Free RedWeek.com Tool Takes the Guesswork Out Of Timeshare Pricing

SEATTLE –May 23, 2011 – The biggest question asked by timeshare owners trying to sell their timeshare is, "what is my timeshare worth?" As with the sale of any real property, the market drives the price. But who has time to pull sales comps and evaluate resale data? If you are one of the millions who don't, RedWeek.com has just the tool for you.

RedWeek.com, the largest online timeshare marketplace, has launched a free tool that gives owners concise information to help them estimate what their timeshare may be worth on RedWeek.com. This free tool gathers RedWeek.com resale data for any resort and shows owners the number of current resales posted, the median resale price, and the resale price range. What could be simpler?

If resale prices aren't what you expected and you decide to hold off on selling, renting is an option that more and more owners are choosing. But the same question remains, "what is my timeshare worth?" The free RedWeek.com tool also provides rental data: number of current rental postings, median rental price, and the rental price range.

"We are constantly looking at new and inventive ways to make life easier for the many timeshare owners out there," said Maurice Aubrey, RedWeek.com president. "We are leading the industry in by-owner rentals and resales, and feel our new estimator tool compliments that service."

To learn more about RedWeek.com or timesharing visit www.redweek.com.

About RedWeek.com

RedWeek.com is a member-supported marketplace for timeshare rentals, resales, and exchanges. You can find reviews, ratings, prices, availability and complete resort descriptions for more than 5,000 timeshare resorts worldwide to make vacation selection easier. Boasting an A+ Better Business Bureau rating, RedWeek has more than 1,500,000 registered users. The site was launched in November 2002.