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Tips on Renting Out Timeshare (by Jeff R.):

You stated this is good site if your buying.renting but bad if your seller/renter. How can it be good for buyer and bad for sellers when most of the ads on here are just to high!

First off, Anita was talking about renting. A lot of people are renting thier timeshares for just the cost of the maintainence fees (taxes, asso.fees, etc.) Supposedly this is because of supply and demand. In my mind there is never an excuse where this is appropriate (unless one is in financial distress).

Timeshares are much like cars. You buy them for a purpose, not an investment. Some people buy new. Some used. IF I buy new and let someone use it for the cost of maintaining it, I may not have any expense that year, but theres coming a day when the car is worn out. Timeshares age too, there are only so many times a fresh coat of paint will fix things. Suddenly I have to pay a special assessment (money) or sell it at an extreme loss (money) and where is the extra compensation for that?

Those who are renting at the cost of maintainence are doing so short-sightedly.

The person who is looking for a vacation and expects to only pay MFees has no incentive to ever buy, why should they. They get the vacation they want without ever having to touch the initial cost of the place. At that rate, I would never buy. What, am I stupid?

There needs to be some type of extra compensation (profit) to keep checks and balances in order. I don't fault the consumer in this case, my problem is with the renter (seller in your case) They are the ones who ultimately decide prices because they don't have to let it go at that price. I know I'm not EVER going to!

Desperation on their part is the only reason I can come up with???????????

Jeff