Headache Caused by REDWEEK

Can anyone explain to me WHY REDWEEK calculates a "Nightly Rate" for ALL of OUR Adverts? We are offering a 'Discount Rate' for a WEEK LONG Vacation. ALL Hotels/Motels give a Special for "Extended Stays" ... I have had countless disputes from prospective renters who expect to be able to choose individual nights for only 1/7th of my weekly rate. All Resorts (that I know of) charge EXTRA for each 'cleanup'.

How can we get REDWEEK to STOP their arbitrary action? I at LEAST want to set MY own Rate for individual nights. Anyone agree?

donaldd67 wrote:

Can anyone explain to me WHY REDWEEK calculates a "Nightly Rate" for ALL of OUR Adverts? We are offering a 'Discount Rate' for a WEEK LONG Vacation. ALL Hotels/Motels give a Special for "Extended Stays" ... I have had countless disputes from prospective renters who expect to be able to choose individual nights for only 1/7th of my weekly rate. All Resorts (that I know of) charge EXTRA for each 'cleanup'.

How can we get REDWEEK to STOP their arbitrary action? I at LEAST want to set MY own Rate for individual nights. Anyone agree?

That being said, the addition of the nightly rate adds absolutely nothing to the listing. For example, there is one owner who is using one ad to list multiple weeks of rentals in one ad, so he/she indicates 35 nights for $850. This breaks down to around $24/night. Of course in this case neither $850 for 35 nights nor $24/night was correct. The ad states the $850 is the rent for one week (not all 5).

I've had people request a partial week and I usually repond with, "No problem, it costs $xxx.xx" (the weekly rate).

You can send an email to RedWeek support staff. They will promptly answer AND tell you that your suggestion will be passed along to the proper dept. Your suggestion will then be placed in the circular file along with other suggestions by RedWeek members.

donaldd67 asks in part: >> Can anyone explain to me WHY REDWEEK calculates a "Nightly Rate" for ALL of OUR Adverts?<<

The vast majority of timeshares on Planet Earth are owned and/or rented in increments of one week, usually Saturday to Saturday (occasionally Friday to Friday). The "nightly rate" automatically calculated by RedWeek for rental ads merely reflects 1/7 of the advertisers' weekly rental rate, thereby providing a point of comparison for a "shopper" to employ against other ads, here or elsewhere, or to compare figures with resort rental rates or nightly hotel or cottage rates. That automatic computation by RedWeek may be unnecessary (except to the truly "mathematics challenged"), but it is certainly not in any way harmful or objectionable. I don't see any problem or issue of any substance here, nor can I comprehend the basis for your apparent objection. ===============================================

Re: >> I have had countless disputes from prospective renters who expect to be able to choose individual nights for only 1/7th of my weekly rate.<<

Countless disputes??? C'mon now.... You may be hearing from people who have no idea how timeshare ownerships or rentals work. If hearing from clueless prospects looking for partial week rentals somehow upsets you, you might consider overtly and clearly stating within each one of your ads that you are offering "whole week rentals ONLY; no partial week rentals or any date changes are available". It would not cost you anything to make this clarification, and doing so might help alleviate some of your apparent angst with inquiring renters. Just a suggestion, to adopt or ignore as you may see fit...

donaldd67 wrote:

Can anyone explain to me WHY REDWEEK calculates a "Nightly Rate" for ALL of OUR Adverts? We are offering a 'Discount Rate' for a WEEK LONG Vacation. ALL Hotels/Motels give a Special for "Extended Stays" ... I have had countless disputes from prospective renters who expect to be able to choose individual nights for only 1/7th of my weekly rate. All Resorts (that I know of) charge EXTRA for each 'cleanup'.

How can we get REDWEEK to STOP their arbitrary action? I at LEAST want to set MY own Rate for individual nights. Anyone agree?

Actually, Redweek is not at fault as they don't set the rate for a weekly rental, the owner of the week does. Also, all rentals on Redweek are rented on a weekly basis, not on an individual night basis, thus if you plan to stay for one night or 7 nights from an ad on Redweek, the price is the same. This is all you have to explain to your prospective guests ... no nightly rentals.

First of all most owners that go through all this paying fee's to Redweek to list are not looking for one or two night stays, get a hotel room if that is what you want.

If I was to rent to someone for couple nights I then would be charged by my resort for mid week full cleaning. If then I rented another part of my week I again would be charged a full cleaning fee.

If I rent by the week there is no cleaning fee so the break down of 1/7 is way off!

There are people that are on on these sites like (tony84) who claims to own many units and will rent by night or week and this is stated in his ads. This is the type ads that people wanting couple nights should be contacting.

I love the people that try and rent around just the holiday like our Fourth of July week did. We had three people try for July 3-5th and then what to do with other four days,try and rent and pay cleaning fee's or use it. What a hassle for a small amount of money.

No thank you but we will use and enjoy the whole week!

If you want to go just for the holiday nights there are motels and hotels you can rent by the night.

A owner running a ad for a week at their resort shouldn't need to state by the week only because this is obvious.

phill12 states in part: >> A owner running a ad for a week at their resort shouldn't need to state by the week only because this is obvious.<< ================================================== Hi Phil: I'd like to agree, but to some people NOTHING is obvious!

I was not actually attempting to fan a 'firestorm'.. only get clarification on a 'Policy' of RedWeek that I had overlooked when I placed my FIRST adverts.. all were 'edited' without my catching on until after they were posted and I didn't know how to correct them (I still don't). Yes, there were people eager for a 'bargain' at MY expense and ignorance, claiming "False Advertising" and such crap. Mike, I am sadly amused at your assessment of our population's education... but Redweek is NOT helping. For sure, I SHALL be composing my adverts more carefully in the future. Thanx to all respondents.... CASE CLOSED!

donaldd67 wrote:

I was not actually attempting to fan a 'firestorm'.. only get clarification on a 'Policy' of RedWeek that I had overlooked when I placed my FIRST adverts.. all were 'edited' without my catching on until after they were posted and I didn't know how to correct them (I still don't). Yes, there were people eager for a 'bargain' at MY expense and ignorance, claiming "False Advertising" and such crap. Mike, I am sadly amused at your assessment of our population's education... but Redweek is NOT helping. For sure, I SHALL be composing my adverts more carefully in the future. Thanx to all respondents.... CASE CLOSED!

don, it's very easy to edit or delete one's ad on Redweek. All you have to do is go to the top of the page and click on 'your account'. There it shows all the ads you've placed and it includes the edit and delete function.

gosh, in looking at my Redweek account, I have 10 inactive ads. I sold all of my timeshares, so Redweek is doing something right :o)!

jayjay wrote:

gosh, in looking at my Redweek account, I have 10 inactive ads. I sold all of my timeshares, so Redweek is doing something right :o)!

jay jay, i am so happy for you on your timeshares being sold, i have not had one nibble for our timeshare resell, priced way low too. margaret

margareta53 wrote:

jayjay wrote:

gosh, in looking at my Redweek account, I have 10 inactive ads. I sold all of my timeshares, so Redweek is doing something right :o)!

jay jay, i am so happy for you on your timeshares being sold, i have not had one nibble for our timeshare resell, priced way low too. margaret

margaret, to be honest I sold all of our timeshares before the postcard companies hit the scene with $1.00 timeshares on Ebay. I probably couldn't give them away now .... I was fortunate that I got out when I did.

Jay Jay, Congratulations to you! There is also one listing on the resales that is showing SOLD. How does one find out how much this unit actually sold for?

What a lesson learned with all this.

reenec2

reenec2 wrote:

Jay Jay, Congratulations to you! There is also one listing on the resales that is showing SOLD. How does one find out how much this unit actually sold for?

What a lesson learned with all this.

reenec2

Hi Reene,

Since the transactions are strictly between the owners and buyers we don't have any way of knowing what the actual sale price was.

Thanks, Marty

jay jay, i am so happy for you on your timeshares being sold, i have not had one nibble for our timeshare resell, priced way low too. margaret

Hi Margaret,

Just wanted to check to make sure that you have looked at your messages on the RedWeek.com website. You received an inquiry back in May for your timeshare.

Thanks, Marty

marty8084 wrote:

reenec2 wrote:

Jay Jay, Congratulations to you! There is also one listing on the resales that is showing SOLD. How does one find out how much this unit actually sold for?

What a lesson learned with all this.

reenec2

Hi Reene,

Since the transactions are strictly between the owners and buyers we don't have any way of knowing what the actual sale price was.

Thanks, Marty

Hi Marty,

That's what I thought the answer was going to be. Is there any way to find out how much of a loss one will take on selling?

This is really crazy. Just when you think you can trust people, they really do a number on you. I will tell you this, Marriott salespeople are real good at what they do.

This is all so new. We just signed on with RedWeek and it's going to take me some time to get the swing of all this.

Thanks, Reenec2

reenec2 asks: >> Is there any way to find out how much of a loss one will take on selling?<< =================================================

With some effort, generally it is possible to determine approximate current market value. If you look at the various "timeshares for sale" listings on timeshare specific sites like RedWeek, MyResortNetwork, TUG, etc. you can look for the ASKING prices for weeks much like your own. This at least gives you a general price range and frame of reference. While some will be absurdly high, you can at least find out the highest and lowest ASKING prices that way.

Also, if you also look at "completed items" on timeshare sales on eBay, you can see actual, specific selling prices (although you may not find an exactly comparable week to your own). eBay prices generally tend to be the lowest possible price found anywhere for timeshares.

If you financed your purchase and still owe money on it, you should not realistically expect anyone to be too interested in taking on your personal debt. There are just far too many "free and clear" timeshare offerings around in the resale market for any buyer to want to bother to get involved with paying off someone elses' loans. If you purchased directly from the developer (i.e., not in the resale market), you may very well recoup no more than 25% of what was overpaid to the developer in the original purchase (although that percentage may be a bit higher for Marriott, HGVC and other such "high end" companies).

Although it may be difficult, you must accept the fact that no smart buyer cares one bit what YOU paid. The smart buyer already knows the approximate, current, resale market value of what he /she is considering purchasing, and that's the price range they are willing to pay. What a seller originally paid is of no interest or relevance whatsoever to an informed buyer, who is (understandably) really only concerned with the current market prices offered in the open resale marketplace. Good luck.

marty8084 wrote:

jay jay, i am so happy for you on your timeshares being sold, i have not had one nibble for our timeshare resell, priced way low too. margaret

Hi Margaret,

Just wanted to check to make sure that you have looked at your messages on the RedWeek.com website. You received an inquiry back in May for your timeshare.

Thanks, Marty

Hello Marty, in reference to our ad inquiry for May, we did rent it to a family. but so far have not had anyone to buy. thanks for asking, Margaret

reenec2 wrote:

That's what I thought the answer was going to be. Is there any way to find out how much of a loss one will take on selling?

I don't know that much about Marriotts except what I've read on the different timeshare forums, but the Marriott brand name is popular, considering the time slot owned and the location. Also, for many of their resorts they exercise ROFR (right of first refusal) if they think it's being sold too low by owners.

Quote:

This is all so new. We just signed on with RedWeek and it's going to take me some time to get the swing of all this.

If you just signed on with Redweek and placed your ad here recently, it will take some time .... you have to be patient. The way I sold all of our timeshares was to lower the price if I didn't receive any interest (emails) within 2-3 months.

Also, if you still owe a mortgage on your timeshare it will be almost impossible to sell.

There is an entire forum related to Marriott at www.tugbbs.com ...... you will get more answers there.