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Re: Selling Time Shares (by Phil L.):
debs3 wrote:I just want to walk away from my timeshares in Sint Maarten now, but can't! LOL But, I really feel I have gotten great value of 15 years of month-long vacations, and sometimes trades. Was worth the money spent, and a real savings from hotels. I did have a great rental of my weeks through Redweek last year, and a low offer to buy that I wish I had taken (but was still in some confusing negotiations with my ex). I think Redweek is a great resource, so I am hoping!
Deb, sounds like you might have a great location to try something I post few times on here!
If you have no offers try renting it with option to buy and see what happens.
Write your ad to rent and if you decide to buy within two weeks of your vacation I will deduct all or part of your rental fee.
You and renter would have this written in the rental contract. We sold our first Mexico timeshare this way.
If they like your resort and then go to the resort presentation and hear their pricing they will be calling you to buy!
Many families that could deduct what they spent to rent toward buying is hard to refuse.
If you get a few offers to rent just ask if they are thinking of buying and explain what your willing to do for them.
Try and rent for enough money that if they don't buy you still make some money.Also the larger amount they pay the more likely they would buy if this is something they decided to do while on vacation.
Down side to this is you can only do it once a year so pick your renter(possible buyer) carefully if you have choices.
Told one of our friends about this and they sold their timeshare the first year they rented it!