Bartering is Back - WTVM.com-Columbus, GA News Weather & Sports

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Bartering is Back

COLUMBUS, GA (WTVM) -

It's as old as time, before benjamins and plastic, there was bartering.  Now, bartering is back and bigger than ever.  Craigslist is seeing eye-popping growth in bartering, citing the "lousy economy" as the catalyst.

Swap.com says it's seen more than 4 million barter exchanges since last year and Barterquest says it has seen a 150% increase in users in that time.

The latest numbers from the International Reciprocal Trade Association value the barter market in North America alone at 12 billion dollars.

Someone recently offered up an engagement ring on Craigslist in exchange for cars, trucks, jet skis, etc!

Experts say it's important to use a reputable bartering service to prevent getting ripped off by someone who doesn't fulfill their end of the deal.

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