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"For Sale" means for rent??

Vick Vargas
Registered User
Join date: 14 Feb 2006
Posts: 13
09-02-2006 12:16
From: Dragon Keen
Torley has noticed, but in the 12.1 update theirs nothing new to help this situation as of yet


Well that's pretty disappointing to say the least =(
Luth Brodie
Registered User
Join date: 31 May 2004
Posts: 530
09-02-2006 12:21
From: Tuach Noh

Sure, that's not going to happen with Anshe Chung or the "big ones." But I don't think Anshe Chung is the one offering these "for sale*" scams.

*I mean rent.

She just started them is all. But then again that was when LL said it was wrong and against the rules.

I have and never will understand why anyone decides to throw their money away by 'buying' estate land.

Look at the maths: an Island costs 1250 USD and teir is 195/month USD. According to the land pricing 2048m2 is 1/32 of a region. So you could cut it up to 32 plots of 2048m2 and rent at 15USD (linden tier). That 480USD they'd get in a month -195USD for tier = 285USD profit. Within 5 months they will have made back the initial 1250USD.

Now most places make you buy then pay the tier. And then people wonder why the biggest one is on the cover of magazines.
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Dragon Keen
Registered User
Join date: 24 Apr 2006
Posts: 245
09-02-2006 14:08
From: Vick Vargas
Well that's pretty disappointing to say the least =(


update.... LL is working on a solution as noted in my vote proposal.... YAY

just who knows how long it'll take :(
Khamon Fate
fategardens.net
Join date: 21 Nov 2003
Posts: 4,177
09-02-2006 14:14
From: Dragon Keen
update.... LL is working on a solution as noted in my vote proposal.... YAY

just who knows how long it'll take :(
If they're openly talking about incorporating it, never. If they insist that it's not even being considered, two or three months.
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
Yes "For Sale" means "For rent" and...
09-02-2006 18:01
"Great plot in Popular Sim" means misshapen pg snow land with 16 m. cut out for unsightly ads, a sandbox on one side and a constantly spamming lotto ball on the other.
Khamon Fate
fategardens.net
Join date: 21 Nov 2003
Posts: 4,177
09-03-2006 07:47
From: Osprey Therian
That would put them in violation of the Osprey Therian TOS :-D
Oh, Osprey, you're terrible.
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Tuach Noh
Ignorant Knowlessman
Join date: 2 Aug 2006
Posts: 79
09-04-2006 10:50
From: Luth Brodie
an Island costs 1250 USD and teir is 195/month USD. According to the land pricing 2048m2 is 1/32 of a region. So you could cut it up to 32 plots of 2048m2 and rent at 15USD (linden tier). That 480USD they'd get in a month -195USD for tier = 285USD profit. Within 5 months they will have made back the initial 1250USD.


You're assuming:

1) That every square meter is marketable.

2) That every parcel is immediately occupied.

3) That no one ever defaults.

Those are all really bad assumptions.

I own mainland land and my sim has a 5400m2 Govenor Linden "future roadway" curving right through it that buffers me from the neighbors. Linden isn't getting full tier for that sim. Many private islands seem to use similar features for similar reasons. They can try to mark up the other lots to cover the loss from the buffer/common spaces but that just makes the next problem worse...

It takes a long time to fill up a new island sim, but the $195/mo fee starts immediately. The more crowded the marketplace (and it does not seem to be getting any less crowded) the longer it takes. To some extent you can speed things up by... guess what... lowering your prices. Which makes anything else you do to add value that much more expensive.

And of course people can and do default for all kinds of reasons. How long do you let them default? Do you cut them some slack for a few weeks and let that parcel go without earning any money becase they promise to pay you back soon but never quite get around to it? Or do you evict them hours after they're overdue so you can get the land back on the market and sell it to someone who isn't a deadbeat? The first option is expensive and the second earns you a bad reputation because no one gives a crap about your side of the story when the person shows up on the forum claiming "that estate owner repo'd my land for NO REASON!!1!"

From: someone
Now most places make you buy then pay the tier.


I've noticed several covenants that stipulate that after 4-6 months, they will be happy to buy the land back from you at the price you paid for it. Others allow you to sell it openly, possibly at a profit. Still others do "give away" the land for a trifling amount as long as you pay their tier. (This group does seem to be the seediest.) Others give it away outright as long as you pay the tier. Either way, you're still paying $195/month and that parcel that took you 2-3 months to sell in the first place is now back on the market.

Besides, barely breaking even on an investment of over US$2000 after five months is not exactly the work of business genius you seem to think it is. But if it's so easy and straightforward, you should feel free to get in on the action.

From: someone
I have and never will understand why anyone decides to throw their money away by 'buying' estate land.


1) To pay less monthly tier for the same amount of land.

2) Sometimes purchase cost is much lower, if not zero.

3) Increased variety of payment options.

4) Don't necessarily have to be a premium member.

5) Like the additional "zoning restrictions" that keep clubs and casinos from popping up next door.
Mecha Dinosaur
SuSE User
Join date: 13 Jun 2006
Posts: 22
09-04-2006 17:08
I was VERY hesitant at first renting a parcel on an estate sim for the very same reasons others have noted above. From what I have seen such land is more expensive then mainland parcels. However many (ALL from what I have seen) parcels on estate sims have zoning. Before I took the plung I moved twice. The first time because THREE mini clubs/casinos moved nearby. The great thing about SL is the fact you can build almost anything, the bad thing is that your new next door neighber or an existing one is also enjoying the fact that almost anything can be made in SL.

So to get to my point (finally) when you rent an pacel in an estate sim you get into a type of gated community.
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