In these tough economical times, timeshare owners are finding themselves in a pinch.
On the one hand they might not be able to as easily afford the annual fees associated with their timeshare and yet they do not want to take the drastic loss by selling either.
If you find yourself in this position, the answer may be to rent your property instead of trying to sell.
Here are four tips on how to effectively rent your timeshare: 1.
Use the resort management company There are some pros and cons to using the resort management company to rent your timeshare.
The pros include a much simpler way to handle the rental as the company does all the work and advertising for you.
The cons include the fact that they are going to charge you a commission to rent your week as well as charging you your usual maintenance fees associated with the property.
2.
Advertise in the newspaper This is generally a simple way to try and rent your timeshare; however, your market is limited by the readership of the newspaper or newspapers you choose to advertise in.
When it comes to your rental, your market is global as opposed to local.
3.
Advertise online There are many free websites and low-cost websites that will allow you to rent your timeshare online.
This can be a bit more complicated and frustrating.
One disadvantage to this type of advertising is going to be competition.
Generally there is more supply of rentals then there is demand and a large website means lower rental fees.
4.
Use this company When it comes to renting your property, there is no greater resource to use than this company.
They have a great deal of experience and can absolutely remove the headache and hassle when you rent your timeshare.
There is no reason not to check them out now - and every reason to act now.
You will be glad that you did!