![]() The virtual real estate that can be bought and sold does not exist in our physical world but it does in the online world. The meaning of “virtual” that we are using is in regards to the computer world: “Not physically existing as such but made by software to appear to do so.” However, you are still working in the real world. In those cases, the word “virtual” is used to describe working in one area while residing in another. That is not what I am talking about either. You may also hear the term virtual wholesaling which is used to describe wholesaling real estate in one state while the wholesaler is in another state. You may alternatively hear the word virtual used to describe virtual assistants who work remotely to help people in all industries including real estate. An online world that is backed by cryptocurrency blockchains where people can buy and secure their own virtual piece of real estate. ![]() When I talk about virtual real estate, I mean the metaverse. “Virtual” can mean many different things to many different people. Is it worth it to buy virtual real estate with prices skyrocketing on some platforms? What is virtual real estate? ![]() We can see the virtual world evolve and get an idea of what the future might be like. I think virtual real estate has a ton of opportunities and can be fun, but it is also hard to know what will happen in the future. Virtual real estate has been gaining a lot of popularity lately but many people have no idea what it is! To be fair, many of the creators of virtual real estate may not know exactly what virtual real estate can do yet either. ![]()
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