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Re: How can I rent a timeshare? (by Mike N.):

jayjay wrote:

aliciap37 wrote:

First, I have read up to Page 6 and found all the information very helpful as a first-time owner/renter of timeshare.

We own at Long Wharf in Newport, RI. We just recently found out that we cannot use our timeshare for the week that we booked; therefore, we have considered the option of renting. As someone had mentioned, if we rented directly through the resort, the fee that the resorts takes is astronomical so its more economical for us to rent our timeshare week ourselves.

We have a deed to the property, confirmation number for the week reserved. I have to read through the instructions for posting the week; however, how does the advertising of the rental work? Do people come to this site only, or do you recommend advertising on another web site.

Also, I'm a little confused by the fees for this site. Do you pay the $9.99 to become a member and then an additional $85/year to post a rental?

From Frequently Asked Questions under HELP in upper right hand corner:

How much does it cost to post my timeshare?

Postings can be added to your resort's page at a cost of $19.99 for each 6-month rental posting, and $49.99 for each 12-month resale posting. An active membership is required in order to post and keep all postings active for their full duration. Memberships are available for just $9.99 for 6 months or $14.99 for 12 months.

=========== Alicia, have you checked with your resort to see if you can rebook your unit to different week?

To expand on Jayjay's response, RedWeek also has optional rental ad features which you can purchase (i.e bold or a city listing). There are not many Newport weeks listed on RedWeek, so I don’t think one of these extra options would give you much of an advantage. Competitive pricing will give you the edge.

I also recommend Vacation Timeshare Rentals (www.vacationtimesharerentals), which is free to join and has various payment options ranging from free to a 19% commission (is this where you found the $85 fee for one year?). Others that have been mentioned are bidshares, which is an auction website, myresortnetwork, and TUG. I have rented my unit through both RedWeek and Vacation Timeshare Rentals, but I do not have any personal experience with the others.

A word of WARNING that has been repeated many times. While, you will have to pay various sites like RedWeek or TUG to join and/or post an ad, DO NOT pay another company (like SellmyTimeshareNow.com) an upfront fee to have them to list your unit for rent or sale?

Also check the RedWishes here on the RedWeek site. TUG (www.tug2.net) and Vacation Timeshare Rentals also have Want Ads.

Which week do you own? If you have a high demand week, you should not have any trouble renting it, but if all else fails, make sure you deposit your week with one of the exchange companies or even with RedWeek to insure you do not lose the use of your week.

Good Luck Mike