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Property Crossroads - Real Estate Info

A home guaranteed to sink? Lease a suite on the Titanic

by Dan on October 26th, 2007

Ever dream of leasing a residential suite on the Titanic? Me, neither. I know how that particular story ends. But that doesn’t mean you can’t claim your own residence on the famous doomed ship, at least in the virtual world.

 

Over at Second Life – an online virtual world that allows people to live, well, a second, make-believe life on the Internet – you can lease an actual residential suite on a virtual Titanic. Hopefully, there are no virtual icebergs lying in wait. Or Leonardo DiCaprios.

 

My fellow b5media blogger Simone Brunozzi over at Second Life Pros writes about the launching of the Second Life version of the ship here.

 

Of course, this isn’t the only real estate purchase you can make in the immensely populer world of Second Life: You can buy all types of land or homes in existing subdivisions or cities, some located on exotic islands, others in bland, suburban subdivisions. Of course, you’ll have to pay … using the site’s virtual dollar, the Linden Dollar, named after the company that founded Second Life, Linden Research, Inc.

 

Maybe this is why Coldwell Banker Residential Brokerage , one of the country’s largest real estate companies, last March set up its own Second Life brokerage. This isn’t a joke. You can read the official press release from Coldwell Banker here. The brokerage is offering a variety of virtual houses, and will tour Second Lifers through the online neighborhoods that interest them.

 

So, I’ll pose the obvious question: Is the residential real estate market slumping as badly in the Second Life world as it is in the real one?

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POSTED IN: Breaking News, Buying a Property, Educational Tools, Insights and Commentaries, Real Estate Terms, Real Life Stories

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