Released on: 9, November 2006
, Author: Vivian Wong, Woonba.com
, Audience: Internet related
It is easy to think that barter is irrational. The mainargument would be that it is rare to find a match (someone who has the item you needAND who is interested in your item). So, why are there still many people bartering?Are they all irrational people? This article may give you some clues.
Barter can save you some money in the short run. First, sometimes it can get rid ofany transactional cost incurred when an item is sold. The best example in this caseis car trading. If you buy a car from an individual, you need to pay government tax.If you exchange car with another barterer, you can save the tax, which is usuallynot a trivial amount. Second, when the items / services in question do not have aliquid secondary market it is not a bad idea to barter. For example, if I were aprogrammer, I can use my spare time to build a website for someone and then get anXBOX 360 or a few sessions of pampering massage experience. On the other hand, it isnot easy to  sell my spare time especially for a small project like this.
Barter can save you great money in the long run. Barter helps establish a life longgreat habit  always think about what you donÂ't need before you get new things. Thiscould save you a lot of money in the long run. When you look around your storageroom or your garage and check your credit card bill about what youÂ've bought lately,you know what I mean.
Barter can lower transactional risk. It lowers your risk by ensuring there will be abuyer for your old item with an acceptable price before you buy the new item sinceit bundles both transactions. In addition, since both you and the other party areplaying the roles of  buyer and  seller , it is logical that in most cases thebargain power will be more equally distributed. Furthermore, the fact that youinteract with one party instead of two parties will lower the risk of not able tocollect money from buyer AND get product from sellerÂ
Last but not least, it is just more fun to barter. You learn to be creative and youget surprises from time to time. Once I was offering my SUV and someone offered meseveral acres of land!
You can check the site http://www.woonba.com , one of the largest barter sties inthe nation
Source: Express-Press-Release.com
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