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Original Message:
Selling a Timeshare (by Elizabeth H.):
I agree with everything you say. I just don't know how to sell with Ebay or Craigslist past the listing point. How do you "vet" the potential buyer, if there is one? Also, if I want to rent my TS week to cover some of the maintenance fee, how do I do that with a floating week?
tracey75 wrote:Buyatimeshare.com is an advertising site with a high upfront fee. Are they a scam? They do actually advertise your timeshare. Do they give you accurate pricing information when helping you decide to advertise with them? I doubt it although they will blame their customers when called on it. I own at a resort that has more than 20 for sale listings with them. The average price listed is about $12,000 with some listed as high as $23,000. You can regularly buy the best weeks on Ebay for $1 if you pay closing. The worst weeks will be free with no closing costs and a year's use included free. The most I could imagine it selling for on Redweek would be $2000 for the best season/size unit. None of the sub $5000 listed are the best. I don't think any of the listing will ever sell at the prices listed.I don't think you will get any more for advertising with them then you would with Redweek and the fee will be a lot less. It doesn't mean that it will sell on redweek. There are a lot of TS worth $1 or even less, meaning that MF's are more than what you could easily rent them for. I own a week with a mf of $400 which is pretty decent. It is in a seasonal location. In the summer they rent for $800-$2000. Most winter weeks sit empty although you could rent it off RCI for less than $200 for the week. There just is no demand for off season weeks at that location.