for around 13K so this 10K deal just has me totally baffled.

If there's going to be a lot of surplus land around, here's my suggestion: - Raise the tier-free allowance for Premium members from 512 sq m to 1024 sq m.

When you look in search you see the true picture of mainland going-rate, i.e minimum prices and a bit above, plus extra if the land is waterside or roadside.

But looking round a few sims is likley to show a majority of prices that bear no relation to the current market conditions. On the edge of the sim I live in there's a disused 512 m plot that has been for sale for L$ 512,000 for over 2 years! That's over $1500 for a regular 512 - mad!

I wish the price to get into a sim or estate were more...SANE.

Problems of land would vanish overnight. It might do away with some of the land barons profit margins, but SL would be a more viable and less feudal community.

AFAIK, it turns purple when it is assigned an Auction ID. That means it's in the queue to be auctioned, but there's no telling how long it may stay in that queue waiting for auction.

I'm not sure what happens to it when the action fails to generate an opening bid--does it stay purple, with the old Auction ID still assigned?

Anyway, land doesn't immediately turn purple when abandoned. And there's untold amounts of land on the grid that isn't generating tier because the owners have canceled their accounts (or turned off payment for billing, which amounts to the same thing), but the land hasn't been reclaimed.

Jack has stated that the proportion of non-performing Mainland has remained fairly constant and very low. I'm skeptical, seeing all the purple, abandoned but not-yet-purple, and some land that I know belongs to canceled accounts. My bet is that they really aren't accurately measuring how much land is just uncompensated hosting cost for LL.

I'll go for this. Then I'd be able to free up another 512 to buy another parcel... After you almost need 1024 to build anything on. Heck, I'd go an extra dollar a month added to the premium price for it.

That is correct, Qie. It could be from a week to several months, based on observations in my region.



Yup. The regions from last year which failed to get any bids before they shut down the land-printing machine have been purple ever since.




I don't know if the people polling the database are incompetent, if the polling mechanism is flawed, of if Jack et al are just blowing smoke. However, all around me, there is plenty of "abandoned" land in one form or another. Slowly and surely, it gets reclaimed and auctioned, but in the meantime, it isn't generating LL any revenue.

Prices are the lowest they've ever been. It's the tier amounts that are, and have always been, insane. That's why estate owners and Mainland sellers need to charge what they do to break even.

Thanks, everyone, for the input into the purple land explanation.

Conifer, that 512 parcel you mentioned is just outlandishly crazy. The one to which I refer is sitting next to several other 512 parcels - pretty much exact location, etc. - and they are priced anywhere from 2-3K L. I can't wait to see which one sells first.

Oh, and increasing tier-free to 1024 - HECK YEAH!!!

But I'm seeing from 50 to 100 $Lindens (once, even 200) per square meter. That's just crazy greed.

People think that because they paid x for the land the buyer should also pay x or more. And it isn't true, logical, or fair. It's a bit arrogant/greedy. Prices in any given commodity change almost daily.

Sorry but it drives me bonkers, well sort of, when people are that out of it. If they want 100 $Lindens per sq m, why make the pretense of selling it at all? WHO in their right mind will pay that in this current RL and SL economy. (The land on such parcels is usually unremarkable, btw.)

when i was on mainland i always had my parcels for sale at a high price. i knew it was unlikely anyone would buy it for the price, but i figured if someone did it was a lucky day. if they didnt that was great too, seeing as it was actually my home anyway.

Plus, some people put land for sale at ridiculous prices to drive traffic.

Yes, really.

I've been told it works, too.

Every one of these lots was empty, though. And no objects on the land so no skybox.

*scratches head* I don't get it.

I think they want to keep it but hope for some poor shmoe to amble along and make their day, like Nina said.

100 per sq m or up is a big payday.

Just irks me because talk about selfish..."can't let it go, don't want to use it but don't want anyone else to have it, either." It's like the landowner version of a dysfunctional relationship (not talking bout u Nina, at least u lived on the land!)

I would so grab up some nearby parcels if they did that.

Almost 80% of my home's Sim is up for sale, and it looks like most of what isn't up for sale is either abandoned or being held by speculators waiting for nearby plots to lower in price so they can buy, merge, and resell.
- This morning one land flippers' group went along the protected road I'm on and grabbed up a bunch of cheaper ad-board spots and the parcel around them, and did some merging before relisting - but they couldn't grab everything, so there's still a few odd shaped spots.

When I went shopping for my parcel over the weekend I met a lot of flippers - they'd buy and relist for 50-200L more. Eventually one of them hits the top, and no more flippers will buy in - and then the plot just sits there.
- No one seems to be buying anything to actually build on it...

I suspect that a few months into Zindra, everyone who can get off of the place will. I've been absolutely amazed at how much better even a packed mainland sim performs over a near empty Zindra one - and unless they remove all those protected roads on Zindra, it will always be flawed given how they split across Sim borders. Plus those adult vendors and clubs tend to use a lot of scripts and dazzling effects that will lag down their neighbors. That'll be even worse for the popular spots.

- From my PoV, it almost looks as if LL's plan of attack against adult content will be to make it very taxing and very annoying to use... Adult business that can afford it will probably end up on private estates, and Zindra's going to collapse under its own weight.



I bought my plot for 1536L. There are still a few parcels on my Sim going for 2.9L/sqm or less. I'm next door to an undersized plot going for 1.9L/sqm. But there's also a 4m square next to me for 10,000L (and if that one square could be cleared, at least 3 parcels around it could be made to have more marketable shapes).

For how long do I have to own land to have my tier cost go up?

If I bought a piece, and managed to instantly sell it, would I be in the next tier up for that entire month's billing?
- I assume land I have for sale, but haven't managed to sell yet, counts against my tier rating?

An infinitesimal moment.

Yes.
Yes.

Firespire, still a couple of 512 water lots there with protected passage to Blake Sea for $L2,000 and under. I can now jump in my sail boat at MY lot and sail right out to sea. Very nice 512 land parcels I saw in the last few days @ $L2-3 per meter when I was looking for my lot. These are now throw away prices. Don't like your lot and found a better one? Just abandon it because we are talking $4 to $8 now as opposed to the $L30 per meter I paid for my last nice 512 a few years ago.

Yes the bottom may be holding at $L2 per meter but the top is moving down rapidly. Marianne mentioned last night that prices are even dropping in Bay City now. This is of course nice for people that are looking now but not nice at all for people that have several hundred or thousand dollars tied up in virtual real estate here with no way to recoup their money.

I sitting right next to 2 or 3 512 plots adjacent to protected roads that are going for 1500L-2000L.

I picked up 592 of clean double protected waterland onn Heterocera near the Moth Shrine for 2,000 a couple of weeks back.

Jessie is for sale at bargain basement prices.

Edited to reflect that the Jessie parcels sold.