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Re: renting timeshares (by John B.):

We use a two page rental agreement that the occupant and we sign. We require a 50% non-refundable deposit up front when the agreement is signed and the week is taken off the market. The 50% balance is due 90 days before occupancy.

Payment is through PayPal, personal check or wire transfer. If the occupant is hesitant, we allow them to make the initial deposit check payable to Marriott. We use it to cover our next maintenance fee bill. When the balance is paid, we put their names on the reservation and forward the confirmation (with their name on it) from Marriott to them.

So far, never a problem with renters. They know if they don't make the second payment, they are forfeiting their deposit. A few times we have worked with renters to change dates but rarely.

We have dozens of timeshare weeks and we rent them regularly. We also rent from others. We find that using Redweek to rent out our weeks and to rent weeks from others to be much more efficient than using the exchange companies. We get exactly what we want, when we want. Because we can travel on a moments notice, we often get great last minutes deals.