Advice for placing our first For Sale ad?

Taking my fellow TUGr's advice, I'm about ready to list our SA timeshare for sale. Have reviewed some of the TUG ads and need help before posting ours. Am worried about getting all the info 'in there' that a potential buyer would need. The thing that confounds me most is that the 2006-expiring week is in the bank and needs to be used by 7/31/06. Maintenance fees have been paid for this year. So....Do I say something like "2006 week has been banked and is available for trade until 7/31/06". And is it correct to price the unit separately, then add the 2006 maint fees as a separate cost---or does that happen only if a buyer comes thru before 7/31/06? One ad I reviewed says buyer pays for "RCI fee, if applicable, to transfer unit to his/her account". Should that be included as well? Aaacckk! Thanks!

If the 2006 week is in you account, it doesn't expire until 2 years after use date, so it usable until 7/31/2008.
I just sold 2 DIK 1 bed flexi weeks and I offered them as a package including the space banked weeks, with the buyers paying all transfer costs.
As to what is right?? It is between you and a buyer, you both want to get the best deal, that is why it's called a fair market.
Best, Greg

CatTen said:

The thing that confounds me most is that the 2006-expiring week is in the bank and needs to be used by 7/31/06. Maintenance fees have been paid for this year. So....Do I say something like "2006 week has been banked and is available for trade until 7/31/06". And is it correct to price the unit separately, then add the 2006 maint fees as a separate cost---or does that happen only if a buyer comes thru before 7/31/06? One ad I reviewed says buyer pays for "RCI fee, if applicable, to transfer unit to his/her account". Should that be included as well?

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This particular week expires this year, fellow northwesterner....I just want to be fair in pointing this out to a potential buyer and don't know if a buyer should be expected to pay us "back" the already-paid 2006 maint fees after 7/31/06 (if a sale would occur after that date). Suggestion?

Hello to you also,
If the week expires in July of this year, it really has no value, even if it were to transfer today, so imho, the answer is no. Do you have any other weeks in the bank or have you used them? Greg

CatTen said:

This particular week expires this year, fellow northwesterner....I just want to be fair in pointing this out to a potential buyer and don't know if a buyer should be expected to pay us "back" the already-paid 2006 maint fees after 7/31/06 (if a sale would occur after that date). Suggestion?

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I agree. It has no value. Even if you could complete the sale today, the buyer would almost certainly not be able to use it. Thus, even if you offer it to the buyer and the buyer takes it, the buyer should not have to come up with additional funds for your MFs.

Keep your ad simple by saying "First use will be in 2007", if that's correct.

However, if you have not extended the week and think you might be able to use it later, you should consider paying the RCI fee to extend it and use it yourself, which you can do even after selling your week.

I would post this year's week in the rental section asap.

Garnet said:

I would post this year's week in the rental section asap.

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But, but, but....It's already spacebanked and unavailable for occupancy, only a trade. How would that work?

It won't work. If it's already deposited with RCI, you can't rent it (or the week that you would get in exchange) without violating RCI's Membership Terms and Conditions. Your only options, other than giving it to the buyer, are to extend it or let it expire.

Thanks, Dave. With the help received on this thread, I think I can proceed w/some degree of intelligence/knowledge.

Oops-sorry-blanked out that its banked.

Suggestion for that expiring week

I saw an ad recently that included a week reserved at a nice spot in the future that the owner had obviously traded into. The ad made this reserved week a free bonus and stated a guest certificate would be issued to buyer.

See if you can get a nice trade for that expiring week for a date far enough in the future for a buyer to use and include it as part of your sale. Thus you could at least get some value out of that banked week for your buyer.

Worth a try?!

Dave M said:

I agree. It has no value. Even if you could complete the sale today, the buyer would almost certainly not be able to use it. Thus, even if you offer it to the buyer and the buyer takes it, the buyer should not have to come up with additional funds for your MFs.

Keep your ad simple by saying "First use will be in 2007", if that's correct.

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I agree with Dave.

Re: the banked week, reserve somewhere and give it to a friend or relative. Then at least you'll get some value for the week.