Prior owned timeshares can be a much better ‘deal’ than purchasing a brand new timeshare. So, what is the true cost of a timeshare? It is a known fact that previously owned timeshares do not sell easily.
A person wanting to purchase a timeshare most commonly visits a timeshare presentation. Such 90-minute presentations normally offer a complimentary weekend vacation. Main job of sales representatives during a presentation is to maintain their job by selling a timeshare to a person. They will not necessarily offer any vacation plan but surely sell something to a person, which earns them a commission.
As in any industry, the timeshare world has had its share of “timeshare scammers”. A new timeshare scam is when the scammer calls and tells the owner that a real estate agent has a buyer for the owner’s timeshare. Then they try to get the owner to pay for their service upfront. So, just be aware that scam artists out there are doing this kind of thing.
It’s always a good idea to decide where you want to vacation first, then investigate to see if a timeshare opportunity is in that area.
People buy timeshare vacation packages as a means of recreation, and the ability to travel globally and stay in timeshare units working in tandem with the owners home development.
There are several factors that affect the selling and pricing of timeshare resorts. Just remember: 1. You want to own during a popular week. 2. You want to own in a location that others will want to visit. 3. You want to own a unit that is in the RCI network. That way, you’ll be able to use your points and trade them in for other resorts.
The one thing that most people don’t know about timeshare packages is that many of them have been created to market to a particular timeshare buyer. For instance, there are now packages that cater to a family with small children. Others may cater to the corporate market.
When timeshare condominiums are listed they will give details on how many weeks the timeshare unit will be for sale. Usually the unit is sold 51 weeks of the year. If you want to rent out your timeshare resort you need to advertise your timeshare in the more aggressive online timeshare sites.