I am beating a decided issue, my thoughts-Maximum asking price in public posts is $800/week or $115/day

[Panina]

I know, I am beating an issue that is decided. Just my thoughts.

Recently realized I had a winter week in an HGVC Marco Island Resort that I wasn’t going to use. I ended up depositing it in HGVC for the points but would have been just as happy offering it to a Tugger for my maintenance fee in the $1100 range. A big rental bargain for a winter week. I am not comfortable renting my weeks in the marketplace. Here on tug I know how long someone has been here, pretty simple.

I hope one day tug will reconsider again a change. Maybe a separate rental thread that shows more then $800 but equal or less then the maintenance fee. It would be a nice option for members without a profit being made. I am not willing to lose money offering it for $800 when I can get many points in HGVC but would be happy another tugger could use it at a break even point.

 

[goaliedave]

I didnt know there was a rental thread i agree with you, offering weeks = MF seems like a useful service.

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[Panina]

I didnt know there was a rental thread i agree with you, offering weeks = MF seems like a useful service.

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If you look at the forum list you will see this

 

[SmithOp]

You could have listed it in Sightings/Distressed as a distress listing, those you can negotiate in private for mf cost.


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[Panina]

Y

You could have listed it in Sightings/Distressed as a distress listing, those you can negotiate in private for mf cost.


Sent from my iPad using Tapatalk Pro

Those aren’t the tug rules so I chose not to.

 

[Sandy VDH]

Abused, trashed, flogged and dead. D - E - A - D. Dead.

Hey we got a $100 a week increment this past year. The only change in how long??

There is what it was originally intended for, and what Brian TUG wants to maintain, and that is a place for people who are stuck who want to recover something (not the full value), for a week they are going to lose.

But there is also a camp that thinks the rates could be more for higher tiered properties and unit sizes, thus allowing people to recover their costs, at least.

Then there is what it has turned out to be, a rental location that gets more eyes and action than the Want Ads, and people use it as a regular rental location, and operate at the $$ levels allowed. What this has just done, IMHO ONLY, is that it has trained people to ASK for, EXPECT, and occasionally DEMAND top tier resorts for cost or many time LESS than MF costs. This LMR concept made way more sense when we were a fixed week TS world. In a point world it makes less sense to me at least. Now I can cancel a point reservation 30 or 15 days prior to rental if it is not confirmed. I don't have a fixed week at risk.

 

[WVBaker]

Abused, trashed, flogged and dead. D - E - A - D. Dead.

Hey we got a $100 a week increment this past year. The only change in how long??

There is what it was originally intended for, and what Brian TUG wants to maintain, and that is a place for people who are stuck who want to recover something (not the full value), for a week they are going to lose.

But there is also a camp that thinks the rates could be more for higher tiered properties and unit sizes, thus allowing people to recover their costs, at least.

Then there is what it has turned out to be, a rental location that gets more eyes and action than the Want Ads, and people use it as a regular rental location, and operate at the $$ levels allowed. What this has just done, IMHO ONLY, is that it has trained people to ASK for, EXPECT, and occasionally DEMAND top tier resorts for cost or many time LESS than MF costs. This LMR concept made way more sense when we were a fixed week TS world. In a point world it makes less sense to me at least. Now I can cancel a point reservation 30 or 15 days prior to rental if it is not confirmed. I don't have a fixed week at risk.

It's been said that, perhaps if you change the way you look at things, the things you look at change.

 

[Sandy VDH]

It's been said that, perhaps if you change the way you look at things, the things you look at change.

And to influence others, you need them to see your point of view, or change is not possible either. We all just have different perspectives. However it is NOT my sandbox that we are playing in. Sandbox owner rules apply. LOL

 

[Panina]

It's been said that, perhaps if you change the way you look at things, the things you look at change.

And nothing is permanent, change always happens, sometimes sooner, sometimes later. In all situations Discussion can create new ideas that may work.

 

[chapjim]

It's been said that, perhaps if you change the way you look at things, the things you look at change.

I for one would like to be able to list multi-BR weeks for more than the current limit. I also understand that Brian is the burning bush. He cut us a little slack a few months ago and is not likely to do so again for some time.

Any kind of scale to take into account the maintenance fee, or number of bedrooms, or quality of resort (however that might be measured) would make it nearly impossible to monitor the forum.

LMR has utility as it is. If an owner wants more for the reservation, there are lots of places to list. I find the Wanted section to be annoying at times with people asking for penthouse suites at the Ritz-Carlton on a forum where an owner can't list for more than $800/week.

 

[alwysonvac]

Abused, trashed, flogged and dead. D - E - A - D. Dead.

Hey we got a $100 a week increment this past year. The only change in how long??

And we are extremely thankful that we were given the $100 increase.

TUG Brian made it very clear that all other ads should be placed in the TUG Marketplace. But I agreed with the downsides pointed out by Panina and Sandy VDH.

Just thinking out loud ... is it possible to create an addition “AD TYPE“ called TUG MEMBER EXCLUSIVES that can be filtered in the TUG Marketplace. We could indicate our TUG member name and state “please start a TUG conversation with me“ in the body of the ad. This way all contact is made via PM to confirm the TUG Member’s identity.

TUG members would have to check the TUG MARKETPLACE on a regular basis but it would provide a way to quickly scan these exclusive ads.

NOTE: The current “Ad Types” are listed below.

 

[Sandy VDH]

I find the Wanted section to be annoying at times with people asking for penthouse suites at the Ritz-Carlton on a forum where an owner can't list for more than $800/week.

I don't even waste my time and look to see if I can match a post. Why, because I have said to posters I have what they want, but not at LMR pricing. When I offer my price, they get upset it is not at bargain basement pricing.

Unrealistic expectations on some of those requests. "That's a bit of an an understatement, Mister" (using british voice when quoting. LOL

 

[Panina]

Making an assumption that Brian wouldn’t do something new is wrong. He has changed lot of things based on discussion. If he feels something is appropriate I believe he will give it consideration. I agree with most of what he does and when I don’t I respect his decision, he has insight that I might not have.

I brought this discussion up because I really would have wanted a tugger to get use, but as it is now, it is hard to make it just for tuggers. It’s a discussion, that has already brought up a few new ideas. The more ideas the more chance for something new.

 

[chapjim]

Making an assumption that Brian wouldn’t do something new is wrong. He has changed lot of things based on discussion. If he feels something is appropriate I believe he will give it consideration. I agree with most of what he does and when I don’t I respect his decision, he has insight that I might not have.

I brought this discussion up because I really would have wanted a tugger to get use, but as it is now, it is hard to make it just for tuggers. It’s a discussion, that has already brought up a few new ideas. The more ideas the more chance for something new.

No one is assuming anything. From the time it took for him to bump the LMR limit and from what he has said about keeping the spirit of LMR as it was intended, I think it is safe to infer that he will not likely raise the limit again in the near future.

While the fees for Marketplace ads are ridiculously low, I presume it is a source of revenue that has some value to Brian. Raising the limits on LMR or creating some (free) intermediate forum would only reduce that revenue.

 

[Grammarhero]

Given that MF increases averages at 4 percent per year, I’m comfortable with the daily rent rates increasing $5/day/yr or $35/week/yr. For example, I’d be okay with daily rent rates increasing to $120/day this year, $125/day in 2021, $130/day in 2022, and so on.

Not up to me though, but the big guy.

 

[BJRSanDiego]

I think that Brian's approach make sense. For those people who want to, need to or can justify to charge more, then they should use one of the various other mechanisms: the Tug2 marketplace, Redweek, Craig's List, etc. But the bargain rentals are unique.

What is unique about the bargain rentals is the price point and the short time frame. If the bargain rental prices were to approach the asking price on Tug2 market place, then what is the difference ? and why have a Tug2 market place at all? If people are lamenting that they should be able to ask a higher price, then they should use Tug2 marketplace or another alternative. Don't change the bargain rentals.

One indicator of whether or not the bargain rentals are too low is to look at the volume of postings. If they dry up, then perhaps they are too low.

From another perspective, imaging that the bargain rental prices are raised to $1000. That is the amount that most renters would ask. But for some properties (e.g., Minnesota Breezy point, London Bridge at Lake Havasu, Lagunita Lodge at Big Bear Lake), they can be rented on-line for roughly $100 a night. So where would these owners advertise?

So I suggest that Brian "stay the course".

 

[Travel1]

I think that Brian's approach make sense. For those people who want to, need to or can justify to charge more, then they should use one of the various other mechanisms: the Tug2 marketplace, Redweek, Craig's List, etc. But the bargain rentals are unique.

What is unique about the bargain rentals is the price point and the short time frame. If the bargain rental prices were to approach the asking price on Tug2 market place, then what is the difference ? and why have a Tug2 market place at all? If people are lamenting that they should be able to ask a higher price, then they should use Tug2 marketplace or another alternative. Don't change the bargain rentals.

One indicator of whether or not the bargain rentals are too low is to look at the volume of postings. If they dry up, then perhaps they are too low.

From another perspective, imaging that the bargain rental prices are raised to $1000. That is the amount that most renters would ask. But for some properties (e.g., Minnesota Breezy point, London Bridge at Lake Havasu, Lagunita Lodge at Big Bear Lake), they can be rented on-line for roughly $100 a night. So where would these owners advertise?

So I suggest that Brian "stay the course".

I agree with BJRSanDiego. LMR seems to be working for now...otherwise listings would have dry up. There are other forums/sites to list for more.

 

[bocamike]

I also agree with BJRSSanDiego. In 2020 I rented 3 weeks for 900-1100 through other avenues. I liked knowing that if I hit the 45 day mark I would have the option to reduce prices and move them to LMR. Personally I feel if the price limit on LMR gets raised it defeats the purpose.

Mike

 

[Panina]

I like the LMR concept, wasn’t even looking to change that. Those looking for low priced rental, it is easy to see and know price limit.

I was thinking another category LMR higher then $800 but less then or equal to maintenance fees. I like @alwysonvac idea in the marketplace to add AD TYPE“ called TUG MEMBER EXCLUSIVES. I personally either will let the resort rent for me or want to know something about who I rent to.

Today I had to cancel another week in HGVC Marco Island because I have the flu. Again for $1100, my mf cost, I believe a tugger would want it but I has no way to gear it to tuggers, I instead deposited the points.

 

[A.Win]

I personally like the idea of seeing listings that are under MFs only. This is a better indication of a bargain than simply being under $800.
I prefer seeing a $1,000 Disney/Marriott vs. an overpriced $800 low tier property.
This is easy to enforce. Most of us are very knowledgeable about MFs, so listings that exceed MFs would be quickly noted and discouraged.

 

[DeniseM]

You could have listed it in Sightings/Distressed as a distress listing, those you can negotiate in private for mf cost.

NOPE - Sightings and Distressed is for EXCHANGES only.

 

[chapjim]

I think that Brian's approach make sense. For those people who want to, need to or can justify to charge more, then they should use one of the various other mechanisms: the Tug2 marketplace, Redweek, Craig's List, etc. But the bargain rentals are unique.

What is unique about the bargain rentals is the price point and the short time frame. If the bargain rental prices were to approach the asking price on Tug2 market place, then what is the difference ? and why have a Tug2 market place at all? If people are lamenting that they should be able to ask a higher price, then they should use Tug2 marketplace or another alternative. Don't change the bargain rentals.

One indicator of whether or not the bargain rentals are too low is to look at the volume of postings. If they dry up, then perhaps they are too low.

From another perspective, imaging that the bargain rental prices are raised to $1000. That is the amount that most renters would ask. But for some properties (e.g., Minnesota Breezy point, London Bridge at Lake Havasu, Lagunita Lodge at Big Bear Lake), they can be rented on-line for roughly $100 a night. So where would these owners advertise?

So I suggest that Brian "stay the course".

Given that MF increases averages at 4 percent per year, I’m comfortable with the daily rent rates increasing $5/day/yr or $35/week/yr. For example, I’d be okay with daily rent rates increasing to $120/day this year, $125/day in 2021, $130/day in 2022, and so on.

Not up to me though, but the big guy.

That's right. Brian has shown no inclination to index LMR to anything.

 

[tschwa2]

It's a combination of keeping the LMR listings fewer in number, keeping the prices relatively low, and making it easy to moderate.
My older suggestion was to have one max price for studios and 1 BR, one for 2BR and one for larger than 2 BR and/or a higher cost for weekends but that was batted down for requiring too much for the moderators to keep track of.

At this point I am happy that it has gone up to $800 vs $700.

I disagree that everyone will automatically up their prices. Must Tuggers know market value. Most of my listings are for under $650. The current price restrictions benefit those with smaller units or those that can book smaller and less expensive units (and they can book specifically to rent on the LMR board and make profit) vs those who have larger and higher priced units.

 

[alwysonvac]

I like the LMR concept, wasn’t even looking to change that. Those looking for low priced rental, it is easy to see and know price limit.

I was thinking another category LMR higher then $800 but less then or equal to maintenance fees. I like @alwysonvac idea in the marketplace to add AD TYPE“ called TUG MEMBER EXCLUSIVES. I personally either will let the resort rent for me or want to know something about who I rent to.

Today I had to cancel another week in HGVC Marco Island because I have the flu. Again for $1100, my mf cost, I believe a tugger would want it but I has no way to gear it to tuggers, I instead deposited the points.

Instead of TUG MEMBER EXCLUSIVES, I like to suggest one of the following to prevent different interpretations

1. ”FOR TUG MEMBERS ONLY - MF RATE OR BELOW”
2. “EXCLUSIVE OFFER FOR TUG MEMBERS ONLY - MF RATE OR BELOW”
3. ”OFFERING TO ACTIVE TUG MEMBERS ONLY - MF RATE OR BELOW”

 

[jbiza]

I also agree with BJRSanDiego.

LMR is a thread I enjoy viewing as there may be a REALLY good deal on a nice resort on short notice for WHATEVER REASON it was offered. The renter happens to get a good deal when that deal happens & I like to see that from time to time.

It's interesting that it's often discussed in the forum on how to buy at good prices, & how to get the best deals on timeshares when we individually are purchasing, so by analogy ( even though it's LMR's), it's OK from time to time for SOMEONE ELSE to sort of have gotten a little better deal than it may have been for me, even if the resort "could" command a higher price compared to what is being requested. Exigent circumstances & short notice are reasons I see make sense for the really good price.

Now that I think about it , it would have been really cool to have seen the HGVC Marco Island Resort that was initially mentioned, in the LMR's for an amount within the CURRENT LMR requested amounts.

It's sort of paying it forward.