You will love this chapter if:
• You hate paying maintenance fees
• There are times you cannot use your timeshare
• You have always wanted to rent out your time, but don’t know how
• You want to make money without much effort
• You can’t sell your timeshare and it’s just sitting there
• You want to make real money with vacation rentals
The number one benefit of owning a vacation ownership package is the time you spend with your family, creating lifelong memories. In addition to that, there are many health and educational benefits of traveling, and most Americans should do more vacationing.
Timeshare provides people with above average experiences for very little investment, comparatively. As a poor kid raised by a single mother, we did not travel much until I was eight years old. I believe your first priority is to spend time with loved ones and explore God’s beautiful places.
In life, however, there a Tony Avitia 80 things that happen to us that are beyond our control, and in these instances we require alternative solutions. As much as we would like to travel around the world for weeks and months at a time, our finances usually dictate otherwise.
As a person involved in nearly every aspect of the timeshare industry in one way or another, I can say that renting is one of the biggest and the least understood topics.
Rentals are very much a part of most vacation ownership plans and a right of all owners, similar to homeowners’ rights. Timeshares can, in most cases, have all of the same rules and regulations as regular real estate. Some people buy real estate to live in, some to repair and flip, to rent out, to buy and hold, or for other purposes.
The biggest commonality timeshares have with homes is your ability to rent them out to others. In the vacation ownership industry, there are many government regulations, and developers are forbidden to pitch timeshares as any type of investment. The government, for once, is right to protect consumers from buying timeshares as investments because most people will not take the time and are ill informed to make into investments.
At every resort, the sales associates are told to make you aware of rental but not to discuss it any further than that, nor give any particulars. This reasoning behind these associates not helping you is very understandable. If the salesperson who sold you your timeshare told you that booking New Year’s every year you could make $3,500 a week and pay for your timeshare in a few short years, the first time this didn’t work, there would be a lawsuit.
There is a twofold situation here: perhaps the salesman was a little generous in the rental price, and then the owner never put the ad up. The owner calls the company complaining that the property didn’t rent out and he wants his money back because the salesman lied to him. This and a few other reasons are why the resorts do not teach you how to do rentals and they themselves have rental companies that do everything for Timeshare Simplified 81 you for a 20 to 60 percent commission. The companies also don’t want you to rent your unit out so you don’t take clients away from the units they are going to rent. Having the developer rent your property out is a good thing if you don’t care about the money or don’t want to do much work. If, on the other hand, you are someone who cares about a profit and would like this thing to be financially justifiable, the rest of this chapter is for you.
As a salesman, small business owner, and investor I try to do everything to eliminate as many expenses as I can. You and your family probably need money just as much as the rest of us, so I am here to teach you how to keep more of it when it comes to your timeshare. Even though the developers won’t teach you how to rent because of their own agendas, it definitely is a right you have when you own something. Being in the business for a while has afforded me first-hand information that you can’t get anywhere else. If you are like most owners you are probably wondering at least one of the following:
• Aren’t I still responsible if there is damage done to the room?
• How do I get renters?
• Do I have enough to rent out?
• How do the renters check in?
• How much should I charge?
• Do I have to pay taxes on the money I make?
• Which times are the best to rent? Tony Avitia 82
• Is it legal?
• How do I know if my resort will allow it?
• How do I collect the money?
• Can I rent it to friends and family? • What happens if no one rents it?
• Can I rent out weeks through an exchange company?
• Do I need a contract?
• Should I pay one of those companies that charge an upfront fee?
• Is there anyone who will do it for me?
I know you probably have a few questions I didn’t cover, and by the end of the chapter they will most likely be answered. If you require any additional information you can pick up my rental guidebook that goes more in-depth into this subject. With the new travel sites most of the work is done for you and they are very easy to navigate.
Like the resorts, I am not going to promise you that you are going to turn into Donald Trump by renting out your timeshares. However, you are probably mostly interested in covering your expenses when you can’t use it. I can teach you how to make decent money with your timeshare if you are willing to do a little work. While there are some risks when renting, the benefits outweigh those in almost all cases.
With a little planning and a little advice from me, you can turn your timeshares into a money making machine. The more time or points you own, the Timeshare Simplified 83 more money you will make and the more advantage your resort will give to you as a benefit. You can also visit my company www.mytimesharefordummies.com and depending upon where you own we can help you to rent out your points.
In my career, I have come across owners from all walks of life with ownerships ranging from a few nights every two years to people who own nearly two years of timeshares. I have even met a man who had 18 million credits. This man’s only job was to sit at home and continuously run ads on Craigslist, and he was making hundreds of thousands of dollars annually while traveling for free. Now, this is an extreme case, and I am sure he had good resources when he started; however, it is something anyone can do if you follow my philosophy and instructions.
Your basic understanding simply needs to be that you are going into the resort business on a small scale. The nice thing is you don’t have to build a resort, hire all the people, and deal with all of the problems. Simply put, you piggyback on the resorts, which make millions and millions of dollars every year. By making a simple reservation and putting a few ads up, you can be part of a billion dollar industry.
There are hundreds of millions of Americans who don’t own timeshares but still travel all of the time. The only reason most people don’t become successful is because when “opportunity shows up it is dressed in overalls and looks like work,” according to Thomas Edison. I apologize for the Tony Robbins moment, but I find the biggest thing that prevents people from renting their properties out successfully is their lack of confidence in themselves. Most people are too busy saying:
• What if it doesn’t rent?
• It never works for me Tony Avitia 84
• I don’t have time
• It’s not enough money
• I don’t want to be responsible
• They will probably just tear up the room
• I probably won’t get paid
• I won’t have time for myself
• I don’t know what to do
• I don’t know if I can rent it out
• How do I collect the money?
Some of these are legitimate concerns, and all complaints do have some weight, but successful people focus on the upside. As a business owner, you always take the risks under consideration and just plan ahead to minimize those risks. Even the Hilton, Marriott, and Donald Trump have to worry about this stuff, but they know the upside is worth it. Continue reading and follow my plan and I shall alleviate a majority of your concerns.
Phase one: finding a location to book
Get your resort directory and find out which properties you have access to that do not require any fees from you. Typically, you want to pick a resort in an area where the hotels have a high price or the destination is extremely popular. The best destinations are Las Vegas, Anaheim, California Coast, Whistler, New York, Hawaii, Myrtle Beach, San Timeshare Simplifi ed 85 Francisco, South Africa, Florida, major ski areas, and the like. If you can’t decide which city is best, call your reservation line and ask which one is the most popular. If you’re a member of my blog or have the rental guidebook you can get help with any of this. What you are looking for is a resort you have access to in a high destination area where there are sold-out times of the year due to special events like Mardi Gras, Daytona 500, Super-bowl, National Finals Rodeo, or the Olympics. Example: Owner 1 owns Wyndham Fairfield and has 500,000 credits with a deed in Daytona, Florida. This owner should:
• Find out what time the reservation department opens up and in what time zone
• Consult the club rules for the earliest time to book ahead and ask a reservation specialist which days of the week a reservation can begin (older timeshares require specific check-in days, while points owners can typically book any day of the week)
• Mark the first available reservation day on the calendar and book that reservation as if he or she were going to use it Phase one summary
• Find the best resort you can access
• Know the earliest time in advance you can book a reservation
• Discover which day of the week you can check-in Tony Avitia 86 At the end of phase one, you should end up with something like this:
Phase two: choosing your best times and booking
Increase your chances of success by booking a major holiday or special event, which will give you your highest rental price. Most holidays are good choices, but it will serve you to Google the area to find out the busiest time of the year, as that is the hardest time to find a room. To expedite your rental, find a few different choices at different times of the year. Example: You own a resort in Daytona, Florida; find the dates for the Daytona 500, Fourth of July, spring break, and New Year’s. Example: You own a resort in Las Vegas; get dates for New Year’s, NASCAR, Fourth of July, Memorial Day, and the rodeo. With several dates available to you, there is always a time you can do a rental. If one doesn’t work, move your reservation to the next good date and try to rent that out.
Timeshare Simplified 87 The nice thing is once you have these dates you can use the same events and holidays every year. Pick a date at least nine months ahead of the day you are starting to book out. Try to pick an event for which the booking window hasn’t opened up yet to ensure availability. Example: You decide to book out Las Vegas for New Year’s and you can book twelve months ahead of time. The reservation center opens at 7:00 a.m. PST and you can book any day of week. As an owner, you call on December 26 of the current year, say 2010 at 6:59 a.m. PST, and book December 26 of the following year in a one-or two-bedroom. Get a confirmation and book it in your name as if you are going.
Follow the same process for any additional dates. The key is to pick popular dates and to make a note of the exact first day and time you can call to ensure availability. Phase two summary:
• Choose your best resort for rental
Insiders tip: Always know how many days in advance you need to cancel your reservation so you do not lose your time.
Mark that a day or two ahead in your calendar. Insiders tip: Always check the dates annually, especially for events, because dates may vary from year to year. Tony Avitia 88
• Choose four or five dates to rent out
• Make reservations for the date you selected exactly the first day possible at the exact time the reservation center opens
• Get confirmation number and put a reservation in your name and do not tell them you are renting
Phase three: marketing your week
The first two phases shouldn’t have taken too much time– maybe an hour or two, depending upon whether or not it is your first time. Now that you have a reservation for a prime time week in a high destination area, it’s time to start marketing it for rental.
Never, in any case, pay any companies that call you on the phone and say they will rent out your timeshare for you. In 98 percent of all cases they are scams; you will never get your money back, and you have no chance of getting your week rented. You can rent it very easily yourself. These companies have a great story-I should know, I worked for one when I was twenty-one years old, before I got into the industry. It took me about three months before I realized everything I was saying was not even close to what was being done behind the scenes. Once I realized what was being done, I left and have since made it my mission to see that no other owner gets taken advantage of again. These companies have many different scenarios they try to sell you on, but don’t fall for them.
Timeshare resale scams are the number one consumer complaint in the country. I have seen many owners pay these types of companies with no results. You can definitely rent your timeshare out on your own if you just follow this process. Timeshare Simplified 89 I have also included some legitimate companies where you can go for help.
One of your first priorities is to decide if you are renting out one week or multiple weeks. This will determine which method of marketing is the best for you. If you are going to rent out multiple weeks, it is usually best to rent them at the same time. That way, you only have to pay for one ad. After the first few times you will become a pro, and every year it will get easier and easier.
I haven’t been able to check out every site in the world, so if you find any I haven’t mentioned, please let me know. Here are the best places I found so far to rent out timeshares with the best results at the lowest prices.
Best timeshare rental websites
This is a small list to get you started, and I stopped here because I don’t want to overwhelm you. Quite frankly, there are hundreds of sites to help you rent out your timeshare; however, just two or three good ones are all you really need. If you have a good week, you shouldn’t have a problem getting it rented if you follow these simple steps.
The best place to go for legitimate advice and to speak with other timeshare owners is the Timeshare Users Group. This is an advocacy group run by timeshare owners where you can chat online as well as ask questions of other timeshare owners. Another great resource is my website, where you can join and ask questions as much as you like pertaining to the rental aspect. RedWeek has also become an industry leader in the secondary market with a streamlined process and plenty of services and advice areas on their site. As a landlord, I would make you pick two or three good sites from this list and just use the same ones year after year, switching only if you don’t obtain results. Example: You have New Year’s week booked in Las Vegas and it is seven months before the check-in day. Place your ad on RedWeek, Craigslist, the Timeshare Users Group, as well as Facebook. Start advertising a minimum of six months in advance, no matter where your rental is. Each website has its own attributes and it would take me too long to go through all of them in this book.
If Timeshare Simplified 91 you require further explanation of each site, go to the sites directly and do the research yourself. To make your life easy, I have personally checked all the sites listed above and I am confident referring you to them. As with anything in life, however, I recommend you check things out for yourself.
The qualifications I used for this list were based on the ease of use, cost, time spent online, and your likelihood of exposure to quality renters. You are probably very busy yourself, working, taking care of your family, and enjoying your free time. I have set up a strategy that won’t take more than a couple of hours of your time annually. It takes little to no work and has very few complications.
Rental website profiles
Here are brief profiles on a few of the above-mentioned websites to help you rent out your property. All prices mentioned were current at the time of printing.
Membership is $15 and a rental ad is $24.99.
RedWeek has been in business for nearly twenty years and has streamlined the rental process. They have a step-by– step approach to rentals with no large fees involved. Simply click on “Sell/Rent your timeshare” and follow the instructions. The site typically will already have your resort’s information with pictures already listed.
As an owner, you click on a few boxes such as check in dates, cost per night, and amenities, and then your ad is complete. Your ad will stay listed for six months, and potential renters can contact you directly by email. Once you have found a renter, RedWeek also has a rental escrow service Tony Avitia 92 available. All you do is fill out a small form with the renter’s email address, and First American Title handles the entire transaction. This is the biggest title company in the US, and it has been in business for around one hundred years.
First American Title is a fortune 500 company that does everything including collecting the money from your renter. The company collects 50 percent of the rent up front, and the remaining balance sixty days before check in. The money is released to you eleven days after checkout. The title escrow service fee is $100 to $200, paid by both parties. To get the exact details, visit the RedWeek site and be grateful for what they have done. This service makes life very easy and eliminates most liability for you. This is one of my favorite sites and great for individuals with busy schedules.
As a business owner, I am always utilizing marketing techniques that cost little or no money yet produce outstanding results. In this computer age, people do nearly everything via the internet. One of the most visited sites online in the US is craigslist. If you are not familiar with this site, you soon will be, as its popularity grows year after year.
Basically, it is an online garage sale or classified ad section like newspapers of old. To utilize this site, you simply set up an account with your basic information. Once you have an account, you can begin placing classified ads. You can post ads for anything from getting a job to personal ads to selling your home stereo. The number of visitors to this site is extraordinary, and the people who use it are looking for good deals.
Timeshare Simplified 93 When renting your timeshare, place your ads under the vacation rentals section. Once you click on that section you will see a list of hundreds of ads posted by people doing the same thing with their properties. A great strategy is to spend some time browsing the ads on the page to see what everyone else’s ads looks like as well as what other owners are charging. It is important to not charge too much or too little. Try to stick with a reasonable price of $125 to $400 per night (more for major holidays and high-end resorts) depending on the size of the room, the type of resort and the area. Always put your ad up on the craigslist site for the city where the property you are renting out is located.
If you are renting out Lake Tahoe for New Year’s, pick Craigslist Lake Tahoe/Reno.
To put your ad online, simply click on “post” in the top right-hand corner of the page. The site will walk you through each step of placing your ad.
Example: Go to www.craigslits.com
City: (click wherever your condo is)
Under “housing”: Go to “vacation rentals” Research: Prices for similar time in other ads Click on “post” in the top right corner
Enter: your email and password
Insiders tip: Put a good title on your ad to catch potential renters’ eyes. Tony Avitia 94
Click on:” I am offering housing”
Under category: “ Vacation Rentals”
Rent: enter your nightly rate Posting
title: Las Vegas New Year’s!
Location: Las Vegas
Reply to: Your email
In the description area: give detailed descriptions of the resort and amenities, as well as a link to the property’s official website.
Add/Edit images: find pictures of the resort you have and upload these photos here.
Press Continue: and you are done.
Warning: It is only legal to upload photos if they are not copyright protected.
I recommend just posting pictures you have taken of the resort, or just put a link to the website in the description area so renters can go see for themselves. Don’t worry if you can’t figure it out; a lack of pictures will not mean you can’t find a renter. As far as allowing potential renters to contact you, your options are to display your email, hide your email and use the one craigslist provides, or put your cell phone number
Insiders tip: Update your ads every few days to keep them at the top of the list. Timeshare Simplified 95 in your ad
This way, you get the renters when they are ready to make reservations. Because of the number of visitors to Craigslist, this is one of my favorite options for renting out property. When someone has contacted you and you have agreed upon a price, you can have the renters pay you through PayPal or First American Title.
For First American Title, go to
www.redweek.com and look under the rental section. We will discuss accepting payments and renters’ insurance in Phase Four.
If you are an owner with multiple properties or weeks, this is a great site with tons of monthly traffic. You pay a fee of $20 to $30 a month, depending on your length of agreement. Flipkey allows you unlimited photos and access to 25 million visitors monthly. I would only use this site if you have a minimum of three weeks to rent out. Their average property listing receives more than 75 inquires annually.
This is my favorite site for rentals especially if you have never rented out your units before. The site is free to sign up for if you are the one renting and all they charge you is a 3% fee to process the credit card and the renter pays the rest.
Once you sign up for your free account you go to ‘List your space’ and follow the step by step Tony Avitia 96 instructions for entering your properties information.
On another window open up your developers website and take that information and the pictures and put them in your ad or create your own content and get the pictures off of google images. They pre-screen the renters, collect the money and do all of the marketing.
Once someone is interested they send you a text and an email and they give you 24hrs to respond. Once you accept the booking you just put their name on the reservation and forward them the confirmation letter. They release the money to you the day after check in and they only 10-99 you if you make over $20k.
Vacation Timeshare and Rentals
Vacation Timeshare and Rentals has three options on listing timeshare rentals:
Standard Listing: this is a free listing and no credit card information is required.
Featured Listing: option two costs $19.99 per month, $84.00 per year, or $149.99 lifetime ad
Featured Listing: option three costs 19 percent of the total rental price you agreed on, this is the guaranteed lowest commission on the internet.
This site has 15,000 visitors daily and is mentioned in high profile places such as the New York Times and O, the Oprah Magazine. The best part is buyers and renters are not required to register in order to contact you. This company’s rental program is extraordinary, with no upfront fees, free listings, low-cost ads, and simple commission-based rentals.
Timeshare Simplified 97 When renting your timeshare, it is important to list with a company that has low or no fees and high visibility online. If you go to the Goggle ratings system, you will see that this company lands very high.
Vacation Timeshare and Rentals also offers a free e-book that discusses all aspects of renting and selling as well as how to collect your money. One of the company’s best features is its market evaluation service for renting and selling. You can submit your timeshare and receive three comparisons of similar properties with the average asking price. For those of you who don’t know how much to charge, this can be a great benefit if you don’t want to do any research. The e-book has great tips in it regarding the types of information and selling features you should put in your ads to get the best results. Overall, this is one of the best sites for rentals.
Insiders tip: There is a lot of competition in certain markets. To get the most of your rental, I advise only renting out for major events and holidays, not just any old time.
Insiders tip: Price your rental reasonably, meaning not the highest; try to be equal to or less than the lowest if you are willing to accept that amount.
Phase three summary:
The basic idea I would like you to understand when marketing your timeshare for rent is never, never, never pay an upfront fee. As a renter, pick one to three of the aforementioned websites and utilize them according to their instructions. Most of them have individuals there Tony Avitia 98 you can speak with to assist you with any questions. You also can become a member of my blog and I keep you updated on any new sites. Phase four: Rental contracts and collecting your rental payments It should only take an hour or two to accomplish the first few phases of timeshare rental if this is your first time. Once you know which resort is the best for you and the best dates for rentals, you shouldn’t have to spend much time on the process. Doing the same thing every year will allow you repeat business and an easy-to-accomplish routine that will make you steady money year after year.
One of the most frequently asked questions is how to collect the money once the time is rented. The best method for collecting your rental money is a personal choice, and I am just here to give you some advice. Here are the options when collecting rent payments:
• Check/Cashier’s Check
• First American Title
• Escrow Company
The best practice is to get a 50 percent nonrefundable deposit up front and the remaining balance due 45 days before check-in. If the renters cancel before then, you have in the contract that they lose their 50 percent deposit and you still have time to get your points or week back. Timeshare Simplified 99 Google “Timeshare rental agreement” and a list of ten resources for contracts, most at no cost, will come up in your browser. Simply print these forms, insert your terms, and send them off to your renter. It is better to get your contract forms ahead of time so when you find a renter you can get the contract to them immediately.
Here are a few places to get a timeshare rental agreements:
You can also write one up yourself per the terms you discuss with your renter. Whatever your agreement is, it’s wise to get the total rental amount in escrow or in your hands a minimum of 45 days before check-in.
If you decide to rent your timeshare out, you can always have the renter send you a check. Make sure the check is made to your company’s name (which we will discuss in the next chapter) or your own name. Give yourself plenty of time before the check-in date for the check to clear.
You can also accept checks through PayPal and get an automatic deduction like a debit card.
Tony Avitia 100 Cost to you:
Typically $0 (PayPal: around 3 percent of the transaction price)
Cash What can I say? Cash is king, but in this day and age there are counterfeit bills. If you are accepting cash from friends or anyone else, just make sure you get it before the last day you can cancel the reservation in case they don’t pay. Never take a payment of any kind after the rental. Always get paid-even by friends-with adequate leeway to get your time back if they do not pay.
Cost to you: Typically $0 PayPal
If you rent out units on craigslist, to your friends, or through any other source without an escrow company, this is your best option. It is the safest way nowadays to handle transactions online as well as with your fellow citizens.
All you need to do is go online to www.paypal. com and sign up for a free account. To set up an account, all you need is your basic information and you are good to go. When someone has contacted you for a rental and you agree to a price, simply log into your PayPal account and click on “request money.” Under this section, you can enter the person’s email address and the amount you are charging them, and PayPal will send them a bill. They can pay the bill with any major credit card, and the money is deposited into your online PayPal account. Once the money is in there, PayPal will deduct their fee of around two to three percent and then you have access to the money. You can move this money into your regular account whenever you like. Timeshare Simplifi ed 101 This is one of my favorite ways to collect money from individuals.
Cost to you: Typically 2 to 3 percent of the transaction price Escrow companies
The safest way to handle payments for both parties involved is to use an escrow company. The companies previously mentioned will allow you to follow the terms of an agreement and protect both parties involved. Both parties agree to the terms of the contract, which includes a description of merchandise, sale price, inspection time, and confirmation information. The buyer then submits the payment, which the escrow company verifies. The property owner then ships out the confirmation number with the renter’s name on it. The renter utilizes the reservation, and then the escrow company pays the property owners, less the company’s small fee.
Example: With RedWeek’s escrow service, the owner and the renter come to an agreement on a rental price and the use of First American Title Vacation Rental Escrow Services. The process then happens like this:
• The owner completes the online rental agreement and escrow instructions,
• The renter receives an email from First American Title (FAT) with a link to the agreement started by the owner Tony Avitia 102
• The renter reviews and completes the application information and submits it to FAT
• FAT contacts both parties to collect a non refundable escrow fee from each; the renter also pays 50 percent of the rental fee as a deposit if more than sixty days remain before check-in or 100 percent of the rental fee if there are fewer than sixty days prior to start of vacation
• The renter makes a final 50 percent payment to FAT if not paid in full upon the opening of the escrow account
• FAT sends a check to the owner approximately eleven days after the last day of the rental period, provided there are no material disputes fi led by the renter The nice thing about this is you can handle everything by phone or online, making your life very easy and making your transactions very secure.
Another resource you can utilize is www.escrow.com.Phase five: sending the confirmation number or letter
Once you have a renter, and if you didn’t use First American Title, it is time to change the name on the reservation. Simply call your reservation center, tell the person there you have a guest who is checking in for those dates, and give them the appropriate name. The reservations center will email or mail you a new confirmation number (and charge you any guest usage fees, if applicable). When you change the name on the reservation, it is not necessary to mention you have rented it, nor is it Timeshare Simplified 103 any of the company’s business, because you own that time. Don’t break any laws, though–some resorts do not allow renting, but you would know that from the time of purchase when they went over the rules. Also, RCI or any of the other exchange companies will revoke your membership if you are caught renting out weeks that are exchanged. If you rent out an exchanged week to a friend, I believe they would be okay with that, but you would have to ask them. Once the reservation is sent over to the renter, that person can call the resort and confirm the reservation is in good standing. It is also okay to send the renter the confirmation letter before you are paid to prove you are real, just as long as you have enough time to cancel for non-payment. As an owner, you can call in and change the reservation at any time.
If you are not using an escrow company or a contract, it is a good idea to get a small rental insurance policy.
The site I recommend is www.rentalguardian.com, if you decide to do this. The cost is $29-$69. Most of vacation rental websites have some sort of policy to protect you, or it’s written in the contract that your liability is waived for damages.
Rental Guardian has a special policy for vacation rentals for very little cost, comparatively. I highly recommend using them for total piece of mind. Their policy will cover you for up to $5,000 in damages. Your finished! I know this seems like a lot of information and may appear to be overwhelming, but once you do it once or twice Tony Avitia 104 it will be very easy and will not take you very long at all. The money you can make on a yearly basis is definitely worth the effort. I have also simplified the process on the subsequent pages, and as always, I have a rental guidebook with step by step instructions or my shorter book that specifically deals with renting your units or points.
Timeshare rentals for dummies (me) Simplified
Step 1: Book a prime time week at your resort
Step 2: Advertise it six months in advance
Step 3: Get paid and send out the confirmation Step 4: Spend the money! This is my wife’s idea of simple, so this page is for her.
• Find out the best resort you have access to and the best dates to stay in that city
• Book it exactly the first day it is available for you when reservations open up
• Keep the confirmation page
• Find two or three companies where you can list your rental that are easy for you to use
• List your unit for rent starting at least six months in advance Timeshare Simplified 105
• Once renter has contacted you, send out the contract or escrow instructions
• Collect the money
• Send out the confirmation number to your renter for them to verify
Remember, you can always get my rental book for any type of assistance. I also offer a rental guidebook that will help walk you through this process step by step and keep you organized with all your resources in one place. If you are a points owner you can also contact my company www.mytimesharefordummies.com and depending on what developer you own with we can handle the entire rental process for you.