Positive Signs in the Timeshare Market - Diamond Resorts International

Diamond Resorts Ridge on Sedona timeshare for sale

Diamond Resorts Ridge on Sedona

In financial news this week Diamond Resorts International issued $30,990,000 of its timeshare loan backed notes. So what does that mean?

Several things. It indicates that Diamond Resorts has sold roughly $30 million in timeshare and are holding the loans on them. More importantly when Credit Suisse and Mountcliff Funding, LLC assisted in putting the deal together it showed that the financial industry is showing confidence in the quality of the loans Diamond Resorts is selling. Not too long ago this type of security, a timeshare backed loan, was considered a poor investment and no one would touch it.

Things have turned around in the timeshare market. Sales are surging, and the major timeshare developers are taking big steps to invest, build, add on, or complete projects that had been left idle for several years.

Plus lets not forget the timeshare buyers. People who buy timeshares are showing confidence in the economy when making this kind of purchase. They are also reflecting stability in their own personal financial situation. All these are signs of better economic days ahead. Especially for the fractional, timeshare, or condo interval industry.

Diamond Resorts International is one of the largest timeshare developers in the world. Their collection of timeshare resorts include more than 300 vacation destinations located in 33 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australia and Africa. From their website  “Diamond Resorts Corporation and its subsidiaries own, operate and manage vacation ownership resorts and, through resort and partner affiliation agreements, provide members and owners with access to 89 managed resorts, 163 affiliated resorts, 48 affiliated hotels and four cruise itineraries through THE Club® at Diamond Resorts International®.”

Diamond Resorts Lake Tahoe timeshare for sale

Diamond Resorts Lake Tahoe View From The Balcony

Points ownership with THE Club at Diamond enable the timeshare owners to choose resort stays, airline tickets, rental cars and even cruises. And resort stays are not limited to the usual 6 nights. You can use your points to set up a 2 day stay or book a whole week. This gives THE Club members a huge amount of flexibility when it comes to planing their vacation.

Here’s a few Diamond Resort timeshares for sale just to give you an idea of what is available:

Diamond Resorts Lake Tahoe – 10,500 points, annual use, annual maintenance fee approx $1,100.

Kaanapali Beach Vacation Resort – Diamond Resort Hawaii Collection, 23,500 points, annual use, can get a 2 bedroom for 2 weeks with these points.

Ridge on Sedona – 10,000 points, annual use.

 

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Sell Your Timeshare - How To Do It

Sell Timeshare NowWhen the idea first came to your mind to sell your timeshare you may not have been aware of your options. If you have done some research you have found a wide range of options to sell your timeshare – but they are confusing as to the cost and benefits.  I won’t even include the timeshare scam offers that come your way. You know, the person contacting you saying your timeshare is already sold and all you need to do is send them X thousand dollars to close the deal.

Hassle Free and Professionally Done

RPMLS.com uses the largest centralized database of buyers and timeshare properties for sale in the secondary resale market – including II, RCI, and Exchange Company affiliated resorts. Not only timeshare buyers globally contact the site 24/7 but also brokers fulfilling the vacation needs of their buyers. The company uses state-of-the-art, cutting edge technology to reach as many timeshare buyers as possible. There are no commissions, no appraisal fees — just valued, personalized attention and professional assistance from timeshare knowledgeable resale specialists. Click here for more information.

Assistance from Your Resort

The Developer and Homeowner Association (HOA) controlled owner & repossession resales is your second choice. Unfortunately, per timeshare industry surveys, 58% of all U.S. resorts offer no onsite resale personnel or resale assistance to their owners. If they do, they may or may not ask for the best price. They typically charge steep sales commissions (as high as 40%) to compensate for profit margin losses.

Timeshare Realtor BrokerTimeshare Realtor BrokerLicensed Timeshare Resale Broker

Many people favor using a licensed brokerage that specializes in timeshare resales. In most cases, you will be charged a commission; however, the agents do all of the legwork for you (advertising, negotiating with the buyer, escrow, contracting, closing and funding.)

Advertise it yourself

Placing your own advertising in your local newspaper generally does not produce the maximum exposure needed to the timeshare buying community. Advertising should be national and international in scope to generate a large enough response. And this can be costly. (i.e., one week in USA Today, which is one of the better sources to advertise your timeshare for sale, can cost you over $1300 for a minimum 4-line classified ad for one week.)

Those are the basics when it comes to selling your timeshare.

Timeshare Sellers’ Frequently Asked Questions.

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Timeshare Vacation Guide - Maui Timeshare Vacations

Here (in the linked page) is an extensive guide to Maui! Maui Timeshare Vacations.

Marriott Maui Ocean Club's Pool Area Sunset

Marriott Maui Ocean Club’s Pool Area Sunset

With detailed descriptions of things to do in Maui, area attractions, lodging, and areas of special interests this Maui Timeshare Guide has everything the savvy timeshare traveler needs to know!

This guide also leads you to the best rated timeshares on the island of Maui with deep discounts to boot. Lodging can be quite expensive on this tropical island. But by using a timeshare, whether owning or renting, you  will save a pile of money. Plus you will have much more space, laundry facilities, a full kitchen, and room for all your friends and family. Timeshare resorts also host tons of activities for every group you can imagine. Pour all of that into one of the most exotic and tropical destinations in the world and you have the perfect timeshare vacation at a great price.

Here are some of the hottest selling timeshare resales in Maui:

Marriott Maui Ocean Club Snapshot

Marriott Maui Ocean Club Snapshot

The best selling timeshare you will find in Maui is Marriott Maui Ocean Club. When you combine the excellent service and reputation of Marriott resorts with Maui you get a winning combination for sure. Why not plan a Hawaii vacation for your next trip? Hard to beat a deal like that!

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Affordable Vacations In Hawaii? Timeshare www.rpmls.com

Sands of Kahana Vacation Club

Sands of Kahana Vacation Club

I often visit the www.cnn.com/travel website to see their ideas about travel, exciting vacations, and new deals being offered for the budget minded traveler. A very recent article there “Where the Travel Deals Are” highlighted places like Iceland, London, South Africa, and Hawaii. Their Hawaii section captured my attention the most when they described how generous and affordable they are making hotels and airfare.

Apparently the Hawaii tourism market has dropped this year so they have taken drastic price reduction measures to attract more people. Now would be a great time to rent a timeshare, find a discount airfare and Go To Hawaii!

For example, you can find a five star resort with magnificent amenities, two bedrooms, totally furnished and with a brand name like Marriott or Westin for less than $1,000 a week.  That’s less than $150 a day for a condo – lots of room and loaded with quality and luxury. Some of the top timeshare resorts we have rented out in Hawaii include Marriott’s Maui Ocean Club, Wyndham Waikiki Beach Walk, Westin Ka’anapali Ocean Resort Villas, Marriott’s Ko Olina Beach Club, and more.

I’d say, go ahead and take the plunge: Go to Hawaii, rent a timeshare vacation condo, save a lot of money, and have the vacation of your life.

Maui Timeshares For Sale!

Maui Timeshares For Sale!

 

Westin Ka’anapali Ocean Resort Villas, Maui Hawaii Timeshare

Here’s another option many consider when putting together the perfect and affordable Hawaii vacation: Timeshare.  With big resort names like Marriott, Sheraton, Westin, and others many years now into timeshare ownership development, the market has matured and has become one of the most affordable ways to vacation in style.

The timeshare resort developers like Marriott and Starwood (Sheraton, Westin) spare little expense when putting together a luxury resort for both families and singles. Luxuriously appointed rooms, the newest technology, the best service and trained staff, and attention to detail have become the norm for timeshare resorts.

The best way to make that happen is to buy the timeshare through a timeshare resale broker.  Why? #1 Reason – Price. You can buy timeshares on the resale market for anywhere from 25% to 50% off the retail price or better. Plus you get the peace of mind that comes with working with a professional real estate person who holds a license in that business (VS attempting to buy through EBay type sites).

The timeshare option has become so popular in Hawaii that hotel construction has been virtually non existent on the islands for a few years now. Only timeshare resorts are being built. The timeshare lodging in Hawaii has been selling well and keeps a very high occupancy rate with high spending travelers.

Timeshares are here to stay in Hawaii. They are leading in profits, a quality product, and high customer satisfaction.

 

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Disney Vacation Club Sales - First Half of 2014

DVC Animal Kingdom - Disney's Best Seller

DVC Animal Kingdom – Disney’s Best Seller

The first six months of sales of Disney Vacation Club have been slower than in 2013 but still carrying on. In this period 6,153 deeds and 761,959 points were sold. And the “Lion’s Share” (no pun intended) were at Animal Kingdom. In January through May of 2013 roughly 8,200 DVC deeded timeshares were sold. 2014 is about 25% less. That represents a lot of money. What it does not represent is a possible shift towards more points being sold than deeded weeks. That is possible. Disney doesn’t publish points sales numbers for 2010 and older. (source)

Don’t forget that the DVC points cost and value bounces around like cocoa beans on the commodities market. An interesting note is on their chart, a disclaimer if you will:

  • The month indicated is the month in which the deed has be recorded by the county. There may be a delay of 30 days or longer from the date of purchase to the recording of the deed
  • Number of points purchased are not represented by these statistics
  • These figures represent direct purchases only–there are no resale transactions included
  • Figures included purchases at Walt Disney World-based resorts, Disney’s Hilton Head Island resort, the Villas at Disney’s Grand Californian Hotel and the Aulani resort in Hawaii.

I especially like this one: “These figures represent direct purchases only – no resale transactions included.” Wow. Was that Disney actually noting that a timeshare resale market exists for their product? You betcha . . .

Sales Pitch Not The Way To Do It

Is this the way you want to buy your next timeshare?

Do you wonder why no resales numbers are included? Mainly because Disney, and the other timeshare developers, do not want to acknowledge the timeshare resale market. They fear they might lend credibility to the resales market. However, the timeshare resales market is the fastest growing market for timeshares and will be for a very long time. In particular, timeshare owners tend to be the most frequently buyers of timeshares. They like them, they want more, and they do not go to the resort to buy them. Why would they? They would have to pay a high premium to buy them that way. They just buy timeshares from the owners through a reputable timeshare resale broker and save a ton of money. DVC timeshare purchases are a big ticket item and savvy timeshare folks will shop around to find a good deal.

That’s where a reputable timeshare resale company comes in to play. They can give both the buyer and seller the assurance they are getting a professionally negotiated and closed deal. Plus there’s no pressure or hype to make it unpleasant. Plus the sales are completed from home via email, fax, and so on.

So, DVC, as they say, “Don’t look back, someone might be gaining on you!” And it is not a lion from Animal Kingdom.

 

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Timeshare Foreclosures - Is Mine Next?

Timeshare Foreclosures – Is Mine Next? If you haven’t been paying your maintenance fees there is a good chance of it. More and more timeshare resorts see past due timeshare owners as a source for more inventory to sell. They depend on the maintenance fees and once a timeshare owner stops paying their maintenance fee they usually have the right to foreclose on your timeshare.

Timeshare Foreclosures in Arizona

Starr Pass Timeshares Arizona Desert

Such is the case with Star Pass Golf Suites Association. They have filed a notice of default against at least 47 timeshare owners due to delinquent fees. These fees range from $1,000 to $6,500 and total up to a whopping $147,000. (source)

The auction of these timeshares is scheduled for December 21 at the county courthouse and there’s early interest from buyers for these timeshares.

More about Star Pass Golf Suites Timeshares Resales:   Located high above the city of Tucson, adjacent to the famous Starr Pass Golf Club, the spacious lock-off units feature complete kitchens, fireplaces, and patios.

Timeshare foreclosure auctions are also a great way for buyers to purchase more weeks at their favorite resort or just add points to their own inventory at a huge discount. The county where the timeshare resort resides is the best place to keep an eye out for timeshare auctions. From personal experience I can tell you there are some counties in Florida that auction off foreclosed timeshares at least once a month.

If you are one of the unfortunate ones who do not want to pay maintenance fees but don’t want to hurt your credit, consider selling your timeshare to get what you can out of it. You may not get what you expect but at least you can make those maintenance fees go away. Forever!

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Hawaii - Timeshare Winners

Hawaii Beach Big Island timeshareNo you haven’t won a timeshare in Hawaii. But if you own one of these 10 Hawaii timeshares, you can rest assured your timeshare is one of the hottest selling timeshares on the secondary market.

The resales market for Hawaii timeshares is better than ever. There are several large construction projects for more timeshare units by several developers. It is also agreed on that Hawaii is done with building hotels – instead they are building timeshares. They draw more tourism than any other type of resort lodging.

So here they are, the top ten selling timeshares in Hawaii:

You may have noticed that Marriott’s Maui Ocean Club and Marriott’s Kauai Beach Club timeshare resorts are not on the list! Owners of these timeshares love them and seldom want to sell. The demand is so strong for these that they don’t last long once they are for sale on RPMLS.com.
Bay Club Waikoloa map

Bay Club Waikoloa

Featured #1 best selling timeshare? Bay Club at Waikola Resort is designated as a Gold Crown resort on the Kohala Coast of the big island of Hawaii.  Landscaping with waterfalls and tropical garden walkways will impress you and give you a relaxing escape from “the real world”.
Timeshares for sale at Bay Club Wailoloa are available in increments of 4800 and 7000 points. The prices are very affordable and have made a great vacation destination for many families.
Kona Coast Resort timeshare for sale

Kona Coast Resort

Just down the coast a short distance is Kona Coast Resort II. It came in second among timeshares sold in all of Hawaii. This Hawaiian resort has been in demand for a very long time and continues to sell quickly relative to most others.
Kona Coast Resort II is exchanged through Interval International and is part of the Shell Vacation Club. Timeshare vacation ownership offered through Shell Vacation Club has a huge amount of variety in types of ownership with points and season designations.

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Top Ten Colorado Timeshares Sold

Just to say the word “Colorado” brings up visions of the Rocky Mountains and snow capped peaks, ski lifts, and a foot of fresh powder!

Grand Timber Lodge Pool Snow Timeshare Discount

Grand Timber Lodge Pool Timeshare Discount

Resorts in Colorado that feature ski lifts or cross country skiing are by far the most popular timeshare resorts in the state. But not all Colorado timeshares are selling on the resale market as well as others.

My list of the top ten best selling Colorado timeshares comes from real time “sold” data. This kind of data is hard to come by considering there is no MLS specifically for timeshares. Timeshares that have been advertised and sold through RPMLS.com provided the data for this comparison.

Why is this important? When you get ready to sell your timeshare you will be curious how much in demand your timeshare is. The more demand, the faster it will sell – if priced right.

So here it is, the top ten best selling timeshares in Colorado:

Grand Timber Lodge Timeshare Ski Resort

Grand Timber Lodge Timeshare Ski Resort

The #1 best selling Colorado timeshare by far is Grand Timber Lodge. Why is that? It is large enough and old enough to have plenty of owners ready to sell their timeshare. Secondly, it is a magnificent timeshare resort.
Tucked between Peaks 8 and 9 of the Breckenridge Ski Resort and just a short distance from all of the best downtown Breckenridge has to offer, Grand Timber Lodge features timber-frame construction, well appointed interiors, luxurious amenities and the finest customer service available. Grand Timber Lodge accommodations range from studio units to 3 bedroom condominiums that sleep 10.”
Their amenities include Lodgepole Bar and Grill, the full service Refresh Spa, indoor/outdoor pools and hot tubs, fitness center with exercise classes, children’s playground, and arcade.
The timeshares of Grand Timber Lodge have been sold in huge numbers and will most likely continue that way. The advantage of buying a timeshare this way is that you can usually get a discount of anywhere from 50% to 75% off the retail price. That is a lot of money saved on a large purchase! Buying timeshare resale is the smart way to go!

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Hurricane Odile Batters Cabo San Lucas Resort Area

**UPDATE**

This video was just released from Cabo San Lucas’ Holiday Inn Express lobby. Newsmen were in the lobby during the eye of the storm when it was calm. Suddenly the storm winds returned but from the opposite direction. The video shows the dangers (flying couches!) of being exposed to this kind of storm.

Winds reaching 135 mph lashed the coast of Baja Mexico yesterday bring damaging surf and tidal surge. Hurricane Odile was rated a Category 4 hurricane when it struck the peninsula. The resort heavy area of Cabo San Lucas took a direct hit from the storm and reports are just starting to come in about damages to the area.

You can expect widespread power outages, downed utility lines, and structural damage to buildings at the least. Timeshare resorts in the area are yet to report the extent of the damages to their facilities but you can be sure they will be back in business as soon as they can. The fall tourist season is starting and everything is being done to expedite repairs and restoration of roads, utilities, and services.

Hotel in Cabo San Lucas After The Storm

Timeshare resorts in the direct path of the storm include:

Here’s more details from weather.com:  “About 30,000 tourists were being put up in temporary shelters in hotels and Los Cabos International Airport was closed. Emergency officials reported that 135 people were treated for minor injuries from flying glass or falling objects, but there were no serious injuries or deaths so far.

In Colonia Unidad Real, a neighborhood that sprang up years ago in a former creek bed, hundreds of homes were damaged or destroyed with debris scattered everywhere.

Odile made landfall near Cabo San Lucas late Sunday night as a powerful Category 3 hurricane with winds gusting over 100 mph.”

More updates from weather.com on timeshare resorts in the path of the storm: “At luxury hotels in Cabo San Lucas, windows were blown out, structures were destroyed and lower floors were flooded, while entire neighborhoods were leveled and trees and power lines were toppled across Los Cabos.”

Yes timeshare owners should be concerned. If you have vacations scheduled in the near future (six months) try searching forums or message boards for property owners at your resort who are talking about the status of the resort. Phone lines and other communication will be down for a while.

Reports are also coming in that the government has sent in troops to secure the area to protect from looting and further losses.

 

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Top Ten California Timeshares Sold

Palm Springs VacationsIf you mention Palm Springs, Palm Desert, Newport Coast, or Carlsbad California images of great vacation moments come to mind. And that’s not just for residents of California. Vacations, travel, and tourism in California is a huge business. Total direct travel spending in California was $106.4 billion in 2012. Travel spending in California directly supported 917,000 jobs, with earnings of $32.3 billion. Luxury timeshare developments are still growing in their market share of tourism lodging for the state. In addition, timeshare resorts continue to report a higher occupancy rate and spending than hotels. By nature they always will! Timeshare owners have already paid for the privilege of staying at the resort and only have to keep maintenance fees up to date to use their timeshare. Once obligated by “owning a week” at a timeshare vacation travelers are more likely to use it.

Knowing which timeshare resorts are in demand in California does many things – especially for those who own timeshares in California. Most significantly it will let the timeshare owner know just how their timeshare ownership competes with others when it comes time to sell. Yes, everyone eventually parts with their timeshare one way or another. It is just a matter of time.

Not just another list, these ten timeshare resorts in California have proven themselves to be the best on the resales market. The list was generated from real sales data, not just “offers”. So here they are, California’s best timeshare resales based on number of units sold.

Marriott's Shadow Ridge Timeshare

Marriott’s Shadow Ridge Timeshare

Marriott’s Desert Springs Villas I and II – Surrounded by two 18 hole golf courses in Palm Desert, Marriott’s Desert Springs Villas timeshare sets the standard for quality, luxury, and great service.

Four Seasons Resort Aviara – Located in Carlsbad California, Four Seasons Aviara timeshare villas feature luxuriously appointed rooms, Arnold Palmer Championship Golf Course, breathtaking views, and unparalled service.

Marriott’s Newport Coast Villas - Newport Coast Villas timeshare is a beautiful resort situated on a majestic bluff overlooking Newport Beach and the Pacific Ocean. This timeshare resort is one of the top best sellers of all time!

Lawrence Welk Resort Villas – Famed for its golf and heritage Lawrence Welk Resort Villas timeshare is a year round vacation destination located in the heart of San Diego County.

Completing the list are Carlsbad Inn Beach Resort, Palm Canyon Resort and Spa, Hyatt Highlands Inn, San Luis Bay Inn, and Marriott’s Shadow Ridge.

Some of the most beautiful resort destinations on Earth are in California. Follow the links above for tons of photos and information about these great timeshares.

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Did You Finance Your Timeshare? You Need To Read This!

If you have ever financed a timeshare purchase chances are you are paying way more than you think!

The infamous timeshare deal

The worst possible situation to make a large purchasing decision is during the “timeshare presentation”. Think about all the cards stacked against you. You have been having the time of your life, you have enjoyed wonderful accommodations, great meals, and now the pitch. And if $19,000 is too much to pay on the spot (the average cost of a timeshare) then they can finance it for you. You have financed a car before, right? It likely does not work the same way with a timeshare.

Many of the top timeshare developers like Marriott, Hilton, and Bluegreen use major credit card companies to finance their timeshare sales. The first typical six months of payments are okay. However the interest rates jack up later and make the timeshare harder for the buyer to afford.

Meanwhile, the timeshare developers are deferring their taxes and stretching out their tax on sales over several years. By doing that they save millions in taxes.

I am no accountant. But it looks like this business model is set up to benefit the shareholders. The timeshare owners? Not as much.

Timeshare owners then have the experience of increasing monthly payments, annual maintenance fees, and the unwelcome surprise special assessments when hurricanes roll by.

What is a timeshare owners to do? You do have a few choices. Sometimes you can refinance the timeshare through your Credit Union or bank. They could possibly give you a better deal than what the timeshare resort developer has done. That would save you a considerable amount of money in interest payments alone.

By then, some timeshare owners are getting so frustrated and annoyed by the whole deal that they let the timeshare get foreclosed on. Bad idea – for all the reasons you can imagine.

Now You Can Relax!

On the other hand if you had a timeshare resales specialist working for you to find a buyer for your timeshare, maybe you could get your timeshare sold for enough to pay off the loan.

There is a market for timeshares on the resale market. Buyers are looking for deals. Sometimes they give ridiculously low offers and nothing comes of it. But some timeshare buyers realize the discount they are getting compared to the timeshare developer and make the deal. NOT paying retail price is a good thing!

If you are in a bind with your timeshare, sell it. Once it is done you will be glad you did.

 

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Timeshare Exchange Guarantee

Is this what you got on your last timeshare exchange?

Timeshare Exchange with a guarantee of getting what you want? The truth is that does not happen very often. The success that is. You will hear sales people tell you that you can exchange timeshare for any place and any time.

What they timeshare salesman did not tell you was that you have to be able to plan your vacation six months in advance, be flexible on each of your choices, and request different times to raise the likelihood of getting an actual exchange that works.

So who among us timeshare owners can predict three different weeks that we can get off work for a vacation?  Just what I thought. Just about nobody.

The best chance of getting what you want in a timeshare exchange through RCI or Interval International is to plan as far in advance as possible. Request your vacation time as soon as possible. It also means that if you want for example a ski vacation do not just request your favorite place like Park City. Spread your request over several areas like Park City, Breckenridge, and Lake Tahoe. And for each location request a different week on the calendar like weeks 6, 7, and 8. Those variables will greatly increase your chance of getting a week in exchange for what you banked.

If you value the timeshare you purchased and the maintenance fee you pay each year you owe it to yourself to get the benefit of owning a timeshare. So don’t let the week rot away in the RCI or II bank. They will be glad to rent out that week for themselves.

Work the system, get your timeshare exchange, and get the well deserved vacation you need! RPMLS.com

Don’t Let It Get To This Point!

However, if your inability to exchange your timeshare for what you want (and deserve!) has frustrated you to the boiling point there is a solution: Sell your timeshare. Maybe you’ve considered that option or even attempted to sell it yourself. But if you have continued to pay maintenance fees for a timeshare that you can never get, for a vacation you never take, or for good times you’ve paid for in advance but aren’t having any fun then sell the timeshare.

There is no mystery or secret to selling your timeshare. It is just a matter of getting the right help and setting the price so that a buyer finds it an attractive purchase. You will not have the advantage of a pressurized sales pitch but what you will have is negotiating help when you use a timeshare resale specialist.

That’s money in the bank. A real bank.

 

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Jamaica Approves Timeshare Vacations Bill

Jamaica SurfingTimeshare resorts are finally on the way to Jamaica!

The House of Representatives passed the Timeshare Vacations Bill this week. It was developed by the Minister of Tourism and Entertainment, Dr Wykeham McNeill. Having reviewed the research showing timeshare or vacation ownership to be one of the fastest growing sectors of the global hospitality industry, he pushed forward to make it a permanent part of Jamaica’s tourism economy.

Dr McNeill said, “prospective investors have shown an interest in developing timeshare in Jamaica, and this can be of particular benefit as it includes a mix of accommodation such as integrated leisure resort facilities with luxury condo resorts.” Additionally, “It has the potential of further fueling the dynamic growth which Jamaica’s tourism sector is currently enjoying,” the minister added, noting that timeshare schemes also provide employment and can readily inject funds into multipurpose projects.” (Jamaica Gleaner)

ritz carlton jamaica

Ritz Carlton Jamaica

A side benefit of the timeshare ownership industry coming to Jamaica is reducing the seasonality they experience in the sector of lodging and accommodations. It will also increase the quality of facilities, heighten the level of occupancy, and attract some of the best known brands in the world.

The bill that was passed contains two main sections: giving recognition to right-to-use agreements through contracts and deeds, and regulating the marketing, promotion, and sales of timeshares. A Timeshare Vacations Registry will be established through the Jamaica Real Estate Board.

So in anticipation of this approval, all eyes are turning towards Hilton Grand Vacations Club, Marriott, Sheraton, or even perhaps Disney Vacation Club to invest in property for development, construction, or retooling from hotel to timeshare.  Although it is unlikely that hotels will be adequate for the quality timeshare owners and developers demand from their “product”. Timeshares are normally high end properties with a long list of amenities and luxuries that are seldom found in a simple hotel.

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What Do Timeshares Do For The Economy?

Polo Towers Timeshare Las Vegas

Polo Towers Timeshare Las Vegas

What sort of impact do you think the timeshare industry has on the economy in the US? Does it matter? Of course. This vacation oriented industry creates jobs, contributes taxes, and generates economic activity that helps to keep the economy moving along. It can also be an indicator of how the nation’s economy is doing. Timeshare sales typically decline along with the economy and can be a predictor of growth and recovery as well.

“The U.S timeshare industry contributed an estimated $68.7 billion in consumer and business spending to the national economy in 2013, according to a study conducted by Ernst & Young for the American Resort Development Association (ARDA). That includes a total of 473,000 jobs with $23.6 billion in income, the study reports.” This quote from Travel Agent Central’s website confirms just what we in the timeshare industry all know: timeshares are a valid and valued service and product that the public wants.

Continuing on from the study by Ernst & Young: “Combined direct, indirect, and fiscal impacts in 2013 by the U.S. timeshare industry included $68.7 billion in consumer and business spending, 473,000 full- and part-time jobs, $23.6 billion in salaries and wages, and $8.5 billion in tax revenue.”

Renewed construction of timeshare towers and other interval related projects have continued to grow along with sales of already existing timeshare resorts.

Some resorts are reporting selling fewer units but with higher sales prices. As a result their dollar sales volume has increased while the numbers of closed sales has in fact fallen. But sales have not fallen enough to make a negative impact on profit. Those who trade stock in timeshare resort companies are rating quite a few timeshare companies as a “buy” or at least a “hold”. That is a much better rating than ” run away, run away! ”

Sedona Summit Timeshare Resort

Sedona Summit Timeshare Resort

With all the research and study of the resorts’ success in selling timeshare, what about the timeshare resale industry? Those numbers are hard to find. Timeshare resales by individuals and Realtors are very hard to find data for. However estimates are that timeshare resales are the fastest growing sector of timeshare sales. The advantage is that the asking prices from the owners will depend on the individual owners. They will not have to make an additional 50% to cover marketing and “advertising and promotion. Marketing costs are responsible for a significant portion of the final timeshare price accounting for at least 43 per cent and in most cases in excess of 50 per cent to the timeshare price. Compare this figure with Procter and Gamble, the global manufacturer of consumer products, whose worldwide television, print and electronic media costs amounted to 10 per cent of the sales. ”  Journal of Retail and Leisure Property

The timeshare industry adds jobs, pumps billions of dollars into the economy, and pays taxes. Timeshares make a huge impact on the economy – wherever they are.

 

 

 

 

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Hotel VS Timeshare - Space Value Luxury

Today’s timeshare deal of the day on RPMLS.com highlights a huge reason why timeshares are a great choice for many people.

Just consider what you’d get with Universal Vacation Club at Villa del Palmar.

Then compare it with a comparable motel in the same region. What you’d probably get is a SMALL room.

You would have just enough room to get more than one person in there but don’t plan on moving around. There’s just not much space. You’d have to open the door to change your mind.

SMALL.

The second most likely thing you would encounter would be a lack in maintenance. Just basically run down. Take the swimming pool for example. This is a real hotel pool photo from a hotel that was open for business:

My Summer Vacation!

I bet you have found that hotels or motels are not that cheap any more. Around Orlando FL for example, finding a motel for less than $100 a night would involve being willing to have your car jacked up and wheels stolen. Not worth it is it?

Then just think of other benefits you get from staying in a motel. Well, there aren’t any.

All you get is a bed to sleep on.

Turning the page – look at what you get with a timeshare for your vacation. The example I chose simply came from a featured timeshare on the front page of RPMLS.com:  Universal Vacation Club at Villa del Palmar, Mexico. This one has just come available for sale for $5,995 and is a two bedroom annual use timeshare. Here’s a pic of that one:

Notice a trend already?

Universal Vacation Club at Villa del Palmar

Universal Vacation Club at Villa del Palmar

How about the living area? How much room do you typically get with a timeshare?  What about the pool? Other amenities? You guessed it. You’d get a full kitchen, laundry facilities, well maintained facilities, nice landscaping, and a relaxed atmosphere to spend your vacation in.

So now you make the call. What makes sense? The timeshare: Comfortable, space, amenities, affordability, something you can count on.

You also have plenty of choices when you go with a timeshare. Whether you are looking in Orlando, Las Vegas, Hawaii, Mexico, Aruba, Colorado, Utah or anywhere else you can find Five Star timeshare resorts that are affordable and beautiful.

Universal Vacation Club at Villa del Palmar

Universal Vacation Club at Villa del Palmar

The timeshare market is still growing and gaining momentum as I write this. Having recovered from the Recession of a few years ago, timeshare resorts are ramping up sales, tours, and construction to meet the high demand for vacation ownership products (translated: timeshares). And despite the decades old reputation, timeshares are perceived as a new and smart product. Selling your timeshare is getting easier and buying a timeshare is getting more affordable as well.

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Enjoy Miami On a Budget

Marriott Ocean Pointe Resort Timeshare Resort

Marriott Ocean Pointe Resort Timeshare Resort

Even though it is a delightful fall season of beautiful autumn colors and cool relief from the summer – it won’t be long before winter storms begin.

With winter storms on the way, is anyone thinking of escaping to Miami, Florida? I would be!

Remember this storm: Winter Storm Janus?

Winter Storm Janus ForecastWinter Storm Janus Forecast: Wind-Driven Northeast Snowstorm from Washington to Boston

So what about this Miami idea? The Kansas City Star ran an article on frugal travel to Miami. But they left one big savings option out: Timeshare!

Buying or renting a timeshare will give you finer luxury accommodations, greater amenities, and more options at an affordable price. If you want to stay at South Beach be prepared to pay top dollar for hotels there. If you rent a timeshare there you will pay less than half the going rack rate.

If you own a timeshare in Miami you will save hundreds on every trip. If you buy a timeshare in Miami on the resale market you will pay at least 25 percent to 50 percent less than the retail price.

Here are some other great tips for cheap or free stuff in Miami:

Activities: The Miami Beach Botanical Garden provides a free tropical oasis in the heart of South Beach totaling more than four acres. More of an art fan? The Miami Art Museum offers free admission on the second Saturday of each month. Exercise enthusiasts on the other hand, will want to visit Bayfront Park, which hosts free outdoor yoga classes on Mondays and Wednesdays at 6 p.m., and Saturdays at 9 a.m.

Transportation: As any local can tell you, parking in Miami isn’t usually cheap. That makes the Metromover, downtown Miami’s above-ground rail system a popular choice for visitors and locals alike. The Metromover is free for anyone to ride, and stops at all major downtown destinations. Boarding times are convenient, with cars arriving every ninety seconds during rush hours, and every three minutes during off-peak times.

In December: Art Basel Miami Beach, Design Miami. February: Food Network South Beach Wine & Food Festival. This is a huge event! Expect traffic and reservations hard to get. Also in the Fall – Junior Orange Bowl Festival, Columbus Day Regatta, South Miami Art Festival, Miami Book Fair International, Harvest Festival, Ford Championship Weekend – NASCAR, and White Party.

Marriott Ocean Pointe Resort Timeshare Resort Miami

Marriott Ocean Pointe Resort Timeshare Resort Miami

You can find anything in Miami! Professional football, basketball, NASCAR, international fishing tournaments, arts festivals, music festivals, cultural events from a myriad of choices, and the hottest night life in the world!

Right in Miami Beach!

Do it right. Rent 0r buy a timeshare and save your serious coins for other things to do in Miami.

Marriott’s Ocean Pointe Timeshare Resort is one great place for a vacation. Located on Palm Beach Shores and offers three swimming pools with whirlpool spas, tennis courts, health club, convenience store, and a children’s playground. Each unit includes an oceanfront or ocean side view, whirlpool spa in master bath, full kitchen, living and dining areas, and washer/dryer. Nearby is an abundance of golf and water sports as well as fabulous shopping on Palm Beach’s legendary Worth Avenue.

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Why Las Vegas Timeshare Sales Point To A Rebounding Las Vegas!

Since 2008 very little expansion has happened with timeshare resorts. In fact, nearly zero. Sales of timeshare had dropped in a dramatic fashion and the “paper” associated with timeshare financing became a hard thing to sell. So timeshare development and construction came to a halt.

In 2013 several major players restarted or started construction projects for timeshares in Las Vegas. Hilton, Marriott, Westgate, and Wyndham have jump started projects and are building again.

GrandView Las Vegas Timeshare for sale

GrandView Las Vegas Timeshare

From ReviewJournal.com:

■ Construction of a new tower at Grandview at Las Vegas, near South Point, taking it from 1,556 units to 1,856, according to the LVCVA survey. Completion is projected for early next year;

■ The Hilton Grand Vacations unit of Hilton Hotels & Resorts purchased 300 units at the Trump International Hotel to add to its luxury timeshare portfolio;

Marriott Vacations Worldwide last month topped the third 37-floor tower of its off-Strip Grand Chateau. This will add 223 units to the property;

■ Construction has resumed on the Desert Blue timeshare, planned at 281 units, after a four-year hiatus. Wyndham Worldwide sold the project to another developer in June for $117 million, including only $3 million for the unfinished building itself and $114 million of the timeshare units available to sell. As part of the transaction, Wyndham has committed to repurchasing the project for $309 million at an unspecified date unless a different buyer steps in, according to Wyndham regulatory filings.”

There are additional reports that Westgate Flamingo Bay had the best sales year ever in 2012. Hilton Grand Vacations, Marriott, Wyndham, and Westgate have all reported that timeshare resales in 2013 were far better than the previous 4 years and the growth is already being seen in 2014.

Now lets translate that into something a timeshare owner could put to good use. With the renewed timeshare sales and tours at timeshare resorts comes huge numbers of potential timeshare buyers. Yet these buyers are reluctant to buy their timeshare from the resort itself.

Marriott Grand Chateau timeshares for sale by owner

Marriott Grand Chateau

Why? Maybe they had a bad experience with the first timeshare they bought. Or maybe they just don’t want to pay the going retail price. Either way they are wanting to buy timeshares in greater numbers and if you are ready to sell your timeshare this could be the time to sell your timeshare. There is no better time to sell your timeshare than when the demand is high. Evidence of the high demand is seen in the renewed construction and development activities by the resorts. They would never take that kind of risk if they were not confident there was a market for their product.

If there is a market for the new sales of timeshares, there is an even greater market for timeshare resales. People are always looking for ways to save money on big purchases. Buying a timeshare on the resale market is a way to do just that.

Sales of timeshares are hot and getting hotter! Now is the time to sell your timeshare.

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Answer These Three Questions First!

Marriott Grand Chateau Las Vegas Timeshare 3

Marriott Grand Chateau Las Vegas Timeshare

I have been searching for a while for information about selling my timeshare. I began with a basic inquiry to my timeshare resort to see if they would sell it for me. No luck there. All they seem interested in is collecting my maintenance fees every year.

Next I did a Google search for “sell my timeshare” and got 14 billion results. Somebody want to wade through all those results for me?

Then I called on my local Realtor in California to help me out. He had no idea what timeshares were.

Then I recalled I had an old friend that worked in the timeshare resales business and I called him.

He suggested that before enlisting the help of any timeshare resales company that I ask them these three questions:

Sold1. How many timeshares has your brokerage sold?  That trips up quite a few from the start. That is because so many companies that claim to help you sell your timeshare never actually do any selling. They’d have no clue what to do with a timeshare sales contract if they got one. Nothing sells like experience – especially when a real property is involved. Without that specific kind of experience you’d be taking a huge risk of that person leaving out a key step in getting your timeshare OUT of your name and IN to the buyer’s.

2. What type of license do you hold to do business? And where can I verify that? You wouldn’t believe how many times I got a dial tone after asking that question. If they are a reputable company they should hold a real estate license, a broker license, or at least belong to a professional association that validates their credentials. Along the same lines would be asking for a street address. Where is their office located? Are they members of a Chamber of Commerce or Business Association?

3. What fees are involved in selling my timeshare? They should disclose everything from the beginning. They should address things like: Who will pay the closing costs? Who will pay next year’s maintenance fees and taxes? What is the name of the title company you have used before? What are the title company and escrow fees? Who pays those fees? What is the sales commission?

If a timeshare resales company can satisfy me on all three questions I have a better chance of getting my timeshare sold without any surprises or crises.

It is worth the time it takes to ask these questions before getting wrapped up in the emotions of selling your timeshare.

 

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Top Ten Beach Timeshares

Whether you are looking for surfing, diving, playing on the beach, or just soaking in the sun, here’s my totally unscientific top ten picks for beach resort timeshares:

cabobeaches10. Marriott’s Aruba Ocean Club – Separated from the magnificent Caribbean Sea by a lovely white, sandy beach, this Five Star property offers the ultimate in luxury vacations.Accommodations range from one to two bedroom villas that are elegantly appointed with full kitchen, kitchenette, formal living and dining areas, whirlpool spa in master bath, private balcony with ocean view, laundry facilities and more.

9. The Royal Mayan Cancun, Mexico. Guests will love this fabulous Five Star resort just a few minutes from a Mayan archaeological site and a championship golf course.

8. Marriott’s Kauai Beach Club – On the southern coast of Kauai, 51 tropical acres provide the garden setting for Marriott’s Kauai Beach Club. The one and two bedroom vacation ownership villas and luxury hotel offer two restaurants, world-class swimming pool complex, two championship golf courses, tennis and a myriad of beach activities on the quarter mile of Kalapaki Beach.

7. Mayan Palace Nuevo Vallarta – Situated on the beach, 15 miles north of Puerto Vallarta, Mayan Palace Nuevo Vallarta is a retreat for recreational water activities. When the sun goes down, explore the exciting nightlife, designer shops, and the international restaurants of Puerto Vallarta.

6. Westin Ka’anapali Ocean Resort Villas – Accommodations feature lanai with ocean view, stone flooring and distinctive Hawaiian themed decor. Activities and amenities include two spas, waterslide, steam room, swimming pool, gameroom, poolside bar, sauna, fitness center, tennis,washer and dryer in both portions of the lockout units and more.

5. Marriott’s Maui Ocean Club – My top choice for Maui, located on one of the world’s most famous beaches is Marriott’s Maui Ocean Club. Amenities include golf, tennis, watersports, lavish swimming pools, waterfalls, live entertainment, health club, shopping, restaurants, children’s activity center and much more. Suite amenities include private balconies, separate living and dining areas, and kitchenette. Don’t miss historic Lahaina only minutes away.

4. Pueblo Bonito Rose Resort – This awesome resort is located in the mystical, desert landscape of the southern Baja California peninsula. Situated at Land’s End, Pueblo Bonito Rose is surrounded by beautiful coastline, magnificent sea life, and the majestic nature of Los Cabos.

3. Charter Club of Marco Beach – One of the best of Florida’s Ten Thousand Islands, Marco Island will delight water lovers, sightseers, and sun worshipers. A beachfront location allows guests to be right in the midsts of one of the world’s best shelling areas.

2. Vidafel Mayan Palace-Acapulco – This fabulous tropical paradise is in the new Acapulco Diamente Zone and offers beautiful lakes and gardens thoughout the property. Amenities include golf, tennis, restaurants, beach, live entertainment, playground, and the largest swimming pool in the world.

1. Harborside Resort at Atlantis – My number 1 choice. Surrounded by the beautiful Caribbean and pure-white beaches, Harborside Resort at Atlantis is ideally situated in the perfect spot for relaxing and adventure. These luxurious villas feature full kitchens, formal living and dining areas, whirlpool bath and private terraces.

So that’s my top ten. Let me know if you would nominate others for this list!

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New on the Timeshare Market - Grandview at Las Vegas Week 46

Fresh on the timeshare resale market is this 1 bedroom week 46 at Grandview Las Vegas! It is priced at $11,100 and the owner is ready to get it sold!

If you want to bid on this Grandview Las Vegas condo just follow the link.

Grandview at Las Vegas Timeshare For Sale!

Grandview at Las Vegas Timeshare For Sale!

More about the Grandview at Las Vegas:

Vacationing at The Grandview at Las Vegas affords you and your family the ultimate in entertainment. From spine-tingling volcanic eruptions to pirate battle reenactments, the Las Vegas Strip and surrounding area offer entertainment opportunities for one and all. Las Vegas is unsurpassed when it comes to spellbinding stage shows and extraordinary entertainment, too. And there are slot machines, high stakes table games, blackjack, craps, roulette and even the very latest in reel and video gaming, too.

Resort and room amenities include:  Professionally decorated in a desert sunset motif, Spacious one- and two-bedroom floor plans, Kitchen, living room and dining room integrated for entertaining and enjoyment, Ceramic tile in living areas, Washer and dryer in every unit, Fully appointed kitchen equipped with dishwasher, range, coffee maker, toaster, ice maker, full-size refrigerator and microwave oven, Wireless Internet available in every room at a charge, Entertainment center complete with 36″ television, and compact disc stereo system, All linens and bath towels provided, 27″ color television in bedroom, Weekly maid service (daily service available upon request for minimal fee), and King-sized bed and queen-sized sofa bed.

Be sure to take a look at these other Grandview at Las Vegas timeshares for sale.

Grandview at Las Vegas Timeshare For Sale Now

Grandview at Las Vegas Timeshare For Sale Now

Las Vegas timeshares continue to be a terrific value. Several hundred thousand people own timeshares in Las Vegas and on any given day several thousand want to sell. That’s where you come in if you want to buy. You can get a huge discount when you buy timeshare on the secondary, or resale market. Usually between 25%  to 50% off the resort developers’ pricing. That is a lot of money!

For those who are considering selling their Las Vegas timeshare now is the time to do it. Consumer confidence is being proven daily with increased resort tours and sales through traditional methods. People are definitely buying today and yours could be next. As a bonus, you’ll never pay a maintenance fee again once your timeshare is sold! And, by the way, that’s the number one reason people sell their timeshares  – the maintenance fee. Sell it. You’ll be glad you did.

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