Friday, September 26, 2008

A Great Way to Cut Timeshare Expenses

By Thomas Sondheim


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.

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.

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.

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. This point system is a benefit associated with timeshare units that can help the resell value of a unit.

Keep in mind that if your vacation week lies in an off-season; its demand would be naturally low. So, you want to make sure your week is in a favorable week. In other words, a week when a large number of people will want to trade your week for theirs.

The online timeshare auction offers the owner some excellent opportunities to sell or rent their time shares without wasting extra money.

Selling your timeshares is not an easy task and you may run into some problems if you are not wise in who you choose to handle the sale. Make sure you ask for referrals from your timeshare resale broker before you make any kind of commitment.

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.

About the Author:
Timeshare resorts are available worldwide at affordable prices. Thomas Sondheim enjoys traveling and reporting his findings on his blog at
TimesharePilgrim.com.
Be sure to visit his site for Free Timeshare eBook downloads and sign up for his Free Timeshare Newsletter at TimeSharePilgrim.com.

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