Bartering: The answer to economic sorrows? - KCBD NewsChannel 11 Lubbock

3/25/09

Bartering: The answer to economic sorrows?

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LUBBOCK, TX (KCBD) - How about trading your boat for some desperately needed remodeling on your home? Some folks are avoiding breaking the bank during these economic times by doing just that and much more.

Many folks on the South Plains are looking for alternatives to spending that coveted dollar. It dates all the way back to the 1800's and, thanks to a faltering economy, bartering is making a huge comeback.

Robert Macias says, "If they need tile work, paint work, cabinets, microwave installations, any type of home repairs." Then Macias is willing to trade with you that is if you have something he wants.

"He has a boat which we are trading for and I did some tile work here, I tiled his bathroom," said Macias.   

Currently Macias is bartering with Paul Pena who wants to remodel his house before it goes on the market. "Getting this kind of work done is so expensive and if you are able to do it at your cost then it's minimal. So when you barter you really can give people really good deals," said Pena. 

Macias and Pena saw each other's ads on Craig's List where you can find many ads offering trades.  "Every now and then you need something that is easier to trade for your time your services than to give up your money because of the economy. And people are the same way they have something of value which nobody wants to buy so they are willing to trade it out for something they need," said Macias.   

Businesses also have an option when it comes to trading and that's where the Lubbock Trade Exchange Inc. fits in. "We broker and connect businesses to businesses to buy and sell through our currency and our network and it's basically a trade currency," said Lubbock Trade Exchange President and CEO Carol Laughlin.

Laughlin says it's a perfect place for small businesses to get connected. "Pest control, window cleaning, vent cleaning, heating and air, they can use within the network you aren't locked into that one on one trade anymore you have a whole network of business owners to choose from," she said. 

It's perhaps the exact outlet folks bruised by the economy have been looking for. "When you find somebody that wants to barter and they want something, they are willing to do a good job for you because they want what you want and there is nothing better than that," said Pena. 

The barter world can be a continuous process. Macias is now looking for a guitar on Craig's List and is willing to trade for his remodeling skills. Pena is looking to get rid of his king size bed if someone will wrap his truck for advertising purposes.

Click here for current barters on Craig's List in the Lubbock area.

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