Timeshare Resale Market - Does it Make Sense For You?
Buying a timeshare (also known as "Vacation Ownership") only makes sense if you really fell in love with the place and resort, and are planning to visit it every year.
If you know that you are not going to use it every year, you would be wasting your money.
Vacation ownerships are very expensive if you buy them directly from the resort developer company.
Also, most of the time, people are end up signing the contract after a two or three hour presentation with savvy time share salespeople.
Without comparing this resort with other resorts, and without doing an extensive research first you'll be making a decision that you might be sorry about for many years.
Most people like to do some research before they buy an expensive item, read forum posts from other people, look up cheap deals, prices, read online reviews about the products they're about to purchase.
When you buy your timeshare at the presentation, you don't get to do any of the research, and you will end up paying a lot of money for something that you don't really know much.
Timeshare resales, on the other hand, make much sense if you're in the market for timeshares.
You can do your research first, ask other timeshare owners their opinions, and figure out what price range is reasonable for a specific resort.
For a timeshare buyer, timeshare resale market makes a lot of sense.
However, if you're tired of your timeshare and want to sell it, be aware! Many timeshare resale companies will charge a listing fee for you to list your timeshare.
Other companies will try to "sell" your timeshare for a fee.
What they actually do is, again, simply list your timeshare, and maybe promote it.
But you can do it yourself and save some money.
There are places on the internet where you can list your timeshare for free.
Many timeshare forums will let you do it once you've registered.