My 1st Successful Listia Listing

OK, as you have read before I have tried Listia to see how it work.  My 1st listing attempt was one where I clearly stated that I was in to buy Credits with Paypal payment.  That did not went too well as Listia delisted both my listings. Bummer.

Not conceding defeat I decided to try it the way others are doing it. That is by buying Amazon.com gift cards and sending them to the listing winner.  As expected Listia did not de-list that one.  It actually completed without any problem and I made an ample 491 credits for a 5$ investment.  This is much better than buying 50 credits for 5$ as Listia gladly offer on their web site.

The challenge is now to convert those credits in $ profit.  One option is to buy others Amazon gift card codes for less than 491 credits.  This way I can accumulate leftover credits to buy more cards then sell them back at for more credits.  The risk here is that I hove no guarantee of how may credits they will go for as I can’t put a reserve… So I could end-up loosing in the end.

I will monitor things some more to see emerging patterns that might put me at better odds of making profit.  I will keep you posted.