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Resale question...

Discussion in 'New to Timesharing? Look Here!' started by CliffRich, Aug 5, 2018.

  1. CliffRich

    CliffRich Guest

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    So I worked for a company back in 2008 that was doing timeshare resales and taking a fee up front. lo and behold, the owner was ripping our clients off... I left shortly after discovering this fact.

    Since then I have wanted to open a company that really helps owners get out of there timeshares and for people who truly like them to purchase... I recently started setting it up and now I come across TUG. Has the resale market really deteriorated that far where most owners are willing to accept 0-20% to unload them? A big part of my company is helping people get out from under them but how am I supposed to make money (to survive as a company) if the market is like this?
     
  2. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

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    You cannot survive as a company for any kind of profit. There are already some sites out there for selling timeshares called Redweek and My Resort Network (and some others).

    If it was easy to help people sell their timeshares, a lot of us would be doing it for a profit. You shouldn't start a company because you are clueless. I am not being nasty, I am simply being honest. There is no money in this for you. Sure, you can set up a website, but no one is going to visit.
     
    CliffRich likes this.
  3. VanillaXtracts

    VanillaXtracts TUG Member

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    Hi,

    Well...., The market is what it is so business decisions should be based on that reality.

    With social media permeating most peoples lives it is getting much harder to play the profitable service delivery intermediary roll between buyers and sellers who now have access to all the info and legal guidance templates they need to achieve their goals.

    Best to focus attention on future market trends vs providing solutions based on past circumstances. Also TUG has been on-line for in excess of a decade and if it’s new to you then that should cause you pause to consider what value is being placed in your market research on launching a new venture.
     
    CliffRich likes this.
  4. CliffRich

    CliffRich Guest

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    I don't think you are nasty. The main reason I posted was because I'm willing to study and learn if there is a way to actually make money helping people with this. I understand that I am currently "clueless" when it comes to this market. My main question I guess was: is this business worth relearning... I may just have my answer
     
  5. Panina

    Panina TUG Review Crew: Expert TUG Member

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    Go to redweek, timesharenation and Sumday. That is a start to you understanding the resale market and the competition you have .
     
    mpumilia likes this.
  6. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

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    Wyndham Plat,RCI pts,Shell,WorldMark,OKW,SSR pts; Marriott's Willow Ridge;Val Chatelle; Hono Koa; SBP; Blue Ridge Village.
    I am trying to think of some of the other startups of rental sites, and I kind of remember a few that didn't really make it on the first page of Google, like King timeshares, something like that.

    Our daughter would love to start a website and do what Redweek does, but there is no way it would reach the top of the list on Google, and that is too bad. But it's very true. Once these companies have the market share, you cannot seem to get into that business without spend a lot more money than they did. It pays to be on the ground floor.
     

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