TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG started 25 years ago this month in 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
    Dismiss Notice
  4. TUG has now saved timeshare owners more than $10,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $10Million dollars
    Dismiss Notice
  5. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  6. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  7. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  8. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Is a $1 Ebay no fee timeshare legit?

Discussion in 'New to Timesharing? Look Here!' started by Slwags, Sep 7, 2018.

  1. Slwags

    Slwags Guest

    Joined:
    Sep 6, 2018
    Messages:
    7
    Likes Received:
    6
    Trophy Points:
    3
    I see these all over Ebay with the seller paying all the fees. What’s the catch?
     
    TUGBrian likes this.
  2. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

    Joined:
    May 20, 2006
    Messages:
    26,209
    Likes Received:
    1,719
    Trophy Points:
    649
    Location:
    Ohio
    Resorts Owned:
    Marriott's Grande Vista
    Marriott's Harbour Lake
    SVV - Bella
    SVV - Key West
    No catch, you may just have a very hard time trying to get rid of it later when you want to sell. You need to be careful and know what you are buying and know you really want it. These timeshares come with MFs forever, unless you can sell or give it to someone else. It may even require paying someone or prepaying MFs to get someone else to take it from you.
     
    TUGBrian likes this.
  3. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

    Joined:
    Feb 10, 2007
    Messages:
    19,326
    Likes Received:
    2,616
    Trophy Points:
    599
    Location:
    Twin Falls, Eye-Duh-Hoe
    Those are likely listed by 'upfront fee' outfits that have been paid by the timeshare's owners to 'get rid' of the TS. They are legit, but it's a 'buyer beware' situation. They may not be exactly as advertised. The week may be a 'mud week' or the unit may have a lovely view of the dumpsters. You should get an 'estoppel' letter from the resort in question (through the seller) that will outline the actual unit and week being sold. Knowing that those eBay auctions are spur-of-the-moment decisions, that makes it difficult to do your due-diligence. OTOH, on eBay, timeshare sales are NOT final, though backing out will not endear you to the sellers on future auctions.

    It helps if you have some underlying understanding of timeshares, do your research on TUG to get to know the various resorts and their policies. For instance, knowing that at certain resorts and systems, you have 11- or 13 months ahead of use to put in your reservation for 'premium' (higher floor, better view, certain dates, etc.) reservations, and that at some, what you are buying is the use of a specific unit on a specific week and that is set in stone. That knowledge cuts through the fluff on auction sites and lets you concentrate on what TS does what you want for your family.

    Sometimes, 'FREE' is too high a price to pay.

    Joining TUG ($15 a year) unlocks the resort reviews for you, so you can compare one resort against another. Look in the yellow Support TUG link in the dark blue stripe at the top of this and every page to do that.

    Knowledge makes you an informed consumer.

    Jim
     
    TUGBrian likes this.
  4. RX8

    RX8 TUG Member

    Joined:
    May 5, 2011
    Messages:
    1,531
    Likes Received:
    309
    Trophy Points:
    193
    And it is important to do research before buying. While ownership gives you more flexibility it isn’t uncommon for these “free” weeks to have maintenance fees that are higher than the cost to stay by renting.
     
    Last edited: Sep 7, 2018
    LannyPC and TUGBrian like this.
  5. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,625
    Likes Received:
    2,379
    Trophy Points:
    298
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    Where many ebay free weeks are undesirable, I have gotten a few for free that were very desirable. When I did I was thinking “didn’t anyone else see this”?

    You need to learn the difference of what is desirable and what isn’t. It is best to own a week that can easily be given away by having a week others would want.
     
    Free2Roam and TUGBrian like this.
  6. DaveNW

    DaveNW TUG Review Crew: Expert TUG Member

    Joined:
    Jun 1, 2006
    Messages:
    10,269
    Likes Received:
    2,952
    Trophy Points:
    548
    Location:
    North of Seattle
    Resorts Owned:
    WorldMark
    The shortest answer to your question is “Most of them.” But you need to get the whole story and make an informed decision.

    The acquisition cost of a timeshare is not the primary concern when buying one. The ongoing costs of ownership are the maintenance fees, any special assessments, and the planned future of the facility. Those are more important than what you paid to buy it.

    Sometimes people just want out, and they’ll pay the transfer costs to entice a buyer to take ownership. I’ve done that as a buyer maybe a dozen times on eBay, where the seller paid the fees. Then later, when it was time to be done with things, as seller I paid the fees, to quickly find the timeshare a new home.

    Where you must be very careful is to ensure that what you’re buying is what you think it is. Once it’s in your name, it can be difficult to get it out of your name.

    Dave
     
    TUGBrian likes this.
  7. jhac007

    jhac007 TUG Member

    Joined:
    Oct 30, 2005
    Messages:
    405
    Likes Received:
    71
    Trophy Points:
    238
    Location:
    West Virginia
    Resorts Owned:
    Ko Olina BC, Waioha BC, Crystal Shores (2 Gold), Kierland (Gold Plus), Ocean Pointe, Eagle's Nest, Vistana BC, Villas at Doral, Mizner Place, Windward Pointe, Star Island
    Having been in the same situation, I like this response. If you are well versed on the timeshare in question, can use it a lot, see it advertised for $$ other places and was considering buying it anyway, it could be a bonanza. Sometimes others think "this is a scam" and let a great one get away. The same applies weeks that may be say thousands less but appear "scam" but if it is something you want, do your due diligence!
     
    TUGBrian likes this.
  8. TUGBrian

    TUGBrian Administrator

    Joined:
    Mar 24, 2006
    Messages:
    17,015
    Likes Received:
    1,729
    Trophy Points:
    699
    Location:
    Florida
    the cost is legit...meaning you can indeed own that timeshare for $1 if you win the auction. Deciding if that $1 is worth the purchase price is a whole nother matter!


    Grats on discovering the resale market, its easily the best kept secret in the vacation industry!
     
  9. Slwags

    Slwags Guest

    Joined:
    Sep 6, 2018
    Messages:
    7
    Likes Received:
    6
    Trophy Points:
    3
    I have been to the resort. My brother/sister in law own two timeshares there that they paid full price for. Thought it would be nice to own one at same resort. They would be upset if I got it for a $1 lol.
     
  10. jhac007

    jhac007 TUG Member

    Joined:
    Oct 30, 2005
    Messages:
    405
    Likes Received:
    71
    Trophy Points:
    238
    Location:
    West Virginia
    Resorts Owned:
    Ko Olina BC, Waioha BC, Crystal Shores (2 Gold), Kierland (Gold Plus), Ocean Pointe, Eagle's Nest, Vistana BC, Villas at Doral, Mizner Place, Windward Pointe, Star Island
    Knock, knock.......is that opportunity at the door (but do consider the seasons)?
     
    Jan M. and TUGBrian like this.
  11. breezez

    breezez TUG Member

    Joined:
    Jul 1, 2015
    Messages:
    808
    Likes Received:
    467
    Trophy Points:
    124
    Location:
    Dover, FL
    Resorts Owned:
    WorldMark 39K
    Wyndham 406K
    RCI Points 196K
    Timeshares are the one thing in Life you never really pay off. Your fees don’t stop until you find someone else to take it.

    This doesn’t necessarily make it a bad thing, as long as you understand this. These cost normally never get lower and generally increase a bit faster than inflation. I would say 5% average increase in fees annually. At this rate your MF’s double in about 14.5 years

    All said though a $1.00 Timeshare could also be very rewarding.
     
    TUGBrian likes this.
  12. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

    Joined:
    Feb 10, 2007
    Messages:
    19,326
    Likes Received:
    2,616
    Trophy Points:
    599
    Location:
    Twin Falls, Eye-Duh-Hoe
    The value of TSs is the quality of the vacations and memories you and your family get from them. But getting what your bro's family paid Thou$and$ for, for a buck gives some quiet satisfaction!

    Jim
     
    TUGBrian likes this.
  13. bluehende

    bluehende TUG Review Crew: Veteran TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    966
    Likes Received:
    714
    Trophy Points:
    303
    I have bought 2 of these and they are legit. Like in anything there are some scammers but in general they are legit. As others have said sometimes a dollar is way overpriced. You are in the right place to learn how to spot those steals and avoid the dogs.
     
    sharewhereMiMi and TUGBrian like this.
  14. dayooper

    dayooper TUG Member

    Joined:
    Apr 14, 2018
    Messages:
    450
    Likes Received:
    223
    Trophy Points:
    94
    Location:
    The Land of Ice and Snow
    Resorts Owned:
    HGVC at The Flamingo
    If you are nervous about the seller, use this community to get your information. Many of the eBay sellers have had discussions about them here. You can do a search on the forums or just ask if anybody’s day has had any interaction with them and would they recommend. If you are going to pose the question, I would use the Buying, Selling and Renting forum.
     
    sharewhereMiMi and Panina like this.
  15. taterhed

    taterhed TUG Member

    Joined:
    Sep 28, 2011
    Messages:
    4,074
    Likes Received:
    1,463
    Trophy Points:
    298
    Location:
    Virginia
    Resorts Owned:
    Westin WKORV OFD
    Marriott's Grande Vista
    Worldmark x2
    My famous phrase: "The devil is in the details"

    Many eBay sights have timeshares for sale that are:
    • incorrectly described (size, location, season etc...)
    • inaccurately labeled (maintenance fees, closing costs, first use)
    • not as represented (fraudulent or unintentionally misrepresented)
    Before buying on eBay, you should become an 'expert' on what you're looking for and what to expect. If you win a bid, don't send 1 red cent until you fully understand what you've potentially purchased and have some reasonable documentation of the property description (deed, estoppel, legal ownership description)

    It's a minefield. Really, you should base your expectations on the reputation of the eBay seller. There are good ones and not-so-good ones.



    доверяй, но проверяй
    doveryay, no proveryay
     
    Panina likes this.
  16. DaveNW

    DaveNW TUG Review Crew: Expert TUG Member

    Joined:
    Jun 1, 2006
    Messages:
    10,269
    Likes Received:
    2,952
    Trophy Points:
    548
    Location:
    North of Seattle
    Resorts Owned:
    WorldMark
    +1 ^^^. My personal favorite is eBay listings that show the wrong pictures. They describe a whatever-it-is timeshare for sale, and then show some extraordinary pictures - from some other location. It is so easy to mislead a novice buyer into thinking the fancier pictures are from the resort they're about to buy - only for them to find out later it's not even close to being the same place. Or they'll show pictures of a two-bedroom unit, when the auction is for a one-bedroom timeshare. It cannot be overstated: Due diligence is critical!

    Dave
     
  17. taterhed

    taterhed TUG Member

    Joined:
    Sep 28, 2011
    Messages:
    4,074
    Likes Received:
    1,463
    Trophy Points:
    298
    Location:
    Virginia
    Resorts Owned:
    Westin WKORV OFD
    Marriott's Grande Vista
    Worldmark x2

    Exactly. I was checking on some WKORV listings recently:
    • Ad listing says WKORV
    • Picture is WKORV
    • MF is something like $26xx dollars (maybe WKORVN?)
    • Unit number is 52xxxxx (obviously bldg. 5)
    • Description clearly describes the joys of WKORV and the 'resort view' (no such thing)
    I may have combined some items from more than one ad in the interest of humor....

    but the point is: clueless seller, wrong info, probably not intentional.

    That's on an ad with tons of information and some obvious clear indicators. Pick a somewhat obscure resort/ownership with less clear details and tons of variation between units, phases, points/weeks, float/fixed etc..... you get the picture.
     
  18. vacationtime1

    vacationtime1 TUG Member

    Joined:
    Sep 7, 2006
    Messages:
    2,983
    Likes Received:
    522
    Trophy Points:
    348
    Location:
    San Francisco
    Resorts Owned:
    MAW & MKW (Kauai)
    WKORV-OF (Maui)
    WKV x3 (Scottsdale)
    ^^^^^ Good advice here. The best way to verify that the unit is as advertised is to request an estoppel from the seller. You can do this now or after you win the auction because real estate auctions on eBay are not binding anyway.

    The estoppel -- a document prepared by the management company or HOA -- states the unit type, size, season, and whether fees are paid up. This is not title insurance (which is a waste on a $1 purchase) but rather a third party representation of exactly what it is that you would be buying. My purchases have all been resale and I get an estoppel every time.
     
  19. DaveNW

    DaveNW TUG Review Crew: Expert TUG Member

    Joined:
    Jun 1, 2006
    Messages:
    10,269
    Likes Received:
    2,952
    Trophy Points:
    548
    Location:
    North of Seattle
    Resorts Owned:
    WorldMark
    I agree. And even then, it's not always right. I bought a 12K WorldMark account last Fall (2017) off eBay, and the estoppel said there was 12K credits available from 2017, and 12K credits available to borrow from 2018. So 24K credits available. I was fine with that. On closing, I discovered I also had the 12K credits from 2016 available as well, for a total of 36K credits. It was like getting a whole year's worth for free. Score! :)

    Dave
     
    amycurl and taterhed like this.
  20. deslagle

    deslagle TUG Review Crew: Expert TUG Member

    Joined:
    Feb 21, 2014
    Messages:
    25
    Likes Received:
    19
    Trophy Points:
    63
    Location:
    Kennewick, wa
    I bought a $1 timeshare. I bid on ebay with a no reserve auction for over $100.
    I bid the last 5 minutes and no one bid against me. I got it for $1 U.S.
    We had just been there at Whistler, BC at the Northstar and
    this was the Westin Whiski Jack 1 bedroom at the bottom of Whistler mountain ski hill.
    I was tickled.
    Turns out the owners were tired of trying to sell it and wanted to get out of maintenance fees.
    They had children now and did not need it as they could not use it.

    I got Raintree Vacation Club 50,000 points yearly in the deal and always used the points to go to Sedona, Park City and Birch Bay.
    Eventually, That particular Whiski Jack got dropped by Raintree for lack of paying maintenance fees by others. (what we were told...sounded legitimate)
    I was given a choice to use my timeshare annually or Westin would take it back; No more points.

    I valued the Raintree Points and worked out a deal with Whisk Jack Northstar and they slid the contract to 50,000 points to Whiski Jack Northstar annually.

    If I had lost the unit, there would be no problem. So what if I lost a "Buck" plus the transfer fees but got usage for 6-8 years for so little money.

    The 2nd part of the story is that Wyndham/Worldmark is now buying up foreclosed units in some/many of the Raintree properties.
    Birch Bay is now majority Worldmark and Park City Miners Club is not far behind it. The signs outside way Worldmark at the top and a little Raintree Vacation Club at the bottom.
    I have always liked Raintree but dislike Wyndham hard core selling tactics.
     
    Panina likes this.
  21. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,625
    Likes Received:
    2,379
    Trophy Points:
    298
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    If you do your homework and know what you want $1 ebay deals can be finds. I will share.

    I got a hgvc Plantation Beach Club on Hutchinson Island, beachfront, 1 br, week 52 fixed, worth 4800 points.

    I got a Jade Tree on Myrtle Beach, 1 br 2 bath, beachfront spring week ( was looking for a 1 br for 2 years for a week I could use, lowest price $7000 I could find-ridiculous) for $1 plus I got $400 cash.

    I got a Blue Ridge Village, Banner Elk, NC, prime late summer week.

    In addition to eBay $1 (free) were found here on tug, red week and hoa sites that were just as good.

    Tug - Hgvc Surf Club 2 br Marco Island December
    Tug - Sunrise Bay Resort and Club Marco Island Christmas week
    HOA - website 2 weeks in a row, same unit Chetola Blowing Rock, NC 1 br June rhododendrons season
    Redweek - fall foliage prime week at Blue Ridge Village

    There are more but I think this shows there are great things out there for free They also are all great traders in II, most having tdi of 150.
     
    sharewhereMiMi likes this.
  22. amycurl

    amycurl TUG Member

    Joined:
    Sep 26, 2011
    Messages:
    1,175
    Likes Received:
    241
    Trophy Points:
    174
    Location:
    Greensboro, NC
    If you ever want to consider renting one of those weeks to a friendly TUGger, please feel free to send me a PM! I've heard great things about Chetola, but have never been. (I do have good family friends in Blowing Rock.) Also, I'm now starting to wonder if we live close to each other...
     
    Panina likes this.
  23. geerlijd

    geerlijd TUG Member

    Joined:
    Apr 7, 2014
    Messages:
    74
    Likes Received:
    31
    Trophy Points:
    78
    Location:
    Michigan
    Resorts Owned:
    WorldMark
    Wyndham Bali Hai
    Wyndham Canterbury
    Wynhdam South Shore
    $1 is a little over priced.

    I just won an auction at $0.01, for a summer week in Northern MI.
     
    Last edited: Sep 11, 2018
    sharewhereMiMi likes this.
  24. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    20,524
    Likes Received:
    680
    Trophy Points:
    498
    Location:
    The Centennial State
    Resorts Owned:
    Wyndham Plat,RCI pts,Shell,WorldMark,OKW,SSR pts; Marriott's Willow Ridge;Val Chatelle; Hono Koa; SBP; Blue Ridge Village.
    That is funny.
     
  25. dayooper

    dayooper TUG Member

    Joined:
    Apr 14, 2018
    Messages:
    450
    Likes Received:
    223
    Trophy Points:
    94
    Location:
    The Land of Ice and Snow
    Resorts Owned:
    HGVC at The Flamingo
    Where did you buy?
     

Share This Page