Buying, Renting, and Selling Timeshares

Timeshare rental ad fees

Nov 30, 2017

I have a 2 bedroom lockoff timeshare with 3 floating weeks. If I wanted to post ads for renting each week to rent as a 2 bedroom or a 1 bedroom and a studio separately... with 3 separate ads / week would the fees for the DIY be a multiple of the number of ads (9 times the ad fee) or is it just the one time fee for the 6 month period?


Daniel G.

Last edited by danielg383 on Nov 30, 2017 11:11 PM

Dec 01, 2017

The "Ask RedWeek" forum is the more appropriate place for such a question, since this is a discussion forum. Alternatively, you could send a direct inquiry to RedWeek staff for a more prompt reply by clicking on the highlighted "contact us" link at the bottom of this page.

danielg383 wrote:
I have a 2 bedroom lockoff timeshare with 3 floating weeks. If I wanted to post ads for renting each week to rent as a 2 bedroom or a 1 bedroom and a studio separately... with 3 separate ads / week would the fees for the DIY be a multiple of the number of ads (9 times the ad fee) or is it just the one time fee for the 6 month period?


KC

Last edited by ken1193 on Dec 01, 2017 04:10 AM

Dec 01, 2017

Thanks ken.... Do you know how it works? Have you posted rental ads? Other timeshare sites provide several free ad postings before you have to pay......the only payment is your site annual dues, It would obviously increase the number of rentals offered and if they get successfully rented it would keep them (me) coming back if they were not able to use their timeshare.


Daniel G.

Last edited by danielg383 on Dec 01, 2017 07:08 AM

Dec 01, 2017

danielg383 wrote:
Thanks ken.... Do you know how it works? Have you posted rental ads? Other timeshare sites provide several free ad postings before you have to pay......the only payment is your site annual dues, It would obviously increase the number of rentals offered and if they get successfully rented it would keep them (me) coming back if they were not able to use their timeshare.

I can offer a few relevant observations based upon my RedWeek membership of the past ten years and having (successfully) advertised and rented some of my owned (fixed) weeks on this site on multiple (8--10) occasions during those years (including two weeks just this year). I post on TUG as well (at no cost as a TUG member), but most of my renters have responded to my ads on RedWeek. Frankly, I don't choose (or need) to ever advertise anywhere else besides TUG and RedWeek.

1. Anyone can VIEW RedWeek ads, but only paid RedWeek members can RESPOND to sale or rental ads posted on RedWeek. This practice, which I fully support, does a LOT to drive away spammers, scammers and "tire kickers", none of whom will "pay to play" and none of whom I personally want to waste any of my time with.

2. RedWeek is probably the best site available to advertise timeshare rentals or to find timeshare rentals. This is not just my personal opinion and experience. There are 85,000 registered participants on Timeshare Users Group (http://www.tug2.net) and a search of RedWeek related posts there will easily reveal widespread support and endorsement fror satisfied users. Payment to advertise and payment for membership on RedWeek is "a cost of doing business" (although TUG members can post ads on TUG at no cost). For other free advertising, you can always use Craigslist at absolutely no cost --- but you then have to deal with all of the spammers, scammers, semi-literate inquiries and far too many insincere, idly curious people. To each their own, but I decline to deal with ANY of those types. No thanks.

3. The real problem people face with renting out "floating" weeks, regardless of the advertising venue chosen, is that in order to advertise a rental, the owner basically needs to have already made the reservations in order to advertise / rent them out. It's not particularly useful or helpful to advertise by asking "What would you like me to TRY to reserve for you with my "floating" week ownership?" (although I have seen exactly such ads). People understandably want to clearly understand exactly what it is (and when it is) that is being offered for rent. If it's going to be a lengthy and complex exercise involving "only maybe" getting the reservation they want from a floating week owner, they will simply look for something else which is already firmly reserved, and the transaction therefore faster and easier to conclude. This obviously requires some "crystal ball" effort on the floating week owner's part, essentially having to guess what weeks and unit sizes people might want to rent, then reserving those unit / weeks, then advertising those reserved unit / weeks for rent. I've personally never had ownership of (nor any interest in) the uncertainty of the reservation gyrations required with "floating" weeks, but what I have described above is the shared wisdom of many experienced "floating" week owners expressed on other timeshare sites. Personally, I choose to own only fixed weeks in specific units, with guaranteed annual access without any need for any annual reservation calls or gyrations and / or uncertainty. Everyone has different ownership preferences, of course --- to each their own.

That's really all I can tell you. I own my "fixed" timeshare weeks to use them and to enjoy them. Only when a family schedule conflict arises do I rent out any of my weeks, but when I advertise, (that's been about 8--10 times over the past decade) I always use RedWeek and my rental success rate is 100%. I've simultaneously advertised the same weeks on TUG as well, but always with much less response and success. Keep in mind that your rental must be both desirable in date and location --- and competitively priced. If the exact same week at the exact same place is available from someone else for less money, your ad will most likely yield only "crickets".

By the way, I am not associated with RedWeek (or TUG) in any way, other than as a paying member on BOTH sites. If I seem to be waving RedWeek's flag here, it's simply to express that I am very satisfied with a 100% rental success rate here when I've had to advertise and rent out any of our owned weeks during the past 10 years. Your mileage may vary.

Hope some of this helps you. Good luck!

danielg383 wrote:
Thanks ken.... Do you know how it works? Have you posted rental ads? Other timeshare sites provide several free ad postings before you have to pay......the only payment is your site annual dues, It would obviously increase the number of rentals offered and if they get successfully rented it would keep them (me) coming back if they were not able to use their timeshare.


KC

Last edited by ken1193 on Dec 04, 2017 10:06 AM

Dec 01, 2017

Daniel -

Ken has provided you with some good information and advise from a RedWeek user's perspective. If you would like to know more about the two rental options we provide, the costs, etc. then you can either Contact Us (support@redweek.com) or refer to this page in our Resources section: Adding Postings

Thanks,

Phyllis


RedWeek Support
RedWeek.com
Dec 01, 2017

Thanks, that was really helpful to me as well.


Diane E.
Dec 02, 2017

Thanks Ken.... Great promo for Red Weeks

In point 2 ..... I am in no way putting a plug in for TUG2 .... Only commenting on your reference to TUG2 (timeshare users group) ..... your comment "the expressed view of 85,000 participants of timeshare users group" ...funny.....I am a paid member (for 5 years now) and I do not pay for ads on TUG2 and successfully rented my weeks when conflicts in my availability to use it without issue on their site for only the cost of my membership...... I have not read in TUG2 forums that RedWeeks is their preferred choice for timeshare rental ads... But I guess I need to do some searching to see where and what people's comments are as you say there obviously is!

In point 3..... Kinda funny.... not sure if your just being a Jerk here.... But I have no intension of trying to rent fictitious weeks..... Or floating weeks .... I did make a comment on the kind of weeks that I own at my resort..... My owned 3 floating weeks are reserved in my owned unit 13 months in advance and have my reservation confirmations..... So I know exactly that my deeded unit which I own is the one I have reserved and the dates (which float on a fixed schedule from one year to the next) that would be available to rent out.

it was just a simple question ..... My question was to the actual cost.... since I have never posted an ad or ads on this site.... It would have been good to know if I ever want to try to post an ad here...... Was hoping to get some info shared by someone that has posted several ads here ...... Hopefully someone else could share

No need for or do I want your response Ken

ken1193 wrote:
danielg383 wrote:
Thanks ken.... Do you know how it works? Have you posted rental ads? Other timeshare sites provide several free ad postings before you have to pay......the only payment is your site annual dues, It would obviously increase the number of rentals offered and if they get successfully rented it would keep them (me) coming back if they were not able to use their timeshare.

I can offer a few relevant observations based upon my RedWeek membership of the past ten years and having (successfully) advertised and rented some of my owned (fixed) weeks on this site on multiple occasions during those years (including two weeks this year). Frankly, I don't choose (or need) to ever advertise anywhere else.

1. Anyone can VIEW RedWeek ads, but only paid RedWeek members can RESPOND to sale or rental ads posted on RedWeek. This practice, which I fully support, does a LOT to drive away spammers, scammers and "tire kickers", none of whom will "pay to play" and none of whom I personally want to waste any of my time with.

2. RedWeek is probably the best site available to advertise timeshare rentals or to find timeshare rentals. This is not just my personal opinion, but the expressed view of 85,000 participants on Timeshare Users Group (http://www.tug2.net). Payment to advertise and payment for membership on RedWeek is "a cost of doing business". For free advertising, you can always use Craigslist at absolutely no cost --- and then have to deal with all of the spammers, scammers, semi-literate inquiries and insincere, idly curious people. No thanks.

3. The REAL problem YOU face with renting out "floating" weeks, regardless of whatever advertising venue you choose, is that in order to advertise a rental, you will basically need to have already made the reservations in order to advertise / rent them out. It's not useful or helpful to advertise by asking "What would you like me to TRY to reserve for you with my "floating" week ownership?" People want to clearly see and clearly understand exactly and specifically what it is (and when it is) that you are advertising and offering for rent. If it's going to be a lengthy and complex exercise involving your "only maybe" getting the reservation they want using your floating ownership, they will simply look for something else which is "cleaner" and already firmly reserved, and the transaction therefore faster and much easier to conclude. This will obviously require some "crystal ball" effort on your part, essentially having to guess what weeks and unit sizes people might want to rent, then reserving those unit / weeks, then advertising those reserved unit / weeks for rent. I've personally never had any ownership of (nor any interest in) the uncertainty of the reservation gyrations required with "floating" weeks, but what I have described is nonetheless the shared wisdom of many experienced "floating" week owners on other timeshare sites. Personally, I choose to own only fixed weeks in specific units, with guaranteed annual access without any need for any annual reservation calls or gyrations and / or uncertainty. Everyone has different ownership preferences, of course.

That's really all I can tell you. I own my "fixed" timeshare weeks to use them and to enjoy them. Only when a family schedule conflict arises do I rent out any of my weeks, but when I advertise, (that's been about ten times over the past ten years) I always use RedWeek and my rental success rate is 100%. Keep in mind that your rental must be both desirable in date and location --- and competitively priced. If the exact same week at the exact same place is available from someone else for less money, your ad will most likely yield only "crickets".

By the way, I am not associated with RedWeek in any way, other than as a paying member. If it seems that I'm waving the RedWeek flag here, it's only that I am very satisfied with a 100% rental success rate when I've had to advertise and rent out weeks during the past 10 years.

Hope some of this helps you. Good luck!

danielg383 wrote:
Thanks ken.... Do you know how it works? Have you posted rental ads? Other timeshare sites provide several free ad postings before you have to pay......the only payment is your site annual dues, It would obviously increase the number of rentals offered and if they get successfully rented it would keep them (me) coming back if they were not able to use their timeshare.


Daniel G.

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