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Original Message:
Successful Resales & Rental Feedback Wanted (by R P.):
josephf70 wrote:I HAVE BEEN TRYING TO RENT OR SELL MY TIMESHARE IN ARUBA (studio) COULD YOU ADVISE ME WHAT STEPS I NEED TO DO TO SELL MY TIMESHARE. I HAVE BEEN BOMBARDED BY COMPANIES WHO WANT $800 to $1000 to sell my timeshare but WILL NOT PAY TO SELL.
You are wise to ignore the upfront fee resale scam companies that bombard you with cold calls.
Aruba was a very popular island for tourists in the past, however with the current recession, airline tickets skyrocketing, the hassle of standing in line going through security etc. I could almost assure you Aruba is not as popular now as in past years (not just Aruba ... any destination that one has to fly to such as Hawaii).
The fact that you own a studio (small) is also a deterrent, so what you need to do is list your timeshare week on listing sites such as Redweek (there are other sites as well) on the internet at minimal cost to you.
You should look at comparable weeks and unit size at the same resort you own and post your week below the lowest price (you have to remember that what a seller is asking for a timeshare is NOT what they will get, 9 times out of 10 .... many people ask developer prices or they think their week is worth a lot more than it is). Many timeshare weeks can't even be given away for free (ie: supply and demand).
If you don't get inquiries to you ad in a month or six weeks, then keep lowering the price.