Post reply

Re: Tips on Renting Out Timeshare (by R P.):

Are you speaking of owners giving their weeks away for nothing or other sources? It is up to the owner what he/she wishes to rent their weeks for. Many owners merely want their maintenance fees in return. The problem with some owners thinking they can make huge profits from rentals is unrealistic (in 99% of cases) no matter what a timeshare salesperson may have told them at a presentation.

As far as the possibility of a renter trashing a unit, I would, as an owner, have the renter sign a written agreement, with their credit credit card number included, in case a trashing event occurs.

Renting a timeshare week means doing your due diligence just as you would before buying a timeshare week.

jeffr92 wrote:

Hi anitad10, I'm new to the website, but it seems that as time goes by it is going to get harder to rent out our weeks because of those who are giving their weeks away for nothing. I know there are those who are making a pretty good income at this and because of the volumn they are doing, they can put a better price than you can. A couple of people are responding to you that you should consider dropping your prices a bit. That's easy for them to say, but the first time some renters tear some unit up that you have offered, we know who has to pay for it. You are the owner and are taking a big risk to offer these fine condominiums to people who do not have a vested interest in them. I for one am not going to take that risk for a couple of lousy hundred bucks. If that is what redweek is coming to, let the high volumn dealers have it and just enjoy your timeshare.