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Re: REDWEEKS NEW TIMESHARE EXHANGE PROGRAM (by R P.):

adahiscout wrote:

I hate to ask under this rather unrelated Topic, but how did you sell your own timeshares? ( And why !) If I remember rightly, you said somewhere that you sold them all. Did you come out somewhere near even? MD

No problem, ask away :o). We owned 9 timeshare weeks at one time and had many nice timeshare vacations in many areas of this great country. We belonged to both RCI and II.

Via one particular timeshare vacation we passed through one of the most beautiful areas of this country that we had ever seen (Blue Ridge Mountains) and we rented a cabin in that area a couple of years later.

After looking over several real estate sales brochures we found a builder we could finally afford (real estate is very expensive in this area). We chose our lot, put a deposit down, went back home, put our house on the market, and eventually moved to this area.

After moving we no longer cared to stay anywhere an entire week so that's when we sold all of our timeshares. Several of our timeshares were in this area and we no longer needed them. The rest were gulf or oceanfront, except for one in Orlando (the developer purchased one) and one in New Orleans (before Katrina).

All of the timeshares I sold, I sold for what I paid for resale, except a developer purchased one that we lost bigtime on (1/3 of purchase price which is typical.)

I posted ads on Redweek, MyResortNetwork and Bidshares. I had a link to my picturetrail.com photos showing all of the resorts and units we owned, both inside and outside, and eventually I sold all nine. I believe the photos helped tremendously as people knew exactly what they were getting.

We still travel but for short periods only. We've rented 3 days in Charleston from a Redweek owner for next month and we're going to New York City for 4 days with a tour group later this year.