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Timesharingmadness Top Related Articles
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1). The Basic of Timeshare Portfolio By : Kevin Co
A few of our customers told us about their creative ownership methods and use. They are very creative ideas on building and effectively using a timeshare portfolio.
There is a simple idea to most of these portfolios: Travel to the nicest places they could find as inexpensively as possible. They had found that timeshares let them do this. Their secret is to build a timeshare portfolio.
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2). How to Sell your Timeshare? By : Kevin Co
The first question is, should you really sell in the first place? We find many potential sellers who want to sell for the wrong reasons. They can't get the reservations they want, are unsuccessful trading their time through the exchange companies, can't get the property rented or similar such problems. This tells us they probably don't understand just how to get the most out of their timeshare.
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3). The Path of Timeshare Industry By : Kevin Co
If you are wrong everyone will have forgotten what you said by the time it happens anyway. Having gotten that major disclaimer out of the way, let's take a look at the industry and try to make some sense out of it.
The industry really got started almost thirty years ago in the United States. Many real estate developers lured by the vision of being able to sell a $100,000 condo for $500,000 jumped in.
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4). What are Timeshares? By : Kevin Co
It worked well, and the idea spread throughout the world.1
There are two main types of timesharing plans: deeded and non-deeded. With the deeded type, you buy an ownership interest in a piece of real estate. In the non-deeded plan, you buy a lease, license, or club membership that lets you use the property for a specific amount of time each year for a stated number of years.
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5). What Timeshare is All About By : Kevin Co
With timeshare the use and costs of running the resort are shared among the owners. While the majority of Timeshare resorts are condominium vacation resorts, developers have applied the timeshare model to houseboats, yachts, campgrounds and motor homes.
History of Timeshare
The notion of a timeshare was originally created in Europe in the 1960s. A ski resort developer in the French Alps innovatively marketed his resort by encouraging guests to "stop renting a room" and instead "buy the hotel".
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6). Knowledge About Timeshare Resale Business By : Kevin Co
Since the product is so sound, it has withstood assaults by the scammers and marginal developers. It has reached maturity to the point that the major timeshare players from here on will be the Hiltons, Marriotts, Hyatts, etc. Timesharing works! Most people who own them love them. Not everyone, however, can keep them forever.
While the developers were pumping out virtually millions of new timeshares, no attention was paid to what happens when someone wants to or must resell them.
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7). Why Can't We Ever Get Bonus Time?? By : Kevin Co
When that subject was introduced, the entire auditorium started yelling, "Yeah, why can't we ever get bonus time?" At that point one gentleman stood up and said, "I don't know what you're talking about. I've been there on bonus time fourteen times in the last six months." I became concerned that we might have a riot and all the other unhappy Owners would injure him.
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8). FAQS of Timeshare By : Kevin Co
Q:Who or What is TUG?
A:The Timeshare Users Group (TUG) is a web site operated by Bill Rogers and a group of volunteers who have a common interest in vacation timeshare ownership.
Q:I've read that this is a "not for profit" web site. Why is there a membership fee?
A:The membership fees pay for this site and all the associated costs of running the Timeshare Users Group ( phone bills, online fees, web site fees, domain registrations, postage, etc.
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9). Timeshare-Let us Give What the Kids Want By : Kevin Co
It actually makes great sense for the kids. In previous articles we have told the story of the Mark Hopkins hotel in San Francisco. For those who missed it, the 1942 nightly rack rate was $5.00 single and $7.00 double. By 1974 it was $45.00 and $55.00. Last year it was $210 to $270 single or double depending on location. Carrying that price increase forward another 50 years will set the price at $9,058.
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10). The Hotel Industry - Timeshare By : Kevin Co
TACKLES TIMESHARING
With lower occupancy rates, a sagging economy, and the changing demographics of travelers, hotel industry officials are constantly searching for ways to fill rooms. One hot topic is timesharing.
Long considered the bad boy of the hospitality business, timesharing is coming of age in both size and stature. The entrance of companies like Disney, Marriott, and Hilton has served notice that timesharing is a viable occupancy option for the hotel industry.
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11). The Secret of Timeshare Auctions By : Kevin Co
Timeshare auctions are tempting. You see great timeshare properties at great prices on various Internet Auction sites. You want a timeshare, but you’re nervous about bidding. You have heard “Internet Auction Horror Stories” and want to avoid a bad experience. But there’s good news.
Timesharevalues.com not only sells timeshares, but it also purchases many through the Internet.
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13). Take Advantage of the Timeshare Offers By : Kevin Co
For about the same money as it would cost to “rent” a few vacations in a nice hotel, accommodations can be owned forever in a deeded vacation timeshare condo that exchanges via computer to resorts virtually anywhere in the world!
Vacation timeshare is more popular than ever! The largest and most respected companies in the resort industry are now selling timeshare resort condos.
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14). The Concepts And History Of Timeshare By : Kevin Co
The multiple ownership of individual weeks brought with it the guarantee of reservations for those who wanted to ski in the area. It was an immediate success. By the 1970's some faltering condominium projects in St. Thomas, Fort Lauderdale and Puerto Rico were converted over to vacation ownership and thereafter timesharing became a viable vacation alternative.
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15). Can You Do It By Yourself? By : Kevin Co
This is an attempt to give you some ideas about cautions you should exercise and maybe even some thinking about whether it is such a good idea to take on all these responsibilities yourself. There are some good reasons for having a Licensed Broker or other real estate professional involved. It is not, however an absolute requirement. There may be some people who would take out their own appendix.
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16). The Way to Success Timesharing By : Kevin Co
My comments are made on the basis that one is buying a timeshare for mainly trading purposes. All of the statements I will make are actual experiences not something someone said, or I heard somewhere. My family has been involved in timesharing since 1980. First my parents then my sisters and myself, now many of my extended family members own timeshare weeks.
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17). Tips on Buying a Timeshare Resale By : Kevin Co
Have you ever bought an inexpensive car only to find that upkeep and dissatisfaction made it more expensive than if you had just bought a better one in the first place? The same is true in timeshares. The "satisfaction quotient" of a timeshare will actually be determined by your buying the right one in the first place. This is true whether buying a developer's timeshare or a resale.
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18). Timesharing-Is It Finally Time To Buy? By : Kevin Co
The "hard" sales techniques, unexplainable price drops, and low-quality resorts are generally disappearing. That means many vacationers now view timesharing as a viable and economical option for future vacations. But they need to know much more to make an intelligent purchase.
With the entrance of companies like Disney, Marriott, and Hilton into the field, the timeshare market is exploding.
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19). Why Buy A Timeshare? By : Kevin Co
The security of other Timeshare owners at your resort.
Many resorts to choose from with the exchange program world wide .
Lock in your timeshare vacation accommodations.
For example: If you purchase a timeshare today at $5,500.00, use it 10 years and sell it at the same price you paid for it originally...you end up with equity.
In contrast: if you rented a hotel room you would have useless receipts.
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20). What to Look for in a Timeshare By : Kevin Co
Look! You are going to steal any timeshare you buy on the resale market anyway. The resale market is just starting to come into it's own. Prices fall in a market vacuum and there has been a market vacuum in resales since the timeshare industry started twenty-five years ago. Now, people such as us are starting to make a serious business of resales. This means that the least expensive weeks are going to get sold first.
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21). Where's the Value of Timeshare Is? By : Kevin Co
As he walked into our little land office in Placerville, California (about sixty miles west of South Lake Tahoe), he said, "I've got the keys to the bank" and proceeded to tell me about this new concept called timesharing. I responded with "Forget it, Jack. It won't work." Jack was persistent, persuasive and before long we were the developers of one of the first timeshare projects in the country (RCI #0078).
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22). Buyers and Sellerts FAQS on Timesharing By : Kevin Co
Buyers FAQS:
Q: Why should I buy a RESALE timeshare from you instead of buying it directly from the resort?
A: You can get the SAME timeshare on the resale market but at anywhere from 50% to 80% off the price you would pay if you bought it directly from the resort. And, because you will have paid so little for it by buying resale you will have an easier time getting most of your money back.
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