If you are a timeshare owner, you may find that now and then you want to rent out your designated time. And if you are a vacationer looking for a good deal, renting a time share may be just the answer. Of course owning will always be less expensive than renting over time. However, you may be in a position where you aren’t interested in making a huge commitment. In that case, renting would be a more expensive option but probably the better choice.
Looking to rent someone’s timeshare?
First, you will need to find an owner who wants to rent their unit. The quickest way to do that is to go online and check out the classifieds. You’ll find that you have lots of choices. Owners who can’t go on a holiday during their designated week may be very eager to connect with you as a renter.
Want to rent out your timeshare?
One of the best things about owning a timeshare is that you are now part of a huge, worldwide network of other owners. You are able to trade your time share slot with someone who has a timeshare in a place you’d love to visit. Bingo! You both benefit.
Before renting out your time share, you’ll need to decide on a rental price. You can get a good idea of what to ask by researching your competition. You’ll also need to make a very clear rental agreement. Be prepared for events such as your renter backing out at the last minute. Will you charge a fee for that? You should also be aware that when you rent your own timeshare out, you could be liable for any damages your renter causes.
Remember, renting someone’s timeshare may be an ideal way to have a vacation in a top notch resort for a very good price. Likewise, renting out your own timeshare may be a way to make money, or, at the very least, not lose money in the event you can’t take your vacation.
If you wish to use a resale company to handle the sale or rental of a timeshare, you MUST, for your own safety, use a company that is a member of one of the trade bodies such as TATOC ( http://www.tatoc.co.uk ) or ARDA ( http://www.arda.org ) or RDO ( http://www.rdo.org ) or ATHOC ( http://www.athoc.com.au ) depending on where in the world you are.
Being a member of these trade bodies means that the company –
- Has a recognisable trading history
- Is safe and financially secure
- Must adhere to the rules of the organisation which is primarily to protect the consumer
We recommend the following resale companies to people who are wanting to buy / sell or rent timeshare and instead of doing the transaction themselves, want to use a resale company to do everything for them to ensure safety a security.
Travel & Leisure Group Ltd
47-48 Ballingdon Street
Telephone: 0800 071 1372 / 01787 881111
Fax: 01787 883456
Travel & Leisure Group, established in 1992, is one of the largest independent timeshare re-sale brokerages in Europe. Backed up by years of experience, the Travel & Leisure Group has made selling timeshare properties easier than ever before, for people across the globe. Our multilingual team excels in finding buyers for timeshare properties across the continent – and our size and success has placed us at the heart of the European timeshare resale brokerage.
WorldWide Timeshare Hypermarket
Venator House, 9 St Stephens Court
15-17 St Stephens Road
Telephone: +44 (0)871 781 6781
We are the Worldwide Timeshare Hypermarket, a highly professional re-sale company with an excellent reputation for customer care. We have been trading in timeshare re-sales for over eleven years and currently have the biggest database of timeshare weeks available, plus long waiting lists of buyers who are eager for specific weeks when they become available. Our European Headquarters is located in Bournemouth, so we conduct our business strictly in line with European law.
Confused About Timeshare
Watermans Business Park, The Causeway
Telephone: +44 (0)1784 451355
Fax: +44 (0)1784 898360
Timeshare resale specialists offering independent advice for buying, selling and renting. We ensure customers have answers to all their questions and make sure our wealth of knowledge and hands on experience is shared to the timeshare resale community. Confused about timeshare was created to challenge the industry to a fresh, dynamic and creative way of selling, buying and renting timeshare.
Telephone: +44 (0) 1877 382390
Fax: +44 (0)1877 382394|
Aberfoyle Holidays was established in 2003 to make the buying and selling of timeshare honest, easier and less costly for the consumer. We aim to give the vendor a fair and realistic chance of selling their timeshare and the buyer the opportunity to safely purchase at a reasonable and competitive price. We are committed to employing the most professional, well trained and ethical staff who endeavour to provide genuine valuations, accurate up to date information and commonsense advice.