HRA Resale

[Tyronie]

I’m sure this has been rehashed over the years with much chagrin. But what is the most painless way to offload my platinum fixed January 1 bed premium unit at HRA? I understand there’s no value but that the lawyer transfer fees are killer. I’ve had it for years and never been to HRA but made great use of the star options at WKROV every year. But now realizing that for Vistana properties Maui is the only place we go, I’m trying to economize some of our annual dues.

 

[sponger76]

I’m sure this has been rehashed over the years with much chagrin. But what is the most painless way to offload my platinum fixed January 1 bed premium unit at HRA? I understand there’s no value but that the lawyer transfer fees are killer. I’ve had it for years and never been to HRA but made great use of the star options at WKROV every year. But now realizing that for Vistana properties Maui is the only place we go, I’m trying to economize some of our annual dues.

Sorry to say, but you're in a very tough situation. Even giving it away and offering to cover all the transfer fees, it's hard to find a taker these days for Harborside at Atlantis. You could of course list it on the TUG Marketplace and Free Timeshares forum, as well as on Redweek or eBay. Although the maintenance fee levels are insane and the high legal cost of transferring ownership scares a lot of people off, it's still a great resort to actually stay at. I wish you all the best in re-homing your deed.

 

[Hindsite]

Russell Kanner has a website called thetimeshareking and says he helps people dispose of HRA. I don't have a recommendation for him so check him out carefully before you proceed.

 

[dioxide45]

The most painless way? Do what everyone else is doing and stop paying the maintenance fees. That is why the fees have gotten so high. People stop paying and the other owners have to cover their bad debt. Then more stop paying and the death spiral continues. Marriott Vacations is going to have to step in at some point to remedy this problem. It is not sustainable. I don't know what the solution is and I suspect they don't have any ideas either.

 

[emeryjre]

It all depends on which fixed actual week you have
On Redweek,
there are weeks where all closing costs will be paid by the current owner
I mean ALL closing costs
The buyer is only responsible for paying the 2027 maintenance fees

If you have a fixed week 52 you may be in a situation where your unit has some value

Russell Kanner is extremely knowledgeable about Harborside Units
His ethics and truthfulness are second to none
Russell also does rentals for Harborside, and he can tell you if your unit has high rental demand
I have dealt with him on many occasions and have no problem recommending him as someone to discuss the situation with

If you have other units in the Vistana/Marriott family, walking away could create a problem using your other units
I am not familiar with the current rules

 

[andre10056]

Wow. 1 BR's maintenance fee is something like $2600, the resort transfer fee is over $2000. I just can't imagine that anyone would be willing to "buy" your timeshare (for even a nominal amount of $1) unless you as seller pay ALL of the following:

-the 2026 maintenance fee with the "buyer" enjoying this year's free use

-the $2000 plus resort transfer fee

-the cost of the title transaction, whatever may be the appropriate title transaction fee for a Bahamas timeshare

And that's precisely what resulted in some sales on ebay, as follows (I did a search for completed transactions):

Harborside Resort at Atlantis for sale | eBay

Get the best deals for Harborside Resort at Atlantis at eBay.com. We have a great online selection at the lowest prices with Fast & Free shipping on many items!

www.ebay.com

The sales transactions appear as well as rental transactions.

Unless you're willing to do that at a minimum, I don't see how that can "sell". Actually, the "buyer" may be someone who will just use your timeshare this year (after all, it's free) with no intention of ever making a payment thereafter. But that's not your concern.

The rental market might be good, though.

Good luck.

 

[Tyronie]

I got this HRA on the cheap with seller paying the lawyer closing years ago. For 81k SO that I use annually at WKORV it’s not a huge yearly loss for us. I would pay for the closing, etc. but am thinking it may just be worth paying the stupid MF and take the SO each year as it would take years to make up the cost of getting rid of this ownership. And with our other Westin ownerships wouldn’t want to take a chance of not paying the MF. Perhaps one day there will be a reckoning with the non paying owners at HRA, and we could more easily figure out how to separate from HRA. I guess for now we will keep paying this and see what happens. Thanks everyone for your input.