Considering Investing in Timeshare?

Follow These Four Simple Steps, and It Just Might Work – Don’t, and You’ll Lose Your Mind

Timeshare Presentation Lure

Right away you need to remember a timeshare is not an investment in the traditional sense. If you buy a timeshare with the notion that it will grow in value allowing you to sell it down the road for a profit you have made a common mistake.

Investing in Timeshare can be a good choice if you consider your future vacations as an investment in your leisure time and a cost savings against inflation.

The salesperson at the resort will tell you it’s a great investment because it’s less expensive than renting a hotel for the week, it can be traded (banked) for another resort anywhere in the world, certain weeks are a better deal than others, and it will gain value as the resort starts to sell out.

Wrong!

A timeshare salesperson is there for one reason – to sell you a timeshare.  They tell you what you want to hear, not what you need to hear.  However, investing in timeshare can be a great investment if you do your homework and learn the lingo of the timeshare industry.  Here are the basics you need to know before you consider buying into timeshare.

Location  Picking a location is actually more complicated than it seems, and here’s why:

The Obscure  Though you may think Connecticut in the summer or fall is a great vacation spot with its natural beauty, old world colonial charm, and proximity to the mountains, New York City and dozens of historic sites, most people have never been to Connecticut let alone consider it a hot vacation spot.

Avatar Disney Theme Park

The Overbuilt  No doubt Florida, in particular, Disney World, is one of the most popular vacation spots for families.  It makes sense to assume a timeshare close to extremely popular vacation spots is a sure bet.  The problem with this, and other very popular vacation spots is there are so many timeshare weeks available, chances are you won’t be able to rent out your week unless it’s a hard week for people to find like Christmas week.

Red Week, Blue Week  Timeshare has two classes of weeks – red and all the others.  Red weeks are those considered “in season” and the most popular time to go.  Blue weeks (white, shoulder season, off season, etc) are “out of season” and though less expensive than a red week, no one wants to go to Martha’s Vineyard in February.  Do not buy a blue week!

Resort vs. Resale   Resort salespeople are very charming.  The resort also gives perks to get you there like a “free vacation” or other goodies that sound too good to be true.  They want you to buy your timeshare through them.  They want their commission.  Don’t do it.  There are thousands of timeshare weeks for sale through resale companies and by owners themselves.  A resale company with knowledgeable real estate agents and a data base of timeshare red weeks at resorts around the world is your best bet. It is not unheard of to save 50% to 75% off the retail value when you buy timeshare resale.

Don’t Bank Your Week!  Banking your week with the hopes of going anywhere in the world is slim to none.  The truth is, the companies you bank your week with will wholesale it to various resort and hotel companies without your knowledge.  You know the commercials about getting the best deal in hotel rooms.  That’s your room, and you get nothing for it.   Do your homework and Google what other resort suites at your timeshare resort, or in the same area are going for.  Be sure to make your comparison based resorts with ones with comparable amenities and proximity.  After you get a general idea on what the rooms are going for, price your week accordingly and rent it yourself through websites like Ebay or Craigslist.  Better yet, use a company which specifically rents timeshare for you.

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.

We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392

or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

Related Timeshare Articles

The Disappearing Timeshare

As I get older I frequently find myself searching for things like my car keys, glasses, and wallet.  You may know the feeling! So when I went to book my vacation with XYZ Timeshare Resort I knew I owned a certain week there but it was gone! What I mean is as soon as I submitted my request I was notified it was not available.

“On a hunch” I went to a wholesale travel website and, believe it or not, it was there – for rent for over $500 a night!

My timeshare was hijacked by an online travel site on the web: Hotels.com $539 – Hotwire.com $519 – TripAdvisor $519

So how do I go about getting my week at the timeshare resort back? Seriously? I paid for it several years ago, kept up with the maintenance fees, upgraded from a deeded week to points, paid the upgrade fees, and now they tell me I have to rent it from RipMeOff.com? I’ll never get it back and it is too late to trade.

This is happening at all the timeshare resorts: They rent out tons of weeks (OUR WEEKS) to non owners with the hopes of selling them timeshares. Plus, the rooms were already paid for by us – the owners – and maintained by our annual maintenance fees.

I give up!

Rather than let it get under my skin one more day I am going to dump this timeshare. I know it was a mistake to buy it in the first place, although it seemed like a good idea at the time. Before I bought my timeshare the timeshare sales people explained in detail how it would save me money. After I bought the timeshare the developer continuously came up with ways to extract more money so I could use what I thought I had already paid for.

Imagine buying a new car where most of the parts are guaranteed to fail in the first year, but the sales people never tell you about it. That is how I felt after I bought my timeshare: rising fees, special assessments, unable to trade or bank it without more costs, and a decline in value that is worse than owning stock in Enron!

The con game being played after I bought the time share is just too much to deal with. I’m going to sell my timeshare and be done with it once and for all!

Thanks to Crash for inspiration for this story!

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

Related Timeshare Articles

Timeshare Brokerage Celebrates 38 Years Of Worldwide Resales For Individual Owners

Harborside Atlantis Bahamas

Harborside Atlantis Bahamas

In 1981 the timeshare industry in the United States was in its infancy. There were a handful of resorts, two timeshare exchange companies, and the first purpose-built interval ownership resort in the United States, Sanibel Beach Club, was just 7 years old.

Despite the small beginning, from the outset there was a problem in owning a timeshare: What do you do with it when you don’t want it any more?

Because there were a small number of timeshare owners, the problem had not come into play much yet.

Still the dilemma remained: What is a timeshare owner to do when their timeshare is no longer needed, wanted, or desired?

That is when Timeshare Resale Broker.com was born. Looking down the road they could see that timeshare owners would need help in selling their timeshares. After all, timeshare owners did not know each other, did not know how to reach potential timeshare buyers, did not have the ability to “show the property” in the traditional sense, and could not find a title company to close this kind of a transaction across so many jurisdictional real estate sales lines.

Timeshare Resale Broker accomplished that very task and solved the timeshare owners’ problem.  They developed a system of connecting timeshare owners and buyers through ongoing timeshare auctions. Timeshare Resale Broker developed a computerized timeshare listing system that enabled timeshare resales specialists with a Real Estate License match buyers with seller’s timeshare inventory.

ReadthefineprintOn the surface it sounds simple. But right away as timeshares sold, issues began to surface that had to be ironed out. For example, if the seller lives in Nebraska, the buyer lives in Iowa, the timeshare is located in South Carolina, the title company closing the deal is in Illinois, and the timeshare broker is in Texas whose real estate documents do you use? And this is only one of many complications that sets timeshare resales apart from residential property sales.

But through thousands of timeshare sales, from every state that has a timeshare, the experience built a timeshare resales company with the kind of experience that is not easy to accumulate. In fact, they “wrote the book” on how to accomplish the majority of transactions they were able to facilitate.

Since 1981 Timeshare Resale Broker has closed hundreds of timeshare sales generating over $100 Million. They have sold timeshares located in 29 countries and talked to buyers for those timeshares from 89 countries.

Nothing can take the place of experience. Timeshare resales relies heavily on that kind of experience to know how to get things done in order to close a timeshare sale.

So, thanks to Timeshare-Resale-Broker.com they’ve solved the problem!

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

 

Related Timeshare Articles

Buying or Selling Timeshare? Top Four Reasons A Timeshare Resale Broker Is The Wise Choice!

The numbers haven’t come in yet since it is the last week of December, but timeshare sales in the US are poised to beat last year’s sales again. It is safe to say the timeshare industry has completely rebounded from the sales slump of 2007 – 2008.

There were 1,547 timeshare resorts in the United States in 2015. The sales volume climbed from $7.9 billion in 2014 to $8.6 billion in 2015. And higher again to $9.2 billion in 2016! We should know in a few months how 2017 fared. But the indications from quarterly sales reports are showing increases from every quarter in timeshares sold by the resort developers.

I think is is possible to hit over $10 billion in timeshare sales in 2017.

As more and more people are owning and buying timeshares they are quickly learning about the timeshare resale market. Everyone loves getting a big discount! Especially on something that often costs more than $20,000! And if you can get from 25% to 50% off – or more – you will do what ever it takes to find out how that works.

The key to buying timeshare at a huge discount is by using a timeshare resale broker:

  1. A timeshare resale broker has training.
  2. A timeshare resale broker has accountability.
  3. A timeshare resale broker adheres to a high code of ethics.
  4. A timeshare resale broker won’t make a sales commission until they make a sale for YOU!

Real estate training specific to timeshare is simply a “must have” when it comes to getting your timeshare sold and closed. Very few real estate agents would know what to do to get a timeshare sale closed. That’s why a timeshare resales brokers’ specialized training will save you a huge amount of time, money, aggravation, and errors.

Real estate licensees must follow laws established by the states and federal government. If they should break these laws they are subject to prosecution and at the least forfeiture of their license in real estate. They are also held accountable for ongoing education and training in order to keep their license.

This is taken from the National Association of Realtors Code of Ethics, “The term Realtor® has come to connote competency, fairness, and high integrity resulting from adherence to a lofty ideal of moral conduct in business relations.”

And when it comes to making a sale, the sales commission is what keeps the Real estate broker working for you. Until they make the sale and close the deal, they make no commission!

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

TRB pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of one benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshare properties in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

Related Timeshare Articles

New Timeshare Resorts For 2017

Hilton Grand Vacations Club – Grand Islander

Now that Ocean 22 by Hilton Grand Vacations Club, the newest Club resort, is open for guests, you may be wondering what’s coming next. Three new Club resorts currently under construction will continue to expand timeshare vacation opportunities for Club Members.

Here’s a look at what’s happening with each of these timeshare resorts:

Hilton Head Island Resort
Another property has arrived on the Carolina coastline. The Club resort will open on Hilton Head Island, about 200 miles south of Ocean 22 in Myrtle Beach. Construction is complete, and it  opened in the fall of 2016. The new resort, which has yet to be formally named, will feature four buildings comprised of 125 two-bedroom units. It is located along a seven-acre stretch of one of Hilton Head Island’s most sought-after locations, South Forest Beach, between Coligny District and Sea Pines Plantation.

Maui Resort
Hilton Grand Vacations Club is coming to Maui! Construction began early in 2017 on the first Club property on Hawaii’s second-largest island. The resort, which has yet to be formally named, will be located in southern Maui on the eastern edge of Maalaea Bay adjacent to the Humpback Whale Sanctuary Visitor Center and Kalepolepo Beach Park. It will be developed in the style of a Hawaiian villa, featuring 740 feet of oceanfront property and 388 one-, two- and three-bedroom units. There is no update on when the new Maui resort is to open.

HGVC Grand Islander Resort

The Grand Islander by Hilton Grand Vacations Club
A new tower is up at Hilton Hawaiian Village Waikiki Beach Resort. Construction began last summer on The Grand Islander, a 37-story, 418-unit tower being built next to the Tapa Tower on Kalia Road. It features one-, two- and three-bedroom suites and penthouses, with full kitchens, spacious living areas and private bedrooms. The Grand Islander opened in 2017 and became the fifth Hilton Grand Vacations Club property on Oahu.

Margaritaville Resort Orlando

The expansive waterfront destination resort is an exciting addition to Central Florida’s thriving attraction and tourism scene. “Margaritaville Resort Orlando features a 187-room Margaritaville hotel, future plans for 1,000 Margaritaville-themed vacation homes, timeshare units, 30,000 sq. ft. of function space, 200,000 sq. ft. of festive retail space, a dining and entertainment district, a 12-acre water park, wellness center, miles of wooded fitness trails and a water taxi system,” said a release.

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

 

 

Related Timeshare Articles

Letting Go of a Timeshare You No Longer Need

Maybe you were on your honeymoon and wanted to relive the romance year after year, but are now content to be anywhere with your spouse mostly in a timeshare resort.  Maybe you had a favorite vacation spot your children loved to go, but now they are grown.  Maybe you loved to ski at a particular resort with the perfect trails and scenery, but now prefer the beach.

emptynest

Whatever the reason you no longer need or desire the timeshare you bought so many years ago, there are several ways to say goodbye, and the maintenance fees that come with it.

For example, you might be thinking “the resort will buy it back from me, or at least let me give it back to them. Right?”

Very few resorts will accept your timeshare back. They would rather you remain an owner who pays their fees every year. Even fewer will buy your property back.

“What if I gift mine to a charity or give it to someone?” Once non-profit organizations figure out they have to pay a sizeable annual fee they decline to accept a timeshare. Friends and family have the same concerns about the all the fees because they add up and normally they have no idea what a this type of ownership is all about.

“Do eBay, Craigslist, bulletin boards, or newspaper ads ever work?” Hardly worth the effort and who knows how to answer the calls from a prospect if they do call. Its best to use a broker.

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit.  We have a program that gets you out of your property without waiting for a buyer too.  This stops the fee payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

Related Timeshare Articles

Monopoly: The Rise and Fall of Atlantic City

atlanticcity1We all have played or, at least, know the game “Monopoly”.  There have been many variations of this game over the years, but the original version still remains the most popular one of all.  Created by the Parker Brothers in 1935 and later acquired by Hasbro in 1991, the main objective is to buy up all the properties you can and place hotels on them – creating a monopoly.  We all know Boardwalk and Park Place are the most valuable, while Mediterranean Avenue and Baltic Avenue are the least valuable.  What some of you may not know is this game is based on a real place: Atlantic City, New Jersey a timeshare destination resort area.

Atlantic City was a booming city and popular destination in the 1920’s, even before the legalization of gambling and alcohol.  With its beautiful beaches and close proximity to Philadelphia, many enjoyed a delightful train ride to Atlantic City’s beaches and the four mile stretch of its famous boardwalk.  Even better was the ability to indulge in illegal alcohol and gambling thanks to Atlantic City’s Sheriff Enoch “Nucky” Johnson.  Together with a clan of infamous mobsters, including Lucky Lucian, Johnson held a monopoly over Atlantic City’s illegal activities.

At the end of World War II, Atlantic City’s popularity was in decline.  People opted to travel by jets instead of trains.  People could travel further distances and enjoy other cities in America.  By the 1960’s, Atlantic City was in deep despair.  Crime, poverty and corruption ravaged the once glorious city until the late 70’s when gambling was legalized and shimmering and luxurious resort casinos began to adorn the skyline.

atlanticcity2

Atlantic City thrived during the 1980’s, along with booming timeshare sales at various resorts, but was once again was experiencing a decline in popularity: this time in the 1990’s.  With the revival of Las Vegas, two Native American resort casinos in Connecticut, and other casinos only a few hundred miles south of Atlantic City, six casinos in Atlantic City closed between 1999 and 2014. To make matters worse, in October, 2012, hurricane “Sandy” destroyed most of the north end of the famous boardwalk.

So what if you own a week at one of these timeshare resorts? You may have many questions and concerns regarding the future of Atlantic City.  If you continue to enjoy your timeshare, but dislike the cost of maintenance fees and an uncertain future, wish to sell or trade it for “points”, or just have an uneasy feeling about it in general, there are simple ways to fix your timeshare problem.

Sponsor Information:

Timeshare-Resale-Broker.com is the leader in the Timeshare Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for timeshare resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Timeshare Resale Specialists and members of NAR, the National Association of REALTORS®.

We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.

People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the timeshare properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting timeshare buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the time share albatross!  Call us at 1-800-247-4392

Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an unwanted time shares.  We have a program that gets you out of your timeshare without waiting for a buyer too.  This stops the timeshare payment burden right away.

We offer all our expertise to you!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.

 

Related Timeshare Articles

Are You A Good Potential "Upsell Customer" For Timeshares?

PAY TO UPGRADE!

PAY TO UPGRADE!

“Would you like fries with that?”, or “Would you like to supersize your meal?” are both prime examples of commonly used upsell phrases.

They already have you in the door. They know you desire their product. They know you are “sold” on the idea of buying their product and are ready to buy.

All they want to do is to convince you to get more of what you already want.

In comes the timeshare upsales program.

Once a year you go to your timeshare and are invited to an “update meeting”. They promise you it will be short and include all the newest improvements and changes to their program and resort.

What it ends up being is a sophisticated attempt to convince you to buy more of what you already own: timeshare. They want you to upgrade to a larger unit, a better section, a newer program, or a more desirable season of the year. The end result is that it will cost you – another hunk of your money at first and a larger annual maintenance fee.

The last thing you want to deal with on vacation

The last thing you want to deal with on vacation

They also turn on the heat with pressure to decide immediately and prey on your emotions when it comes to the value you place on your leisure time with your family: guilt, happiness, pride, etc.

The sales training regimen outlines the good potential “upsell customer” as someone who is presently happy with what they own, has good credit, an adequate disposable income, and a job. Once they’ve figured out you can buy more, they work on you until you do.

Relentlessly.

You see, it costs a fraction of marketing costs to get you interested in a timeshare. You already bought one. So their profit margin is HUGE if you get an upsell package. One major developer disclosed that in 2015 32% of their income came from upselling! Thats a third of gross sales from previous buyers! That is huge.

The moral of the story is when you take your timeshare vacation and agree to go to the “update meeting” leave your checkbook at home. Make up your mind whether or not you need more timeshare in your life. Some victims of the upsell attack have ended up owing over $100,000 after a few years of upsales gimmicks.

It’s just not worth it.

Related Timeshare Articles

Aruba - Timeshare Paradise - Best Deals On The Web

2016’s Black Friday shopping was bigger than ever! All sorts of records were broken with 11.4 percent increases over last year and “Cyber Monday” will likely also set more records for holiday shopping. Some estimates put it at over $3 billion in online sales for Monday the 28th.

True enough, people search for deals! They look for large percentages cut off of big ticket items like TV’s, computers, cars, furniture, sporting goods, clothing, accessories and the list goes on forever.

One of the larger purchases people can make after their home or car is their timeshare. Some folks spend well over $40,000 and far beyond.

Playa Linda Aruba Timeshare For Sale

Playa Linda Aruba Timeshare For Sale

Imagine being able to get 25% to 50% off every day of the year without waiting for Black Friday! You’d think no one would buy a timeshare at the normal retail rate.

But they do. Every day. Pay top retail prices every day.

Why? They haven’t learned that it is far better to buy resale than pay retail when it comes to buying timeshare. Buying a timeshare resale is just as reliable, costs far less, and you get the same thing!

Below I have listed the top selling timeshares in Aruba. Some of them go for well over $40,000 at the resort and people are happy to pay it. At least until they find out about buying timeshare resale. These top selling Aruba timeshares sell every day for up to 50% off retail and sometimes less! THIS is the place to shop for a timeshare. Why would you do it any other way?

La Cabana Aruba Beach Timeshare Resort


La Cabana Aruba Beach Timeshare Resort

Marriotts Aruba Ocean Club

La Cabana Beach Resort

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Fall 2016 Colorado Ski Resort Reports

With an average 18″ base of snow, these Colorado ski resort areas have about a quarter of their trails open:   Arapahoe Basin, Aspen/Snowmass, Beaver Creek, Breckenridge, Copper Mountain, Crested Butte, Eldora, Keystone, Purgatory, Steamboat, Vail, Wolf Creek, and Winter Park.  Thanks to a warmer and drier fall it does seem to be lagging behind compared to other years. November is almost over and more snow at the high altitudes must be on the way from out west.

Notable timeshare resorts for sale in those areas include  Grand Lodge on Peak 7Gold Point Condominiums, Wyndham Pagosa, Celebrity Resorts Steamboat, Christie Lodge-Phase 1, St. James Place, HGVC Valdoro Mountain Lodge, The Historic Crags Lodge, Marriotts Mountain Valley Lodge, and Vantage Point.

Marriott's Mountain Valley Lodge

Marriott’s Mountain Valley Lodge

Forecasts have said this ski season may be colder earlier this year, but it hasn’t panned out that way. Nonetheless avid skiiers have ample trails to choose from today and there are certainly more to follow early in 2017.

Some of the best deals remain timeshare rentals. Especially for longer term ski vacations of at least one week or more. Dollar for dollar you will get far more with a timeshare rental to base your ski vacation from than most of the other options. Plus you’ll have the extra room and amenities that make for a much more relaxing time in the snow.

 

 

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Maintenance Fees - Its That Time Of Year

Read the timeshare Sales Contract

What DOES the fine print say?

Your timeshare annual maintenance fee will be in your mailbox soon. It is that annual reminder that you not only own a timeshare but you will be paying for it the rest of your life.

That’s okay if you use your timeshare every year.

Some of us are not able to use our timeshare every year for various reasons – but we will get to that later.

The question a lot of us are asking: “How much will the fee go up this year?” According to most timeshare laws and policies it should not go up more than 25% a year. 2015 brought an exception to that limit for timeshares in Florida. A change to the law made taxes and some fees exempt to the cap on increases (Florida HB 453):

“In no event shall the total common expense assessment for the multisite timeshare plan in a given calendar year exceed 125 percent of the total common expense assessment for the plan in the previous calendar year.

b. Component site common expenses and ad valorem taxes shall not be included in calculating the total common expense assessment under sub-subparagraph a.” Lines 695 – 700

Timeshare Sales Growth

That’s not the only part of the law that is unfriendly to the consumer or owner. They also changed the law to make it harder to force the resort to take back the timeshare in case of an error in the contract. Back to the maintenance fees…

The average timeshare maintenance fee in 2005 was $471. The average in 2016 was $966. Chances are that if you have owned a timeshare over 10 years the annual fee has doubled. That does not count special assessments that may have cropped up from time to time.

For a large number of timeshare owners it is the maintenance fee that compels them to sell or give up their timeshare. What may have seemed reasonable in the beginning just does not work for them any longer. After all, circumstances in life will change and our abilities to take vacations and afford them change along with it.

Maybe it is time to take the timeshare exit off the maintenance fee freeway. Selling your timeshare is not so foreboding when your timeshare is in the hands of a timeshare resale broker.

Using a timeshare resale broker to sell your timeshare you have an assurance of professionalism, accountability, and skill.

Worried about the maintenance fee for a timeshare you don’t use? Don’t worry. Sell it.

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Interval's Expansion in Panama

Interval International has announced their new affiliation with Mega Vacations Club in Panama. This will be adding two prominent resorts in Panama to II’s inventory: Hard Rock Panama Megapolis, and the Radisson Decapolis Hotel.

Starting off with the Hard Rock Panama Megapolis: they will be adding 1,500 timeshare units! The very best of every amenity available is at your fingertips at the Hard Rock Panama.

This photo of Hard Rock Hotel Panama Megapolis is courtesy of TripAdvisor

Quality choices for timeshare resorts in Central America will certainly receive a boost with this addition along with the Radisson Decapolis Hotel.

Located within a 15 minute drive of the airport, the Hard Rock features include their Rhythm and Motion Spa, exercise facilities, pools, bars, restaurants, and scenic views of the bay. They are also very close to casinos, restaurants, cinemas, and tons of shopping at the Multicentro shopping mall.

Radisson Decapolis c/o hotels.com

Radisson Decapolis c/o hotels.com

The Radisson Decapolis is highly acclaimed for everything they do. Their bars, restaurants, pools, fitness center, concierge, spa, and room service are ranked in the top tier of the hundreds of hotels in Panama.

Interval International boasts 3,000 resorts in more than 80 countries. The addition of these two Panama timeshare resorts will greatly enhance the quantity and quality of what II’s members may choose from in Central America.

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Can I Reject A Timeshare Left To Me In A Will?

Can I Reject A Timeshare Left To Me In A Will?

In a word, YES.

But.

This question could be loaded with complications like tax consequences, family disagreements, or other unforeseen quirks.

Plus, depending on the timeshare laws where the property is located, the wording of the will, and the specific situation there may be other considerations that would need the assistance of either a tax lawyer or inheritance attorney or both.

Why would you want to reject a bequeath?

park city Utah ski timeshare

Park City Utah – Skiers’ Paradise!

The primary reason most would reject a timeshare bequeath is that a timeshare would not fit their lifestyle and vacation plans. Planning a vacation may have to be more spontaneous, destinations may not be as flexible, and timeshare resorts may not fit into the type of vacations preferred.

Other reasons to reject such an inheritance would be tax consequences or its just that it is simply a dog of a timeshare.

Ask yourself:

Would I use the timeshare?

Is the timeshare in a location that I would like?

Is my work flexible enough for me to set a vacation date 9 months to a year in advance?

Will accepting the timeshare cause a fight in the family?

Would it be worth selling the timeshare?

These and other questions would have to be looked at early on to avoid major headaches ahead. Your basic options would be to keep it, or reject it. If you reject it: it becomes someone else problem or enjoyment. If you keep it: you could use it or sell it.

Pretty simple in theory.

Selling your timeshare would require professional assistance from a timeshare resale broker. That way you’d have confidence that a professional with a real estate license will oversee the deal. You’d also see cash at closing.

Cash is always good.

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More New Jersey Timeshare News

revel casinoLet me introduce you to the story of a $2 billion New Jersey shore casino and hotel bought for $82 million (Revel Casino), how Bruce Kaye, the CEO of Fantsea Timeshare Resorts is negotiating to develop 12 floors of it into timeshares by negotiating with Revel Casino owner Glenn Straub, and how this all ties into the politics of New Jersey development, casino licensing, Casino Reinvestment Development Authority (CRDA), and maybe even a little Trump Plaza news.

Revel Casino owner Glenn Straub, has been stymied in his work on the Revel. Mostly by the state red tape known to all who build there. The days of simple overpaying the mob to pave the way for these kind of huge projects are long gone. After two years of working on getting the mega resort opened there still remains major hurdles to overcome.

More New Jersey Timeshare News

Flagship Timeshare Resort Atlantic City New Jersey

Now for the timeshare angle:

Fantsea Resorts, operates three timeshare resorts in the Atlantic City Area: the Flagship located in the inlet, Atlantic Palace on the boardwalk, and La Sammana in Brigantine. Fantsea Resorts has 45,000 vacation owners for their 900 studio, one bedroom and two bedroom units.

Kaye has been doing MAJOR renovations at the Flagship timeshare resort: “a lobby bar, pool, hot tub, grill, children’s play room, movie theater, gym that offers classes, full service spa and large outdoor deck over the ocean perfect for weddings and parties.Their restaurant, the Blue Water Grille, has the best views in Atlantic City.” (source)  These major upgrades plus the possibility of adding the Revel Casino’s 12 floors to their inventory should make all Fantsea timeshare resort owners glad to be a part of what’s happening in Atlantic City.

Atlantic City does have a chance of a major revival. Hotels, timeshare resorts, and the casinos can once again be the center of the action once all the boardwalk renovations are complete, parking issues are resolved, and all the permits needed for the vendors to operate are finally in place.

 

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What Timeshares Do For The US Economy

Grand Timber Lodge Pool Snow Timeshare Discount

Grand Timber Lodge Pool

Once a year Ernst & Young conducts a study of the US timeshare industry for ARDA (American Resort Development Association). They cover every imaginable aspect of the world of timeshares and recently one of the trade publications delved into the impact of timeshares on the economy in the US.

In 2015 the timeshare industry in the United States created “$79.5 billion in consumer and business spending, over 511,000 full and part-time jobs, $28.1 billion in salaries and wages, and $10.2 billion in tax revenue.” (source)

What about YOUR economy?

Summer Bay Timeshare Resort

Summer Bay Timeshare Resort

Using a timeshare for your vacation could save you a huge amount of money. This would you enable you to take vacations more often, expand your travel choices, and leave you more of your vacation budget for all the “extras” – excursions, gifts, dinners, and so on. The concept of paying today’s dollars for tomorrow’s vacation works out in your favor – especially if you buy your timeshare on the secondary market. Regardless of the deal you may think you got at the resort, you will always come out way ahead when buying timeshare resale.  Maybe 25% to 50% off the retail rate!

The best source of buying timeshare resale?

A timeshare resale broker.

Attempting to close your own deal on a timeshare purchase would not only be frustrating but could be costly and full of unexpected problems as well.

Plus finding a buyer for your timeshare would waste a lot of time weeding out all those who have no idea what a timeshare is and think they are buying a whole ownership property.

The timeshare industry continues to be a multi – billion dollar business in the US. But you don’t need a billion or million dollars to vacation like royalty when you buy timeshares resale and travel to some of the most exotic destinations in the world!

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Timeshare Equals High Occupancy

Sheraton Mountain VistaThe hotel and leisure industry is one of the more studied service industries in the US.

For many years now, timeshares have consistently outperformed hotels when it comes to rates of occupancy. Generally, around 10% better.

Having a ten percent higher occupancy rate equates to hundreds of millions of dollars in additional revenue for the resort/hotel developers. That is why Hawaii virtually quit building hotels 15 years ago and continued building new timeshare resort towers and converting hotels into timeshares.

In Steamboat Springs, Colorado, Sheraton Steamboat Resort (a true ski-in/ski-out) features 244 hotel rooms and less than 10% timeshare units. Recently, Sheraton has announced it will convert all the remaining hotel rooms into timeshares. The hotel will lose their huge conference space, but will gain perhaps 10% higher occupancy and more repeat customers.

Manhattan Club Timeshare Resort

Manhattan Club Timeshare Resort

In the recent past every major developer has converted hotels into timeshare, bought hotels and converted them in to timeshares, or bought hotels – bulldozed them down and built a new timeshare resort.

Hotels are just not as profitable and few want to build more of them. Especially where the real estate is scarce and very expensive like Aspen, San Francisco, New York City, and Hawaii.

Over the last many years timeshares have proven themselves to have consistently higher occupancy rates and other measurable high performance numbers.

Don’t be surprised when more well known hotels convert more of their rooms to timeshare units.

It just makes sense.

AND, it will be good for you as a timeshare owner – giving more and more varied choices.

The hottest selling Colorado timeshare resales resorts of all time: Celebrity Resorts Steamboat, Sunburst Condominiums, Thunder Mountain Condominium, Ski Time Square, Alpine Ridge, Grand Timber Lodge, Christie Lodge-Phase 1, Wyndham Pagosa, Falcon Point,  and Eagle Point.

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New Orleans Timeshares and Summer Storms

Wyndham Avenue Plaza Hotel & Spa Timeshare New Orleans

Wyndham Avenue Plaza Hotel & Spa Timeshare New Orleans

In the 1980’s I lived in New Orleans for several years.

It was a fascinating place to live and I learned a lot about their history, culture, cuisine, and unique language.

The summer weather there was fairly common for a Gulf Coast city: hot days, occasional thunderstorms in the afternoon.

When we had those torrential downpours in the afternoon streets would fill quickly and right away you learned how to drive around town when it was raining.

This week parts of Louisiana have already reported over 20″ of rain from a slow moving tropical low system. Slowly it is moving west but not before it pours a few feet of rain on Louisiana and perhaps the Crescent City.

2005

Canal Street 2005

Since hurricane Katrina many improvements have been made to the storm drainage but this amount of rain, should it hit New Orleans, would tax even the best system. At least there is no storm surge to deal with. Plus, in 2005 when the levee’s breached and flooded New Orleans the French Quarter and Garden District were spared from flooding because they were well above sea level. That’s where the timeshare resorts are located.

The timeshare resorts in New Orleans are nothing like what you’d find in Orlando or Las Vegas. They’re smaller and older.

BUT!

What they may lack in size and newness, the make up for with charm and history. The New Orleans timeshares are right in the middle of the most historic and interesting part of the city of New Orleans. Everything is very available to you by taxi, bus or streetcar. Plus, by staying in a New Orleans timeshare you get a real feel for being right in the middle of one of the countries’ most exciting cities that never sleeps.

Laissez les bon temps rouler – “let the good times roll”

Lafitte's Blacksmith Bar New Orleans

Lafitte’s Blacksmith Bar New Orleans

The Quarter House

Maison Pierre Lafitte

Chateau Orleans

Wyndham Avenue Plaza Hotel and Spa

Plaza Suite Hotel

 

 

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Cruising With Your Diamond Timeshare

Norwegian Epic 2Most people think of the traditional week at their timeshare when they plan their vacation. With Diamond’s The Club, the vacation options are far more than just one week/one room.

What about using your timeshare week to go on a cruise?

Norwegian Cruise Line is the cruise line for Diamond Resorts International. Destinations included by Norwegian’s partnership with Diamond include the Mediterranean, Alaska, Western Caribbean, Baltic  and Hawaii. The ships participating in the program encompass some of the most impressive ships of their line:  Norwegian Epic, Norwegian Sun, Norwegian Jewel, Norwegian Pearl and Pride of America. If, for example, you trade in 10,000 points, that would equate to anywhere from $700 – $1,000 in a credit towards your cruise.

Now that you’re thinking “outside the timeshare box” consider these additional options for your points:

Harley Davidson Road King ClassicIn Las Vegas you can rent a Harley Davidson for a day with your DRI Club Points. For example, a ROAD KING® daily rental would cost a Gold Member 2,000 points.

You could also use your Diamond Resort International Club Points to purchase miles through major air carriers like American, Southwest, Hawaiian, US Air, Virgin Atlantic, British Airways, and Air France at the rate of 2.5 miles for every point you trade in. Or you could simply redeem your 10,000 points for anywhere from $700 – $1,000 towards your airfare.

DRI also offers guided tours, luggage forwarding services, nightly rentals, week long resort stays, and other services designed to cover every possible base for the well seasoned traveler.

Worldwide, Diamond Resorts International boasts 379 resort locations. With a selection that large and the flexibility their plan affords it is hard to imagine a Diamond Club points owner not finding something that satisfies their vacation needs.

Find out how to sell your timeshare here.

Browse Diamond Resort International timeshares for sale here.

 

 

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How To Buy Timeshare At A Deep Discount

 

buy discount timeshares

Buy timeshare for half the price!

First I need to assume that you have been tempted to buy a timeshare. And not just any timeshare. The vacation destination of your dreams!

Everything about the resort seems perfect to you: the weather, the location, the rooms, the golf, pools, spas, or whatever else you find most appealing for your best vacation ever. Even though you promised everyone you would not buy a timeshare you sure are tempted.

What if you could buy timeshare at a deep discount? What if you could buy it for anywhere from 30% to 50% off the retail rate? Then would the temptation be too much to resist? It would make a lot more sense if your initial cost could potentially be half as much!

The Pool At Westin St John

The Pool At Westin St John

When you buy timeshares resale, often from the original owners, you can save a huge amount of cash. Especially if it is an older timeshare resort and has been sold out for years. There will definitely be owners who are ready to sell their timeshare for very little.

That is where the best and deepest discounts are found. And there are plenty of timeshare owners who have come to the point where they can no longer use it, their children have lost interest, or they just want a change.

That’s also a contributing reason why timeshare resales is the fastest growing aspect of timeshare sales overall. These timeshares will continue to change hands as long as peoples’ circumstances in life change.

A timeshare resale broker would be the best place to find a timeshare owner who is ready to sell their timeshare and have the resources available to get the sale closed.

A timeshare resale broker would be able to negotiate the deal, take care of the paperwork by fax or mail, make sure everything is up to date with the timeshare resort and ready to transfer, and then transfer the ownership to the new owner.

Just like a regular real estate deal, a broker can monitor the whole transaction until it is closed and transferred.

That’s how you do it!

Ready to buy a timeshare at a deep discount? Now you know how.

 

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Marriott and Starwood - Will It Happen Soon?

Marriott Summit Watch Park City Utah

Marriott Summit Watch Park City Utah

As of July 27, 2016:

Marriott’s 2nd Quarter 2016 reported: “In the next few weeks their acquisition of Starwood would be complete” (Starwood Hotels & Resorts Worldwide).

Starwood Vacation Ownership, now known as Vistana Signature Experiences, was spun off, bought by Interval, then went up for bid. At a price of $12 billion, Marriott acquired it and, once complete, will be the the largest hotel / resort chain in the world.

The timeshare group will be interesting to watch as Marriott and Starwood’s very different systems of points and options vie for the most attention. They are two very different systems and you have to wonder if the Starwood Points will survive. After all, everything about Marriott outnumbers Starwood two to one: rooms, members, resorts, brands, and so on.

Sheraton Vistana Orlando Timeshare for Sale

Browse Sheraton Vistana Orlando Timeshares For Sale

The two still seem too different to merge in to one efficiently. At least for now.

In a few years it may make more sense. But who will they have left as competition?

Hard to tell.

 

 

 

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