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Original Message:
Re: TimeShare by Owners (by Beck):
mike1536 wrote:Well I know of one timeshare site that collects a 19% fee, commission, etc, AFTER the transaction.
I guess we are getting a bit confused, myself included. The 19% fee VacationTimeshareRentals offers is only for rentals, not sales. In order to accomplish this, they have strict policies that all communication between renter and owner be performed thru their website and the two people never share phone or e-mail information. VTR processes the payment between parties as well.
This example supports what I said that it is possible for a non licensed agent to accept a commission on a rental, but still does not conflict what I said that the non-licensed agent can't accept a commission on a sale.
A difference betweer VTR and TimeshareVacationNow is that VTR still leaves all communication and work between owner and prospective renters while monitoring the messaging or possibly blocking messages which contain phone numbers or e-mail information. TVN manages all the communication from the renters and when a renter has committed and paid, then the owner is contacted and paid. TVN charges $50 or more up front, then 20% upon the rental so it costs more. But TVN handles all the work with the prospective customers, in effect providing more service than VTR since the owner never has to deal with the time consuming customer inquiries. VTR however has a superior website. I believe though, that VTR only advertises on its own site while TVN cross advertises on other sites.