CyFLe Aberystwyth LETS - Information Page

Trading Tips

LETS is here to help put people together, to help match skills with needs. As an organisation we cannot take responsibility for the cost and quality of any trade that members make. However, if you do have a problem, and need help sorting it out, contact a member of the Core Group. But if you follow the points below, problems are unlikely.

As with Yellow Pages, an entry in the directory is no guarantee of quality. It is your responsibility to make sure that the person you are trading with is up to the job. Most members are competent at what they offer, but few are professional, so check with them first.

Please take the time to ask about people's qualifications and experience, especially in work involving children, medicine and health care, plumbing, transport, electrical and roof work etc. Also we strongly advise you to check that relevant insurance cover is in operation.

When you contact another member to make a trade, make absolutely sure that you both are clear about what you are trading, and for how much.

Make sure that you know if there is a portion to pay in sterling, and what costs there may be for travel, materials etc. (Sterling-only entries are not acceptable in the Directory.)

For guidance a Rheidol is roughly equivalent to £1, and we suggest an average rate of 6 Rheidol per hour for work done. Remember all transactions are negotiable. Final agreement is between the members concerned.

Details of members' Rheidol accounts are freely available to all members. The LETS Accountant can tell you any member's balance. The LETS Accountant can also tell you who any member has traded with recently, should you wish to follow this up by getting a recommendation from a third party before trading.

Please respect and treat other members as you would wish to be respected and treated yourself.

If someone contacts you requesting your services, be honest - if you can't do it, say so. If you haven't got the time, don't trade until you have. If you make arrangements with someone, please keep to them, or tell them that you can't in good time.

If you offer what you enjoy doing, trading will be easier and more fun, so only advertise in the directory what you are willing and able to offer.

If you move away or decide to leave the group for any reason, you should first clear any Rheidol commitment you may have.

The Directory Editor can assist with this, perhaps by "flagging" your Directory entries to indicate that you're anxious to trade.

Please contact one of the Core Group if there are any issues you are unsure of.