Original Message:
Re: Cut my price on timeshare...what else to sell it? (by Kenneth K.):
Dr Ken Rich
Welcome back! Those CPAs are still waitng on the www.tugbbs.com site to answer how you respond to the tax plan you explained in the thread you posted on the tug site.
When you went to the TSForums site, you took a lot of time explaining your ideas:
http://www.timeshareforums.com/forums/timeshare-economics/49198-timeshare-donation-dirty-little-secrets-9.html Is the blog you providing the same info....that is the charity that wants $500 to start the process to 'get rid' of the T/S?
Our CPAs note that the IRS would not look favorible on the methods you present.
But maybe your CPA might be able to shed more light on the issue?
When the T/S owner gets called to the IRS to explain....does your charity come to help them?
kenr86 wrote:The question shouldn't be what you're willing to accept. It should be what you're willing to do to get the best price you can.Here's an idea I wrote in a lot more detail on my blog, http://donatetimeshare.blogspot.com/. You can go there for the details. You might find it interesting.
Consider this. If you decided to take just one more vacation at your resort and used that vacation to sell your timeshare to people coming in for the tour presentation, do you think you might be able to get a little better price? It's a lot easier than you think.
In a nutshell, prepare in advance. Take your week at your resort. Rent a car. Have permission from the police (not the resort) to park across the street with a "Timeshare for Sale $1,000 less than your best price" in the window or on top of the car. As people stop to ask what it's about, tell them to make the best deal they can, sign the contract if they are going to buy, bring it back to you and you'll sell yours for $1,000 less to them. They can buy from you and cancel their contract.
What can the resort do to you? Nothing! They can't even hassle you where your staying. That would be grounds for a good law suit. Be a little aggressive, a little bold, plan ahead, and you can easily make thousands of more dollars on your sale than the normal heavy discount, post and wish system too many people use.