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Re: Successful Resales & Rental Feedback Wanted (by Anne G.):

peterp151 wrote:

adahiscout wrote:

...I have seen recommendations that you call a resort to see if the person offering the rental owns there...

While I suppose it is possible to get some employes to admit a specific person owns at their resort, privacy laws prevent companies from verifying information like that. Usually a waiver or authorization must be submitted in writing to allow a company to verify owner info, even something as simple as confirming someone owns at the resort.

None of my 3 timeshares allow the info to be given out. When I call in I have to provide a lot of info before they talk to me. But I send a copy of my reservation with my name and then I change the name when the monies are paid in full. If it is less than 90 days I require full payment. Other rentals I will take payments but still not put it in their name until it's paid (by 60 days out). I like PayPal and the renter is protected because they can use a credit card. It does cost about 3% fees but just add it to your cost and you have a few dollars to bargain with if the renter wants you to lower your price. I know some people don't like PayPal but I find it so easy to use and safe for me. (No bogus money orders or Cashiers checks--Craigslist tells you not to take them because they can be dangerous?) Because you own it you are always in control until someone checks in so you should have time to make sure all the rent has been paid. My resorts require the person on the reservation be the person checking in so you're in control until the last minute. So far I've had respectable renters. I know some folks have last minute emergencies so you should build in a non-refundable amount to cover any costs or losses you might have and put it in your documents.

I'm always surprised to hear and see how trustful all of my renters have been!!