Questions on selling a week at Harborside Resort Paradise Island

I have been reading the forums for a while and I have a question.

I have a week at Harborside that I am looking to sell and it seems Redweek is a good place to start. I have stayed friendly with the salesman that sold me the unit in 2001 and he actually also recommended Redweek as Harborside does not handle resales.

I have a few question.

1) Is closing/escrow more complicated/expensive when selling a TS that is outside the US 2) I see there are quite a few postings on Redweek for rentals/sales for Harborside, and was wondering what the likelyhood of getting leads with so much competition

Thanks for any assistance Dave

davidh729 asks, in pertinent part: >>1) Is closing/escrow more complicated/expensive when selling a TS that is outside the US<<

Not necessarily, although it usually takes longer. Just make very sure that the closing company (usually selected and paid by the buyer, although that's a negotiable point) is a company which is well experienced with conducting closings in the specific geographic location of your particular timeshare. No one wants any closing company "learning the ropes" on your time (...or on your dime).

Re: >> 2) I see there are quite a few postings on Redweek for rentals/sales for Harborside, and was wondering what the likelyhood of getting leads with so much competition <<

Obviously, with abundant availability, yours must be the lowest price among all those listed to generate any interest. With multiple offerings available (assuming comparable unit size, week, etc.) buyers will virtually always pursue the least expensive option. Don't ever forget that indisputable fact when pricing your week. If yours is not the lowest price listed, the inquiries will simply go to the one that is... Finally, I recommend that you don't get tunnel vision and rely soley upon a RedWeek ad for results. You should also consider placing a (free) auction listing on Bidshares, identifying a reserve (i.e., minimum) selling figure. If your reserve is not met in the bidding, then you don't have to sell. The effort will cost you absolutely NOTHING, and you can renew / repeat it (for free) as often as you like. Also, consider advertising on MyResortNetwork (not free -- ad costs there are roughly comparable to RedWeek ad costs). Also, If you join Timeshare Users Group (a $15 investment) you can place a free ad in their classifieds section. While you may very well have no interest in the TUG membership itself, think of it as an avenue by which to advertise your timeshare for up to a year by having spent just $15. There is always eBay, of course, but there are curently about 2,000 other timeshares listed there right now. With that glut of listings, many of them nearly worthless, it's hard to "stand out", even with a high quality listing.

Good luck. You have your work cut out for you, since astronomical airfare costs have significantly hurt the desirabilty and market value of timeshares located outside of the continental U.S. Even a low price for a purchase is seriously mitigated by the current high cost of air travel, but I'm sure you know that already...

davidh729 wrote:

I have a few question.

2) I see there are quite a few postings on Redweek for rentals/sales for Harborside, and was wondering what the likelyhood of getting leads with so much competition. Thanks for any assistance Dave

If you want to sell quickly then price your week below what others are asking. It's a buyer's market, not a seller's market in this economy. Good luck.