Many who own timeshare know the joy, fun and value that holiday ownership brings. It is a fact that families who own timeshare, holiday 40% more than those who don’t. It is these holidays that generate memories to last a lifetime….. Why does the timeshare reputation conjure up negative references and scare some people?
People will often review buying a timeshare with stories and the mention of pressurised sales people are often mentioned. Some are lead to believe that they have purchased an investment. In truth, timeshare, whilst being a wonderful money saving holiday concept, holds liabilities in the form of annual maintenance fees. What you have in fact done, is purchased a lifetime of holidays in one go.
It can also be difficult to release yourself from your holiday ownership if you decide you no longer want it. There have been occasions where people don’t quite understand what they have purchased, or lifestyle changes mean you can no longer afford annual fees. Most who bought timeshare had every intention to make use of what the ownership offers, but with challenges of every day life, that plan can often go out of the window. What may have seemed like a wonderful idea, can often end up feeling like a huge burden that cannot be shifted. However, this is not the case. People are now aware of the the pre-owned resale market. Timeshare can be purchased from an owner selling their timeshare for up to 50% off of the resort/developer price. In fact, many timeshare owners use this option to buy more weeks to add to their holiday ownerships or memberships. Others rent out their ownership in order to generate a small income and cover their annual fees.
Over the years the industry has changed so much, making timeshare so much more flexible to use. With the introduction of points based products allowing owners to utilise thousands of resorts in one membership and splitting weeks into weekend and mid-week breaks. Resorts are much more child friendly with family orientated amenities, and when you consider this against traditional travel accommodations where you pay per person, paying per apartment can see huge savings!
The industry has really has come a very long way since it’s induction. Regulating bodies such as RDO help to improve timeshare reputation. Timeshare or fractional ownership is one of the best ways to holiday with your family, giving great value for money.