03-26-2007, 08:52 AM
Quote: Real estate deals may be slowing in the real world, but in the three-dimensional online one of Second Life the market remains hot. Now Coldwell Banker, one of the nation's largest real estate brokerage firms, is entering Second Life, aiming to help bring order to the chaotic world of virtual real estate.
Coldwell Banker will open a virtual sales office and start selling virtual land at 9 a.m. on Friday...
Coldwell Banker has bought extensive tracts of property on the central "mainland" of Second Life. (Most companies own "islands" scattered all over.) It subdivided this digital land into 520 individual houses and living units, half of which it will sell and half it will rent...
full article: http://money.cnn.com/2007/03/22/technolo.../index.htm