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Is there a way to list a unit for sale without paying an upfront fee?

etbrown4

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is there a reputable timeshare listing service other than TUG which does not charge an upfront fee"
 

C30NY

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sellmytimesharenow I believe will...but they hit you for $1500 on the backend of the deal.
 

DeniseM

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Redweek is probably the biggest classified site on the internet and they are reputable and inexpensive.

They charge a fee for membership and the Ad, but no commission on the sale.

Craigslist is also an option, and it's free - but you need to be savvy to the scammers.
 

janej

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vacationtimesharerentals.com

I even sold a week by listing with them. It took long time. But I got an offer from a broker.
 

vacationtime1

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Also: MyResortNetwork.com

Listing fee is in the $30 range.
 

rickandcindy23

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sellmytimesharenow I believe will...but they hit you for $1500 on the backend of the deal.

This is not true. They are not brokers and charge a fee for advertising on their site. I have talked to them four or five times. I told them if I could pay after the sale, and if I was successful in selling my weeks (cheaper than any other listings on their site for my resort), I would gladly brag on TUG about the success. They were not interested.

Just think of the boon to their business, if a TUG member with a lot of posts (like I have), started a thread about mysuccess on SMTN. They are either stupid, or else they know timeshares don't really sell and I would have nothing but negative to post. Your pick.
 

etbrown4

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I'm interested to know what members like Rick and Cindy or others with so many posts, think of MyResortNetwork.com or other places to inexpensively list a timeshare for sale.

Also what is the lowest cost through Tug, including all fees?

Question #2 ,,,,,,Any idea about what a class A, Week 4, one bedroom with excellent ocean views should be worth on St Thomas?
 

DeniseM

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I'm interested to know what members like Rick and Cindy or others with so many posts, think of MyResortNetwork.com or other places to inexpensively list a timeshare for sale.

I do not believe there is "one" best website - I recommend that you list it on as many cheap and free sites as you can, for maximum exposure.

Also what is the lowest cost through Tug, including all fees?

There are no fees - Tug members get 25 free Ads per year.

Question #2 ,,,,,,Any idea about what a class A, Week 4, one bedroom with excellent ocean views should be worth on St Thomas?

You should go to the popular websites, and look at the Comps, and then price your week in the bottom 10% - the top 50% will most likely never sell.
 

BocaBum99

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The first thing you need to determine is whether or not what you own has any value. If it does, then you can put in on eBay or list it with a no upfront fee broker who specializes in that timeshare. The good thing about the no upfront fee guys is that they don't make money unless they sell it, so they will let you know whether or not they can. Only problem is that most of them are focusing only on a few resort types that they know well and can sell.
 

C30NY

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This is not true. They are not brokers and charge a fee for advertising on their site..

I spoke with "Roy" yesterday after submitting an inquiry to one of their ad's. He called me since they were acting as a broker for the seller (it was a starwood property). We got into discussion, and I can not confirm if what he told me was true, but he said they do act as a full license brokerage service (if you choose to go that route, I believe this is their sister company http://www.timesharebrokerservices.com) and that they charge $1500 on the back end of the sale. He also said that Starwood refers owners looking to sell directly to them...again something I can not confirm.

Just throwing out there what I heard yesterday from a direct and rather lengthy conversation with Roy. It was only relevant to me since he said the seller would probably never take less than $1500 for a property they are handling since this it is going to cost them that much through them.

J
 

MOXJO7282

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Redweek and TUG for Marriotts in my experience are by far the best. I would assume for non-Marriotts the same would hold true but I cannot speak from experience.
 

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I spoke with "Roy" yesterday after submitting an inquiry to one of their ad's. He called me since they were acting as a broker for the seller (it was a starwood property). We got into discussion, and I can not confirm if what he told me was true, but he said they do act as a full license brokerage service (if you choose to go that route, I believe this is their sister company http://www.timesharebrokerservices.com) and that they charge $1500 on the back end of the sale. He also said that Starwood refers owners looking to sell directly to them...again something I can not confirm.

Just throwing out there what I heard yesterday from a direct and rather lengthy conversation with Roy. It was only relevant to me since he said the seller would probably never take less than $1500 for a property they are handling since this it is going to cost them that much through them.

J

They do partner with a licensed brokerage. I have also dealt with them. However, I would not recommed sellmytimesharenow to anyone as they charge an upfront fee for most of their resales which is in many (most) cases higher than the value of the timeshare.
 

DeniseM

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Even reputable brokers charge a commissionof $1,000 or more AFTER the sale, so unless you are selling a timeshare worth thousands of dollars on the resale market, it's not cost effective to use a broker. VERY FEW timeshares sell for thousands of dollars these days...

The cheapest way to sell a timeshare is to advertise it yourself, and then use a reputable closing company to handle the paperwork and $$$.

I would not use ebay - their fees are high and their selling prices are the lowest: great place to buy - terrible place to sell.
 

jefffudge

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Reputable Resellers

Go to your computer and key in LTRBA. That is the Licensed Timeshare Resale Brokers Association. The will get a commission only when sold and closed.
 

theo

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True enough, but...

Go to your computer and key in LTRBA. That is the Licensed Timeshare Resale Brokers Association. The will get a commission only when sold and closed.

I believe that the minimum LTRBA broker commission is at least $1,000, maybe even $1,500 (not certain).

While I am not suggesting that this is an unreasonable fee, we also don't really know if the specific timeshare at issue would fetch that much in the first place in the current sorry market environment.
If not, the LTRBA route may well not be the best route to pursue.

As has been stated above previously, step one is to first determine the current market value of the timeshare week at issue, based upon recent selling (i.e., not just "asking") prices. Only with that knowledge in hand can the best route be chosen for advertising, whether for $$ or in a "giveaway" offer. :shrug:
 
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Carolinian

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I have used MyResortNetwork.com several times with success.


I'm interested to know what members like Rick and Cindy or others with so many posts, think of MyResortNetwork.com or other places to inexpensively list a timeshare for sale.

Also what is the lowest cost through Tug, including all fees?

Question #2 ,,,,,,Any idea about what a class A, Week 4, one bedroom with excellent ocean views should be worth on St Thomas?
 

etbrown4

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what about TimeshareLuxury.Com?

Has anyone heard of them? Reportedly they don't charge an upfront listing fee.

Any experience that folks coul share would be great!:)
 

theo

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Never heard of 'em...

Has anyone heard of them? Reportedly they don't charge an upfront listing fee.

A "free" listing won't help you much if it's on an obscure and completely unknown site...

For $15, you can become a TUG member and then post an ad for free here. For less than $100 collective total, you can also post ads on both RedWeek and MyResortNetwork. No commissions or any other fees in any of the above identified avenues (although someone will ultimately have to pay closing costs if you find a buyer / recipient).

If your timeshare week has any market value at all (or otherwise commands any interest from a would-be recipient), I can't honestly see that you'd have to travel further than the above few sites (...or venture at all into the obscure and unknown). Your call...:shrug:
 

DeniseM

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Has anyone heard of them? Reportedly they don't charge an upfront listing fee.

Any experience that folks coul share would be great!:)

Never heard of them!

These are the popular listing sites with Timeshare owners - I suggest that you list on at least 3 of them for maximum traffic. I use the first 3 myself.

Redweek
TUG
Craigslist
My Resort Network
 
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kalua

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listing w/o an upfront fee

listen to DeniseM in post #14 ,I finally decided to get rid of some of mine,I wasn't going to pay a big fee upfront ( that's dangerous) nor was I going to pay $3500. so I listed here on tug and paid 2011-2012 maint fee and transfer fee's they were spoken for within minutes of my posting.still waiting on wyndham to transfer the last one . that is the cheapest way I could figure to get rid of them w/o holding on to them .
 
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