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TUG Marketplace breaks $33,000,000 in completed resales and rentals

TUGBrian

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Another milestone for TUG, as the Timeshare marketplace has now crossed 33 million dollars in completed resales and rentals for owners!

still proving year in and year out that Timeshare owners can indeed sell and rent themselves, without falling victim to scammers, and without paying huge upfront fees!

http://ads.tug2.net
 

Aimfair

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Hola Brian, interesting statistic. Any chance we can see the breakdown between rentals and sales by year, the number of rental and sales transactions by year and the average transaction size for each? Many of us believe there is little to no value in most timeshare contracts because most contracts require payment of fees and taxes regardless of use. Thanks. Cheers!
 

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Very interesting! Yes can you some more details please?
Thx!
 

TUGBrian

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yes, 33 million dollars
 

TUGBrian

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Hola Brian, interesting statistic. Any chance we can see the breakdown between rentals and sales by year, the number of rental and sales transactions by year and the average transaction size for each? Many of us believe there is little to no value in most timeshare contracts because most contracts require payment of fees and taxes regardless of use. Thanks. Cheers!
we update this page at the end of every year, it shows the breakdown of resale vs rentals!

http://tug2.net/timeshare_advice/timeshare_sales_rental_history.html
 

Makai Guy

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TUGBrian

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sales history records are located on each individual resort review page...but we are actually working on a new "display" for each resort that will show a dial/guage/whatever that displays a quick view of the average resale/rental amount for each resort yes.
 

DeniseM

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I think you have to be a member to access this Info.
 

TUGBrian

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sales history records yes, it is a member only feature.
 

Panina

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And that doesn't include all the bargain free deals that were done, more happy people.
 

BellaWyn

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What do the negative numbers mean when looking at these Top 25 Resorts Sold 2016? Presume the positive numbers mean these are the number of resale contracts sold by resort. But am a little lost with the negatives.


IMG_0615.jpg
 

TUGBrian

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its the change in rank from the previous year
 

Aimfair

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Hola Brian,

Taken from the TUG Marketplace on June 22, 2017:


Timeshares For Sale
1780 current for sale ads
  • $19,195,453.00 in completed for sale ads
Timeshares For Rent

1751 current for rent ads
  • $13,948,434.00 in completed for rent ads
Just curious - are the details listed above the basis for the summary presented in your earlier post describing $31,301,000 - Total $ for TUGGERS in COMPLETED Timeshare listings to date? Thanks. Cheers!
 

TUGBrian

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not sure I follow?

19.1 + 13.9 is 33m?


the numbers posted on the tug2.com homepage, and the marketplace homepage are in real time (or at least the same day).

the numbers in the historical reference chart are not updated in real time, but instead once a year.
 

Aimfair

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OK, thanks Brian. Sorry for the incorrect addition. The question relates to the title of this thread, which implies $33.0 MM in completed resales and rentals. The numbers stated above are listings, and they seem to be the same as completed sales and rentals. Are listings and completed sales and rentals the same? Thanks....
 

TUGBrian

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again im not following your question here?

there have been 33million dollars in completed listings in the marketplace as of that post...as of right now its $33,264,344

are you referring to the dollar amount of ALL listings ever both completed and not? thats in the hundreds of millions if not billions of dollars.
 

dioxide45

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again im not following your question here?

there have been 33million dollars in completed listings in the marketplace as of that post...as of right now its $33,264,344

are you referring to the dollar amount of ALL listings ever both completed and not? thats in the hundreds of millions if not billions of dollars.
I think the confusion may be to how the bullets are placed

1780 current for sale ads

  • $19,195,453.00 in completed for sale ads
The bullet looks like it is somehow a subset of the 1780 current ads. But it isn't, it is a completely separate and unrelated number.
 

TUGBrian

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what would make that less confusing (now that I realize we are talking about the marketplace homepage)
 

Aimfair

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Hola,

Thank you for the clarification. The phrases Completed Sales and Completed Rentals seems to imply an exchange of money between a buyer/renter and the person who posted the offer.

Instead, Completed Sales and Completed Rentals are actually Completed Offers to rent or sell, not completed transactions, right?

With reference to the statistic referenced above, there were 1,780 listings advertising contracts for sale on TUG as of a specific date, and the total value of those listings represented $19,195,453.00 in total value for all listed items for sale as of the same date.

It would be interesting to know the actual number and value of closed transactions. But, that would be an impossible number to determine unless all listed transactions were closed through TUG.

Thanks.

Cheers!
 
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dioxide45

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With reference to the statistic referenced above, there were 1,780 listings advertising contracts for sale on Tug as of a specific date, and the total value of the listings represented $19,195,453.00 in total value for all listed items.
That isn't correct. the 19,195,453 is not correlated in any way to the 1,780. The 1,780 is the number of active listings, but the 19,195,453 is the value of all the completed listings.
 

crashemt

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I am a new member, but I find this data extremely important. I would be willing to help, willing to sign non-disclosure on identifiable personal data, if I could generate and get access to a by resort, by company, by state/location, and in general set of statistics on rentals and resales. I believe this data to be critical in countering disinformation from ADRA and others touting the robust timeshare after markets.

How can I be of assistance?
 

TUGBrian

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the history records are available to any member by simply clicking on the resort review page and selecting that option from the menu.

you can also look up recent sales history records on EBAY by using the "completed listings" checkbox when browsing timeshare ads!
 

crashemt

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the history records are available to any member by simply clicking on the resort review page and selecting that option from the menu.

you can also look up recent sales history records on EBAY by using the "completed listings" checkbox when browsing timeshare ads!
Thanks! Got it now.
 
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