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Tuggers auction ?

JRS

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Was just reading a thread about demand for ebay auctions. Wonder if this idea has ever been considered, or attempted ? Ebay for tuggers, right here, why not ? Over how many members ? I'm thinking about a 15 or 30 day listing, so folks can get a chance to see what's available ....:banana:
 

JRS

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Wow, I am really surprised that nobody has an opinion on this ......
 

dioxide45

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Was just reading a thread about demand for ebay auctions. Wonder if this idea has ever been considered, or attempted ? Ebay for tuggers, right here, why not ? Over how many members ? I'm thinking about a 15 or 30 day listing, so folks can get a chance to see what's available ....:banana:

I rarely pay attention to 30 day auctions on E-bay. The first 23 days are really just a waste as very few bids happen. Most bidding happens in the last two days of the auctions. I think people think if they list for 30 days they will get a higher winning bid, not usually the case. 7 day auctions are about right in my opinion. Since E-bay does this service very well, I don't see a reason for TUG to do it too. Bidshares also has a similar service, but usually the reserves are too high and it is another place for uninformed sellers to list there weeks for unrealistic prices.
 

Dave M

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Another reason for not competing with eBay is that those who list timeshares seek the widest audience possible, hoping that someone who is not knowledgeable about the resale market will bid up the price. They get that wide audience on eBay. Since TUGgers are more knowledgeable, a TUG auction might well generate a lower price than eBay; certainly no higher than eBay.
 

djs

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Another reason for not competing with eBay is that those who list timeshares seek the widest audience possible, hoping that someone who is not knowledgeable about the resale market will bid up the price. They get that wide audience on eBay. Since TUGgers are more knowledgeable, a TUG auction might well generate a lower price than eBay; certainly no higher than eBay.

At the same time we know the way things should work, know about escrow and how things can get hung up. It might make for a smoother transaction as opposed to the way one may go on eBay. If I were selling, I may very well be willing to take less money for a smooth transaction. Also, I imagine we'd get very few inquiries from Postcard Companies on listings here (at least compared to what one might get as a result of an eBay transcation).

Most of us know that an eBay auction for a TS is really an expression of interest in said TS and not binding; the "higher" price may fall through. I imagine any sort of auction here would also be non-binding.

Logistically, would it only be available to Members?

Of course, there is already a place for Members to sell their TS right here on TUG, so the idea may be moot anyway. Price it right and it'll sell.
 

DaveNV

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Of course, there is already a place for Members to sell their TS right here on TUG, so the idea may be moot anyway. Price it right and it'll sell.

That's part of the issue I have with the TUG marketplace. So many retailers post things for sale there at such inflated prices, the ads sit unnoticed and unsold. Tuggers want bargains, not developer pricing. An auction version of that part of TUG wouldn't likely garner much interest unless the t/s being sold were exceptional resorts being offered at bargain prices. As mentioned above,. most of us know how eBay works, and it makes no sense to drag out an auction for a long time here when there are other places to shop. Secondly, on eBay the same resorts come up time and again, so why tie up funds in a lengthy auction here, when the perfect ebay deal may pass you by?

As much as I like this site and the people here, I'd rather take my chances out in the wide world hunting for that incredible deal. Case in point: I bought an oceanfront 1br unit at Kauai Beach Villas last year for only $279 on eBay. DeniseM just got another like it a few days ago for $98. What are the odds an auction site at TUG would have a better deal than those? I'd say not much.

Dave
 

JRS

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Thanks everyone for the responses. I envisioned limiting as much as possible to private sellers - rather than larger companies. Like a couple of folks mentioned - perhaps a little less deceptive advertising if selling among a group of peers ?? For instance I still don't see why some overcharge for RTU weeks. Just a contract between 2 folks, registered with the resort. Done, no deeds to worry about or research, file with the counties, etc .... Outside the US these are more prevalent I believe ....
 
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