Valuing your timeshare week - how to get the best rental

We are often asked by timeshare owners how we value the timeshare weeks they want us to rent out for them. As with everything involved with timeshare, timing is of the essence. When it comes to exchange, owners know that depositing early is one way to improve their trading power. Renting out your timeshare is no different and planning is essential.

Once you have decided that you would prefer to rent your timeshare out rather than use it or exchange it, then contact the Holiday Letting Shop immediately. You can complete our on line valuation forms and within 48 hours we will come back to you with a valuation. This is based on our understanding of the rental market in the area where your resort is based, the week number, the rating of your resort and the size of the unit.  

If you own less than four weeks - click here for your valuation form

If you own more than four weeks - click here for your valuation form

And this is when timing is essential. The earlier that you give your week/s to the Holiday Letting Shop, the better the rental return. Why do we do this? Well, the longer that we have access to the week/s for rental, the easier it is for us to rent it out - and we want to reward those owners with a great rental rate.

As such we have two rental bands - band A and band B.

All owners registering their timeshare week/s for rental nine months before the scheduled arrival date of the week/s, will be entitled to band A income return if the apartment is let for 7 nights. HLS will inform you of the band A income that you will receive by email at the point of you applying for a rental valuation.

Owners registering their accommodation for rental within nine months of the scheduled arrival date of their week/s will receive the band B amounts as listed below:

* 9 months - 6 months before arrival date - 60% of the net income received by HLS for letting the unit

* 6 months - 4 months before arrival date - 50% of the net income received by HLS for letting the unit

* Under 4 months - 40% of the net income received by HLS for letting the unit

We will inform you of band B income by email at the point of you applying for a rental valuation and this will be based on market conditions. HLS operates a policy where rental rates vary on a daily basis to reflect consumer demand. This could mean that those on band B could receive a greater or less amount than the guide price given at the point of registration.

Our aim is to rent your week/s - and to do this we need to be competitive in the market place. This will mean putting together special offers and last minute deals using your week/s. If you need a fixed return, then it is essential that you give us your week/s as soon as possible so you can enjoy band A rates. If you can't do this or are happy with a contribution to the costs of your week, then band B values are still going to help you.

But you have to act - and act as soon as possible. For further information about the rental services of Holiday Letting Shop, contact sales@holidaylettingshop.com - NOW!