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

phill12 wrote:

I wouldn't think many people bought a unit just to rent and now renting seems to be the new game in timesharing and it is hurting trading companies

As Jay Jay has stated many times, things have changed in the timeshare industry. People are changing the way they purchase and exchange timeshares but in all of this, the GORILLAS are not harmed. At least no more than a bunch of flies can hurt you. They hold most of the cards and if one way of doing things is not productive, they adjust and do things a different way. The same thing is true with the developers. Perks can be awfully strong incentives to purchase through them. Some of those perks can overcome the difference between retail and resale in the long haul. It depends if you use the system or work against it.

As people work against the gorillas general practices, the gorilla simply changes the rules to first of all satisfy the productivity (money) and then to reward those who play according to the new rules. No real problem for them.

Jay Jay wrote:

When we owned several weeks all of those weeks were off-season (we don't care to travel in hot weather and with the crowds that do so). We never had any problem getting any trade we wanted with either RCI or II, however on trades that we knew would be hard to get (re: southern Calif., Sedona, Las Vegas) we deposited a year in advance and searched every day. I think you have to use this method now more than ever with people planning vacations in popular destinations and at popular resorts a year or more in advance.

Take note he is playing according to the rules. This does seem to still work to an extent. I am not a big exchanger but the times that I do, I seem to have been able to get not only gold crown resorts but the very ones I wanted. I just did what Jay Jay has suggested and it works for me.

Something else no one has addressed in the past couple years. Storms damaged many resorts and some of them are still not open yet. Where do you suppose all those people went? I figure they are putting a load on the rest of the resorts so availability is going to suffer some. Hopefully we will see things balance back out with time.

Finally, I rent out a couple of timeshares a year starting this year because I did buy more than I can use so that I could reach a certain level and take advantage of those perks I was speaking of.

I don't like the way the rules seem to change constantly, but I am trying to work according to the gorilla guidelines to make it all work together. See, I figure I will be more successful in the long run if I do so instead of fight to bring change and complain when it doesn't go my way. I just keep learning the new rules and act according to them.

Patience is also key. For instance I don't like the new offer Redweek is offering with people who want to exchange week for week. I think it is counter productive to me using the old rules of paying for membership and then paying for the listings. People are going to slow down going to the pages that list my resorts and when they get there, they are going to be thinking exchange instead of rent. All I can do is have patience that things will eventually work out. I just listed my weeks right before the offer (oh well).

Jeff