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3rd Party Land Rental Fees - Beware


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For background:

 

We're currently renting from a certain land company. Our weekly tier is 16899. 

 

I asked them about a prim increase from 20k to 30k, expecting $30 charge + maybe a little fee for them to make money. Naaah

 

From their Support site for a 30k Prim upgrade:

  1. Tier will be increased L$5,000 per week
  2. There is an upgrade fee of L$60,000
  3. Upgrading is a one way process, we cannot downgrade the prim counts

 

On top of this. They also charge 15k Linden for a name change.

 

I can totally understand having a upcharge to ensure you're making a profit but this seems like straight up scammy and land baron vampire nonsense. For reference, others charge like 7k for a 30k increase and somewhere around there for a name change.

 

Look before you rent people. 

Edited by Nivanglus Aya
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4 minutes ago, LittleMe Jewell said:

You need to remove the name of the rental company from your post.  Despite you wanting to warn others, Name & Shame is not allowed in the forums.

Fixed. Thanks for the heads up on that one. 

 

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18 minutes ago, LittleMe Jewell said:

You need to remove the name of the rental company from your post.  Despite you wanting to warn others, Name & Shame is not allowed in the forums.

Yeah. Pity, that. BTW in our last episode, my prims were returned after 4 days, with no comment whatsoever. As they should have been, at 350 over the limit.

So this one is hard to evaluate because I can't tell what it is exactly. A homestead? Charging to rename anything in SL seems crazy, as you can do it at will on the Mainland, but on private islands and homesteads, once you pick its name when you get it from the Lindens, you can't change its name unless you pay them a fee. So what is that fee? Since you can still re-name lots, a name change seems like a waste of time, but some people want it. So let's find out the cost to the landlord.

A grandfathered homestead now costs US $75 in tier. The new ones cost $99 I believe, it's on the website.

So that weekly rent seems like a princely sum for a homestead!

But if it is an entire island? That's only US $270. The grandfathered islands are US $175. The newer ones are now $229. So the owner makes US $41 in revenue each month? That may seem like a lot, especially to a low-rent Mainland agent like me, but it goes fast on content, service -- and failure to have full occupancy among your holdings. So I dunno. Maybe it's reasonable.

I believe it's true that there's a fee for upgrading your prims from 15,000 to 30,000 -- but can you roll it back for free?

In other words, it would be helpful if the OP expressed her costs in US dollars or euros, and then found out the landlord's costs for the same, and see if this makes sense. It does seem excessive on the face of it.

There is a huge competition among island dealers and a huge number of offerings so it seems like you should find another arrangement.

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Posted (edited)
40 minutes ago, Prokofy Neva said:

Yeah. Pity, that. BTW in our last episode, my prims were returned after 4 days, with no comment whatsoever. As they should have been, at 350 over the limit.

So this one is hard to evaluate because I can't tell what it is exactly. A homestead? Charging to rename anything in SL seems crazy, as you can do it at will on the Mainland, but on private islands and homesteads, once you pick its name when you get it from the Lindens, you can't change its name unless you pay them a fee. So what is that fee? Since you can still re-name lots, a name change seems like a waste of time, but some people want it. So let's find out the cost to the landlord.

A grandfathered homestead now costs US $75 in tier. The new ones cost $99 I believe, it's on the website.

So that weekly rent seems like a princely sum for a homestead!

But if it is an entire island? That's only US $270. The grandfathered islands are US $175. The newer ones are now $229. So the owner makes US $41 in revenue each month? That may seem like a lot, especially to a low-rent Mainland agent like me, but it goes fast on content, service -- and failure to have full occupancy among your holdings. So I dunno. Maybe it's reasonable.

I believe it's true that there's a fee for upgrading your prims from 15,000 to 30,000 -- but can you roll it back for free?

In other words, it would be helpful if the OP expressed her costs in US dollars or euros, and then found out the landlord's costs for the same, and see if this makes sense. It does seem excessive on the face of it.

There is a huge competition among island dealers and a huge number of offerings so it seems like you should find another arrangement.

So the rent itself isn't the problem. It's actually not bad and totally reasonable I think. It is a full 20K Prim sim. But its an additional 5K per WEEK if you upgrade to a 30K. 

 

So 16866 turns into 21866L a week. 87464L a month total.

 

The issue is the cost from the land company for the upgrade. 60000L when it costs $30 USD from LL to do so. Name changes are 25USD, Land company charges 15k L. (Keep in mind. The 60K Linden fee they charge? None of it goes towards rent. It lines the owners pockets after they give LL the measly 30 USD to upgrade)

 

Roll back to 20K costs 30 USD as well but you have to wait a month. But the company in question here claims "It cant be downgraded" All in all you have to charge customers more to make money at the end of the day, that's business. But the prices the company I'm renting from now are trying to offer for these cheap services from LL are highway robbery and super scummy. 

Edited by Nivanglus Aya
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6 minutes ago, Nivanglus Aya said:

So the rent itself isn't the problem. It's actually not bad and totally reasonable I think. It is a full 20K Prim sim. But its an additional 5K per WEEK if you upgrade to a 30K. 

 

So 16866 turns into 21866L a week. 87464L a month total.

 

The issue is the cost from the land company for the upgrade. 60000L when it costs $30 USD from LL to do so. Name changes are 25USD, Land company charges 15k L. (Keep in mind. The 60K Linden fee they charge? None of it goes towards rent. It lines the owners pockets after they give LL the measly 30 USD to upgrade)

 

Roll back to 20K costs 30 USD as well but you have to wait a month. But the company in question here claims "It cant be downgraded" All in all you have to charge customers more to make money at the end of the day, that's business. But the prices the company I'm renting from now are trying to offer for these cheap services from LL are highway robbery and super scummy. 

It's only highway robbery if you're forced to pay it.  Everything you've mentioned is an option.  Perhaps you'd be better off buying your own region from LL?

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I think that whenever a business doesn’t really want to offer an option, they’ll slap a ridiculous fee on the action in order to put people off. Maybe the 20k allowance regions rent easier than than the 30k ones. If they up the allowance and you decide to move after a month they’ve then got the faff involved in downsizing again, as well as the cost.

You quite correctly point out that other landlords do the things you want for less money..... might be time for a change.

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