I've been on their site for years. At first it was great as long as you never purchased points. 1000 points was a $1. But Listia never capped of the inflation, so it went crazy. Every month in the last few years the ratio of points to $ went higher and higher. When they finally introduced turning your points into real cash, they heavily taxed it (20 % Transaction Fee). Which meant you had to sell much higher just to make a profit and if you didn't transfer the points to cash quickly... by the next month the inflation would go up again and the value of those points would go so low that you would actually lose money. Even a veteran like me couldn't handle the ever changing prices. When I realized I was gonna lose money I quit. I have 80,000 points in my account. Last time I checked that was like $20. Now it's worth only $3. Unless you stay on your toes, you will lose money on this site. Its glory days are over.
Claim your business profile now and gain access to all features and respond to customer reviews.
Listia is an auction site for Free Stuff where you bid on other people's items using credits instead of real money. We make it easy for users to get rid of stuff they don't need anymore and find stuff they want for free. Listia is a marketplace where people enjoy giving and getting items for free.