Is this a good trade?

It depends on if you want a website and logo design. It also depends on how good he is.

Yes, if his services are worth $1,000. It is entirely possible.

Find out how much the graphic designer usually charges and then make sure you know exactly what kinds of things he is capable of doing (changing the website, creating a log etc.) Then make sure you look at a sample of his design work to see if it is something that you like and is of high quality. If everything is ok, then I would say yes.

If he’s good, yes…