Timeshare companies

[saturn Junior Member Find all posts View Profile Close saturn]

Good Evening

I am new to the forum. We bought a timeshare resale back in 2003 from Holiday Group,I do not think they are in business anymore does anyone know for sure about this company out of Seattle Washington?? So we being from RI are looking for another timeshare company that may deal in resales or just timeshare buying and selling. Has anyone had good experiences with a company they can recommend

thanks
Saturn

[Glitter Brunello Super Moderator Find all posts View Profile Close Glitter Brunello]

Before getting involved with a resale company, take a look at completed ebay sales to get an idea of whether your timeshare has any value. Also check TUG and Redweek for similar listings, but keep in mind that asking prices do not necessarily mean much. There are plenty of companies out there that will ask you for an upfront fee (you'll probably get one or two here in response to your post), DO NOT PAY ANYONE AN UPFRONT FEE to sell your timeshare.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Holdiay Group closed operations quite a while ago. Are you looking to buy or sell ?

[saturn Junior Member Find all posts View Profile Close saturn]

I would like to own a timeshare within driving distance of home(Rhode Island) 6-8 hrs in either direction. We own now in Daytona Beach

[JudyS Senior Member Find all posts View Profile Close JudyS]

Are you looking to sell your Daytona timeshare, or do you now want to own two timeshares?

Buying a second timeshare is easy. I would suggest looking at http://www.vriresorts.com/ because they manage many owner-controlled resorts in that area. You can read reviews of the resorts on sites such as Tripadvisor, Redweek, etc. Once you identify a resort you want, be patient and look for a good price on eBay, Redweek, etc.

If you want to sell your Daytona week, that may be harder. Do NOT pay anyone a large upfront fee -- it's a scam. Check eBay for completed sales to see what your week is worth (if anything -- a lot of weeks are being given away for free these days, often with free closing and free first year's use.) List your week here, on Craigslist, Redweek, eBay, etc., and be patient.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

There was a reseller in New England that was reputable (maybe even an RI company), but I'm not sure they are still in business and I can't remember the name.

[JWC Super Moderator Find all posts View Profile Close JWC]

I recommend MyResortNetwork. I have used them to both sell a timeshare and also to rent timeshare weeks. They are not resellers but are a good place to list your timeshare or buy one. Their listing fees are very cheap and you don't have to pay to be a member like Redweek. I do belong to Redweek and used them as well as MyResortNetwork in selling. However, I had much better success with MyResortNetwork and my buyer came from them. When I was looking for rentals, they had a much better supply than Redweek or the others.

http://www.myresortnetwork.com/

I am not a fan of eBay for pricing as they attract all the bargain hunters. It is OK if you are buying but definitely not for selling. There are a lot of potential buyers that don't shop on eBay.

[saturn Junior Member Find all posts View Profile Close saturn]

I have looked into sellmytimesharenow.com for resales. We just returned from Atlantic City and have looked at the FantaSea resort . We like the casino plus the beach atmosphere but want to make sure we purchase a good one bedroom unit there. Saw some that said Unit: yellow don't know what all that means

Saturn

[Presley Senior Member Find all posts View Profile Close Presley]

I have looked into sellmytimesharenow.com for resales. We just returned from Atlantic City and have looked at the FantaSea resort . We like the casino plus the beach atmosphere but want to make sure we purchase a good one bedroom unit there. Saw some that said Unit: yellow don't know what all that means

Saturn

I had a bad experience with them as a seller and as a buyer. I would never recommend them for anything.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Yellow means low season in II's seasonal rating.

[saturn Junior Member Find all posts View Profile Close saturn]

Hmmm never doing this I guess I don't know what low season is I would be looking for June time-frame, also I guess you wouldn't know if you were buying one of the resorts (newer units) remodled or older ones by what someone posts to sell

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

I would suggest talking to the managers of some of the resorts you are interested in. Many member-controlled resorts have a place for owners to list timeshares they have for sale, sometimes a web page and sometimes a physical board at the resort. Some associations may also have association resales of weeks that they have taken as deedbacks or foreclosures.

[saturn Junior Member Find all posts View Profile Close saturn]

Unfortunately when we toured Fantasea it did not have resales according to the person who we spoke to at that resort. That is why I am looking for owners that are selling themselves,but it is tough to know what you are buying whether it is an older unit, or newer one

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

Unfortunately when we toured Fantasea it did not have resales according to the person who we spoke to at that resort. That is why I am looking for owners that are selling themselves,but it is tough to know what you are buying whether it is an older unit, or newer one

If it is still in developer sales, that tends to happen. The ones that are user friendly in that regard are the ones where the developer has moved on, and management is in the hands of a member-elected board.

You might also check and see if there is a local timeshare specialist real estate broker. Where there is enough critical mass of timeshare, often someone is in that business and they get resale listings. I know of such brokers on the NC Outer Banks, Myrtle Beach, Massanutten, and Orlando, for example. Like any other real estate broker, you can make an offer on one of their listings and you can often get it for less than the listed price.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Try to get a resort map and determine which units are older. I see six units for sale on MyResortNetwork. Before you jump in, make sure you really want this particular timeshare and do due diligence as to the management of the resort. Summer weeks should be the most expensive and off season might even be freebies.