TRI West Timeshare - Viccie Mac's Timeshare Rental Tips - Tip 9

Licensed Brokers
Broker Information
Guarantees
Commissions
Upfront Fees
Rental Prices
Rental Trust Account
Ownership
Reservations: Fixed & Floating
Bonus Weeks
Exchange Weeks

Tip 9 - Reservations Fixed & Floating

True Week 2

Reservations 1

Reservations 2

Making a Reservation

Hot Area

This is the story of the chicken and the egg. Many owners want to wait for a travel request before making a reservation. Life would be easy in the rental "coop" if this was actually possible. But the brutal fact is simple and it goes like this: By the time a request is made for travel, the space is usually not available for occupancy. Make your reservation now! Submit your rental dates to your agent now!

If you want to rent your timeshare you must have a confirmed reservation "DATE" to submit to a rental agent. This includes fixed week properties which identifies the check-in and check-out day. Many fixed week properties have now established a reservation procedure and will use your week for bonus time if you do not indicate your intention for use.

Each management company/club has different rules and policies for making and confirming a reservation. As a result, your goal should be to book and confirm, as early as possible, the most popular dates available, within your "true week or season"

If you own floating, club or points your rental agent can guide you with regard to current travel trends to establish a desirable week, but remember only the owner can and should book their timeshare reservation. Do not give your week away by signing a release or exchange contract if your intent is to rent. Keep control of your week until you have confirmation from your agent that it has been rented at the rental agreement price.

Become familiar with your resort management policies regarding rental weeks. Keep in mind that up-grades, roll-overs, bonus or exchange weeks are usually NOT rentable and usually require additional fees.

Basic steps in making a reservation for RENTAL are:

1. Only "true" weeks. No up-grades, roll-overs, bonus, or exchange weeks

2. If not fixed, completely understand your use season.

3. Pay your maintance and make the reservation in your name. - the guest name can be recorded at a later date.

4. Record the exact reservation date, indicating day of the week and year.

5. Record the exact reservation number.

6. Go over cancellation/rebooking policy and fees with your resort or management company.

7. Forward written confirmation to your rental agent.

FINAL NOTE: CONFIRMING AND SUBMITTING A RESERVATION EARLY IS THE KEY TO A SUCCESSFUL RENTAL. ALTHOUGH IT DOES NOT ASSURE BIG BUCKS, IT HIGHLY INCREASES THE ODDS OF A POTENTIAL TRAVELER SELECTING YOUR WEEK.