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Re: Maintenance Fees (by Eric B.):

jeffr92 wrote:

Jay Jay says the answer is to get rid of them and just rent. That will work until every one gives them up and then there is no one to rent from. And then we have the gall to say they are charging us too much to rent for a week. Give me a break!

Stop and think before you type to hear yourself typing. Now maybe we'll give the developers a break thisweek and trash the exchange companies. Next week we'll change up again and talk trash on Redweek.

Are you that perfect? I think not!

Jeff

So obviously you represent a resort.

1. If you sell your timeshare to someone that means someone else has BOUGHT the timeshare! so the Maint. fees will be paid regardless. So there will never be a shortage of rentals EVER!

2. Most resorts sell 50 of the 52 weeks available on each room. (they factor 2 weeks in down time and maintenance) So say a resort has 100 units. Say the resort charges $10,000 for each week (i'm sure thats a low number). Just for the purchase they recovered $500,000 per unit. Now multiply that by 100 & thats $50 Million dollars!

Lets do some more math. lets say on the low side the maint. fees are $500 a year. Multiply the 500 X 50 = 25,000 (thats how much they make per unit per year) now multiply the 25,000 X 100 (total units in building) you get $2.5 million!

Resorts are in business to make money, and annual Maintenance fee's are the biggest money maker!