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Original Message:
Re: Maintenance Fees (by Mary D.):
jayjay wrote:ronniw wrote:What is their incentive to advertise my rental if they are only getting a one time $600 fee.There is no incentive, they already have your money.
Quote:Why are their renting and sellling prices higher then what i see here? Obviously a teaser amount to get me interested.Exactly, you hit the nail on the head.
Quote:Life time fee .. whose life time are we talking? Someone please educate me. I vacation during off season and don't use all my points. I want to rent the remainder of my points which would edquate to 1 week (2 bedroom) if I banked it.You should be able to rent your points on Redweek if the price them realistically.
Yes, but please do us all a favor by NOT low balling. It drives down all the prices we can get if some folks dump their unit for less than their costs. Make sure you add up all fees, taxes, etc. and get at least a modest return for time and effort (not to mention your equity!)
Talking to an agent last year, I heard about her picking up a 3Bedroom Daytona Race Week at Fairfield Ocean Walk for a price that could hardly have covered maintenance fees. If the owner wasn't going to use it or, at least, rent it for a fair amount, he should not have reserved something which is in such high demand and is so hard to get--even for Ocean Walk owners. That was just a waste for all concerned (except the agent!) MD