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Need Help with Renting my Hyatt TS

shawnielauer

TUG Member
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Resorts Owned
Hyatt High Sierra Lodge
I have owned at Hyatt High Sierra Lodge for many years, but never tried renting. I want to try it this year. Can anyone tell me how to rent your deeded week? Best place to post rental ad? Best protocol to protect yourself and give the renter peace of mind. How to choose price point? Anything else important I may not be considering since I've never done it. I appreciate in advance hearing from those of you who have done this successfully.
My week is a Thanksgiving week. Thanks!
 

jjking42

TUG Member
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Location
TX
Resorts Owned
Hyatt Pinion Pointe, Westin Kierland, Wyndham Canterbury, Wyndham Flagstaff
Look at the stickies in the buying selling renting forum


Sent from my iPhone using Tapatalk
 

heathpack

Tug Review Crew: Rookie
TUG Member
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Location
Los Angeles
Resorts Owned
Hyatt High Sierra and Highland Inn
Disney’s Grand Californian and Hilton Head Island
Marriott Barony Beach and Mountainside
Sheraton Broadway Plantation
I rent my Timeshares in various places:
RedWeek for my Marriott
Craigslist Orange County for my Disney Vacation Club Grand Californian, or I use a broker
Rent to a friend through word of mouth or Facebook
TUG marketplace once for a 4 night High Sierra reservation I couldn’t use, I had that one listed on Craigslist too if I recall

Agree with reading the stickies on renting. I use a rental contract and ask for payment via cash, personal check or money order.
 

AJCts411

TUG Member
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Resorts Owned
Hyatt Sunset x 2
Used Redweek and Tug marketplace, I use a contract, with a (I think) fair cancellation policy, (I'm not Walmart or Hyatt) and take a deposit. Paypal account to use Credit cards. Get a deposit to cover your cancellation costs (guest certificates, new add, etc.) and payment in full at least 60 days in advance. The 60 days seems to shut down the scamsters who use and file a CC complaint ,or cancel and complain needlessly.
 

northjerseyjim

TUG Member
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Jun 24, 2016
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Location
East Hanover, NJ
Resorts Owned
The Wellington (Newport, RI), Hyatt Residence Club Coconut Plantation (Bonita Springs, Fl), Inn on Long Wharf (Newport, RI)
Would you consider renting it for the cost of your Maintenance fees?

Jim
 

shawnielauer

TUG Member
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Jun 24, 2018
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Resorts Owned
Hyatt High Sierra Lodge
Look at the stickies in the buying selling renting forum


Sent from my iPhone using Tapatalk
Thank you. The whole section on renting is quite helpful with a pretty decent sample contract.
 

shawnielauer

TUG Member
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Hyatt High Sierra Lodge
Used Redweek and Tug marketplace, I use a contract, with a (I think) fair cancellation policy, (I'm not Walmart or Hyatt) and take a deposit. Paypal account to use Credit cards. Get a deposit to cover your cancellation costs (guest certificates, new add, etc.) and payment in full at least 60 days in advance. The 60 days seems to shut down the scamsters who use and file a CC complaint ,or cancel and complain needlessly.
Have you ever use the Redweek full service for $60 and have them take care of the contract, payment etc? Not sure if it is worth it or better to create your own contract. What is your cancellation policy and deposit amount? Thanks for the tips.
 

shawnielauer

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Hyatt High Sierra Lodge
Would you consider renting it for the cost of your Maintenance fees?

Jim
Well, I haven't checked on going rates as yet and were hopeful it would rent for a bit more, but if I need to rent it for Maint fees (plus any other fees associated with guest transfer) to get it rented, I would.
 

AJCts411

TUG Member
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Resorts Owned
Hyatt Sunset x 2
Have you ever use the Redweek full service for $60 and have them take care of the contract, payment etc? Not sure if it is worth it or better to create your own contract. What is your cancellation policy and deposit amount? Thanks for the tips.
I only use redweek to advertise and used paypal to accept the payment. I'll pm you with a contract I use, but basically a deposit to cover my costs if the renter cancels,
 

heathpack

Tug Review Crew: Rookie
TUG Member
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Location
Los Angeles
Resorts Owned
Hyatt High Sierra and Highland Inn
Disney’s Grand Californian and Hilton Head Island
Marriott Barony Beach and Mountainside
Sheraton Broadway Plantation
Have you ever use the Redweek full service for $60 and have them take care of the contract, payment etc? Not sure if it is worth it or better to create your own contract. What is your cancellation policy and deposit amount? Thanks for the tips.
To me, the profit margins on renting Timeshares are small enough that paying someone else to do it for me doesn’t make tons of sense. I guess it depends on how much over MF you think you could rent for. If it’s only $100 or $200, it’s tough to justify a $60 fee, which works out to be 30-60% of your potential profits. Maybe it starts to make sense if you’re looking at $500-600 over MF.

I have the impression that Thanksgiving in Tahoe is a low-demand week. I’ve never looked deeply into it, so I could be wrong. However if I’m right, you might need to price this pretty competitively, which means little profit for you and that makes it hard to justify the Redweek full service fee.
 

northjerseyjim

TUG Member
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Location
East Hanover, NJ
Resorts Owned
The Wellington (Newport, RI), Hyatt Residence Club Coconut Plantation (Bonita Springs, Fl), Inn on Long Wharf (Newport, RI)
Feel free to contact me if you swing in that direction. I would be willing to pay your m/f plus all associated additional fees.

Thanks.
 

shawnielauer

TUG Member
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Resorts Owned
Hyatt High Sierra Lodge
Feel free to contact me if you swing in that direction. I would be willing to pay your m/f plus all associated additional fees.

Thanks.
Are you still interested in renting my Thanksgiving week Hyatt High Sierra Lodge timeshare for maintenance fees and any associated costs?
 

northjerseyjim

TUG Member
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Location
East Hanover, NJ
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The Wellington (Newport, RI), Hyatt Residence Club Coconut Plantation (Bonita Springs, Fl), Inn on Long Wharf (Newport, RI)
already rented another could you swap it for someplace next July/August ?
 

shawnielauer

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Hyatt High Sierra Lodge
I can't swap at this point. Booked my reserved week. Thanks for your reply!
 

DeniseM

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Friendly reminder: Buying/selling/renting/trading are not permitted in the discussion forums, except for the designated forums and the TUG Marketplace.
 
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