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Todays' timeshare market... (by John D.):
ken1193 wrote:johnd1052 states: >> In todays' market, nobody has really been able to sell their units.<< ==================================================With due respect, I beg to differ. I have personally sold (i.e., closed on) TWO separate timeshare weeks (on my own, with my own ads) at two separate, unrelated resorts within just the past 60 days. I also sold a third week at a third resort (again, entirely on my own) about 6 weeks before that (I've been paring down my timeshare inventory in 2008, an exercise now successfully completed). I'm not claiming that I made money (all were resale priced purchases to begin with), but I figure that I certainly "broke even". Considering the use and enjoyment I derived from those weeks over the years of my ownership, enjoyment which certainly has an intrinsic value all its own, I feel that I more than "broke even"...
I stand by my previous input that "marketability" depends solely upon what is being sold. Weeks that are genuinely in demand will rarely (if ever) be seen among "giveaway price" eBay listings (I've never actually bought OR sold ANY timeshares on eBay, myself). Most (...not all, but certainly most) listings on eBay are low demand, low value "albatross" weeks. In my opinion, eBay is really only a credible and realistic measure of the lowest prices currently being commanded for the lowest value weeks --- no more and no less (although that is admittedly good information to know for any prospective seller). The "better" weeks rarely use (or ever really need) eBay as a selling vehicle....
Thats good that you were able to sell yours, most people I have spoken with are sort of stuck and have not been able to sell them, including myself, though I did not use redweek as it does not allow potencial buyers to contact the sellers if they are not paying members.
It was my personal feeling that if I paid to be a member and paid to list my unit, I would want as many replies as possible. I was afraid not many would pay to become a member and contact me, so I chose other avenues with no luck. I paid hundreds to advertise and list my unit at Silver Seas week 26 wth no takers.
I know not a good resort, but there are alot of others with units in not to favorable areas or units that are not in prime season.
How or where does one go to get rid of a unit at one of these places or in an off season.