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Entries in WhatsYourPrice.com (1)

Monday
Apr112011

Dating Website Lets Members Buy, Sell First Dates

Comstock/Thinkstock(NEW YORK) -- Maybe money can't buy you love but, if you name the right price, it can get you a first date.

At least that's how it works on WhatsYourPrice.com, where members who label themselves "generous" flash dollar signs to bid for the chance to take "attractive" members out on a date.

The buying and selling of beautiful singles may sound like prostitution, but the site's founder, Brandon Wade, insists that WhatsYourPrice is about paying for first dates, not paying for sex.

"If you look at the way charity events are held, you have these firemen and beautiful prom kings and queens [up for bid]," he said. "People are already doing this around the world, obviously for charity, but a similar concept would apply here."

But this site isn't just for people seeking so-called "mutually beneficial relationships" – Wade says it's for anyone looking for relationships.

For "attractive" singles, he said the site provides a more efficient way of reaching only the most serious, most desirable candidates. For "generous" singles, WhatsYourPrice.com says it guarantees they date only the people who meet their high standards.

Offers typically range from $20-$100 a date, although Wade said he knows one member who tried to offer $1,000 for a date. As the members go through the negotiation process, all they can see are each others' pictures and profiles, which include their net worth and income.

When two members agree on the price of a date, the site takes a small percentage of the cost and then "unlocks" the conversation between the two parties.

But what about the notion of true love? Doesn't paying for a date get a couple off to a superficial start? Not so, according to Wade. Paying for dating is simply more efficient, not more materialistic, he said.

Copyright 2011 ABC News Radio







ABC News Radio