February 13 – KGO – You can not buy a house in the Bay Area? Now there's a way you can, and make money as a landlord, but everything happens in a virtual world. Owning property is virtually a new frontier for the Web.
The next time you're in Sausalito, you might run into a young man named Erik Christiansen. This is your city.
Erik Christiansen: "I'm Erik Christiansen. I am the virtual mayor of Sausalito."
Yes, the virtual mayor of Sausalito. Sausalito Christiansen has a website called Weblo.com. Weblo is an online version of the board game Monopoly. Monopoly is where you can buy Boardwalk or Park Place. Good, Weblo lets you buy an entire city, a point of reference, or even a house, practically.
Rather than play money, you pay real money.
Property Erik Christiansen: "You can not afford property, real estate again, and now with Weblo, we can afford to own in Marin and San Francisco. So that for some of us, all we have now. "
Like real estate, you fix it increase its value. Erik Sausalito site in Weblo functions video so people can see the view of the bay and the current weather conditions.
Weblo paid three dollars to the site and make money when people click on advertising links placed on your page.
People already broken the Golden Gate Bridge and Louise M. Davies Symphony Hall. However, the Asian Art Museum and the San Francisco Public Library are still available.
It could even buy a deli in Sausalito, and not even have to change the name. I add up to 900 Front Street, the home of ABC7.
Why people do this? Weblo is Rocky Mirza creation.
Rocky Mirza, Weblo CEO: "It's like buying baseball cards. Why buy baseball cards? You buy for two reasons – to buy him one, because he wants to be the most popular kid in the neighborhood. Second, because some day that rookie card will be worth much. "
Enjoy Seattle, for example. Someone bought in Seattle for $ Weblo 40 dollars. Is re-sold for $ 2,000. Now available for U.S. $ 10,000. Weblo takes a commission of 4.5 percent. However, this is a small profit.
Chris Tithof is the virtual owner of the San Francisco Museum of Modern Art is for bragging rights and for fun. He paid $ 3.85 to get it, and is to be profitable clicks on advertiser links.
Chris Tithof, Weblo Member: "I made the grand total amount of approximately $ 5.75."
ABC7 David Louie: "So you are ahead of the game."
Chris Tithof: "I'm ahead of the game. I have made a profit …. not tell the IRS."
These Weblonians – the name given to virtual property owners – may be the latest indication of where it runs the Web, allowing anyone to create a site to make money that will generate enough traffic so advertisers will support it.
Weblo provides the tools to deliver the content. About 2,800 cities U.S. were sold, including Sausalito, where the virtual mayor is taking seriously its ownership, he's giving tourists advice on where to eat.
Erik Christiansen: "There is good pizza slices … .. and then there are sandwiches there, so it's a good place."
Related link:
target = "_blank" href = "http://www.Weblo.com"> http://www.Weblo.com

Video Link:
http://abclocal.go.com/kgo/story?section=business&id=5031405

David Louie, Reporter MONEYScope
Copyright 2007, ABC7/KGO-TV/DT.
ABC7 News Team

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Article Source: ArticlesBase.com – Making Money Through Virtual Ownership

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