Still confused......

Dear friends,

I have tried to read through posts to understand how I should go about selling my timeshare. Looks like this whole website timeshare trading business is beginning to give me the creeps. I would truly appreciate if anyone could please advise on a stepwise approach to selling my timeshare. As I understand, I have to pay a fee for a membership here ($10), then pay $50 for posting a sale, and another $10 for a redwish. Do I really need to go through all this spending?? Also, what would be the next steps after I get a buyer?

P.S.: I own 1 week at Club Lacosta in malaga, Spain. It is a beautiful resort on the beach.

I would truly appreciate any help. Thanks.

vishnuo Dear friends,

I have tried to read through posts to understand how I should go about selling my timeshare. Looks like this whole website timeshare trading business is beginning to give me the creeps.

[PHIL12] You are totally right about reading these sites and getting the creeps! If I was new to timesharing and read these sites and hear about so many scammers I doubt I would have bought timeshare!

First if you would like to use Craigslist you will get your feet wet and learn more about what you are doing and it is free! Best part you can have all e-mails go to Craigslist and decide who you want to deal with!

On Redweek you would have to become a member then pay the fee to have your ad sit with many others for other people to look at and then if interested would have to pay Redweek member fee to talk to you!(Not a good one)

After all this you still have small chance to sell if it is good price and resort and week! Remember there are no promises it will sell off of Redweek!

We renewed this year and paid ad for renting plus extra to high light our ad and had zero interest in our timeshare. We just pulled it for Memorial week which is sold out at the resort and we are going to use it. This same thing happened to another member this month and he also pulled his timeshare and had the resort rent it.

Just because you pay to have ad does not mean you will find buyers! Check with your resort first and see if they have resales dept and even though you might get less money you will have it sold without all the problems that goes with selling. You might also make more money this way! You also might still be sitting here in five years with your condo by trying to sell it yourself!

Remember the number one statement on all these sites is "DO NOT USE COMPANIES WITH UP FRONT FEE'S" You will just lose money and more time in most cases!

vishnuo, $60 is a small price to pay to list your timeshare on a website that gets as many shoppers a day as Redweek (thousands). Redweek is one of the most popular listing sites on the internet as has been evidenced on other timeshare forum sites.

What you have to do is list your Spain timeshare at a price that will attract the market (buyer). I know absolutely zero about Spain timeshares, but when selling any timeshare and coming up with a price, it's all about supply and demand.

If you list your timeshare here and get no responses in a few weeks then I would suggest you lower your price until you start getting some interest (emails).

Once you do sell your timeshare, I would use a reputable closing company such as www.timesharetransfer.com or Redweek's American Title to handle all the paperwork and escrow (holding funds until the transaction is complete).

Good luck !

P.S. Upfront fee timeshare resale companies will charge you a fee in the hundreds to list your timeshare in their computer database. They don't have to work to sell your timeshare since they already have your money.

jayjay wrote:

vishnuo, $60 is a small price to pay to list your timeshare on a website that gets as many shoppers a day as Redweek (thousands). Redweek is one of the most popular listing sites on the internet as has been evidenced on other timeshare forum sites.

What you have to do is list your Spain timeshare at a price that will attract the market (buyer). I know absolutely zero about Spain timeshares, but when selling any timeshare and coming up with a price, it's all about supply and demand.

If you list your timeshare here and get no responses in a few weeks then I would suggest you lower your price until you start getting some interest (emails).

Once you do sell your timeshare, I would use a reputable closing company such as www.timesharetransfer.com or Redweek's American Title to handle all the paperwork and escrow (holding funds until the transaction is complete).

Good luck !

The only difference between and the "up front companies is the amount they charge., essentailly REDWEEK is an upfront company which not only charges the lister but also assesses the potental customer as well. If you consider you need at least 10 lookers to buy they are getting $600.00, about what the "upfront companies charge".

ebram has opined, with incomplete sentences and some truly twisted logic ......

>> The only difference between and the "up front companies is the amount they charge., essentailly REDWEEK is an upfront company which not only charges the lister but also assesses the potental customer as well. If you consider you need at least 10 lookers to buy they are getting $600.00, about what the "upfront companies charge". <<

Utter nonsense. An "upfront fee" company charges one person $600+ for an ad on an obscure web site which no one will ever likely visit to see that ad.

Redweek, on the other hand, charges one person a $50 fee to advertise in a venue viewed by thousands. I'm sorry, but there is absolutely no valid comparison between Redweek and an "upfront fee" company.

What are you smoking anyhow ??? I suggest you cut back.....

ken1193 wrote:

ebram has opined, with incomplete sentences and some truly twisted logic ......

>> The only difference between and the "up front companies is the amount they charge., essentailly REDWEEK is an upfront company which not only charges the lister but also assesses the potental customer as well. If you consider you need at least 10 lookers to buy they are getting $600.00, about what the "upfront companies charge". <<

Utter nonsense. An "upfront fee" company charges one person $600+ for an ad on an obscure web site which no one will ever likely visit to see that ad.

Redweek, on the other hand, charges one person a $50 fee to advertise in a venue viewed by thousands. I'm sorry, but there is absolutely no valid comparison between Redweek and an "upfront fee" company.

What are you smoking anyhow ??? I suggest you cut back.....

Ken: Which of my sentences are incomplete?(My spelling might have a problem, I admit) The "upfront companies" advertise their sights more than Redweek and I have perused them many times. Redweek has the same high priced ads, which means the listed items probably won't sell. Redweek collects less from the seller because it assesses the potential buyer as well. This means the "upfront companies" have more people looking at the ads. P.S. Don't forget to take your medication>

ebram, I totally agree with Ken. There's no comparison between 'upfront fee resale companies' (that charge in the hundreds of dollars to put a timeshare in their data base and do nothing else to sell it) and Redweek.

Redweek is an internet timeshare listing site that charges a minimal fee, they are not an upfront fee resale company in any shape, form or fashion. To pay $60 for membership and to list your timeshare here, that thousands of people peruse everyday, is peanuts compared to upfront fee resale company charges.

ebram wrote:

Which of my sentences are incomplete?(My spelling might have a problem, I admit) The "upfront companies" advertise their sights more than Redweek and I have perused them many times. Redweek has the same high priced ads, which means the listed items probably won't sell. Redweek collects less from the seller because it assesses the potential buyer as well. This means the "upfront companies" have more people looking at the ads. P.S. Don't forget to take your medication>

You also have to remember that you are the seller of your own timeshare on Redweek, no one else is involved. You write your own ad listing all the amenities and price it at what you think it's worth by researching all the listing sites and Ebay (although many weeks are priced far too high by owners even on those sites).

Upfront fee resale companies tell you your week is worth some extraordinary amount then they take your money and add your week to their database that no one will probably ever see, and if they did see it the company has quoted such an unrealistic price that would turn off any prospective buyer.

With Redweek, you can edit your ad as many times as you wish and lower your price as many times as you wish if you have had no interest (emails). In other words, you are in total control of your ad.

ebram The "upfront companies" advertise their sights more than Redweek and I have perused them many times. Redweek has the same high priced ads, which means the listed items probably won't sell. Redweek collects less from the seller because it assesses the potential buyer as well. This means the "upfront companies" have more people looking at the ads.

[PHILL12] First statement tells it all! These up front companies do advertise THEIR SITE more than companies like Redweek and this is the first red flag people should see before losing their money and time!

These companies advertise their company not your timeshare. You might get listing in one of their books for walkins to see along with thousands of others! You might have your unit buried in with thousands of others and probably 100's of your own timeshare!

I do agree that paying Redweek,Tug,and other sites probably a waste of your money and time for most people but if you want to sell you need to have way for people to see what your selling!

It still comes down to price, resort, location,location and location!

These companies sell you space on their sites or a news paper classified sections for you to run your ad. You make up your own ad so it says what ever you want.

Now you hope someone reads your ad and wants to buy your unit!

"The "upfront companies" advertise their sights more than Redweek and I have perused them many times. Redweek has the same high priced ads, which means the listed items probably won't sell."

I don't understand what you're trying to say.

Redweek has the same high priced ads, which means the listed items probably won't sell.

what?

I don't get it!!

I don't get it either vicki. The owners price their own weeks in their ads, Redweek has no involvement in that whatsoever. Please see my past post above concerning Redweek and owner ads.

vicki296 wrote:

"The "upfront companies" advertise their sights more than Redweek and I have perused them many times. Redweek has the same high priced ads, which means the listed items probably won't sell."

I don't understand what you're trying to say.

Redweek has the same high priced ads, which means the listed items probably won't sell.

what?

I don't get it!!

vishnuo wrote:

Dear friends,

I have tried to read through posts to understand how I should go about selling my timeshare. Looks like this whole website timeshare trading business is beginning to give me the creeps. I would truly appreciate if anyone could please advise on a stepwise approach to selling my timeshare. As I understand, I have to pay a fee for a membership here ($10), then pay $50 for posting a sale, and another $10 for a redwish. Do I really need to go through all this spending?? Also, what would be the next steps after I get a buyer?

P.S.: I own 1 week at Club Lacosta in malaga, Spain. It is a beautiful resort on the beach.

I would truly appreciate any help. Thanks.

I really no nothing about timeshares in Spain but you might try listed for free on Craigslist!

I have no idea what part of the country your resort is close too.

Here are four locations in Spain that you could list or list in all four!

Craigslist has listings in-Barcelona, Madrid, Sevilla and Valencia. You can also have all e-mail go through Craigslist and decide who you would like to deal with!

You can also list some pictures on your add and edit when you feel you need to change something!

I sold our daughters car this way last year when we gave her a new car when she finished high school!

You need to renew and its also free, some towns you renew after 45 days others its 15 days!

GOOD LUCK! PHIL

I would put a free classified ad on www.timesharetalk.co.uk , where they more likely have an interest in your property. If that doesn't work, you can refine your advertising and later pay for a listing on Redweek. This can be a long process, so don't get discouraged quickly, and perhaps the most important aspect is finding the "right" price for your property.