Truth About Timeshares
September 3rd 2015 Posted by: SellMyTimeshareNow SMTN Category: For Buyers

Myths Debunked

Timeshares often get a bad reputation. People tend to buy them under pressure and regret their decision—leading them to make lots of negative comments. However, not everything they say is true. We want to give you the timeshare facts, as we live and breath the industry—we will give you the truth about timeshares and help you to understand vacation ownership as a whole.

You need to attend a high-pressure sales pitch to buy a timeshare

False! No one should have to sit through a lengthy, high-pressure pitch—no matter what they try to offer you. Thanks to the online resale market, you can browse thousands of timeshare resales at your leisure and find the one that is right for you. Even if you visit a specific resort that you’d like to buy at, check for a great resale deal first before overpaying at the resort. Not to mention, timeshare resale specialists are available to help with any questions and concerns you may have about your purchase, without the pressure.

Timeshares are a financially irresponsible purchase

They can be, if you buy from the resort developer. When you buy a timeshare resale from SellMyTimeshareNow.com, you will receive huge savings that will help you to rationalize your purchase. When you buy directly from the developer, they jack up the costs and you are paying way more than the timeshare is worth. Timeshare resales are priced according to their true value, and sometimes even less if the buyer is motivated. With such a wide range of options, anyone can find a timeshare resale that fits their budget and will help you vacation affordably every year.

I can get a great deal buying directly from the resort

While they may lure you in with free concert tickets, a free weekend getaway, or some other type of offer—you are not getting a deal. Salesmen throw in freebies to get your attention and lure you in to sit through their lengthy presentation, with the promise of a unbeatable deal. When in reality, timeshare prices get jacked up by hidden fees and sales commission that they won’t tell you about. If you choose to buy a timeshare straight from the developer, know that you are overpaying for your unit far beyond the actual market value of the timeshare property.

I can resell my timeshare back to the resort

Only in rare cases. If you have already purchased from a resort, some have something called Right of First Refusal (ROFR) that was specified in your contract. What this means is that if you go to sell, the resort has the option to match the resale price and buy the timeshare back, or choose to allow you to sell it to a buyer on your own. However it is unlikely that the resort will want the extra inventory, making selling your timeshare on our online marketplace a better bet. Talk to a SellMyTimeshareNow.com resale expert to learn more.

Timeshares are more expensive than using hotel accommodations

This is false, hotels can cost hundreds of dollars per night and a timeshare boils down to cost a couple hundred dollars for a full week’s vacation annually. Timeshares are versatile—allowing you to stay somewhere new each year with exchange options, all while paying less overall. After you have purchased and/or paid off your timeshare, you only have to pay yearly maintenance fees, which are still less than any decent hotel. Not to mention, timeshare rentals are a really affordable way to vacation. Find last minute deals on SellMyTimeshareNow.com and try vacationing at different resorts before you buy.

Don’t believe all these timeshare lies. Call one of our specialists today and we’ll be happy to answer any of your questions and give you the true timeshare facts. You can reach us at 1-877-815-4227, or by email at [email protected]

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