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Timeshare Auction 2003 Produces The Piatelli Co. Sales From $225 to $24,000

Press Release: TRI West
September 29, 2003
LOS ANGELES, CA -- Over 100 live bidders along with thirty- six mail-in and internet bidders produced a total of 71 timeshare sales at TRI West's 22nd annual auction. This year's auction included sales prices from $225 to an all time auction high price of $24,000.

"After 22 successful auctions, a live auction supported with mail-in bids and live internet chatters from around the world is still the only way to sell a large number of different resorts in different locations quickly and at a fair market price," said auction sponsor Mario Collura of TRI West. According to Collura, 90% of the sellers who attended the auction and followed the TRI West starting bid recommendations sold their timeshare week.

A total of seventy one timeshares were sold with an average price of $2,155. Highest price paid was $24,000 for a three bedroom Gold Point Condominiums in Breckenridge, CO. Lowest price paid was $225 for a two bedroom Desert Vac Villas in Palm Springs, CA.

To obtain information on unsold inventory or to register for the next auction scheduled for September 2004, contact TRI West at 13353 Washington Blvd., Los Angeles, California 90066. The nationwide toll-free info line is (800) 423-6377. TRI West can be reached online at http://www.triwest-timeshare.com.

The Piatelli Company was the official auctioneer for the "Live.. Mail-in.. Internet.. Timeshare Auction 2003."