London For Sale in eBay Auction

West Jordan, Utah – It is not possible to own London in the real world, but now anyone can own a London in the virtual world if they win the current auction on eBay.

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 just opened and already the word is getting around quickly because the first city was sold on eBay, and others are being auctioned there too.”

Luiz Rogriques from www.WebWorldWay.com won the first eBay auction for virtual real estate New York City. The winning bid was $51.

London is now being auctioned, and other cities will be offered in the future. It is item number 5660419824 and is at http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5660419824 and ends on Feb. 5 at 7:43 Pacific.

“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 visitor to www.VirtualWorldRealEstate.com. 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 www.VirtualWorldRealEstate.com. The image can be an advertisement that is linked to another web site, or any image the virtual real estate owner selects.

“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.

Contact:
Gary Ewell
801-671-0670
gewell@virtualworldrealestate.com

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This release was published on openPR.