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Yes, you are reading that correctly. Just announced by Business Wire, you can now buy and sell your Timeshare Points from all of the major Timeshare Companies via the website RedWeek.com. Check out the story released today.
Members can now buy and sell timeshare points and credits on RedWeek.com, a timeshare rental, resale and exchange Web site. In response to industry and owner requests, RedWeek has expanded the site’s format to include the sale of timeshare points and credits.
Points buyers and sellers use the same by-owner, membership supported format as the rentals and resales marketplace. Points and credits ownerships offer choice and control over when and where owners vacation and for how long or short they stay. With 14 different points programs covered, RedWeek.com offers the most comprehensive points marketplace anywhere. The new service offers selling and buying for most major timeshare points systems including:
Buying and selling timeshare points requires an active RedWeek.com membership — only $14.99 for 12 months. RedWeek members have complete site access and the opportunity to use the rental, resale, and exchange services, and the ability to contact other members about their timeshare.
Timeshare points resale postings are $49.99 each for 12 months. Points are for sale by owner and all rules, restrictions, and limitations of the points system apply.
RedWeek.com (www.redweek.com) Is a member-supported marketplace connecting travelers and the timeshare community. The site was launched in November of 2002 and now has over 1,300,000 registered users and includes 5,000 timeshare resorts worldwide. It offers resort condominium accommodations for rent and purchase, plus sale, rental and full service exchange options for owners.
Other features include a timeshare discussion forum and resort ratings and reviews. The company was co-founded by Randy Conrads, who also founded the popular Classmates.com Web site, which was acquired in 2004 by United Online, Inc. (Nasdaq:UNTD).