Original Message:
Re: Our Timeshare and Divorce: How do you Value this "asset" ? (by Beck):
I agree with JayJay in that easily identifiable values for timeshares can be viewed on eBay by tracking auctions until they complete, or to a limited extent viewing the completed auction lists. A lot of times the completed lists do not show all completed auctions, and when they do they are only listed for about 1-2 weeks after the close of the auction in the "Completed" listing, even though you can view a specific auction for about 2 months after it closes.
FMV will be difficult to determine. On the one hand I have seen Westin KORV/KORVN 2BR OV Biennial go for $3k-$8k and one Annual OV for $10k on eBay recently but the low end probably wouldn't fly as FMV. There's not much in the way of verifying what the FSBO and Realtor listings fetch because there does not appear to be any records of the final prices. Even looking at deed records is not reliable because the counties do not enforce actual sale price recordings on the deeds. People understate the sale price on the deeds to keep the recording cost to a minimum.
Anyway, I recommend proposing the average price of any eBay auction found over a 1-3 month period
You might be able to find more completed austions by Googling: Westin Kaanapali site:ebay.com "Westin Kaanapali" site:offer.ebay.com But IMHO the only way to collect a good volume of historical auction prices on eBay is to set up a search for "Westin Kaanapali" in the Real Estate for Sale : Timeshares category, then add each auciton to your watch list, and then once the auction ends, document the final prices. I don't recommend including "Biennial" in the search criterion. Some aucitons say biennial, others bi-odd or bieven, or even misspel biennial or use biannual incorrectly.