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Complete Land Auctions Summary

Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
12-23-2004 16:44
From: Schwanson Schlegel
I don't want to be Sears or Target. Can I be the Sharper Image or some other cool store?


I wanna be the Chocolate Factory!
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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!
Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
12-23-2004 16:46
From: Cristiano Midnight
Yes, you learned "holy shit, I spent that much??" :)


Yes - I did :(

:)

Actually, I was more surprised by the number of auctions I'd won than the amount I'd spent. I calculate I still own 10 of those 42 lots, though - so I feel less land baronish now!
_____________________
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!
Tiger Crossing
The Prim Maker
Join date: 18 Aug 2003
Posts: 1,560
12-24-2004 08:10
New feature on the main auctions page is a small graph next to each auction winner's name showing when, over the last year, they've been active. This way you can tell the difference between active bidders and bidders who haven't bought anything for some time.
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~ Tiger Crossing
~ (Nonsanity)
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-24-2004 08:18
ahaha brilliant briliant..

any chance they could be graphs of their m2 purchased over time? :)
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-24-2004 08:22
Also, is the little gap at the end of the mini-graphs just the end of the month?

BTW, I think the l$ and the us$ got mixed up :) Either that or I'm feeling a little poor..
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Tiger Crossing
The Prim Maker
Join date: 18 Aug 2003
Posts: 1,560
12-24-2004 10:34
From: blaze Spinnaker
Also, is the little gap at the end of the mini-graphs just the end of the month?
Yup. I left a little room at the end for expansion.
From: someone
BTW, I think the l$ and the us$ got mixed up :) Either that or I'm feeling a little poor..
Yeah, I saw that too and fixed it. :)
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~ (Nonsanity)
Anshe Chung
Business Girl
Join date: 22 Mar 2004
Posts: 1,615
12-24-2004 10:53
From: Jauani Wu
with the exception of anshe, land traders represent an inconsequential element in the SL economy.


Mmmm, don't understand that sentence. What is one "consequential element"? ;-)
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ANSHECHUNG.COM: Buy land - Sell land - Rent land - Sell sim - Rent store - Earn L$ - Buy L$ - Sell L$

SLEXCHANGE.COM: Come join us on Second Life's most popular website for shopping addicts. Click, buy and smile :-)
Tiger Crossing
The Prim Maker
Join date: 18 Aug 2003
Posts: 1,560
12-24-2004 11:15
Anshe, I think what you do for Second Life is a benefit, as I've said before. Not a HUGE one, not one would couldn't live without... But you DO help the grid in your own way.

But, and this may be the last remaining thread of "baron fear" some people have, if you felt harming SL was worth a significant loss of money, you COULD ruin the economy.

Now, I'm probably talking US$1,000's here. You deal in large quantities of land and linden dollars. You could crash the market if you pulled out suddenly and at a great loss of profit.

It is your business sense that makes your enterprise large, however, and that same sense would forbid you to ever lose so much for so petty an act. I don't lose any sleep over the idea. :)

I think MORE barons of your caliber would prevent this though. AND that would lower land prices even further. Can you believe it? I'd rather have more land resellers... ;)
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Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
12-24-2004 12:46
From: Anshe Chung
Mmmm, don't understand that sentence. What is one "consequential element"? ;-)


pretty much what tiger is saying. SL could use more large volume traders. i'm just not up to that job.
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Mecha
Jauani Wu
hero of justice
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Schwanson Schlegel
SL's Tokin' Villain
Join date: 15 Nov 2003
Posts: 2,721
12-24-2004 13:05
Did I just hear what I thought I heard?
:eek:
Oh my....you would have been burned at the stake 6 months ago for speaking such things Tiger.
:D
Tiger Crossing
The Prim Maker
Join date: 18 Aug 2003
Posts: 1,560
12-24-2004 21:06
Ah, but now..... I've seen the numbers. :)
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~ (Nonsanity)
Lordfly Digeridoo
Prim Orchestrator
Join date: 21 Jul 2003
Posts: 3,628
12-24-2004 23:25
What boggles my mind is the entry for Kurohyu Song...

His/hers average price paid for land is EXORBITANT! How can you stay in business by paying that much, when your competition is paying less than half that? And who are you scamming for 13 dollars a square meter nowadays?

They're in 2nd place in $US dollar equivilent spent, but 4th in total plots bought...

Weird.

LF
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Jauani Wu
pancake rabbit
Join date: 7 Apr 2003
Posts: 3,835
12-24-2004 23:39
lf, that's a great question. this is why i asked if the data can be sorted for mature and pg.

my observation is that kuroyu tends to favour entire sims at a time, which are almost exclusively mature. thus her average purchase price is much higher than someone who deals with a larger variety of land.
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Jauani Wu
hero of justice
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"Oh Jauani, you're terrible." - khamon fate


Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
12-25-2004 02:09
From: Lordfly Digeridoo
What boggles my mind is the entry for Kurohyu Song...

His/hers average price paid for land is EXORBITANT! How can you stay in business by paying that much, when your competition is paying less than half that? And who are you scamming for 13 dollars a square meter nowadays?


Kurohyu keeps a lot of the land she buys for personal use. Usually the land bought really high. I don't consider her a full time land trader.
_____________________
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!
Martin Magpie
Catherine Cotton
Join date: 13 Nov 2004
Posts: 1,826
12-25-2004 05:30
Kurohyu Song= LL? driving prices up? pure speculation.
Robert Daguerre
Registered User
Join date: 25 Jul 2004
Posts: 15
12-25-2004 08:34
From: Lordfly Digeridoo
What boggles my mind is the entry for Kurohyu Song...

His/hers average price paid for land is EXORBITANT! How can you stay in business by paying that much, when your competition is paying less than half that? And who are you scamming for 13 dollars a square meter nowadays?

They're in 2nd place in $US dollar equivilent spent, but 4th in total plots bought...

Weird.

LF



If I recall correctly, Kurohyu was very active in land purchase when land prices in general were at a high. She has't been as prominent a land buyer since the prices fell from that peak in recent months.
Anshe Chung
Business Girl
Join date: 22 Mar 2004
Posts: 1,615
12-25-2004 11:04
Yes, like Robert just said. And sister Kuro is one sweetheart who enjoy land very much. I think it is not so easy to explain, but I think she take great personal joy in very special type of real estate like beautiful island or Maui sim. Maybe it is like an admiration of art for her, like other people collect antiques or painting. I saw her admire such landscape for some time before selling to other residents. So I think prices she pay reflect the type of land she bought. She used to focus on the high end of market :-)

I don't think any person involved with trading land in SL has any relationship with Linden Lab. I don't think one company that collect 8 mio US$ of venture capital has any motivation to enter illegal business practises with alt accounts bidding on land auctions. From all my interaction with Linden and their employees I can only report having met individuals with professional attitute, integrity and demeneour completely contrary to somebody who would play alt account games.
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ANSHECHUNG.COM: Buy land - Sell land - Rent land - Sell sim - Rent store - Earn L$ - Buy L$ - Sell L$

SLEXCHANGE.COM: Come join us on Second Life's most popular website for shopping addicts. Click, buy and smile :-)
Wall Street
Mr. Warm Fuzzy
Join date: 20 Aug 2004
Posts: 312
12-27-2004 13:22
Is the margin on land really only 10 - 15%? That seems insanely low.... What do you all think?
Patrick Playfair
Registered User
Join date: 19 Jul 2004
Posts: 328
12-27-2004 13:45
From: Tiger Crossing
Her gross profit would be however much L$ was made reselling all that land, converted to US$. A currently unknowable amount. One would assume that it is more than US$51k or she's losing money. Her NET profit then would be the difference.


Actually her gross INCOME would be however much L$ was made reselling all that land, converted to US$. Her GROSS profit would be the difference, and her NET profilt would be aht's left after taxes and expenses.
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Patrick Playfair
Lisse Livingston
Mentor/Instructor/Greeter
Join date: 16 May 2004
Posts: 1,130
12-27-2004 14:10
From: Anshe Chung
I don't think any person involved with trading land in SL has any relationship with Linden Lab. I don't think one company that collect 8 mio US$ of venture capital has any motivation to enter illegal business practises with alt accounts bidding on land auctions. From all my interaction with Linden and their employees I can only report having met individuals with professional attitute, integrity and demeneour completely contrary to somebody who would play alt account games.


I can't find the thread right now, but when discussing the recent job openings, Robin posted the rules that apply to new employees who keep their pre-employment SL accounts. One of those is that they are not allowed to participate in the auction process (though they may buy and sell land in-world). I fully believe this rule is enforced.
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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!
Khamon Fate
fategardens.net
Join date: 21 Nov 2003
Posts: 4,177
12-27-2004 16:07
From: Maxx Monde
5)Telehubs are cancerous lag-boils on the face of sims, due to the perception of 'traffic' influencing land price.


this is true; but there are a lot more reasons that telehubs are cancerous sores on our world. i won't hijack this thread i suppose. wouldn't really be worth my time to try starting another serious discussion on the subject either would it.

thanks for the stats tiger. i'm so glad this whole virtual economy game is working so well. people are making money and having fun at the same time. everybody wins; nobody loses. ll has created a perpetual money machine that functions in a utopian environment. can't beat that with a pancake.
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