• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Renting a timeshare week - newbie question

taxman1224

TUG Review Crew: Veteran
TUG Member
Joined
Feb 5, 2012
Messages
4
Reaction score
0
Points
0
I am renting a Marriott week in Hawaii to a person via a rental posting on this site.
We have agreed to price.

Never done this before.....Now what?

What is next step in this process? How do I get that person on the reservation and how do I get paid with confidence - both his and mine?

Help
 

WinniWoman

TUG Review Crew: Veteran
TUG Member
Joined
Jul 16, 2010
Messages
10,948
Reaction score
7,204
Points
749
Location
The Weirs, New Hampshire
Resorts Owned
Innseason Pollard Brook
Ask him to send you a small deposit. Then, put the reservation in his name and send him the copy of it from the resort. Then have him give you about half payment and then have him give you the other half in a time frame you agree upon before the check-in date. There are also generic contracts I believe on this site that you can also use. Or, just use e-mails.

I have never rented my timeshare, but I have been the person renting from an owner and the 3 different people I rented from did it in different variations of the above.
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,929
Reaction score
9,460
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
No offense, but I would not give the person a long time frame to make the 2nd payment. Do you really want to finance their travel insurance?

This is what I do-

First - state all the rental terms upfront, in an email, and ask the renter to agree to them by return email. (Or use a contract.)

Then-
1) Ask for a $100 deposit (I use Paypal exclusively)
2) Put the Resv. in the renter's name and have the resort issue a new reservation - send it to the renter.
3) Give the renter the info. they need to call and verify the Resv.
4) Make the final payment due within 48 hours

The ONLY reason to give someone more time, is to give them time to change their mind. Instead, advise them right up front that you recommend travel insurance. If they don't have the money to pay it all upfront, or a credit card to charge it on - that's an excellent reason to move on to someone else. If they don't have the money now - they are good candidates not to have the money later, either.

More info. - http://www.tugbbs.com/forums/showthread.php?t=109479
 
Last edited:
Top