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[2015] Redweek dead

I must have jinxed myself, because my renter backed out this morning. Nice.
 
NTP66 said:
I must have jinxed myself, because my renter backed out this morning. Nice.
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I count NOTHING as RENTED til the check clears. That happens WAY MORE now than it did 3 or 5 or 10 years ago. It costs them NOTHING to send an email and know you have to prepare a rental agreement and they send it back to you with a check.
 
vacationhopeful said:
I count NOTHING as RENTED til the check clears. That happens WAY MORE now than it did 3 or 5 or 10 years ago. It costs them NOTHING to send an email and know you have to prepare a rental agreement and they send it back to you with a check.
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It was actually a timeshare company working on behalf of a client, one that I have dealt with before. Got as far as the online contract, but then the renter decided that they needed a full kitchen. Good luck to them finding that in the same price range.
 
vacationhopeful said:
I count NOTHING as RENTED til the check clears. That happens WAY MORE now than it did 3 or 5 or 10 years ago. It costs them NOTHING to send an email and know you have to prepare a rental agreement and they send it back to you with a check.
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One more reason not to mess with a rental agreement. Just get one check in full and change rezzie to their name after check clears.
 
I don't mess with checks. 100% when we agree . Tell them my interest is to get the week rented so if another renter comes along who is ready to make it happen I will have to go with that one. I gotta see that PayPal notice come in.
 
eBay and PayPal are last resorts for me, since I have to deal with fees. Most would rather pay by check to save the 2.9% fee that I'd make them pay.
 
I have been successful with Redweek but I am not without a few bumps along the way.

Once I get an inquiry, if they are serious, I ask to speak with the person before I send the RA. I usually can get a good feel for the person. I ask for the MF as a deposit and require it by check within 7 days of signing the RA. The rest is due 60 days before the rental. BTW, I also always speak to whoever I rent a unit from when I rent.

I have a fixed summer week oceanfront and and fixed summer unit 3 units away on the side of the building. I always include a couple of pictures of the view with the rentals. The views help and does make it easier.

I would suggest including pictures for a floating week, if you got a unit with a nice view. As long as you list the unit as varies, this is okay.

I tried listing the unit on a Marriott Rental/trade facebook page. I still handled it by speaking with the person. They backed out after committing to it because they found something cheaper.

I think Redweek works better...more traffic.
 
I've found that including your own pictures helps (from my other rentals in the past). I certainly appreciated it when I was looking to rent somebody else's units before I became an owner.

I had never seen it previously, but apparently eBay has a "classified ad" style listing now, allowing you to post your ad there and have the interested party e-mail the seller directly. I have a traditional Buy It Now (with Best Offer) auction right now for my unit, and thought about switching it up.
 
I keep track of everyone I've rented to and send them all an email when I list something new for rent. Just got my first response from doing that today. I've had 2 inquiries from Redweek this week, but I ended up renting it to a co-worker who rented it last year. I don't know where the "sweet spot" is for timing rental inquiries. My holiday weeks (either fixed or reserved) tend to go quickly a year in advance. There seems to be a flurry of activity for those of us who want to nail down our plans asap. My daughter had a renter for her Harborside/Atlantis July 4 week who inquired last July and then finally canceled before she put the check in the mail. I have 2 and she has 2. 3 of them rented the first week and the 4th one backed out and we've seen no activity since then. I'm sure it will pick up again, but don't know when. I get 50% when they book and the balance 90 days before occupancy. If they don't pay up, I still have time to use it or deposit it in Interval.
 
I'm not a renter but I happened to be talking to a friend of mine who lives outside Toronto this morning. He owns a condo in Fort Myers, FL which he rents when he and/or his wife are not using it. This enables them to have "walking around money", money for car rental, etc. in US Dollars in a US Bank Account. But the interesting thing he said is that 80% to 90% of his friends who traditionally took vacations in Florida are not going this year because of the low value of the Loonie.

George
 
I have had my football-related super event weekend listed in Redweek with not even one inquiry.
 
NTP66 said:
How many of you have renter your unit inside of 60 days of the reservation? I'm getting close to the point of really dropping the price substantially so that I don't let the reservation go to waste. I've had 6 or 7 inquiries about it, but nothing has panned out yet. I do see that most of the 2BR units around my timeframe were rented, so it's not like they're all just sitting out there available.
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I was sweating out my Redweek rental. This year I rented it under 60 days-about 45 days out! Normally I rent at least 90 days out.
 
bogey21 said:
I'm not a renter but I happened to be talking to a friend of mine who lives outside Toronto this morning. He owns a condo in Fort Myers, FL which he rents when he and/or his wife are not using it. This enables them to have "walking around money", money for car rental, etc. in US Dollars in a US Bank Account. But the interesting thing he said is that 80% to 90% of his friends who traditionally took vacations in Florida are not going this year because of the low value of the Loonie.

George
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The exchange rate is not the best, that's for sure. It comes down to planning and how much money you want to spend. We sent our daughter to Orlando Dec 26-Jan 3 & my wife and I went Jan 2 - Jan 10. We had a fantastic time but shopped very little. We booked low priced flights and got a preview rate at the resort for next to nothing. The biggest expense was the parks. We are planning to go again this fall.
 
Finally gave up on trying to rent the 2BR OF week we had at Maui Ocean Club for mid-June. Listing was active on Redweek for over three months with only one inquiry and that one went nowhere after the initial inquiry.

Cancelled the ad with Redweek today and then cancelled the reservation with Marriott and the points were returned to my account. Immediately banked what I could to 2017; booked Labor Day weekend in Hilton Head with part of the points that I have to use in 2016; and still have a little over 2000 points to come up with another 2016 use.

Maybe if I had been willing to lower it to a bargain price or hold out until 60-90 days out, I may have rented it. But I was concerned that if I waited until then and it still didn't rent, by then there may not be anywhere to use the 2016 points. So I decided to shift gears while I still had places to use the 2016 points.

This is one example of the benefits of points vs weeks that I don't often see mentioned. If this had been an owned week, my only option would have been to deposit in II. But with points, I have so many more options for salvaging usability due to the ability to book long weekends, etc.
 
Out of curiosity, what did you have your unit listed for on Redweek, and was this in the old tower or one of the new towers?
 
NTP66 said:
Out of curiosity, what did you have your unit listed for on Redweek, and was this in the old tower or one of the new towers?
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2BR OF in the old towers. Listed at $4250.
 
I've gotta say, this has been the worst year for me renting a unit anywhere. I started at something like $3500 for a 2BR ocean view unit at MOC in early March, which I figured would go fast, and currently have it listed everywhere for $2250 - enough to still cover my MF.

I probably generated 15-20 inquiries between Redweek, Tug, MyResortNetwork, and eBay, yet none of them panned out. eBay was the worst, where 100% of the people who contacted me asked me if I had other weeks available.

Unless somebody magically rents the unit by Thursday, I'm going to just join II and deposit the week, and plan a separate short-notice vacation next year.
 
NTP66 said:
I've gotta say, this has been the worst year for me renting a unit anywhere. I started at something like $3500 for a 2BR ocean view unit at MOC in early March, which I figured would go fast, and currently have it listed everywhere for $2250 - enough to still cover my MF.
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Same for us - a very difficult year renting out our unit.

Our MOC 2BR garden view unit started out on Redweek at $3000, then $2800, then finally rented it for $2450. And this for a very desirable Spring Break week.

I really think the high airfares to Hawaii are a contributing factor this year. I'm looking forward to Southwest Airlines entering the Hawaii market to bring more capacity and competition.
 
gblotter said:
Same for us - a very difficult year renting out our unit.

Our MOC 2BR garden view unit started out on Redweek at $3000, then $2800, then finally rented it for $2450. And this for a very desirable Spring Break week.

I really think the high airfares to Hawaii are a contributing factor this year. I'm looking forward to Southwest Airlines entering the Hawaii market to bring more capacity and competition.
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In my case, I actually think the airfares right now should be helping. There are so many deals right now flying in the same timeframe that this rental is for. I did receive another inquiry last night from a timeshare company, but I'll let you guess how that has gone. In 48 hours I start the process of creating an II account and depositing the week.

Meanwhile, my parents rented out their Grande Dunes garden view on their first inquiry.
 
My suspicion has also been that high airfare played a role in our inability to rent our June week at MOC mentioned above - at least based on airfares from Charlotte.

For our dates, the least expensive airfare from Charlotte to Maui was over $1300/pp. That was a key factor in our deciding not to make the trip ourselves as it would have cost about $4000 for three of us. Given that our teenage daughter was not happy about not being able to bring a friend, spending $4K just to have an unhappy teenager on our hands was not appealing. The most we've ever paid in the past for CLT-OGG was around $900/pp or so.
 
On a Marriott FB rent, buy , sell and trade site, someone posted a Maui Trade for HHI last week July. I discussed the trade and was going to do it until I found out the airfare. I needed six tickets, my wife, 2 sons, their girl friends and me. The airfare came out to 1100 person from NY. I was shocked. I am am guessing it is because of airline consolidation. My kids have been to both Maui and the Big Island so it was not worth 7000 for a repeat visit if it includes airfare, entertainment and food for all. We did not do the trade. We are going to HHI, NY to Savannah for 1500 for all the tickets.

My boys are going to be 25 and 28.... Still trying to figure out why my wife has us paying for girl friends.
 
removed by me
 
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Airfare for us (from PHL) is basically the same as it always is, roughly $1k/person. I've been so disgusted with the entire process this year that I'm seriously contemplating just using both weeks in Maui, this one in March and our usual in September.
 
melissy123 said:
I have had my football-related super event weekend listed in Redweek with not even one inquiry.
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I had several reservations for that weekend as well. I advertised on Craigs list and google ad words and ads on facebook for football fans in Denver and Charlotte> The various ads were pushing over 100 visitors a day to my webpage devoted to these rentals, with no response... Not just no rentals, but no response, no phone calls, no emails, no texts


On the other hand I was sold out in another city the same weekend
 
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