When I was in my house showing my friend all of my pets, my friend said that you can "trade" pets......is this true? Or is it some kind of rip off like what everyone does about the whole "I'll give you a permanent mount if you give me a rare powerfull treasure card..." type of stuff.......
The trade of items between different account logins is not a part of the game and will not be added to Wizard101.
The only items that can be traded between two different account logins are non-enchanted Treasure Cards.
Items that you want to place in the Shared Bank can be moved between Wizards on the same account. If you can't use the item, sell it to the Bazaar, and if it is marked No Auction, you can sell it at the regular shopkeeps throughout the Spiral.
If you want the prize, you have to build the ladder rung by rung. There are no shortcuts.