What: OpenMLS Real Estate Academy: Intro to Searching for Real Estate in SL

When: Nov 1, 2007 11:00 am - 12:00 pm (Thursday), and Nov 1, 2007 12:00 pm - 1:00 pm (Thursday)

Where: Sede di Marte Second Life

Tags: Education learning Neo Prinz Second Life Sede di Marte

Description: This introductory course is for new Second Life residents who are just starting our looking and searching for parcels to rent, buy, or flip for residential, commercial, or mixed properties.

Instructor: Neo Prinz, OpenMLS Founder and CTO

In RL: Corey Leong is the leading technology educator, expert programmer, and visionary in the Real Estate Industry to date. He is a member of the Real Estate Educators Association and National Association of Real Estate Editors. He has spoken at the Inman Connect and ARELLO’s Annual Conferences. He is the founder of the Real Estate Metaverse Conference which is the first virtual world real estate conference ever held bi-annually in Second Life.

Please join the OpenMLS Real Estate Academy Group in SL for course announcements.

Second Life URL.

Popularity: 3%

The Lindens announced on the Second Life blog today that they are going to start announcing the rates of mainland supply to help provide better information, and to hopefully stop artificially inflating the number of actual lindens being used in the game. They had been auctioning between 12 and 16 regions on average per day, and are going to drop it to 10.

To that end, I am announcing that our mainland supply will be reducing to an average of 10 regions per day from tomorrow onwards. If we do not auction 10 on a given day, for example due to hardware levels or grid updates, we will catch up on subsequent days. This rate of supply will hold until at least the end of August 2007. As we approach the end of the month we will blog again with our expected supply rates for the first half of September.

We will also display this information on the Linden Estate Services region, in the foyer of the office building there. Source: Rates of Mainland Supply

With the outlawing of gambling, the well documented financial problems and Linden Labs continuing to dump new land onto the market every freaking day, I will never be able to sell the land that I “own” now for anywhere near the same price that I bought it, and it will eventually drain me until I just let it go and end up not recouping any of it. If Linden Labs really wants a stable economy, they need to stop dumping land into Second Life and let the demand build again. As one commenter put it,

Its about time, And last time i looked 10 mins, ago The bottom for land was 6.1 a sq. meter a month ago it was 10.1 so lets see millions of users lost 40% vallue on lets see 13,000 sims, if my math is correct 19.5 million in us dollars lost in value, What the heck lets throw another 300 sims out there see if ya can’t cost your users another 19 million us, Its all fun and games unless it your 10’s of tousands worth of us. And as long as we are at it why not double the tier cost and make us all wear dunce hats in SL.

Not sure if his math is right, but, damn, that sucks.

Popularity: 2%