Timeshare by owner

[BSTA57]

Anyone has experience with renting with Timeshare by owner?

 

[DRH90277]

Anyone has experience with renting with Timeshare by owner?

Is Timeshare by owner the name of a listing company or are you asking whether any experience by timeshare owners in renting timeshares?

In any case, I've had the most success in renting by listing on Redweek.com, an under $20 annual membership fee. I don't know of any listing service with more Timeshare listings for rental and/or sale. It's been good for us and we've had lots of rentals over the years. They also have different listing options from self-serve to full service. If nothing else, you will have a good view of the rental market for various timeshare properties.

Good luck!

 

[BSTA57]

Is Timeshare by owner the name of a listing company or are you asking whether any experience by timeshare owners in renting timeshares?

In any case, I've had the most success in renting by listing on Redweek.com, an under $20 annual membership fee. I don't know of any listing service with more Timeshare listings for rental and/or sale. It's been good for us and we've had lots of rentals over the years. They also have different listing options from self-serve to full service. If nothing else, you will have a good view of the rental market for various timeshare properties.

Good luck!

Yes, it is a listing company, concierge style. thanks for replying

 

[RX8]

Echoing @DRH90277 Are you looking to rent out your timeshare or looking to rent a week for your use?

Timeshares by Owner is an advertising/listing company. They supposedly connect timeshare owners with potential buyers and renters. They have been around a long time but that doesn’t mean they are 100% trustworthy.

As a timeshare owner looking to sell or rent their timeshare - In my opinion, a waste of money. Not an easy website to navigate with MANY ridiculously priced timeshares. I tried to use the filter setting dollar limits and that filter doesn’t work on my phone. All advertising companies charge a lot of money for “marketing”. The higher the selling price, or rental price, the less that large upfront fee seems unreasonable to the timeshare owner. As an example, there is a “featured” ad for Jockey Club that is being offered for $52,900. This is for a timeshare that is difficult to give away. Looking at complaints on the BBB, this company continuously calls their customers asking for MORE money for additional marketing services. I suspect they charged the Jockey Club customer even more thousands to move their $52,900 timeshare to featured status. That alone says a lot about this company’s ethics. They are supposedly based in Florida according to the BBB (they don’t list an address on their website). Florida statutes requires certain disclosures by Florida advertising companies and I could find no disclosures at their website. Lastly, here is a complaint on the BBB:

“I paid Timeshares by Owner $999 on 3/29/2022 after they made grand promises to rent my 4 timeshares. In the year since, they called me with a few offers, and this one is the best they gave me: a rental for a timeshare I DID NOT OWN, for a 2 bedroom room at a ridiculous rate and to be booked within one month. Absurd! They take your money and do nothing! I am 75 yrs. old and worked hard for my money throughout my life. They only want to take my money.”

I am convinced some scam advertising companies forward bogus offers to their customers. Not saying that is true here but it would not surprise me in the least.

As a potential renter - you are dealing with timeshare owners. You may have to sort through these crazy, unrealistic prices to find something that makes sense. You can also make an offer. Hard to tell what Timeshares by Owners does beyond connecting owners with potential customers, especially with no disclosures at their website, but they don’t charge commissions so I suspect they do very little, or nothing at all.

 

[BSTA57]

Echoing @DRH90277 Are you looking to rent out your timeshare or looking to rent a week for your use?

Timeshares by Owner is an advertising/listing company. They supposedly connect timeshare owners with potential buyers and renters. They have been around a long time but that doesn’t mean they are 100% trustworthy.

As a timeshare owner looking to sell or rent their timeshare - In my opinion, a waste of money. Not an easy website to navigate with MANY ridiculously priced timeshares. I tried to use the filter setting dollar limits and that filter doesn’t work on my phone. All advertising companies charge a lot of money for “marketing”. The higher the selling price, or rental price, the less that large upfront fee seems unreasonable to the timeshare owner. As an example, there is a “featured” ad for Jockey Club that is being offered for $52,900. This is for a timeshare that is difficult to give away. Looking at complaints on the BBB, this company continuously calls their customers asking for MORE money for additional marketing services. I suspect they charged the Jockey Club customer even more thousands to move their $52,900 timeshare to featured status. That alone says a lot about this company’s ethics. They are supposedly based in Florida according to the BBB (they don’t list an address on their website). Florida statutes requires certain disclosures by Florida advertising companies and I could find no disclosures at their website. Lastly, here is a complaint on the BBB:

“I paid Timeshares by Owner $999 on 3/29/2022 after they made grand promises to rent my 4 timeshares. In the year since, they called me with a few offers, and this one is the best they gave me: a rental for a timeshare I DID NOT OWN, for a 2 bedroom room at a ridiculous rate and to be booked within one month. Absurd! They take your money and do nothing! I am 75 yrs. old and worked hard for my money throughout my life. They only want to take my money.”

I am convinced some scam advertising companies forward bogus offers to their customers. Not saying that is true here but it would not surprise me in the least.

As a potential renter - you are dealing with timeshare owners. You may have to sort through these crazy, unrealistic prices to find something that makes sense. You can also make an offer. Hard to tell what Timeshares by Owners does beyond connecting owners with potential customers, especially with no disclosures at their website, but they don’t charge commissions so I suspect they do very little, or nothing at all.

I am a owner with Capital Vacation, I have a lots of points to be use in a lots of different resorts. So its not one location like it seems to be the case in that example, but the fact that there is more resorts to chose from might not be better either, how do they know after they get a lead that I have options in those resorts. and because its a one time fee for life ( for renting, sales is different I believe) I wonder what is the motivation to rent my points once I have paid my fee?

 

[RX8]

I am an owner with Capital Vacation, I have a lots of points to be use in a lots of different resorts. So its not one location like it seems to be the case in that example, but the fact that there is more resorts to chose from might not be better either, how do they know after they get a lead that I have options in those resorts. and because its a one time fee for life ( for renting, sales is different I believe) I wonder what is the motivation to rent my points once I have paid my fee?

You ask very good questions. Some advertising companies have one generic ad for a resort despite the fact that there may be 100’s that paid for an ad for that resort. I’ve often wondered, if not an outright scam, how does the company decide who gets the offer? With Timeshares by Owners, they appear to to create individual listings. Is that any better? I say NO. I got the dollar filter to work on my phone. I searched Las Vegas and applied a filter for $1 to $1200. The first ones to list were the featured ads. After that, there was no rhyme or reason to what showed next and the rental dollars were all over the place, in no specific order and certainly not within the filter I set. There were 64 pages and 1271 ads. Who is going to go through one by one looking for what they want? Certainly not me. Even if you find something and click make an offer, it just asks for personal info and the offer amount. There is a “message” section that I assume is where one would put rental dates. The odds of someone putting an offer for your ad, with requested dates that actually is available for what they need, seems low to me. I suspect the offer to accept ratio is minuscule. These companies don’t really care though as they already got their upfront fee.

 

[TUGBrian]

one should never pay a large upfront fee to sell/rent/exit/whatever a timeshare.

 

[BSTA57]

You ask very good questions. Some advertising companies have one generic ad for a resort despite the fact that there may be 100’s that paid for an ad for that resort. I’ve often wondered, if not an outright scam, how does the company decide who gets the offer? With Timeshares by Owners, they appear to to create individual listings. Is that any better? I say NO. I got the dollar filter to work on my phone. I searched Las Vegas and applied a filter for $1 to $1200. The first ones to list were the featured ads. After that, there was no rhyme or reason to what showed next and the rental dollars were all over the place, in no specific order and certainly not within the filter I set. There were 64 pages and 1271 ads. Who is going to go through one by one looking for what they want? Certainly not me. Even if you find something and click make an offer, it just asks for personal info and the offer amount. There is a “message” section that I assume is where one would put rental dates. The odds of someone putting an offer for your ad, with requested dates that actually is available for what they need, seems low to me. I suspect the offer to accept ratio is minuscule. These companies don’t really care though as they already got their upfront fee.

I spoke to a concierge there twice, after having communicated with the sales department. The concierge was very helpful. As per my knowledge, they get leads from all kinds of places(other booking sites, dial system, etc.); The client does the initial contacting or vice versa to inquire about the trip details (Where, what, when). Their computer system filters through their existing "owner" data bases on a rotational basis; you as the owner receive an email or call about the potential client's request and the check from your end what is available and call them back. If they are interested, you reserve/book the trip. A contract is signed prepared by the concierge between client and owner. Looks like if you stay on top of it and reply promptly to the concierge's requests you can build some relationship consistency. That's why I've been looking to find anyone that has experience with them.

 

[VacationForever]

I spoke to a concierge there twice, after having communicated with the sales department. The concierge was very helpful. As per my knowledge, they get leads from all kinds of places(other booking sites, dial system, etc.); The client does the initial contacting or vice versa to inquire about the trip details (Where, what, when). Their computer system filters through their existing "owner" data bases on a rotational basis; you as the owner receive an email or call about the potential client's request and the check from your end what is available and call them back. If they are interested, you reserve/book the trip. A contract is signed prepared by the concierge between client and owner. Looks like if you stay on top of it and reply promptly to the concierge's requests you can build some relationship consistency. That's why I've been looking to find anyone that has experience with them.

Don't forget good scammers are very smooth in selling you their "services". Just be prepared to not get a bite after you have paid them.

 

[VacationForever]

There are many listing sites, timeshare by owner being one of them, and most of them ask for 4-figure upfront listing fees. Redweek is definitely my preferred site because you can list for something like $29 (used to be $15) and it is the #1 site for all timeshare sales and rental. You get more eyeballs and realistic asking prices, hence more buyers and renters utilize it.

 

[TUGBrian]

There are many listing sites, timeshare by owner being one of them, and most of them ask for 4-figure upfront listing fees. Redweek is definitely my preferred site because you can list for something like $29 (used to be $15) and it is the #1 site for all timeshare sales and rental. You get more eyeballs and realistic asking prices, hence more buyers and renters utilize it.

quite a bit more than these days no?

"Membership is currently $18.99 for 12 months and is required to add a rental or resale, or to contact an owner about a posting. Rental postings are $39.99 for 6 months, and resale postings are $59.99 for 12 months. "

 

[VacationForever]

quite a bit more than these days no?

"Membership is currently $18.99 for 12 months and is required to add a rental or resale, or to contact an owner about a posting. Rental postings are $39.99 for 6 months, and resale postings are $59.99 for 12 months. "

Thanks. It has gone up quite a bit. I haven't listed anything with them (and anywhere else for that matter) for about 3 years. But still, it is the most used site for timeshare sales and rentals.

 

[RX8]

I spoke to a concierge there twice, after having communicated with the sales department. The concierge was very helpful. As per my knowledge, they get leads from all kinds of places(other booking sites, dial system, etc.); The client does the initial contacting or vice versa to inquire about the trip details (Where, what, when). Their computer system filters through their existing "owner" data bases on a rotational basis; you as the owner receive an email or call about the potential client's request and the check from your end what is available and call them back. If they are interested, you reserve/book the trip. A contract is signed prepared by the concierge between client and owner. Looks like if you stay on top of it and reply promptly to the concierge's requests you can build some relationship consistency. That's why I've been looking to find anyone that has experience with them.

Sorry, but I am not as enthusiastic as you are.

Unless your timeshare is listed at a realistic price there would be no real offers coming through. Read some of the complaints on the BBB. Remember, this is a company that charged extra to list that Jockey Club as "featured" at a sale price of $52,900. That is highway robbery.

Florida statute 721-205 has requirements for advertising companies. It would be interesting to know if the company has the answers below that must be disclosed according to this statute. If they do, I bet the answer is zero sales or rentals.

"(c) State or imply to a consumer timeshare reseller, directly or indirectly, that sales or rentals have been achieved or generated as a result of its advertising services unless the resale advertiser, at the time of making such representation, possesses and is able to provide documentation to substantiate the statement or implication made to the consumer timeshare reseller. In addition, to the extent that a resale advertiser states or implies to a consumer timeshare reseller that the resale advertiser has sold or rented any specific number of timeshare interests, the resale advertiser must also provide the consumer timeshare reseller the ratio or percentage of all the timeshare interests that have resulted in a sale versus the number of timeshare interests advertised for sale by the resale advertiser for each of the previous 2 calendar years if the statement or implication is about a sale or sales, or the ratio or percentage of all the timeshare interests that have actually resulted in a rental versus the number of timeshare interests advertised for rental by the resale advertiser for each of the previous 2 calendar years if the statement or implication is about a rental or rentals."

 

[BSTA57]

Sorry, but I am not as enthusiastic as you are.

Unless your timeshare is listed at a realistic price there would be no real offers coming through. Read some of the complaints on the BBB. Remember, this is a company that charged extra to list that Jockey Club as "featured" at a sale price of $52,900. That is highway robbery.

Florida statute 721-205 has requirements for advertising companies. It would be interesting to know if the company has the answers below that must be disclosed according to this statute. If they do, I bet the answer is zero sales or rentals.

"(c) State or imply to a consumer timeshare reseller, directly or indirectly, that sales or rentals have been achieved or generated as a result of its advertising services unless the resale advertiser, at the time of making such representation, possesses and is able to provide documentation to substantiate the statement or implication made to the consumer timeshare reseller. In addition, to the extent that a resale advertiser states or implies to a consumer timeshare reseller that the resale advertiser has sold or rented any specific number of timeshare interests, the resale advertiser must also provide the consumer timeshare reseller the ratio or percentage of all the timeshare interests that have resulted in a sale versus the number of timeshare interests advertised for sale by the resale advertiser for each of the previous 2 calendar years if the statement or implication is about a sale or sales, or the ratio or percentage of all the timeshare interests that have actually resulted in a rental versus the number of timeshare interests advertised for rental by the resale advertiser for each of the previous 2 calendar years if the statement or implication is about a rental or rentals."

Ok cool thanks, you are on top of that stuff, I would think that this applies to a fix resort that you have and want to promote, in my case, its just points , and they “would” call me when they have someone interested in one of my options. So nothing really to promote. Thats why I would like to talk to someone that is using them, with points. To know directly if it works or its all crap!

 

[TUGBrian]

It appears you are looking for someone to confirm the opinion you have already made....vs provide you with good advice.

 

[chapjim]

Ok cool thanks, you are on top of that stuff, I would think that this applies to a fix resort that you have and want to promote, in my case, its just points , and they “would” call me when they have someone interested in one of my options. So nothing really to promote. Thats why I would like to talk to someone that is using them, with points. To know directly if it works or its all crap!

The collective wisdom of people here at TUG is that it is all crap. If someone pops up here with "first hand information," don't be surprised if it is a new user of TUG and one of his first half dozen posts.

But, it's your time and your money.

 

[BSTA57]

The collective wisdom of people here at TUG is that it is all crap. If someone pops up here with "first hand information," don't be surprised if it is a new user of TUG and one of his first half dozen posts.

But, it's your time and your money.

Thanks, I’m new here also, I appreciate you help!

 

[VacationForever]

I am very sure that you will be sorely disappointed if you were to part with your money to this outfit.

My suggestion is to book a few highly sought after time of year, resorts and locations with your points and list them for rent on Redweek, TUG and Vacation Candy (VC is free to list). By listing points, it makes it far too difficult for someone looking to rent, as it will involve knowledge of the system (small and little known) to know what to look for.

 

[BSTA57]

I am very sure that you will be sorely disappointed if you were to part with your money to this outfit.

My suggestion is to book a few highly sought after time of year, resorts and locations with your points and list them for rent on Redweek, TUG and Vacation Candy (VC is free to list). By listing points, it makes it far too difficult for someone looking to rent, as it will involve knowledge of the system (small and little known) to know what to look for.

Yes, this is the direction I’m heading! Thank you

 

[TUGBrian]

Thanks, I’m new here also, I appreciate you help!

here is a good article that describes the two main strategies for renting with points.

How to Rent your Timeshare Points

Free Guide on Renting out Unused Timeshare Points

tug2.net

 

[Fido Chuckwagon]

Ok cool thanks, you are on top of that stuff, I would think that this applies to a fix resort that you have and want to promote, in my case, its just points , and they “would” call me when they have someone interested in one of my options. So nothing really to promote. Thats why I would like to talk to someone that is using them, with points. To know directly if it works or its all crap!

The reason why nobody who is “using” them is posting in this thread is likely because you are posting in a forum full of timeshare owners who are educated about these types of “businesses.” You are getting good advice warning you not to list with them based on their apparent business model. If you want to give them a bunch of upfront money becuase they had a slick-talking “concierge” salesperson, then that’s on you, but you are almost certainly lighting that money on fire.

 

[BSTA57]

The reason why nobody who is “using” them is posting in this thread is likely because you are posting in a forum full of timeshare owners who are educated about these types of “businesses.” You are getting good advice warning you not to list with them based on their apparent business model. If you want to give them a bunch of upfront money becuase they had a slick-talking “concierge” salesperson, then that’s on you, but you are almost certainly lighting that money on fire.

Make sense, Thank You!

 

[pact2go]

Yes, it is a listing company, concierge style. thanks for replying

Is Timeshare by owner the name of a listing company or are you asking whether any experience by timeshare owners in renting timeshares?

In any case, I've had the most success in renting by listing on Redweek.com, an under $20 annual membership fee. I don't know of any listing service with more Timeshare listings for rental and/or sale. It's been good for us and we've had lots of rentals over the years. They also have different listing options from self-serve to full service. If nothing else, you will have a good view of the rental market for various timeshare properties.

Good luck!

You indicated you have had success with Redweek. I haven't rented a unit in a few years. I have listed on TUG, but was also going to list on Redweek. Which service option have you found to work best for renting your units?

 

[DRH90277]

You indicated you have had success with Redweek. I haven't rented a unit in a few years. I have listed on TUG, but was also going to list on Redweek. Which service option have you found to work best for renting your units?

Redweek - I use the "Do it Yourself, verified and protected at $49.99. With this, the guest uses Redweek's rental agreement & online booking system. Rents are collected by credit card with the contract and held by Redweek until a couple of days after guest check-in and are then remitted directly to my bank account.

I hope this helps.

 

[theo]

I am very sure that you will be sorely disappointed if you were to part with your money to this outfit.

My suggestion is to book a few highly sought after time of year, resorts and locations with your points and list them for rent on Redweek, TUG and Vacation Candy (VC is free to list). By listing points, it makes it far too difficult for someone looking to rent, as it will involve knowledge of the system (small and little known) to know what to look for.

Valid points and sage advice.

OP indicates "Capital Vacation" ownership (beneath his / her TUG avatar) and also mentions having "only points". Assuming that those points are "Capital Advantage" points, it may prove to be very difficult for the OP to even reserve sufficiently desirable week(s) to successfully rent out. Capital Advantage, unless I am mistaken, is strictlty an "internal" points program, with limited resort choices and / or week availablity confined to those relatively few resorts enrolled in the Capital "Advantage" program, or at resorts where CV has acquired some weeks from deed conversions and from taking over some HoA inventory from VRI-managed properties after the 2022 acquisition of VRI by Capital Vacations.

I wish the OP luck; lots of it may be required here…