The initial value of a domain list property can be set to include customized text such as Select Land Use by editing the Initial Value field of the definition.
However, if the Read Only option is enabled, the Initial Value field can not be set since it will be expecting a selection from the domain list. Defect #417719 has been filed to allow you to enter an initial value regardless of the Read Only option status.
Additionally, if you turn on Add blank entry to list, and enable the Read Only option, you will get a blank value selected automatically. And based on your workflow, it might be important since some value at the time of feature placement might be unknown.
This is for XFM. For registered features for Oracle and SQL, these settings are defined in the database, but the functionality explained above remains the same.