Linden Lab hasn’t traditionally been involved in resident to resident transfers other than to action the transfer itself upon receiving permission from the buyer and seller. This has meant that residents have had to arrange any payments privately between themselves and this has proven to be problematic at times.
For new transfer requests submitted on or after Monday 10th March we will be enabling the Buyer in an island transfer to pay the Seller through their Second Life account. This will be our default transfer process.
So how will this work?
Both buyer and seller will create support tickets, via the support portal, that detail the region to be transferred and the value they have agreed on. This value can be in either U.S. Dollars (USD) or Linden Dollars (L$). Both sides will also have to confirm other details about the region being transferred.
If both tickets match (ie. they state the same details and value), we will charge the Buyer through their Second Life account, either USD or L$ as specified in the tickets. Once the charge has been successful, we will credit the Seller the same amount minus the transfer fee that we normally charge. The transfer of the region will then go ahead as usual.
The island transfer fee, always payable by the Seller, is USD 100 (or L$28000 for L$ transfers).
This does mean that buyers will have to have valid payment information on file with us (or have the necessary account credit in USD or L$). The ‘Increase Your Credit’ link on the account pages can be used to add USD credit to an account.
If they use PayPal as their payment method – they will need to have their PayPal agreement set to a high enough limit (by default PayPal limits are relatively low).
If the buyer’s payment fails for any reason, then the transfer will be cancelled and no action taken. Both accounts must also be in good standing (not delinquent) for the transfer to take place.
We hope that this will make the process of transferring islands quicker, safer and more reliable for both buyers and sellers. If you have any questions, please contact the concierge team.