Policy on Advance Deposits for Sim Parcel Reservation
Sometimes a potential tenant or current tenant does not need a land parcel right away. They will use it, though, within 30 days. In these cases, Ecstasy Realty allows you to reserve a parcel with a substantial deposit on the sim parcel rent.
For example, you wish to reserve 2048 square meters for usage within the next 30 days. Normally, the rent on this parcel is L$4096 per month. Since you will not be actively using it, it's not fair to charge the full amount. However, reserving a parcel takes it off the market away from other potential tenants. Therefore, it is fair to charge a substantial percentage of that rent to reserve it, as much as you can afford to pay out of the full sim rent. Obviously, offering one linden is not adequate. A typical deposit on a space of that size is at least L$1000.
If you wish to reserve a parcel for more than 30 days, the deposit becomes much larger, because, again, you are taking the land off the market. Deposits can be refunded when you take possession and begin using the parcel, or you can simply apply the deposit to your first month's rent.
There is no need to instant message Steve Mahfouz on these matters. You simply calculate sim parcel rent by multiplying the square meters by L$2 per square meter per month (the current market rate) and then try to pay at least L$1000 out of that figure. The Estate Managers will be more than happy to assist you in these matters. Of course, all lindens, USD and Euros go directly to Steve Mahfouz and no one else.
For example, you wish to reserve 2048 square meters for usage within the next 30 days. Normally, the rent on this parcel is L$4096 per month. Since you will not be actively using it, it's not fair to charge the full amount. However, reserving a parcel takes it off the market away from other potential tenants. Therefore, it is fair to charge a substantial percentage of that rent to reserve it, as much as you can afford to pay out of the full sim rent. Obviously, offering one linden is not adequate. A typical deposit on a space of that size is at least L$1000.
If you wish to reserve a parcel for more than 30 days, the deposit becomes much larger, because, again, you are taking the land off the market. Deposits can be refunded when you take possession and begin using the parcel, or you can simply apply the deposit to your first month's rent.
There is no need to instant message Steve Mahfouz on these matters. You simply calculate sim parcel rent by multiplying the square meters by L$2 per square meter per month (the current market rate) and then try to pay at least L$1000 out of that figure. The Estate Managers will be more than happy to assist you in these matters. Of course, all lindens, USD and Euros go directly to Steve Mahfouz and no one else.
