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Thread: Selling / Renting

  1. #1
    Junior Member
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    Selling / Renting

    I have 30,000 annual points with Bluegreen and would like to sell timeshare or figure out a good way to rent or sell vacations. Could use some advice. Anyone up for the challenge? .

  2. #2
    Please excuse me, I'm a Dick. Not a moron just a Dick
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    Well, let's see, we have devoted much of our discussions to that for about the last ten years, more urgently the last three or so, as the glut of resales has made most of them worse than worthless.

    I'll tell you what, if you take my six unwanted weeks, and I take yours . . . .

    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  3. #3
    Diamond Club Contributor rikkis_playpen's Avatar
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    Spend time reading the diiscussions in the Bluegreen section of this forum.
    http://www.timeshareforums.com/forum...egreen-Resorts

    You'll find several of the most highly respected Bluegreen experts in the industry routinely post there and answer questions. Start by reading, and you'll find that you have access to many different strategies and recommendations that will help you.

    As always, remember that your primary value of timeshare ownership lies in your own personal usage and enjoyment. Renting is a way to try and recover your costs when you don't use the timeshare points yourself, but normally should not be considered to be a profit making strategy. In this market there is just far too much competition.

    Selling is a way to rid yourself of the responsibility and financial obligations of timeshare ownership, but you'll find that prices have sunk to all time lows- and in many cases even giving away a timeshare for free can be difficult.

    If you decide to do either of these, take time to decide whether you want to handle the transactions yourself or whether you want to use a respected resale or rental broker. While a broker can make it easier, there will be a commission requirement which will reduce your net proceeds. In the case of selling that commission will likely be at least $1,000 to $2,000. In the case of rental- approx $200 per week should be expected.

    If you need any further help, please don't hesitate to contact me. Good luck.
    my travel website: Vacation-Times.org.

    "A vacation is what you take when you can no longer take what you’ve been taking."
    ~Earl Wilson

  4. #4
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    I apologize im new to the forum and not real sure where to find information. Obviously you all are more knowlegeable with this topic, thus the reason im here. I recently took part in a webcast where they painted a bleak picture for getting rid of your timeshare and wanted over $6000 to take it off my hands. Thank you for your response! I will continue to try to educate myself.

  5. #5
    Please excuse me, I'm a Dick. Not a moron just a Dick
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    Quote Originally Posted by slatch View Post
    I apologize im new to the forum and not real sure where to find information. Obviously you all are more knowlegeable with this topic, thus the reason im here. I recently took part in a webcast where they painted a bleak picture for getting rid of your timeshare and wanted over $6000 to take it off my hands. Thank you for your response! I will continue to try to educate myself.
    Sure, thus my Post 2.

    The reality is that those who are still sympathetic toward the timeshare industry, trying to justify their financial obligation to it, trying to justify the commisions they earn selling them by hook and crook, or for whatever other reason each has, will give you advice as to how to unload unwanted timeshares.

    I could, but they will, so I won't. I would rather be truthful, so I am comfortable in my own skin.

    Whatever it is whoever has whatever for sale, google it or Craigslist it, and see how many others still believe they can unload them. The truth is that there are hardly enough suckers for the professional liars any more. The truth is that at free most timeshares are too expensive.

    The conduct of the industry has led to this, the time when most timeshares actually are worse than worthless.
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  6. #6
    Were you able to sell your timeshare?

  7. #7
    Quote Originally Posted by JLB View Post
    The truth is that at free most timeshares are too expensive.
    Can you please elaborate on this? If I only pay $70/quarter, shouldn't I be able to rent it out to someone else if I don't plan to actually vacation? And is that realistic? Do I understand correctly that it's only $70/quarter? No hidden costs? Help!

  8. #8
    I realize this has been hashed and re-hashed many times already... but I'm almost positive that BG's "client Services" reps don't give away all info pertaining to severing one's relationship with BG. If we can't get a BUYER for the 8,000-point "property" that my wife owns, can we just "walk away clean", not pay any more "Maintenance fees, membership fees, etc, and forfeit the property to BG? She bought her membership ~8 years ago (after her divorce, when she was vulnerable) for $11,000, and is willing to accept the loss (chalking it up to stupidity) - she feels the $800/yr in fees is throwing "good money after bad". What say you, oh gurus of timeshare?

  9. #9
    Please excuse me, I'm a Dick. Not a moron just a Dick
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    Quote Originally Posted by Wizard51 View Post
    I realize this has been hashed and re-hashed many times already... but I'm almost positive that BG's "client Services" reps don't give away all info pertaining to severing one's relationship with BG. If we can't get a BUYER for the 8,000-point "property" that my wife owns, can we just "walk away clean", not pay any more "Maintenance fees, membership fees, etc, and forfeit the property to BG? She bought her membership ~8 years ago (after her divorce, when she was vulnerable) for $11,000, and is willing to accept the loss (chalking it up to stupidity) - she feels the $800/yr in fees is throwing "good money after bad". What say you, oh gurus of timeshare?
    Try $3000 a year in fees. What difference does it make what she paid for hers or we paid for ours. If no one wants it, no one wants it. The reason no one wants it is because of the $800, or $3000/year, forever, even after you're done with it. If that was not the case, since so many are out there for free, so many would not be out there for free.

    I get an email almost every day, from the same folks on the wrong side of Florida, saying they will take it. Just to see, not because of stupidity, I have provided the information they want a few times, and no one ever calls.

    As to the last post, for most of them, the developer is long gone, so the relevant statement would be that the HOA does not want them. But, yeah, developers don't want them either. Why should they, or the HOA, when it so hard to find a sucker, and they already found one once.

    Neither of our HOAs want ours, even for free. Why would they? They would just have to find someone else to pay the annual fee, and they already have us. They don't care about us; they care about them.

    Just today I emailed a guy who has boasted often on the Internet about all the cheap timeshares he has snarfed up, over 350, with $100,000 in annual fees, and even in the lean times he is coming out ahead renting them and an occasional flip, so he says. Haven't heard from him either.

    Have a warm day.

    Last edited by JLB; 03-06-2014 at 05:08 PM.
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  10. #10
    Please excuse me, I'm a Dick. Not a moron just a Dick
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    Quote Originally Posted by ICM vacations View Post
    Yeah no developer ever wants to take back a timeshare, even though they can resell it, because it will be for less profit than selling new. That's their main focus.
    Since you're a resale and rental company, you must believe there is a resale market. So, why don't you take ours for free? 2014 fees are paid, so you've got 10 months to flip them.
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

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