RENTING YOUR TIMESHARE QUICKLY

Many timeshare owners do not know they can rent their unused Timeshare points or weeks. However, some who know they can rent your Timeshare quickly actually do not know how to do so. This article comprehensively explores the best tactics to set prices that help you rent your unused Timeshare as quickly as possible. 

Let’s gets straight into it!

How Much to Ask for Your Timeshare Week?

Do proper research. Everything stems down to conducting proper, accurate, and fair research before choosing the best price.

Below are a few ways to do your price research to rent your timeshare quickly in 2021:

1. Act like you want to rent a timeshare unit: Ask specific questions, including finding a rental, the rates for your desired number of weeks, and others. After the call, you should know if the resort has a rental program and the number of dollars.
2. Ask for the weekly rates in other seasons: Ask for their rate sheet. Resorts’ rate sheets contain their rental rates for all seasons. This data will help you make the most informed decision when setting your timeshare rental price. Including ensuring you aren’t setting prices that aren’t competitive with the resorts. 
3. Ask the resort if they know other realtors that rent out weeks: Ensure you follow up on the leads provided.
4. Check magazines and newspapers: Look for the best resort areas for timeshare rental, short-term condo rental, or vacation rental realtors. Also, you can call realtors with ads in these newspapers and magazines, regardless of if the ads are for your resort or not, to ask similar questions that you’ve asked your resort.
5. Conduct Google Research: Use your resort’s name plus other important keywords such as rent, rental, Timeshare, name of your resort’s location/state, etc. Combine and match these terms to find different listing websites that might list timeshare rentals. Call realtors, acting like you want to rent their weeks or points, to get the information you need from them.
6. Explore eBay’s closed and current actions for rentals: You can do this by also search the same search terms that you used while conducting your Google research. 
7. Check the Bonus week inventory: RCI and II are two of the major timeshare exchange companies. If the same weeks are available for rent in resorts around your resort, it might be relatively tougher for you to rent your week. Even though your week is at an entirely different resort. Basically, the competition to rent that week is higher. Hence, you should consider your pricing compared to others as potential renters might prioritize your competitors over you.

How to Rent Your Timeshare Quickly

Use the tactics and tricks discussed in this article to set the best prices for your timeshare rentals, and see your weeks getting rented as quickly as possible! For more information, do not hesitate to contact the experts at Leave Time Share