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How to list and rent your timeshare on AirBnB

billymach4

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So all of this discussion and grief about Redweek and the monopoly created around forcing us to use the full service listing has all of us asking about alternatives. There appears to be some comments made about AirBnB.

Has anyone listed and rented your timeshare week on AirBnB? Anyone care to share the experience and success or lack of success?
 
I have tried renting a few (likely under 3) timeshares on Airbnb. The only one that has been successful was my Banff Rocky Mountain resort summer week. It has rented about 3 times easily if I can allow people to book less than the full week. Unfortunately the resort has raised the mid week cleaning fee from $200 to $500 this year which will make it less likely in the future. Oh well only 4 more years until the government does not allow the timeshare to exist anymore.
 
Anyone care to share the experience and success or lack of success?

I've had decent success renting out weeks through Facebook. I tag a few friends, relatives or groups so the unit gains some visibility. Depending on unit size, we only have between 10 and 18 weeks so for the most part we use them with family and snow birding.

Bill
 
So I've seen a lot of purported TS rentals on eBay - no idea how the financials work out for that.
 
I know there was a big thread here a few years ago about using Airbnb and working with one of the ambassadors. There are some nuances about it and I know there is a YouTube channel out there that seems to promote Airbnb as a way to rent your timeshare.
 
I list on Airbnb. This year I have rented twice
I had a 7 day reservation over Fourth of July but only managed to rent five nights. I also rented a four night reservation. I only have been successful renting time during the summer and have never found anyone renting a full week.
 
Here's what I wrote to respond to someone's HGVC forum post. I didn't really know what a HGVC "home week" is but I thought the question was general enough to respond with what I knew about renting:

-----------------------------

Curious as to what services you all use to rent your home week and your experience with that service. Thanks in advance.
Since you make mention of your "home week", I think one of your inquiries to your home resort should be whether or not they will allow you to split the week up into multiple stays. For example, a 3 night stay and a 4 night stay. Or a 5 night stay and a 2 night stay. If you are allowed to do so and can do so via paying for a "midweek cleaning" (which, for me depending on the resort, has ranged from $70 to an outrageous $250), that increases your chances of successfully renting using sites like airbnb and VRBO.

Ideally, of course, you'll be able to rent the full 7 nights to a single renter. Dedicated timeshare rental sites like Redweek, Koala, and the recently identified vakaymood may work for you. Redweek will charge to list. Koala and vakaymood will not. Redweek generates a good number of responses. I have never been contacted via koala or vakaymood.

Another timeshare rental site that used to be OK but has all but disappeared and that I, personally, would like to see resurrected is myresortnetwork. How nice it would be to have a viable competitor for Redweek, particularly in light of all the games Redweek has started playing recently. $19.95 per rental ad which compares very favorably to Redweek's $59 plus $99 "if it rents". But we'll all have to support that site in every way we can in order for it to possibly be able to better compete with Redweek.

You can also rent 7 night rentals via airbnb and VRBO but you need to be careful when you set up the ad. Make sure you set up your calendar to allow for the rental of only your week. I would also be hesitant to allow anyone to "instant book" because if you've made even the slightest mistake and can't deliver that which was instantly booked, you'll pay beaucoup bucks as an airbnb and/or VRBO penalty.

But where Airbnb and VRBO shine is in partial weeks' and last minute rentals. Most people don't want to rent for seven nights. They expect a quick getaway of a few days. So you can set up your ad with a minimum stay of three days and then perhaps adjust it after you get your first renter. For example, I rented via Airbnb my Palm Beach in Orange Beach, AL for 5 nights initially (with my ad requiring a minimum stay of three nights) and then simply changed my ad to then allow for a minimum stay of two nights...and the latter got rented same day. All seven nights were then rented. I had to pay for a midweek cleaning of $70. The per night charge was much higher than what I tried to get for a full seven nights via timeshare rental sites.

There's no reason not to try to rent on TUG. Just recognize that, in my experience, TUGgers will expect to pay next to nothing for any rental. But isn't that the nature of TUG? Timeshare owners comparing notes on how to get things dirt cheap, how to circumvent this or circumvent that, how to beat out anyone else in getting the best exchanges. That mindset will make it difficult for you to get what you might prefer to get as a person renting out your timeshare on TUG.

--------------------------------

As to airbnb and VRBO, where listing is free, I always like to "turn off" instant book. To me, most important. In that way, I can get away with mistakes I make in my listing (even if deliberate mistakes...see the next paragraph) and can simply tell the respondent, "I don't have those dates. My calendar was incorrect" (or whatever similar message) without him/her booking and paying for a week I don't have. I always want to respond to inquiries without there being an automatic booking.

The second thing that is important is "blocking" (i.e., making unavailable) most of the entire year and even the next year so that the only week that will be available is just your week. Maybe, in order to capture all nearby date searches, add a few dates before and/or after your week in case the person may have some flexibility in potential travel times.

Most of my rentals (about 80%) have been over the years Airbnb rentals. And you get the benefit of $3 million in "Aircover" insurance coverage if the tenant damages your place. In that regard, better than Redweek which has zero insurance for the owner.
 
I have tried renting a few (likely under 3) timeshares on Airbnb. The only one that has been successful was my Banff Rocky Mountain resort summer week. It has rented about 3 times easily if I can allow people to book less than the full week. Unfortunately the resort has raised the mid week cleaning fee from $200 to $500 this year which will make it less likely in the future. Oh well only 4 more years until the government does not allow the timeshare to exist anymore.
$200 is outrageous but $500???!!!
 
I know there was a big thread here a few years ago about using Airbnb and working with one of the ambassadors. There are some nuances about it and I know there is a YouTube channel out there that seems to promote Airbnb as a way to rent your timeshare.
Thanks @dioxide45 . I had questioned the authenticity and transparency of that YouTube Channel . As mentioned and questioned in this post Sue Hoyuela is behind this channel.

Taken at face value I am not of the opinion that the advice provided is genuine. Simply because all timeshares don't rent equally. While the advice provided may apply to timeshares that have a high demand market, I don't believe on the surface you can expect to rent any given timeshare. Peeling back some of the disclaimers I do believe there is a written disclaimer in her content. Basically that channel is a marketing promotion for the benefit of learning how to whatever is being sold. It just does not sound or feel realistic. I had reached out to Sue and but felt that the reply I received was evasive. Now that you mention again I may attempt another outreach.
 
Thanks @dioxide45 . I had questioned the authenticity and transparency of that YouTube Channel . As mentioned and questioned in this post Sue Hoyuela is behind this channel.

Taken at face value I am not of the opinion that the advice provided is genuine. Simply because all timeshares don't rent equally. While the advice provided may apply to timeshares that have a high demand market, I don't believe on the surface you can expect to rent any given timeshare. Peeling back some of the disclaimers I do believe there is a written disclaimer in her content. Basically that channel is a marketing promotion for the benefit of learning how to whatever is being sold. It just does not sound or feel realistic. I had reached out to Sue and but felt that the reply I received was evasive. Now that you mention again I may attempt another outreach.
I took a quick look at Ms. Airbnb Rental Strategy's website and all I can say is you can dispense with all of her many Youtube videos and spend a few minutes just preparing a theoretical Airbnb ad at the Airbnb hosting site. It's not such a big deal preparing such ad. It'll take you all of a few minutes. The most time consuming aspect may be (1) writing a description of your timeshare resort and unit and (2) uploading pictures but I would dispense with much of that since you're just familiarizing yourself with the ad placing methodology.

Again, setting up a basic ad is easy. There are just minor tweaks that you have to make after setting up such ad to address the fact that you're renting one week of the year. But even those tweaks are easy. For example, how to set up the ad to allow the public to potentially rent out only that one week rather than 52 weeks of the year?

Easy. As a host (and not as a traveler), you go to "calendar", click on "availability settings", scroll down to "availability window", and select "dates unavailable by default". Boom! In a matter of a few seconds, you've just blocked your entire calendar such that all dates for multiple years to come are unavailable. Now you can go to your precise week and unblock it. Or leave it blocked so you can play with your ad and learn about airbnb's features.

How to turn off instant book (which I consider to be very important if all you're renting is one week of the year rather than every day of the year)? On the top of the host page, hit "listings", and choose your listing. In the listing editor, scroll down to "booking settings" and make sure that you toggle out of instant book so that you achieve "Guests send reservation requests that you approve" Boom! Again, in a matter of seconds, you've made it impossible for anyone to book your listing until first contacting you for your approval.

Airbnb has made it super simple to set up a basic ad as you'll soon see by following along their "placing an ad" procedure. With the above two additional steps, you've just made a timeshare ad problem free.
 
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I might add that, in my opinion, renting out timeshares is not a viable business strategy. To me, it's a means by which a timeshare owner can, if necessary, recoup his/her maintenance fees and, hopefully with the right timeshare, exceed those maintenance fees. But, all in all, the time spent doing so properly is not worth it. And what do I mean by "doing so properly"? Trying to ward off Murphy's Law which states, "If something can go wrong, it will". And I can tell you that things often go wrong. Midweek cleanings that were never scheduled. Guest reservations that were never shared with, or at least were never input at, the front desk. Etc., etc., etc. Hence, I have to be relentless about double checking, triple checking, quadriple checking. Making myself available at check-in time so that I can respond to resort confusion or whatever.

The renting out part is easy. Dealing with resort management is the time consuming challenge. But, at least with airbnb, you get rewarded for making things go smoothly with outstanding "near 5.0" ratings (for whatever that's worth).
 
@andre10056 Will take the time to take a deeper dive into AirBnB for timeshare rentals. I might also add that I have seen that Koala also places some of their listings on AirBnb or VRBO or both?

My goal for renting is not at all for any business strategy at all. Just as you say to offset my cost of maintenance plus some gas money, beer money, spare change or whatever you want to call it. Thanks for the advice.
 
@andre10056 Will take the time to take a deeper dive into AirBnB for timeshare rentals. I might also add that I have seen that Koala also places some of their listings on AirBnb or VRBO or both?

My goal for renting is not at all for any business strategy at all. Just as you say to offset my cost of maintenance plus some gas money, beer money, spare change or whatever you want to call it. Thanks for the advice.
I think Koala only cross lists on Airbnb or Vrbo if you sign up for one of their VIP programs? That may not make sense for just one or two rentals a year.
 
Koala places ads on both IF you become their Platinum (or whatever they call it) member. For I think $399 per year. But their ads are so barebones that they can't possibly do a comprehensive ad with precise descriptions and 60, 70 pictures like I can with my ads.

In my opinion, Koala has done a MUCH better job selling their premium membership to owners rather than finding timeshare guests as I've never received an inquiry via Koala despite multiple ads.

Or let me be 100% precise. I once had a Redweek DIY inquiror who felt uneasy about not having online booking whereby the owner doesn't get paid until after the guest checks in. So I sent that person copies of both my Koala and Airbnb ads...and the person chose to go the Koala route. So of course I got an official Koala inquiry from this person who had never even heard of the existence of Koala. We consummated our rental agreement, my having to subsidize the transaction by agreeng to get $200 less and the tenants had to pay $350 more. Koala therefore got about $550 more just to act as escrow agent. But I've never received an ORIGINAL inquiry via Koala despite numerous ads and despite my having high hopes for it, especially since they're located in an area of Brooklyn I know well, having lived in Brooklyn for more than two decades.
 
While I've never tried to rent out a timeshare, I 100% agree with @andre10056 that you should NOT try and RUN A BUSINESS renting out your timeshares. The systems are now basically designed to make that as hard as possible. And I mostly get it - it works OK with fixed weeks, but with points systems they want to try and avoid a lot of the complaints from other points owners about availability because business people book up all the prime weeks at 1 second past inventory release.

So IMO - own timeshares to use them, or maybe gift a trip to a friend or family occasionally. If you can't use them regularly then divest them.
 
I might also add that Koala will conceivably only do cross listings of their barebones ads with the precise dates of your week's timeshare. But, as I mentioned somewhere above, it's not a bad idea to expand the dates of what you might have available. For example, I rented my December 20 through 27 Key West week on Airbnb to a person who was looking for December 19 as a check-in date. But I always leave a couple days "unblocked" around my precise dates in order to capture searches of people who might have a flexible schedule.

Also, if I place an airbnb ad, I can add an incentive for people to rent out all 7 nights. 10%, 12%, 15% discount, whatever. Can you do that with a Koala crosslisting? Maybe. Maybe Koala does the barebones and you can add the details. If that's the case, they've charged you $399 to save you ten minutes of work.
 
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