I can vouch for Eli at milesbuyer dot com. I just completed transfer of a significant amount of MR points for the best price quoted to me by two others. Quick and easy transaction. He paypal'd me the sale amount before I transferred the points.
They're selling award tickets to a third-party for cash and making the spread, ie. buy 100k miles from you for $1400, then sell a biz class ticket to Europe to someone else for $3500, when a revenue fare costs $5000. Needless to say, this deprives the airlines of revenue and they won't be happy if you get caught.
So, guys who have sold points recently, what programs are the brokers having you send them too?
fatwallet9281 said: Beyond friends, is there a site or way to find sellers? I know of a site to find people interested in trading points and miles, but anything that involves selling will be shut down very quickly.
For selling, I like the folks at Speeroo.com. Got 1.5 cent per Point. The site is bare bones but just click on the Contact Us link at the bottom and they respond quickly.
Now, I am looking for a site where I can buy Points. supersnoop00, what is the site for trading points? I came across one but the conversion rates were dismal. I hope you're not thinking of the same one.
I've checked current rates on several services including the guys discussed in this thread. The best offer I've been able to find (between Eli, Bruce, Speeroo, and a couple of other brokers) is 1.5 cpp through Speeroo. I've never dealt with them before and am a bit uneasy just because of their bare bones site and the delay between points transfer and payment (3-4 days per email from broker). Can anyone share their experiences with Speeroo?
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