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SA Resales

R

rwroth

TUG Member
Joined
Jun 6, 2005
Messages
106
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0
Location
Chapel Hill, NC
Has anyone had any success in selling their SA unit recently? Is the market really as bad as I'm being told? I was told (Arrowhood) that my "take home" (after fees, taxes, etc) for a 2BR, wk 48 at Glenmore Sands would be R2500 ($309) and a 1BR, wk 3 at Sudwala would be R1500 ($186). Both are less than the annual maintenance fees !!
 
Many, many units here in the US are selling for $1...way below the annual fees. I have a SA week that I can't give away. And while it's not a tiger, it's not a total dog either.
 
rwroth said:
Has anyone had any success in selling their SA unit recently? Is the market really as bad as I'm being told? I was told (Arrowhood) that my "take home" (after fees, taxes, etc) for a 2BR, wk 48 at Glenmore Sands would be R2500 ($309) and a 1BR, wk 3 at Sudwala would be R1500 ($186). Both are less than the annual maintenance fees !!
Click to expand...

Arrowwood will probably not guarantee those figures. Ask them. If you clear $100 you'll be lucky. Times are tough. Disposable income is down.
 
rwroth said:
Has anyone had any success in selling their SA unit recently? Is the market really as bad as I'm being told? I was told (Arrowhood) that my "take home" (after fees, taxes, etc) for a 2BR, wk 48 at Glenmore Sands would be R2500 ($309) and a 1BR, wk 3 at Sudwala would be R1500 ($186). Both are less than the annual maintenance fees !!
Click to expand...

If you can sell them for those prices I'd jump on it like a duck on a june bug. As others have posted, resale prices are at an all time low with many weeks not even getting offers of $1.

It's a bad time to sell but a good time to buy.
 
I may try

to relieve myself of Bushman's Nek. Considering the special assessment, mf of about $260 US and the fact that RCI's "enhancements" limit the size of the units my sleeps 4 studio will snag, I think it's time.

Other than listing with the resort, TUG or ebay, does anyone have other sources that would be a good place to list that might actually produce a sale?
 
Anyone who used Arrowwood to sell their week: did you have trouble receiving the net proceeds at the end of the sales?
 
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