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Virtual World Real Estate Blog

  • May 4, 2006

     

    The press release I issued last week through eWorldWire didn't seam to have the impact I had hoped for so I went back to the PR company that has given me my best results in the past.  I issued a press release on PRWeb earlier this week and have seen much better traffic.  What was really cool is that I was given a Podcast interview which only a few people get to do everyday.  It was pretty exciting.  Hopefully the news continues to spread about the site that sold $77,777 in virtual real estate.           

  • April 26, 2006

     

    The press release about the huge virtual real estate sale went out yesterday.  It can be found on eWorldWire.com.  eWorldWire wrote it and distributed it on all the major newswires globally.  It has already popped up on a number of sites including Google news and I'm starting to see some traffic from it. It will be interesting to see what the next few days bring.  I'm hoping to see it published in some major news sites since this is truly an amazing sale.  This even dwarfs the $32,000 auction the million dollar homepage had.

    In addition to the press release, I'm trying to spread the news anyway I can.  I've posted to several forums and news sites.  If anyone has anymore ideas for spreading the news, please let me know.           

  • April 21, 2006

     

    It's time for the details on last week's large virtual real estate purchase.  I mentioned the sell price was $1777.  After further discussions with the buyer, this is only a deposit.  The buyer wants to own the entire state of Pennsylvania and the whole country of Israel.  He has offered $77,777 for both and plans to make payments over the next year and a half.  These properties and the amount he wants to pay are significant to him.  As put in his own words "I know this is a high price, and all I can tell you is this is what I must pay".  I trust that the buyer does plan to pay as scheduled and one thing for sure is that he has already paid a sizeable deposit.

     

    I would like to thank and congratulate Walter Fairley of Omega-Mart.  He made the large purchase mentioned above and now owns the two largest properties on the virtual world map.  At this point, he has decided to cover half of both Pennsylvania and Israel (for which he still plans to provide me images).  In the next few months, he'll provide me with the information for covering the other halves. 

     

    One thing I should mention is that 95% of Omega-Mart's net profits will go to help end world hunger.  This is an admirable goal and we wish Walter the best of luck with this.  I would encourage everyone to visit Omega-Mart and help support the cause. 

     

    I now plan to have a press release written and issued about this amazing virtual real estate purchase.  I would anticipate it will hit the news wires early next week.  If anything should draw attention to Virtual World Real Estate, this is it!      

  • April 15, 2006

    I finally have some time to make another blog entry.  It's been a couple busy weeks as taxes are due in the US on the 17th.  I just finished preparing mine today.  It feels good to finally have it all done.

    Enough with taxes, let's talk about the site.  The first thing I should address is the large property order I mentioned was coming.  The sell didn't turn out to be quite as big as originally anticipated but it was still a very impressive order.  In fact, it will take the lead as my biggest order yet with a dollar amount of $1777!  It is also very likely that the buyer will purchase additional properties in the future.  The buyer and the properties he purchased will be featured in my next blog entry.  I will also be issuing a press release about this large order shortly.

     

    In the area of advertising, I'm continuing to promote the site.  I'm still running both Google Adwords and Overture campaigns but my primary focus now is growing links.  This should help search engine rankings and ensure long term traffic for the site.  The link growth is going pretty well with almost a thousand backlinks listed on MSN.  I'm also trying a new web promotion technique using FreeViral.com.  Essentially it uses viral advertising as a way to get a very large number of visitors over time.  It's totally free and seams like a great way to promote a web site.  It's certainly worth checking out

     

    In order to really put the promotion of Virtual World Real Estate into high gear, I would appreciate any input or help I can get from my property owners.  Please email me your ideas and/or spread the word about the site yourselves.  I think in all industries success is best achieved by word of mouth.  Go ahead and spread the word about this cool site.  It looks much better coming from you (a customer) than it does from me.  One of my property owners plans to write an article on wikipedia.com about Virtual World Real Estate.  I think this is great.  I could have written it myself but I think it will be much better from the perspective of a property owner.

                 

    Virtual World Real Estate is over 3 months old now... the time sure went by fast.   I think things have gone pretty well so far.   The site has rapidly gained popularity with all the major search engines and Alexa.   It also started a large Internet trend of selling advertising space on maps.  As far as I can see, Virtual World Real Estate is still the most unique and interactive site of its kind.  The cool thing is that because it is much more than a static HTML site, it hasn't been copied and mass produced like the original million dollar home page was.  I have had several offers from people wanting to buy the script for the site but I have turned them all down.  I want to keep Virtual World Real Estate as unique as possible for as long as possible.

    Just one more quick note... I now plan to do periodic newsletters about the site.  Anyone can subscribe to these newsletters by entering their email address in the input box found at the top of the homepage.

    Happy Easter Everyone!    

  • April 2, 2006

     

    It has been a couple busy days as I have made major enhancements to the site.  Much of what I have done isn't obvious from the user interface but was still very important.  In a nutshell the site is now completely data-driven.  That is to say all properties are stored in a database and are displayed on demand.  Previously, the properties were hard coded directly in the page script.  This change was made in order to support future functionality.  The site has grown well and it was time for a significant overhaul.

     

    The first major feature this change allowed for is the property list page.  This new page displays a list of all taken properties from largest to smallest.  This page provides static links to the sites of all virtual real estate owners.  These links are easily navigable by search engines and are sure to pass on page rank (PR).  The other value the property list page provides is yet another way for advertisers to get visibility to their sites.  Any advertiser can be at the top of this list by purchasing the largest property in the virtual world.  

      

    The change to the site infrastructure also paves a way for self managed properties.  Some of my future goals include the ability to allow property owners to manage their own text and image.  Also, as mentioned in the FAQ, eventually I will be offering much less visible virtual real estate to consumers for free.  It will be necessary to allow these properties to be self created and maintained.

     

    Another important thing I should mention about the changes made to the site is that I also redesigned how properties behave when zoomed in/out.  The new solution is much more efficient and increases performance quite a bit.  It also allows for many more properties to be added to the virtual world without slowing things down.  

  • March 23, 2006

     

    I should apologize for the delay since my last blog entry.  I got back from vacation less than a week ago and have been swamped ever since.  Anyway, it's time to mention a couple exciting things going on with the site.  Properties continue to sell well with at least a few being sold each week.  But more exciting than that, I have a pending sale for a large number of properties.  If all goes according to plan, I'll be making a formal announcement and sending out a press release about this within the next couple weeks.

     

    In the area of advertising, I'm back promoting the site again (There was a short break while I was on my vacation).  I posted to a few different forums about the site and I just purchased advertising space from a couple more high traffic sites.  This should continue to draw traffic and interest to the site. 

  • March 8, 2006

     

    The site is now 2 months old (as of yesterday).  It's been both a busy and exciting couple months.  As for this weeks news, the sites popularity continues to rise.  The average Alexa Traffic rating for this last week is 73,388.  The 3 month average is currently at 293,794.  This is sure to improve significantly over the next month.  I just finished spending some additional advertising dollars in purchasing links from 3 different high traffic sites.  They all have Alexa rankings under 40,000.

     

    On a personal note, I'm leaving on vacation tomorrow (yeah!).  I'm looking forward to a week long break from work.  Even though I'll be on vacation, I'll still be available to work on the site as needed.  My hotel will have Internet access so I'll do my best to respond to emails and post any new properties.  It may take a little longer than normal so please be patient if I don't respond right away.

     

    I would like say a quick thank you to all my property buyers.  It's with your support that the site continues to grow.  My goal is to make this successful for all of us. 

  • March 1, 2006

     

    It's been an exciting week with some great things happening with the site.  The best thing is since my last post I've sold nearly $1500 worth of Virtual Real Estate.  I had my biggest order ever from a company named The Unfold - a design and web services division of Himesconnect LLC. Rachelle from The Unfold purchased over a thousand dollars of virtual real estate including the cities of New Orleans, Lisbon, Toronto, Gold Coast Australia and a couple cities in both Hawaii and the Philippines.  Another piece of exciting news is that the site continues to move up with its Alexa traffic ranking.  The site's Alexa ranking for today is 58,150!

     

    As for what I'm doing with the money I'm making, most of it is being investing back into the site.  I want to make sure my advertisers get good value for their investments.  This past week I paid $299 to be listed in the Yahoo directory and paid another $100 for a couple other directories.  This should increase traffic to the site as well as help boost it's ranking in the various search engines.  I  also started an Overture campaign and released another press release.    

  • February 23, 2006

     

    I don't have much time to write today but I wanted to make mentioned of a couple things.  The most exciting thing is that the site is ranked by Google now -- it is now a PR4.  While a PR4 in itself isn't necessarily fabulous, it's pretty impressive for a site that is only 6 weeks old.  I'm sure it's going to continue to grow as I get new links daily.  I'm looking forward to the next update.  Other good news this week is that the auctions continue to do very well.  The one that just ended today went for $112.  The auction also had 470 page views and about 30 watchers. This really shows that the site is getting some attention.

     

    I also made some site enhancements this week which should make it more appealing.  I had a couple comments that the main title and some text was a little hard to read.  I went through and lightened them up some so now they are clear as can be.  I'm always happen to take site improvements suggestions.   

  • February 16, 2006

     

    It's been another busy and exciting week.  More than a dozen properties were sold including a couple that went in very successful eBay auctions.  You can really tell the site is taking off when each auction goes for more than the previous.

     

    I made a few significant enhancements to the site over the last week.  The first enhancement is a new navigation instructions pop-up window on the homepage.  Now it is easy for anyone to get quick instructions on how the navigate the map.  I can tell that this is already helping out significantly.  Another major enhancement includes the ability to select a border color for virtual real estate.  Multiple border colors makes the site more interesting and will also make it easier to distinguish separate properties as the site gets more populated.  Another major benefit to this enhancements is that the site now looks much better in Firefox than it did before.  Firefox never supported the glow effect that was seen on IE. The last enhancement I did is make it possible to have completely transparent real estate instead of an image.  This option allows the map to be entirely seen but still provides a pop-up window, a border and a site link.  If you browse the map, you'll see a few different properties where the buyer choose this option.

     

    In the area of advertising, I spent quite a bit of time this last week spreading the word to real estate agents.  I believe this site is perfect for their business.  I have received some great input from a couple agents and I am now listed in a number or real estate related directories on the web.  Things are moving forward perfectly. 

  • February 8, 2006

     

    Well there has been quite a bit that has happened this last week. Of course of most interest is that I sold several properties grossing almost a thousand dollars over the last week.  Some other great news include the fact that I've been seeing many more back links to the site.  If you search on MSN, you'll see almost 200.  Some of these back links even have a very good PR value.  I'm excited to see how Google ranks me once the Google dance occurs sometime within the next month.

     

    In order to help get more high quality links to the site, I decided to offer a temporary link exchange. You can get all the details on my link page.  Essentially, anyone that links to my site from a good PR ranked site will get credit towards virtual real estate.

     

    Another exciting thing that happened over this last week is that the owner of my New York Real Estate was made an offer for 50% more than what he bought it for.  He didn't accept it because he believes it will be worth much more in the future.  It's cool to see the resale potential of the site is starting to show.

     

    This past week could have also been a Star Wars movie because I feel like it was the 'Attack of the Clones'.  When I launched my site a month ago, there were no map type advertising sites that I could see.  Now I know of at least 6.  As far as I can tell they all claim to be original ideas but if that were true why did they all come live in the last couple weeks.  I'm flattered that they like my idea enough that it inspired them but I think the least they could do is give me a little credit and perhaps a link to my site.  Anyway, IMHO this site is by far still superior to any of them and continues to grow quickly in popularity.  They may actually be of benefit in the future once the press researches into which site started all the map based advertising.  I actually think I might do a press release on how my 6 year old son inspired the industry of selling real estate on a map.  I've also bought a few cheap links from these sites in order to further draw traffic and attention to my site.  Having backlinks from related sites should also look good for search engine ranking purposes.

  • February 1, 2006

     

    I just finished adding a really cool new feature to the site. It's called the 'Sizing Tool'. The most common question I've been getting lately is 'What size image should I use to cover _____?'. This sizing tool can now be used to determine the size of image to use. It can be positioned over any real estate and provide an easy way to determine the number of pixels required to cover the real estate. The sizing tool is available by clicking on the link found at the bottom right of the map page. I also just made a new entry to the FAQ answering how to best determine the image size to use.

  • January 29, 2006

     

    Things continue to progress well. Over the past week, some great real estate was sold. Because all the big name cities are going quickly, I decided to reserve a few of them for eBay auctions. I think auctioning popular cities on eBay will help to drive additional interest to the site. My plan is to put another city up for auction every week or so. I put London up for auction on Thursday and it has already been viewed a couple hundred times and has garnered a couple bids. The auction still has a week left to go. Even though many cities are sold are reserved, there are a number of great cities still up for grabs.

     

    In related news, a press release just went out yesterday about the London auction. It can be found featured on the American Chronicle or various other news sites if you search for 'London For Sale in eBay Auction' at http://news.google.com.

  • January 22, 2006

     

    There are a lot of exciting things happening. We are now seeing some good traction with 15 properties already posted on the site. The real great news is that a press release went out Friday afternoon. I anticipate that this will bring an amazing amount of attention to the site over the next couple weeks. The popularity of the site will only grow from there.

  • January 19, 2006

     

    The first property auction ended Tuesday and the winning bid was $51. Congratulations to Luiz Rodrigues from Brazil. He walked away with a killer deal and has chosen New York, NY as the location for his property. Luiz owns a company named Web World Way which helps find the best ways to make money on the Internet. You can view Luiz's property on the virtual world map here.  The press release announcing the first sale will be going out shortly.

  • January 13, 2006

     

    Things are starting to pickup now. The site had a couple hundred unique visitors yesterday and there are now bids on the first property. I expect this trend to continue over the next few days and then surge once the press release is issued. 

  • January 11, 2006

    It's been a busy opening week.  The final touches were put on the website Saturday (January 7th) and it was finally brought online after several weeks of work.  Immediately after going online, I put the first property up for auction on eBay. The goal is for this to attract some attention as well as bring in some money to do some serious advertising. So far the auction is stirring some curiosity but no serious bidders yet.  I'm sure that bids will come as we get closer to the end of the auction (still six days away). Once the auction ends, I'll pay to have a press release sent out announcing the first sale of prime real estate.

    Other things I have done over the past few days to promote the site include putting a link on a couple other websites as well as start a Google Adwords campaign. I have also listed my site on several Internet directories and sent off a few emails to members of the press. I hope that everyone recognizes that this is not a clone of the million dollar homepage but is instead a unique idea within itself that has tremendous potential.