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Original Message:

Re: Successful Resales & Rental Feedback Wanted (by Beck):

That's a great idea, but I'm wary of people calling to rent 2, 3, 4 of my 7 nights. What's to prevent them from using the entire week? I figure it's just another way a renter is working to get the price lower "I'm only using 4 nights so I should only pay for 4 nights". My response is, :if you're only using 4 nights, rent direct" or "this unit is only available for 7 nights, if you want to pay more to rent 4 nights direct vs my 7, go ahead".

I know a number of resorts are renting pretty low these days but the Marriott Newport Coast is a classic example. Direct rentals are $400-$650/night and I list weeks for $1,500-$2,500. Even now. Similar for Kaanapali Beach Club. I do my best to avoid listing units where they can be rented direct for the same or lower amounts. And yet bottom feeders still work me to get a better deal. The solution is to remove my advertising from sites where people wring every last blood cent from me and focus on areas/methods where my reasonable market rate units result in rentals.

I feel bad for the owner of that Memorial Week unit. They made a poor choice since most renters will want to be home when the weekend is over so they took a risk and look at the results. A renter used their week for less than maintenance. We should find a was to get owners together to function as a single corporate entity with pricing strength rather than thousands of individuals working against ewach other. If everyone were able to hold to the same price, renters would still get a great price in relation to direct rentals (in most cases) and owners would not incur losses like we are.