A sale, trade and swap are not the same thing

A sale has a simple reference point: an item moves from one person to another in exchange for money.

A trade or swap introduces at least two values:

  • the value of your item;
  • the value of the other person’s item.

If the values are considered equivalent, the trade may happen with no money involved. If they differ, one party may add a cash adjustment.

Before discussing numbers, clarify what kind of transaction you are considering: equal swap, trade with cash adjustment, or a sale where another item forms part of the payment.