Did you get an unwanted gift card for Christmas?

Many of us received gift cards for Christmas. There are now websites that allow you to sell these gift cards. For example, if you received a gift card that you can't or won't use, you can go to one of these websites and they'll buy it from you. It appears to be a win-win. You get cash, which you'll use, and they get a gift card for less than the face value. That's the catch. Well it's not really a catch. They buy the gift cards for slightly less than face value. Then they turn around and sell them for face value. But everyone seems to win. This is good for the buyer, the seller and the company that puts the parties together. Let me know if you have any questions or comments.

Happy New Year!

Jacob Baklund, Realtor