How do you sell your comped room?

I have 3 nights at an upscale property on the strip and I want to sell them off. From my limited research it's a rather common practice, and I don't believe it's illegal. I do have a few questions for those of you who have done this before...

1. how do you get a deposit on the room to ensure the transaction goes through smoothly? is there an escrow account that can be set up for this type of transaction, and what is the fee?

2. I plan on meeting the buyer at the front desk to have this person added to the room and put up their own credit card for the incidentals. do the hotel check if the card is valid immediately or just hold it on file? and what if the buyer put a stop charge on their card and abuse the privilege, would it come back to me because the room is also in my name?

3. I have stayed there before and gave them my credit card as requirement, never had anything charged on it though. do they still have that info. on their computer and can they charge it without my permission/signature?

 

thanks in advance

1. The easiest method. Just do it with a people you trust.

2. Tell front desk you do not want anything charged to the room.  you want to room blocked for ANY charges. NOTHING. Sometinmes they won't ask for a charge card.

I have known instances where the person receiving the comp...and selling his room....has been banned from the casino/sportsbook.

You are far better off handling it personally with a friend than doing it any other way....

I have a hard time believing that the properties are OK with this practice.  They are comping the room for you (I'm assuming based on your play), not for someone else who probably won't gamble the same way.  All these offers I'm sure say they are non-transferrable.  If you do it with a friend who won't cause trouble or charge shit, then I'm sure you can get away with it, but selling it to some random stranger seems like a really really bad idea.

best way to do it is to give it to someone you know and trust, otherwise, its not worth the headache for a few hundred bucks.  they only put a certain amount per day which i believe is $200 as a hold on the card which for 3 days would be $600.  again, i would not trust some stranger whom could destroy the room, take stuff out, and then deny all charges or just use a prepaid card with $600 on it and then EVERYTHING would fall back on you since it was your room in the first place. 

not putting up a card won't fly because they have a fully stocked fridge in the room and a snack bar on top of it, that's easily a couple of hundred bucks right there.

I prefer selling to a stranger because I can get some real money. last time I basically gave my room away to a friend of a friend just trying to be nice. well, no more mr. nice guy, at least not this time anyway.

of course the casino doesn't like this kind of practice, but it's really no different than selling comped show/fight tickets imo. just a little more work involved.

I did find an online escrow company, the fee is only $25. the problem is they only payout after the buyer approves the purchase. the reason I wanted to do the escrow was to make the buyer put up a non-refundable deposit, but the escrow company says they can't make the buyer pay unless they get notification from the buyer that everything is in order. so I might as well just hope for the best and do this on my own. unless you gents have another idea.

my main concern is do they still have my credit info. on their system(even though it was never charged) and can they charge it this time without my permission?

[Quote: Originally Posted by rockonova]

not putting up a card won't fly because they have a fully stocked fridge in the room and a snack bar on top of it, that's easily a couple of hundred bucks right there.

Most suites I've stayed in, you can lock the stocked bar.

I agree with others. Unless it is a friend it is not worth the trouble.

They must've really taken you hard if you need to sell your comped rooms.....

Escrow service? This seems to be alot of jumping for acouple hundred. Forget nice guy or not there seems to be a high side of risk for low amount reward. Do you want to talk to security when your hi-def TV is missing?

Just tell your host to give you something besides the comp.  You're not going to get full value if you try to sell the comped room anyway.  The host wants you to be happy.