The Price Is Right! Or is it?

The Price Is Right! Or is it?

One of the essential skills you need when you are buying or selling sims is knowing when The Price Is Right.

Its not as easy as you may think.

The retail price for sims is set by Linden Labs.

The wholesale price for sims is set by Estate Owners.

The hidden price for sims is set in secret.

In every case, The Price Is Right when both buyer and seller agree on a transaction that gets completed in a timely manner.

Do you need a sim right now, this instant?

Are you willing to pay $1,000 USD for it?

In that case, buy from Linden Labs.  They will sell you as many sims as you like for $1,000 each.

If the math makes sense to you, go for it!  The Price Is Right!

Do you need a sim within a few days?

Are you willing to pay 50% of the retail price?

In that case, buy on the wholesale market.

The wholesale market is made up of other Estate Owners who are willing to sell you their sims at a discount.  There are groups in world, and Forum listings online, where you can find willing sellers.

When you both agree on a price, congratulations!  The Price Is Right!

Do you need a sim for the lowest possible price?

Are you willing to wait for the right deal?

Then you need to tap into the hidden market for sims.

Tapping into the hidden market takes more effort on your part, but it can be worth it.  With a bit of luck you will be able to buy sims at a 60 – 80% discount!

How do you do it?

Simple.  Place ads, and let the sellers come to you.

There are many situations when an Estate Owner wants to sell a sim quickly and quietly, without advertising that they are selling their sim.  If they already know you are willing and able to buy sims quickly, they will contact you.  When their need to sell matches your willingness to buy, congratulations!

You got a killer deal and The Price Is Right!

When I’m buying or selling sims I work the low end of the scale.  I sell for cheap and buy for cheap and I do it quietly, quickly, and easily.  I’ll pay a little more or take a little less to get a ticket done today instead of tomorrow.

I could try to sell for $25 more, or buy for $25 less, but time is valuable.

I’m willing to give up the extra $25 in exchange for a fast ticket.

While you are still chasing deals and passing messages back and forth, I’ve already completed my ticket and moved on with my day.

Typically it takes me 30 minutes from start to finish.

If it takes any longer then I’ve done something wrong: I’m asking too much, or offering too little.

In that case, the Price Isn’t Right!

Good luck!

Lizard