selling a private island procedure

I am selling an island to another user.

He asks me to send first the email to [email]concierge@secondlife.com[/email] that i agree for the transfer of the island and after he will do the payment.

Is that the right way to do , or what happens usually, or you first get paid and then you do the transfer? How it works? Anybody knows?

thanks in advance

When you send the email to LL about transferring it, you are giving them clear title to your island. I for one would NEVER do that without having been paid. There is no place that is in business that gives out receipts for things that havent been paid for. Its just not good.

I strongly disagree. You are wrong HolyHell

Turn that one around the other way and you are asking the purchaser to pay a substantial sum of money to the vendor, who in return lacks clear title to the Island. There is room for much potential fraud in that situation.

Clearly you need to think things through to the viewpoint of seeing both sides of the potential deal.

I have had direct personal experience of two such potential deals, one of which passed off without trouble, but the other involved a full sim purchase where the vendor believed she was transferring the Island Sim (complete) to another person including title to that sim direct from Linden Labs, but I knew that was completely wrong.

The reason why.?

It was one of a well know SL landowners low prim sims. Not only do Linden Labs (currently) not sell single individual low prim sims, AND the well known landlord (currently) does not sell Sims connected to her own continent either.

If the second such sale had actually happened there could have been a lot of trouble because both vendor and potential purchaser would not have realised what they were actually selling...i. e the right to occupy a low prim sim and pay tier to the well known landlord rather than that of owning a sim and paying Linden Labs, a very different kettle of fish.

I would suggest a better way would be for the purchaser and vendor to locate a single trusted third party avatar, and for the purchaser to pay that third party the sim purchase price in Linden dollars, AND for the vendor to email Linden to transfer the Island sim to the purchaser. When that transfer has happened to the satisfaction of both parties the third party avatar pays the vendor the agreed Linden dollar purchase price.

If the transfer does not happen (for any reason) the third party avatar returns the purchase price to the purchaser.

It would be reasonable for the third party avatar to charge a modest commission for his/her services.

Finally on the issue of trust it can be difficult to locate such a third party avatar, as most here do not disclose their first life identities.

PS to post on edit. I met the sim vendor by pure chance in world after posting this to the BB - am no longer a neutral third party, he seemed a very decent chap, though the point I am making about protection on both sides of the deal stand

Regards

John