Final Week! – Listia Five Million Credit Giveaway

Listia Goals

It’s the final week of our 5M Credit Giveaway and all of the goals are out! Here’s a summary of what you should see on your goals page:

  • 5M Credit Giveaway: List 5 listings that sell for 100k or more (week 1)
  • 5M Credit Giveaway: Refer 15 friends (week 2)
  • 5M Credit Giveaway: Buy 25k credits (week 3, option 1)
  • 5M Credit Giveaway: Earn 25k offer credits (week 3, option 2)
  • 5M Credit Giveaway: Win 3 listings (week 4)

Six random people that complete at least one of the above goals will win 500,000 credits. One lucky person that completes all 4 weeks of goals (there are two goal options for week 3) will win 2,000,000 credits! Increase your chances of winning by completing more than one goal! Be sure to check your Listia inbox to see if you’ve won!

All 5 goals expire on 10/28/15 at 12:00am PST so that gives you just under a week to increase your chances! Good luck and have fun!

Update! – November 5th 2015

Thank you everyone for participating in the Five Million Credit Giveaway! After thousands of entries, we’re excited to announce the winners below!

  • Jean E.
  • Riah D.
  • Rebekah D.
  • Terry S.
  • Misty R.
  • Brody M.
  • Nichole B.

Thanks again! Keep an eye out for the next one!

Fixed Price Listings


Today we are excited to announce the arrival of a new feature on Listia: Fixed Price Listings!

Fixed Price Listings are different from today’s auctions in that there’s no bidding involved, and instead there is only a Get It Now (GIN) option. Some info about this new type of listing:

  1. Fixed Price Listings may only be listed by sellers with the Trusted Seller badge.
    Knowing the exact price you want for an item takes experience, so we want to make sure only sellers who’ve earned the Trusted Seller badge have this capability. There are no restrictions on who can place a GIN bid, though.
  2. A listing fee of 50 credits is applied when the item is listed.
  3. If the item sells, there is a 10% transaction fee based on the GIN amount.
    This amount is only deducted when you receive credits for the item.
  4. Listings can be created on the Web starting today, and support on our Android and iOS apps is coming soon.
  5. In almost every other way, these listings behave just like Auction Listings.

This new type of listing will benefit both sellers and buyers:

Seller Benefits

  • List with a fixed price to make sure you get the exact amount of credits you want. Have a valuable item that might only attract a few bidders? A Fixed Price Listing can help remove a lot of the uncertainty that may come with auctions and bidding.
  • For high volume sellers, Fixed Price Listings can result in listings that end earlier (you typically won’t have to wait the full listing duration), which means spending less time waiting, and more time earning credits.

Buyer Benefits

  • Fixed Price Listings bring more of that feeling of instant gratification you love when you use Get It Now. Watching and bidding on auctions is fun and exciting, but being able to win an item instantly is equally rewarding!
  • Because Fixed Price Listings encourage sellers to list items they previously might have held out on listing, buyers will start to see new types of items on Listia!

In conjunction with the release of Fixed Price Listings, we are also simplifying the pricing of the Get It Now and Start Bid options on Auction Listings, making them more consistent with how Fixed Price Listings behave.

Get It Now on Auctions

  • The low 50 credit listing fee is staying the same, but will no longer be refunded when the auction ends with GIN.
  • This change is effective today for all new auctions.

Start Bid on Auctions

  • Start Bid currently has a listing fee that increases with the start bid amount. For example, a starting bid of 1,000 costs 100 credits, but a starting bid of 50,000 costs 1,000 credits.
  • This is changing to a low, flat listing fee of 50 credits with a 10% transaction fee on the start bid amount if an item ends with normal bidding (not GIN).
  • Example: If you set a 5,000 start bid on an auction, you’ll pay just 50 credits up front. If your auction ends at 100,000 credits, then a fee of 500 will be applied when you receive your credits. A couple of important things to note:
    • The 10% transaction fee is only based on your start bid, not the final bid amount.
    • If the item does not sell, then no transaction fee is applied.
  • These changes will take effect Wednesday, April 15th, 2015.

The changes to Get It Now and Start Bid come about because we want to make the fees for the various features on listings simple and consistent. Once all the changes roll out, a simple way to think of it is that Fixed Price, GIN and Start Bid all have a very low listing fee of 50 credits. This allows you to list items with these features with little upfront cost and very little risk. Then, for all three features, there will be a 10% transaction fee applied only if the item sells.

Listing Type Listing Fee Transaction Fee
Fixed Price Listing 50 credits 10% of GIN
Only when item sells
Auction with Start Bid
When Start Bid is 500+
50 credits 10% of Start Bid
Only if item sells via regular bidding
10% of starting bid, NOT final amount
Auction with Get It Now 50 credits 10% of GIN
Only when item sells via GIN
All Other Auctions FREE FREE

Onward and Upward!

Along with these changes, you’ll also notice a refreshed browse and search results view on the Web. We’ve made some improvements to display bidding and GIN options more clearly, and we’ve also made the images larger.

Our continued goal is to make Listia a bustling community where members can trade items with each other in a friendly and fun environment. With Fixed Price Listings, we’re now giving sellers a lot more control over how they want to sell their items, and at the same time creating more GIN opportunities for buyers.

Having more options helps everyone find a way to use Listia that feels “just right” for them. We can’t wait to see what you list! :-)

Rewards Store Updates


We are making some important updates to the Rewards Store today to ensure that Listia can continue to provide great new items to all members in a fair and fun way. A summary of the changes is listed below, but we encourage everyone to continue reading this entire post to fully understand the reasons for the necessary updates:

  1. Rewards Store items are being simplified into three different categories:
    • Staff Picks: Great new items shipped to you by Best Buy and Walmart (items previously found under other categories will be located here)
    • Listia Goods & Gear: Listia swag, including t-shirts, mugs, stickers and coins
    • Amazon Gift Cards: Official gift card codes, delivered digitally
  2. Most items, including all items sold through “Staff Picks,” will now be auctions that do not include a Get It Now (GIN)

The shift from GIN only items to regular auctions is the change that has the largest impact on Listia members. Since the Rewards Store first launched over two years ago, most of the items on the store have been available to Listia members through a fixed price (no bidding, just a GIN option). It was introduced as a nice benefit of being an active seller on Listia, and we felt that having GIN as the only option made buying from the store both quick and easy. It started off at a small scale, and the store was nearly always full of great products, and everything seemed fine.

In the span of the last several months though, we’ve noticed that items began to sell out extremely quickly (Can you imagine someone winning a 3-piece luggage set within 30 seconds of it being listed? It happens.) The Rewards Store started to look very sparse, and at times was completely sold out. An easy solution would have been to simply list more and more items, but as you can imagine, that would quickly become too costly for Listia to maintain.

There are two main reasons why the Rewards Store started to sell out:

  1. The Listia community is growing, and that means more members are using the Rewards Store as a great way to spend their credits.
  2. Items in the store were often priced much lower than what they would sell for on the rest of the site. In many situations, winning an item on the Rewards Store could be considered a steal, and who doesn’t love a great deal?

Over the last two years, we’ve steadily grown the Rewards Store. We’ve also changed the Get It Now amounts a few times to make the items priced more accurately. Those actions weren’t quite enough to keep the Rewards Store in a state where enough members could participate in a casual, stress-free way though. Hearing members’ stories about needing to refresh the Rewards Store constantly to immediately “snipe” something that gets listed is one of the things that keeps us up at night!

A few answers to some of the questions you may all have:

How long will the auctions be live for?
We are starting off with 5 day auctions, which we feel is short of enough to keep things exciting, but also long enough to make sure everyone gets a chance to see it. Items will be starting and ending daily, so keep your eyes peeled!

Will things get more expensive?
Since Listia will no longer set the price of most Rewards Store items, the bidding will behave just like any other auction on Listia. It’s hard to say if specific items will tend to sell for more or less credits, but in general you should see prices more accurately reflect their fair market value.

Our goal with today’s changes is to keep the Rewards Store as an enjoyable and rewarding place for our members to use their credits. While we are sad to see the GIN option go, we feel that it is a necessary step to make sure the store stays up-and-running for all members. Also, by having Rewards Store items as auctions with no starting bid and no GIN, everyone can place a bid early to have their opportunity at winning. As a separate measure, we will be increasing our focus on keeping the items as fresh as possible!

Thank you all for continuing to be a part of the Listia community!

Rule Updates for Shipping Payments


As the Listia community grows, we need to continually evolve and improve our rules and policies to protect members and create as safe and enjoyable a marketplace as possible.  Today we’re introducing some more specific guidelines surrounding how shipping payments should be made between buyer and seller when auctions have fixed or flat rate shipping.

The updates can be read in their entirety on our Rules and Listia Assurance pages, but below is a summary:

  1. Shipping payments are now limited to PayPal, Google Wallet, check, money order and cash.
  2. Sellers can specify which of the above methods they support in their listing, but may not add additional payment methods not allowed by Listia, and may not specify “Cash Only” (sellers must accept at least one of the other methods as well).
  3. When sending payment through PayPal, Google Wallet, check or money order, your credits are now protected by Listia Assurance in the event there’s a problem with the shipping payment being received.

While we always encourage sellers to offer free shipping, we understand that it is not suitable for all sellers and all items.  For these situations, we hope that these updates make both paying for and receiving shipping payments as simple and worry-free as possible!

Rule Changes for Digital Items


October has come and gone, and we’re heading into the holiday season with continued efforts to keep the Listia community safe and happy. Last month, we revised our rules surrounding photography and coupons. Today, we’re introducing additional measures to build an online marketplace full of great items (and experiences!) for sellers and buyers alike.

Digital Items

Starting today, all newly listed items with digital delivery will need to meet one of the two requirements below:

  1. The item can be used or claimed, and upon use, no longer has value and cannot be reused
  2. The item being listed is Bitcoin

Examples of things that meet the first requirement, and therefore are allowed:

  • Codes to redeem movies or games
  • Digital gift cards
  • Subscription codes for services like Xbox Live or Hulu Plus

Examples of things that do not meet the first requirement, and are no longer allowed:

  • E-books and PDFs, including instructions, recipes, how-to guides, etc
  • All other types of digital media (photos, music, text, etc) regardless of copyright ownership or resale rights

We feel that these changes surrounding digital items will help our community continue to grow in the best way possible. Today we’re lucky to have members who list things they no longer need, as well as others who create their own handmade items or buy new items to give to others. Digital items that can be reproduced indefinitely, however, don’t seem to fit as well into the type of community we’re trying to create.

The rule changes take effect immediately for all newly listed items (items existing prior to today are not affected). As always, you can visit our rules page to see the entire list of what is and isn’t allowed.

Thank you all for your support and patience as we continually work to make Listia the best that it can be!

Pinpoint the Exact Ending Price of Any Auction Before it Ends

We have some exciting news to share about a new breakthrough technology we have developed!

Check out our latest press release and discuss below:

Listia Develops Technology to Predict the Ending Price of Auctions 


MOUNTAIN VIEW, CA /PRNewswire/ — Listia Inc., the world’s largest online trading marketplace, today announced that it has developed a new algorithm that accurately predicts the future ending price of any online auction.

As the fastest-growing trading marketplace on mobile and web, Listia has become the go-to resource for users who want to trade-in unwanted items for spendable credits. Credits can then be applied to any item posted on Listia, allowing users to acquire items they actually need and want, from the latest gadgets to jewelry, gaming systems to baby clothes.

“Our users were tired of trying to win Listia auctions without knowing what the ending price would be, so we worked hard over the last year to develop the world’s first future-price-prediction engine,” said Gee Chuang, CEO of Listia. “The average home in America is riddled with over $7,000 in unused stuff, so we’re thrilled to help people leverage that value to get things they actually want. Now, instead of ‘sniping’ at the last second, our new feature will allow people to simply ‘know’ how much to bid without having to compete with anyone.”

The feature will be rolled out slowly to a group of beta users as a Listia Perk over the next 48 months and is expected to be fully available on April 1, 2034. Users can activate the feature for a small fee.

About Listia

Listia is a trading marketplace that helps anyone turn their unwanted clutter into things they want and need, all for free. Founded in 2009, Listia is headquartered in the heart of Mountain View, CA and is backed by General Catalyst, Andreessen Horowitz, SV Angel, Y Combinator and others. For more information, visit Download Listia’s mobile app for both iPhone and Android devices.


Edit (4/2/14): Hope everyone enjoyed our April Fool’s joke :) Thanks from all of us at Listia!


New Badge Display

Happy 2014! One of the first new features of the year is our new badge view that we released this afternoon! Here’s a little summary of the details and reasoning behind it.

  • You can now click on your badges and a popup will open displaying the details of the badge
  • There are badges that have tiers/levels and badges that don’t. If a badge has multiple levels you will see an icon in the actual badge. In the popup you’ll also be able to see what levels you’ve reached and what criteria it took to get there. Click the “See All” link to see more details.
  • One downside is that the count of number of badges you have has probably gone down for most of you. This is a new way that we are counting badges where we no longer are counting each level as an individual badge. The main reason for this is because we’re making room for more badges.
  • Bigger badge images!
  • Oh and did I mention… more badges soon!!!


This is where you may see a slight difference. We no longer include the number of times you have leveled up for each badge.



Click the “See All” link to see how many times you’ve leveled up with a specific badge



If a higher level is available you’ll see what it is and the criteria to get there. Cool huh?


We are still taking a close look at a couple odd things during this change (including a few reports of missing badges). We’re on top of it and any issue with this should be resolved soon!


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