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

Redweek gets thousands of hits a day for people looking for sales and rentals. In the timeshare world the magic words are 'supply and demand'. If your rental week doesn't seem to be getting any inquiries, it could be the supply and demand issue. If your week is in a heavily supplied timeshare area such as Orlando (and the surrounding area) then you're looking at thousands upon thousands of rentals available on the internet alone. In that market you have to be competetive in order to rent. I don't know where your timeshare week is or what season it is, but the above is something to keep in mind concerning rentals.

And no, it's not terrible if owners are asking more than their maintenance fees for rentals, but if you really want to rent your week you may have to consider lowering the fee. And even then, if it's in a heavily supplied area, lowering the fee may not work especially for a studio. You would probably be better off to deposit it.

[anitad10] But, I don't think it's terrible if owners are asking more than their maintenance fees and making some profit. After all, they are the ones who originally spent the money to purchase the timeshares. Also, when you look at what the resorts and hotel chains are charging, even with owners making a small profit, it's still well below what people are paying for a night at a mediocre Holiday Inn room, etc. I agree that if there are owners who are willing to offer their units for next to nothing, the rest of us will not have any other recourse. And, you are correct in saying that ultimately, we are the ones taking on the liability of renting out our units. Even if we have renters sign paperwork with a credit card # attached, as suggested by another person, if they revoke on that, we are the ones have to shell out the time and money for an attorney to collect on it. Anyway, I have been very disappointed still regarding the process of trying to rent through Redweek. Why would I even want to rent out my studio unit for $750 for the week when I can trade it through II for a 3 bedroom Marriott unit. (And, my resort is renting out the same unit for the same week for $1245.00, including tax.) While we as owners have to be realistic about what we can get for rent, I feel that people renting from owners have to also be realistic about what they can pay for a week at a 5 star resort.