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Have you noticed that listia reduced the price that they sell there credits this makes everyones stash of credits worth less and every thing on listia cost more
Gregory D.'s review of Listia earned 4 Very Helpful votes
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Hello Gregory,
As you may know, Listia is an online marketplace where you win other people's stuff using credits instead of money. It's up to the Seller to decide what they want to list their auction item for, using a Starting Bid amount. We do not have a credit-to-cash ratio as it varies from category to category, and from listing to listing. You may see the same items, but they may end up with different final bid amounts. The final bid amount can be contributed to the clarity of the listing's image, description, seller's reputation, timing, etc.
Also, you may find users bidding more for an item in the jewelry category versus the pet supply category. It really depends, so we do not have an actual credit-to-cash or cash-to-credit ratio as it is determined by the every-changing dynamic marketplace. Better listing quality contributes more attraction to potential bidders as well. Also, what you may value less on our site may be valuable to someone else. Therefore, we cannot determine or control how much an item will go for in the end.
As for private deals, we do not allow private auctions on our site and do our best to ensure that they do not happen. We work very hard to maintain a quality site and will continue to do so. I hope you will be able to continue to use and enjoy Listia.
Sincerely,
Tom