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for sale: land

Shebang Sunshine
Royal PITA
Join date: 3 Dec 2002
Posts: 765
02-05-2003 22:32
No, this isn't an ad. This is a feature request.

A control in the Edit->Land that you own where you can set said land For Sale, and put a price on it.

Then in Edit->Land that you don't own, if owner != public, then if you purchase that block of land, you pay the amount the owner has set, directly to said owner, just like if you were purchasing an object.

Bonus points: Another control in Edit->Land that you own where if "for sale" is checked, there is an additional check for "sell all objects on this land" as part of the package.

If these features make it in, let it be known that I intend to open the first SLentury 21 office =)

#!
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Ama Omega
Lost Wanderer
Join date: 11 Dec 2002
Posts: 1,770
02-05-2003 23:57
I like it. :)

I think land marked as for sale should be tinted different than owned land not for sale. And maybe a menu option to show land available to buy.
Rivn Epoch
Senior Member
Join date: 17 Dec 2002
Posts: 207
02-06-2003 04:40
Shebang .......
Im not sure Im interpreting what your saying corect me if im wrong ...

Are you seeking the ability to buy public land and then put it up for sale yourself?

if so my concern is this ....
with all the new people comeing into the game the oldtimers (being us)
will have all the land bought up and charging a premium for it thus only makeing it harder to get started...I have noticed there is about 1000 lindens (ok I exagerated) now...

I have seen land owned by (insert first name here ) Linden and have yet to ever see that particular linden ingame and the land is all marked up at extreemly high prices that NOONE would ever buy it, the world is gettin no larger at this point and yet we have more and more people playing everyday, with that in mind land is going to be more valueable than the money we have if that is possible....

think on it ,
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Kerstin Taylor
Goddess
Join date: 13 Dec 2002
Posts: 353
02-06-2003 05:25
This would be interesting. I can see where you might decide to build a 'summer home' on another sim, and in the process decide to give up some of your land. It's primo land, and you were smart enough or lucky enough to buy it. Getting some profit from that would be great.

On the other hand, I would be concerned as Rivn is about the fairness/unfairness to newbies when us rich old-timers snag primo land and tie it up, then sell it for a fortune. But it would be great as an income source. And maybe our advantage is a perk of being a beta tester? I dunno.

Maybe to balance the whole thing, this could be permitted only on certain sims. Or maybe there could be a limit to how much land you could have for sale at one time, or to how much you could sell within a certain time period. Or a limit to how much profit you could make. Or maybe it could just be an automatic set percentage markup when you put the land up for sale.

Great idea, Shebang.

:)
Kerstin
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Maxen Underthorn
Registered User
Join date: 16 Jan 2003
Posts: 193
02-06-2003 07:36
Allowing a person to sell only a small % of there land to other players may fix the problem. Anything over that would be sold back to public land at original prices.
One problem I can see happening with this is that it might create onclaves of long time players who have a lot of knowledge and money. A Newbie wouldn't be able to buy any land around them because the land values would be too high.
I think this is a very interesting idea and there could be many ways to decide how to value the land.
The first way I see, and it's probably not the best, is by the people that live there.
Land values could be set to sfuff like public works projects. How much the people in a certian land block help each other or how much they beautify their area.
A lot of the negitives could also be ironed out with the use of tax breaks.
Newbies could get a tax break when they buy land for the first time.
Land owners could get a tax break when they sell land to a newbie.

It's a very interesting idea, hope to hear more about it.
Shebang Sunshine
Royal PITA
Join date: 3 Dec 2002
Posts: 765
02-06-2003 07:55
Good points, all.

I think some sort of cap would be necessary. Only allowed to put up for sale a certain percentage of your land and/or only allowed to mark it up a certain percentage.

Here's what got me to thinking along these lines.

Wednesday and bp have tied up quite a bit of money in the development project over on Tehama. They're leveling the land. They've uploaded a buttload of textures. They're paving streets and alleyways. And they're paying taxes on the land. And they'll continue to pay taxes on that land until it's sold.

At the present time, in order to sell that land, they must first release it to the public. And the only way for them to even recoup their expenses (not to mention make *something* for their troubles) is to say "ok, if you pay me L$X first, I'll release this plot so you can buy it". Works, yes, but it's a bit awkward (man does that word ever look wrong, but I even checked dictionary.com) -- simply because some of us have a hard time asking for money.

Perhaps there should also be a cap on the total amount of land one person can own. Because really, even without a "for sale" control on the land, it's already quite possible for us oldtimers to buy up all the land leaving nothing for the newbies. (Please understand I am NOT suggesting that land already owned by anyone be taken away or anything of the sort -- only that it might be a good idea to start a policy of this sort.)

#!
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Ama Omega
Lost Wanderer
Join date: 11 Dec 2002
Posts: 1,770
02-06-2003 11:59
I agree we don't want all the land bought up. I think any limit, unless set prohibitivly small, could be worked around by having a group that worked together to buy the land.

Here are some of my ideas, all of them as holey and swiss cheese (ie they are full of holes, not sacred):

After X amount of land, land costs more to buy. For example, I can buy enough to build a small castle on at normal prices, but land after that has a markup price. The markup goes up the more land you buy.

Charge a fee to mark it as sellable.

Tax land marked as sellable higher than regular land.

A percent of the sold lands price goes somewhere else.

Basically I think marking land as for sale should be thought of as hiring a realitor and all the costs associated with that and the other taxes and fees that go with selling property in RL.

Another idea on a different vane:
Charge more (taxes) for land that is further away from your home point. Sure you could move your home point away from your home, but then you are charged more for your home. Problems are obviously vacation homes and the like.

Like I said, full of holes. :)
Maxen Underthorn
Registered User
Join date: 16 Jan 2003
Posts: 193
02-06-2003 13:09
It'd be interesting to hear which factors people think would contribute to property values.
Charlie Omega
Registered User
Join date: 2 Dec 2002
Posts: 755
02-06-2003 13:16
Sorry Ama I don't think I would agree with the charge more for land above a set size or further away. But here is my alternative suggestion.....

Land costs the same as it does now, but in order to sell the land to a private party(list for sale) you pay a set fee up front based on a percentage of the desired list sale price, done in a fashion consistant with the window that pops up when you originally purchase the land....could read something like this


Land selected ?X? bought for $X amount, Set sales price $Y, this give $Z amont of markup, your fee for Listing this land for sale is $N

Click accept and your account will be debited $N Click Decline and land will not be listed for sale and no money will be debited from your account.
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bUTTONpUSHER Jones
professional puddlejumper
Join date: 10 Oct 2002
Posts: 172
02-07-2003 02:54
From: someone
Originally posted by Maxen Underthorn
It'd be interesting to hear which factors people think would contribute to property values.


depends on the person buying i suppose:
a quiet corner in the outland - it has excellent framerate and sim FPS, perfect for working on script projects.
a lot in the middle of a busy town - lots of traffic to buy your wares and click your vote station.
beach front/void front property - relaxing view
a normal neighborhood like Lusk Ct. - not sure, but if they have backyard barbecues i want to be invited
sharing an island with good friends - priceless

bp