Why always paypal ?

Hi All

This is more to landowners ..may I ask why most of you now just have the option of PAYPAL?

For many reasons I do not use paypal (paypal=swear word lol)and it is getting so frustrating that I see such lovely land and I cant buy it /rent it cause all it says is "MUST HAVE A PAYPAL ACCOUNT" and so another "sale" for the landowners hasnt happened because of this ..please would you consider both options for us? (paypal or Linden)


SN0W

Azure Islands accept L$.

www.azureislands.com

Shameless plug, so does Explorers Rangeland!

Thank you this is good news

I am going ingame shortly so will be having a look around Looking for commercial land to buy so with this news hopefully I will find something

Thank you again

SN0W

I'd guess to circumvent the 3.5% fee for selling L$ on the LindeX, to make sure their funds don't get locked up if their account gets suspended, to not be subject to fluctuating exchange rates and not have to wait the 10 days it seems to take to cash out.

Is this really land for sale or private island land for rent (and they are only calling it a sale)? I would be leary of using paypal to buy land, when you purchase in SL using lindens the land transfers to you immediatly. If you buy using Paypal you better make sure you really trust the person you are sending the money to.

Where is the difference? In both cases you don't really own anything. The island owner can reclaim the land at any time, and so can LL. LL could ban you for any reason, annex your land and sell it to the next person.

If you actually own the land the only two ways you'd loose your land (other than not paying for it) are LL closing down, or doing something that would warrant a permanent ban and the second is something you have control over.

On a private sim, you add the risk that the sim owner might get banned, that they don't pay their bills, that they decide to sell off the sim, that they decide to add some silly clause to the covenant, or that they just plain kick you out on a whim.

I'd be cautious of anyone who tells you need to "buy" the land on a private sim, regardless of whether it's in L$ or PayPal.

One thing to think about also is alot of the people who accept paypal have paypal business accounts, which I believe have buyer protection. Not to mention that if you are having someone pay you through paypal for your land rentals, they can set it up to automaticaly pay on the same date each month, no late rent to worry about. Plus the added assurance of knowing there is a name behind that renter incase anything happens.

Just my 2 cents.
~Stormy

Not all private estate land sales are created equal. The buy in price, in my case, assures the ability to continue to provide land without charging totally usurous tier fees, rent for me would mostly likely be nearly double to make it possible for me to provide the service I do.

SkyBeam Estates clearly stipulates my contractural obligations to my residents should I decide to just wipe the islands and sell them. First and foremost, my residents will be repaid their buy in price, or as much as I can depending on sale price of the island, before I take a single linden for myself. It also clearly states under what circumstances I may reclaim the land and what refund rights exist for different scenarios, as well as the right for the residents to resell their land with my assistance.

Folks do comment that my covenant is very long, but it provides not only for the rules and regulations governing what the residents can and cannot do (and conversely what their neighbors can and cannot do to ruin their peaceful residence or business life), but also my commitments to them and the community we build together.

I will take paypal with an extra fee to cover the transaction fees associated therein, but my preferred method of payment is in-game via lindens.

Is the OP asking about land being " Sold " by using paypal ...OR land being sold and " Land teir fee's " being payed using paypal ?

Big diffrence

Maybe i don't get around much ...but i have NEVER seen land for sale that you need a paypal account to buy it ..... only ...buy land for L$ and pay "teir fee " by paypal .

So with this in mind i think the answer to the original poster should be :

You need paypal to pay the monthly teir fee

Land that uses this method is not owned by liden lab's but by privet owners and you uses paypall to pay the privet owner the land teir fee

Hope that clears things up a bit

Yes but with one major exception (and in that case the guy was cheating Linden Labs and other residents out of land using a site exploit) Linden Labs is much more trustworthy about land sales and if nothing else keeps them honest the fact that they have much more to lose also keeps them relatively honest though your right, you could wake up one day and you could be banned, your land, your lindens, and any cash in your account pending transfer or being held there seized and if they really wanted to be malicious even getting yourself smeared for some trumped up charge... but I honestly doubt they'd risk their position to do that not like some sim or island owner who will take a public reputation hit if he/she/they kick you off and take your money for no reason but will recover in the long term or can change their name and the island name and cover their tracks to sucker someone else another day.

I choose to allow the residents to decide for themselves which way they want to pay, either L$ or Paypal. Some people preffer the Paypal method as in the long run, it turns out to be cheaper for them if they dont happen to have the L$ to cover it . I know there's probably a bad apple or two out there that makes this type of transaction a little scary for some people. Your best bet, is to speak to the tenants there, get a feel for how the island owner manages the island, read the covenant, and even talk to the island owner. A lot of mistrust can be eliviated that way. If you arent comfortable with his / her answers to your questions, move on to the next place. There are plenty available.. And always shop around.

I totally agree, people who are looking for land def. need to talk to the tenants on the islands they are looking at. As for paypal and Lindens I use both and I prefer Lindens just beacuse its easier to track but if a resident desires paypal, sure we can do that, most owners would I imagine. To Require paypal is abit tough but you yourself do NOT need paypal in order to make a paypal payment do you?

Personally I do not believe in selling land on our islands to the residents. It takes alot longer to get the island paid for but its safer for the residents and they do not have to worry about losing alot of money. Islands, pure an simple just offer a NICE place for people to have their homes. The mainland just is not a viable alternative when casinos, strip malls and other bad influences affect your home environment. The rules and covenents on islands are there to protect you and your neighbors. not to mention that the price for land on the mainland is typically at LEAST a years tier for the SAME land in a protected environment on an island. Do the math,
Of course I am a propenent for Islands, I do have a few islands that I manage with my sis but thats not important, My residents have all the benefits of the mainland with the additional privlege of having terraforming done to give them added benefits such as deep dungeons and the like. best of all when they are ready to move on, they simply send me an IM and go on their way, no hassles of selling land ( more than likely at a loss)
all done with my rant.
LOL

I thought you were selling out? Or did you change your mind after scaring off over half of your tenants? /just wondering

Also..
Le Cadre Network accepts L$, paypal, cc and sexual favors lol kidding!

Thank you! That's exactly the reason I've resisted leaving the mainland -- and all its ugly urban sprawl. I just can't stomach the idea of "buying" land that isn't really mine. I'd rather pay a higher rent than shell out a large upfront cost without any real guarantee of recovering that so-called investment.

(Would you IM me in-world if you have any vacancies on your islands?)

I couldnt agree with you more. I do the same thing. Rentals only. I see no need to rape someone over land prices. Grated, some island owners preffer selling them to recoop their investment faster, but in the long run, the tenants suffer, should they move and are not able to sell their land to someone else before tier is due on it. Sounds like our ideas are the same. Take longer to amortize the island, but still cover costs. That's the way I preffer it. Glad to see someone else is out there too.

So here's your options:

Pay 50k for a plot of land and call it ownership. Then you just pay tier per month... or ...

Pay 5k for the same plot, pay rent each month....

It's the same thing folks. No matter how you want to candy coat it in colorful words, buying land is the same as renting it with higher costs.

LOL this coming from someone that purchased multiple islands only to resell as auction for profit...
anyways, I did the rent thing for 2 years, and still did not recoup the cost for the islands, and people care less about thier land when they are simply renting and having nothing invested in it, the turn over rate is high and just like rl, I refused my entire life to live in an apartment complex, because I didn't feel confortable with waking up to a new neighbor every month, sometimes more often than that...
My goal is to build a community at low cost, and i have done just that, I have tenants that have rented from me for years, however straight rent is no longer an option, we charge below L$5 per meter, I don't think that is "raping" anyone, especially considering the services we provide.

you're right it is candy coating. It's the candy coating that matters though. Otherwise we could get into alot of other things that are "candy coated". I'm not saying rental is bad. I just prefer my 500 Lindens a week that I get for being a land owner, owning the land directly, and having better control of it. I've had friends do private island living and while most own directly some were guests, renting, etc. They ended up homeless when the land payers disappeared and the first words were "Glad I didn't pay for that land."

I concider it a trade off though

LL offers = 500 lindens a week and deal with thier stuff.
Rental Offers = double prims and/or no fee land. In return they can poof, impose themes, etc. also deal with any LL stuff that comes along.