Tip 4 - Commissions Commission 1
Commission 2

Why would you want to pay a commission? Incentive! Always make sure that your licensed agent has a commission incentive to rent your timeshare. The agent should strive to rent your week at the highest best "marketable rate." However, supply and demand determines true marketability. The goal is to rent your week, but remember agents don't make the market, they reflect the market and a commission is the only fair way for both owners and agents.

Timeshare rental commissions vary from between 20% to 40% of the rental price for most transactions over $800. For transactions under $800 commissions may be higher and subject to a minimum. In any case the commission amount should never exceed 50% for any transaction.

Regardless of the amount, all commissions should be paid after the rental is completed to provide the maximum incentive to your agent to successfully complete your transaction. Remember your rental monies should always be in the broker's trust account waiting final completion so commissions are paid when you get paid.

Who pays commission on a timeshare rental? Whether the owner or traveler pays the commission is really of no consequence since the net amount paid to the owner after the rental is completed is the same. This is because the actual price is adjusted downward when the traveler pays the commission.

FINAL NOTE: A COMMISSION IS THE ONLY WAY TO MAKE SURE AN AGENT HAS INCENTIVE TO RENT YOUR TIMESHARE

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