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Original Message:
Re: Successful Resales & Rental Feedback Wanted (by Mary D.):
My feeling exactly, Marilyn! A timeshare is intended for the use of the owner and friends, so use it yourself for the most benefit. However, sometimes you just can't get away to do that and don't want to waste it, so trying to rent is an option. We own a lot of TS and finding the time can be a problem. Banking the week just puts off the time crunch till later! You can offer something for rent at what you think is reasonable compared to a hotel for the same space but still covers your maintenance fees plus something for your effort. If it does not rent by the time you must decide to use it or lose it, take it back to use or deposit for exchange. (The suspense can be awful!)
I rent out at least one week most years--sometimes intentionally and sometimes because of unexpected changes in plans. A big windfall is rare, but you should be able to do better than breaking even. Develop a good relationship with the renters you do get, and there is a chance they will contact you when they need something again. MD