What kind of Ebay timeshare buyer is this?

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

While looking at timeshare weeks for sale on Ebay this week I came across a timeshare buyer that seems odd to me. This person has been the high bidder on at least 6 weeks that I know of in the last month. One was won with a bid of $102.50, one was for $3551.01, another for $810.00, another for $1225.00, another for $1499.00, and another for $810.00. I also know that this person as been placing bids on other weeks that were won by others.

This person is very good at getting a winning bid in last 15 sec. before the bidding has ended.

What is this person's game? Any ideas?

Walt

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

yes, he is sniping. You can set you bid to kick in at less than 6 seconds.


go to www.esnipe.com to check it out. It works great.

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

But why would someone buy so many ts at once?

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

But why would someone buy so many ts at once?

I bought 4 timeshares just this week. Some people just can't help themselves. At least I didn't buy those 6M Fairfield Points last week. I guess I just have an severe illness, not a terminal one. LOL.

[falmouth3 Senior Member Find all posts View Profile Close falmouth3]

My guess

My guess is that he/she is setting up a TS rental business. Or else he/she is addicted to buying TS.

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

But why would someone buy so many ts at once?

In order to resell them at a later date. This is the tradational firesale time of the year for buying TS as MFs become do and people do anything to get out from having to pay them.

Unfortunately, some of us are so addicted that we don't follow through on the selling of the TS after intending to do so when buying it

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

yes, he is sniping. You can set you bid to kick in at less than 6 seconds.


go to www.esnipe.com to check it out. It works great.

I use Bidnappers.

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

I use Hammersnipe.

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

What about the 6 timeshare weeks?

What do you think is the reason he/she bought 6 timeshare weeks in more than one state since Nov. 15, 2006?


Walt

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

If s/he thinks s/he can resell them, what does it matter where they are?

It could also be someone who has the buying bug. I've seen a couple ebay IDs placing bids on timeshares that I would have trouble giving away. For example, a 77K fairfield deed with NFs *above* $7/K.

I would only suspect a shill if the auctions are all run by the same outfit or group of folks (e.g. laman34 and 43namal). If the bidder is bidding on unrelated sellers, then it's legitimate, if possibly ill-advised.

[VacationPro Member Find all posts View Profile Close VacationPro]

While looking at timeshare weeks for sale on Ebay this week I came across a timeshare buyer that seems odd to me. This person has been the high bidder on at least 6 weeks that I know of in the last month. One was won with a bid of $102.50, one was for $3551.01, another for $810.00, another for $1225.00, another for $1499.00, and another for $810.00. I also know that this person as been placing bids on other weeks that were won by others.

This person is very good at getting a winning bid in last 15 sec. before the bidding has ended.

What is this person's game? Any ideas?

Walt

Why does it have to be a game? While the above bidder isn't me, I have purchased several timeshares in the last several months on ebay because there are some tremendous deals out there now. I have purchased holiday weeks (primarily 4th of July, but also Christmas) at 5 star/gold crown properties for pennies on the dollar. In every instance, I checked rental rates online for the resorts and feel reasonably confortable that, even if I undercut the current rate by a couple of hundred/week, I can rent the resort out at enough of a profit over MF to pay for the resort within two or three years. I also expect that with the deals I got on a couple of the units, I could sell the group for more than what I paid including closing costs, even if I sell through Ebay. Time will tell if the assumptions I am making are right or wrong, but there is no game at all.

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

So how do you go about advertising your rentals?

[VacationPro Member Find all posts View Profile Close VacationPro]

So how do you go about advertising your rentals?

I'm not an expert in this, and if I were I wouldn't tell my secrets , but there are many outlets on the web, including Craig's list. Friends/family/coworkers etc. are also potential avenues.