Real Estate on UOF

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Razimus

Adept
For those new to UO Forever, this shard isn't like others, economy wise, not even close, while there are a lot of great things, & I like the dono coins, I like the fact that gold is worth gold, gold is worth a lot more on this shard than others, meaning if you grind in a dungeon and get 20k in an hour that 20k is actually worth 20k, on other shards if you grind in a dungeon and get 20k that 20k is worth 20gp because of the inflated gold prices, so I like the economy of UOF because gold is not inflated. That said Real Estate is a bit strange on UOF, if you were a real estate tycoon/mogul/slumlord on other shards don't expect to be on UOF. Real Estate is *not* a good way to make money on UOF, role playing Donald Trump won't work on UOF because of a few factors.

1. Limited accounts
2. The value/rarity of gold
3. Deed re-sell value is greatly lowered / Plot-dropping gold loss system
4. The demand is low
5. Lots of medium sized plots available if you look

When a prime 18x18 spot goes for 1mil or under 1mil, you know your 15x15 isn't going to go for squat unless it's in the most prime spot in the game, or perfect for a particular customer. I placed a house and I need it for storage but when it's time for me to upgrade in size I will 100% be losing on the placing cost because nobody will buy the plot at cost, this is apparently standard. While this is an issue on smaller dying shards I believe this is not the case on UOF as this is not a small dying shard, it's a large growing one. So if you have tons of patience and don't mind sitting on a plot for 2 years to even be able to make 50k profit good luck. This post is to point out how the Real Estate game is not a profitable one on UOF, the 200k cash in your bank is way more valuable than that 'great' plot you found and want to try to make 25k profit on, you'll end up losing money if you try this, just a heads up.
 

Fattson

Grandmaster
I wish they would bring back rants and flames. Maybe not all of it. Or some of it. Maybe bring back just a little....

Yeah. A little bit back. Sounds about right.
 

SidX

Grandmaster
For those new to UO Forever, this shard isn't like others, economy wise, not even close, while there are a lot of great things, & I like the dono coins, I like the fact that gold is worth gold, gold is worth a lot more on this shard than others, meaning if you grind in a dungeon and get 20k in an hour that 20k is actually worth 20k, on other shards if you grind in a dungeon and get 20k that 20k is worth 20gp because of the inflated gold prices, so I like the economy of UOF because gold is not inflated. That said Real Estate is a bit strange on UOF, if you were a real estate tycoon/mogul/slumlord on other shards don't expect to be on UOF. Real Estate is *not* a good way to make money on UOF, role playing Donald Trump won't work on UOF because of a few factors.

1. Limited accounts
2. The value/rarity of gold
3. Deed re-sell value is greatly lowered / Plot-dropping gold loss system
4. The demand is low
5. Lots of medium sized plots available if you look

When a prime 18x18 spot goes for 1mil or under 1mil, you know your 15x15 isn't going to go for squat unless it's in the most prime spot in the game, or perfect for a particular customer. I placed a house and I need it for storage but when it's time for me to upgrade in size I will 100% be losing on the placing cost because nobody will buy the plot at cost, this is apparently standard. While this is an issue on smaller dying shards I believe this is not the case on UOF as this is not a small dying shard, it's a large growing one. So if you have tons of patience and don't mind sitting on a plot for 2 years to even be able to make 50k profit good luck. This post is to point out how the Real Estate game is not a profitable one on UOF, the 200k cash in your bank is way more valuable than that 'great' plot you found and want to try to make 25k profit on, you'll end up losing money if you try this, just a heads up.
Unfortunately like you mentioned the 3 account limit and two main house placement requirements on UOF (1,200 total skill points + 24 hours of gameplay time) really prevent a lot of people from placing. One thing to consider though, many of the other servers have NO house placement restrictions so people make 1,000 accounts and place plots all over the place.. The shard instantly fills up, and by default the demand for housing far outweighs the supply. Five days into the shard going live, housing is full and a 7x7 goes for like 300k.

I must say the policies on UOF for housing are pretty cool.. although we may not always make our money back when we sell a house, it's great walking around seeing houses ACTUALLY used and not just dirt plots from newbie accounts that will never return.
 

Mango

Grandmaster
I wish they would bring back rants and flames. Maybe not all of it. Or some of it. Maybe bring back just a little....

Yeah. A little bit back. Sounds about right.

I wouldn't mind this, if the staff was more active about banning people, and when it's only a few days. im sure the offenders dont even care.
 

God.RG

Grandmaster
Maybe bring back rants and flames and actually let people rant and FLAME... And stop being grown ass crybaby bitchboys.



......lol LIKE THAT COULD EVER HAPPEN
 

Karl Sagan

Grandmaster
For those new to UO Forever, this shard isn't like others, economy wise, not even close, while there are a lot of great things, & I like the dono coins, I like the fact that gold is worth gold, gold is worth a lot more on this shard than others, meaning if you grind in a dungeon and get 20k in an hour that 20k is actually worth 20k, on other shards if you grind in a dungeon and get 20k that 20k is worth 20gp because of the inflated gold prices, so I like the economy of UOF because gold is not inflated. That said Real Estate is a bit strange on UOF, if you were a real estate tycoon/mogul/slumlord on other shards don't expect to be on UOF. Real Estate is *not* a good way to make money on UOF, role playing Donald Trump won't work on UOF because of a few factors.

1. Limited accounts
2. The value/rarity of gold
3. Deed re-sell value is greatly lowered / Plot-dropping gold loss system
4. The demand is low
5. Lots of medium sized plots available if you look

When a prime 18x18 spot goes for 1mil or under 1mil, you know your 15x15 isn't going to go for squat unless it's in the most prime spot in the game, or perfect for a particular customer. I placed a house and I need it for storage but when it's time for me to upgrade in size I will 100% be losing on the placing cost because nobody will buy the plot at cost, this is apparently standard. While this is an issue on smaller dying shards I believe this is not the case on UOF as this is not a small dying shard, it's a large growing one. So if you have tons of patience and don't mind sitting on a plot for 2 years to even be able to make 50k profit good luck. This post is to point out how the Real Estate game is not a profitable one on UOF, the 200k cash in your bank is way more valuable than that 'great' plot you found and want to try to make 25k profit on, you'll end up losing money if you try this, just a heads up.

There was a stated goal by staff to minimize empty plots.

You get full refund on custom plots.

You can make money on real estate here, just have to be choosy and patient. Max storage and up you can make a profit on.
 
C

Carl

Guest
There was a stated goal by staff to minimize empty plots.

You get full refund on custom plots.

You can make money on real estate here, just have to be choosy and patient. Max storage and up you can make a profit on.

We have plans to take care of people who quit and houses are refreshed constantly by friends / co owners after the owner becomes inactive. Also like we stated last time dirt plots will have a faster decay rate.

We did recently go through all inactive accounts (tons from last year) and remove all friends / coowners that were refreshing.
 
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