Posting and Renting Your Timeshare
So, you want to rent your timeshare? We can help! Post your timeshare for rent on RedWeek.com, where your offer will be exposed to a community of more than 2.3 million owners and travelers. Here are some guidelines to help you with your timeshare rental, start-to-finish:
Include as much detail as possible about your timeshare unit, the surrounding location, and anything else you want a potential renter to know.
As your rental date approaches, and you haven't yet found a renter, try lowering your asking price. You may change your posting as much as you need to (except resort name changes, which require a new posting). You might also consider adding enhancements, such as posting verification or highlighting, which will draw more attention to your rental posting.
Remember, your renter may be hesitant to send you a check directly without posting verification, or other guarantees. Please understand their concerns and take steps to ensure a safe, secure transaction that protects you both.
Check with your resort
Each resort has different policies and procedures you should be aware of before trying to rent your timeshare. Take a few minutes to call your resort with a few quick questions to avoid any surprises along the way.
Questions to ask:
- Am I free to rent my timeshare however I please, or are there any restrictions?
- If I rent my timeshare myself, will you charge me any fees to make the transfer (i.e. commissions, guest certificate fees, transfer fees, etc.)?
- How do you recommend I go about transferring the use of my timeshare week into a guest's name? Will you send them a confirmation directly? Do I need to give you a certain amount of lead time?
- What weekly rate do you charge renters for the week and unit size that I own? (this will help you with step #2)
If you want to skip the rest of these steps, RedWeek offers owners a full-service rental option — just give us your reservation details and we will do the rest!
Rather do-it-yourself? First, review our posting dos and don'ts. Then find your resort's page. Take a look at other comparable timeshare rentals to help guide your own pricing. Just click "Rent Your Unit" button from the box near the top right of the page to get started with your offer. At the end of the posting process, you'll be asked to make your payment, and then voila! Your rental posting is ready to go.
With RedWeek's DIY posting, you control the entire process. Members interested in renting your timeshare will e-mail you directly through your posting page in order to arrange the purchase. All you need to do is answer e-mails and move forward on finalizing the transaction when you've found your renter.
A copy of each inquiry you receive will also be stored in your Messages section on RedWeek.com. Even if you do not choose to reply to inquiries through the Messages section, be sure to check it regularly to make sure you haven't missed any inquiries due to e-mail filters.
Finalize the rental process
Our full-service rental option includes the building of the lease and payment disbursement. Although RedWeek.com doesn't get involved in the actual transaction if you chose the DIY method, here are a couple of suggested methods for finalizing your rental:
Vacation Rental Escrow Service
Use this unique vacation escrow service to bring a secure third-party into your transaction. First American Title will handle the collection and transfer of rental funds to ensure both parties' interests are protected.
Privately Managed Transaction
Coordinate your rental transaction directly with another RedWeek.com member, taking your own security precautions.
Please let us know which rental process worked for you, or if you have found alternative methods of transacting that we should consider.
- Vacation Rental Escrow Service
Deactivate your rental posting, or post next year's dates
Make sure to take your posting off RedWeek.com when the unit is no longer available for rent. You can do this through the My Postings section of your Account page. If you have time left on your posting, feel free to edit the availability dates to advertise your rental at the same resort for next year.
That's it - congratulations! Please be sure to let us know how everything went.