Renting on Redweek

[NadaLuddite]

Have been looking for a Marriott timeshare at another resort (then one where I own) to rent at Redweek and see that a broker has several listings for Marriott propertie. Says he’s been a member for 10 years. I’ve looked for reviews on him and found nothing except for this which has the name of his company - https://www.redweek.com/forums/messages?thread_id=20270&message_id=70342&query=Jwb vacations#fm70342. Redweek says they havent had any fraud complaints about him.

What is the best way for me to find out if he's legit - ask for a copy of the confirmed reservation at the resort? Plan to ask him to give me the name of the owner so I can check the reservation with Marriott, if he refuses, Wd that be a red flag? Thank you!

 

[DeniseM]

How to verify that a rental is Legit: https://tugbbs.com/forums/threads/h...ntal-is-legit-when-you-are-the-renter.109479/

 

[NadaLuddite]

Thanks, @DeniseM! I thought I already read those tips but had a good read of the entire thread again and saw how valuable all the additional tips were! Thanks @TUGBrian for the numerous bumps over the years, no one can be too careful. It’s almost like a game where you have to keep trying to outwit the scammers from the latest schemes out there. Hopefully it all checks out and we’ll hv a happy ending of a memorable family vacay!

Did you get a chance to read the Redweek link, did anything make you think something didn’t sound right? I thought the few good feedback was encouraging but then again, what if those were planted? I wd def hv to ask for a recent references that I cd verify if this guy is really as busy as he makes himself to be.

 

[AJCts411]

When I rent out a week, I ask for a small deposit, (less than 10%) and send the guest certificate in the renters name and allow them 3 days to call (resort) and confirm themselves the reservation before they pay the balance. Not implying your dealing with a fraudster, but I don't know how one can be 100% safe from fraudsters. I don;t give those positive feedback much weight, just too easily manipulated.

 

[The Colorado Kid]

Is the listing Verified and Protected by Redweek? I believe that gives you some additional protection.

 

[Cyberc]

Is the listing Verified and Protected by Redweek? I believe that gives you some additional protection.

Problem with the verified and protect is that it comes with a significant mark up in price from redweek. I've seen ads with more than a 10% markup, the markup is both tax and service fee.

 

[The Colorado Kid]

Problem with the verified and protect is that it comes with a significant mark up in price from redweek. I've seen ads with more than a 10% markup, the markup is both tax and service fee.

Good point...my experience renting my weeks out on Redweek is I always use V&P and normally successfully book all weeks. There must be an audience for it is my conclusion. I've never understood folks who venmo/paypal/zelle strangers thousands of dollars with little recourse if something goes awry but this is just me...I am NOT passing judgement on anyone who rents differently

 

[DRH90277]

I'm very happy with Redweek's "Verified and Protected" approach as it protects both the owner and the renter. I actually like the idea of Redweek collecting the rent upfront and holding it until after check-in before remitting to me. I also like that Redweek collects and pays over local taxes and resort fees thus relieving me of this.

Of course, the owner can go solo on this, have a flexible payment schedule, worry about collecting, collect and pay over the taxes (or not), etc. They can even evade the taxes and give the renter a break and assume the risk (bad idea). Should the transaction go bad, Redweek follows the contract.

By the way, today Redweek deposited $6,500 for rentals started last Saturday. Great confidence in the Redweek approach.