I use redweek all the time. I am someone who rents my units out and someone who rents to others. I have been using it for almost 2 years and it has been very successful. Its a win/win situation for both parties. You save money and the owners get their units rented.
When I rent out one of my units, I send my clients a quick one paragraph 'lease' where I agree that I am the owner of xxx unit and that I am renting it to Mrs XXX for the week of XX for the total sum of XX. Once payment is received I will notify the resort of the person using the unit and forward the tenant a confirmation. I usually sign and fax it and ask the person renting to do the same when they send back payment.
As a precaution to you, you could check the resort to verify that they are the actual owners of the unit in question and that they are permitted to rent. I have to be honest, I rented 20 weeks out to others this year, and I only had one person verify my ability to rent. Most people using this are honest.
If you have any other questions, you can email me at
macalh@aol.com.