Timeshare Council » resale http://timesharecouncil.net Timeshare Information Mon, 21 Jun 2010 02:31:12 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Timeshare Red Weeks http://timesharecouncil.net/faq/timeshare-red-weeks/ http://timesharecouncil.net/faq/timeshare-red-weeks/#comments Mon, 21 Jun 2010 02:31:12 +0000 Time Share Advisor http://timesharecouncil.net/?p=196 The high season and holidays are known as red weeks in the timeshare industry. Many times it may seem like a good idea to buy a timeshare if you enjoy vacationing during these times. Prices are higher for accommodations during this period and can make it seem like a good deal. Think long and hard before you buy a timeshare. Even if you are tempted by red weeks or high season offers. Can you afford the annual price plus air fare every single year for the rest of your life? Marriage, divorce, children, grandchildren, financial reverses don’t matter, you have to continue to pay for it. The moment you buy it, it is worth a fraction of what you paid for it. Often it is cheaper to stay at a hotel. There are no tax benefits. Check out the prices on ebay. Check out the time share you want to buy by googling it and looking at the resales. Timeshares are a terrible investment. You have on going maintenance fees to pay, you can not be sure that you will get the week(s) you want, and they have almost no value if you try to sell them. You would be better served by just staying at a nice hotel in the area of your choice, than in buying a timeshare.

]]> http://timesharecouncil.net/faq/timeshare-red-weeks/feed/ 0 How much is my timeshare worth? http://timesharecouncil.net/selling/how-much-is-my-timeshare-worth/ http://timesharecouncil.net/selling/how-much-is-my-timeshare-worth/#comments Tue, 02 Feb 2010 03:12:30 +0000 Time Share Advisor http://timesharecouncil.net/?p=149 How do you determine the price for your timeshare?

Timeshares can be difficult to sell, without a loss. In the current economy it is not uncommon to sell your timeshare for 10¢ on the dollar. In todays market you may only get $1,000 for a timeshare you paid $10,000 for five years ago.

Your asking price should be competitive with other units in the resort on or around the same week.  Start at a competitive price, but be willing to negotiate. Your asking price may need to come down further if there is no interest in your initial listing. Asking prices for timeshares can vary greatly. The lowest asking price usually gets the most action.

Determining a price is easy, the process of sellling may be the most difficult. Never pay an upfront fee to sell your timeshare. I am sure you thoroughly regret purchasing your timeshare by now, it is understandable. It is unfortunate, but there are plenty of companies and individuals who prey on timeshare owners who want an easy way out; Fortunately they are easy to spot when they ask for an upfront fee to sell your timeshare with the promise of a quick and easy sale.

There are two golden rules to selling a timeshare: Don’t be afraid to take a loss, and never pay an upfront fee to sell your timeshare

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