Salt Lake City, UT (PRWEB) February 28, 2006
It is not possible to own a major city in the real world, but now anyone can own a virtual city in the virtual world.
VirtualWorldRealEstate.com is the creation of Gary Ewell. The unique site offers visitors the opportunity to purchase any location on the planet Earth, as long as it has not yet been sold.
“People are buying for the novelty factor, as advertising for a web site, and by investors who hope that future buyers will offer much more to obtain a favorite city,” explained Ewell. “The site opened less than two months ago and word has spread very quickly. It is now ranked well by both Google and Alexa and receives thousands of visitors.”
Several eBay auctions have helped spread the word about the site. The last few auctions have topped $100 which is sparking additional interest.
“The auction makes it fun to compete for a great spot on the global map, but you don’t have to wait for an auction. As long as a piece of virtual real estate is unsold it can be purchased instantly by visiting Virtual World Real Estate. You could pick a city, a state, or perhaps a location like the Grand Canyon,” said Ewell.
Owners of virtual real estate are able to place an image of their choice over their property on a map of the world located at http://www.VirtualWorldRealEstate.com. The image typically serves as an advertisement that is linked to the property owner's web site.
“As VirtualWorldRealEstate.com grows in popularity it will mean greater exposure of your ad, and click throughs to your web site. Whenever a visitor moves a mouse cursor over your property a larger image of the ad is shown. Visitors like to explore the map to see what is owned and what is available for sale,” said Ewell.
Other virtual property buyers are speculating. They may be thinking of the $38,000 price that was paid for the last spot on milliondollarhomepage.com. Some buyers are expecting the value of their virtual real estate to go up and up, according to Ewell.
“Many people are buying just for fun. It's kind of like playing a giant game of Monopoly. Have you ever wanted beach front property in Hawaii? Now you can have it in the virtual world. You can easily e-mail your friends and associates a direct link to your property,” said Ewell.
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