TIMESHARES - How to get the most out of your timeshares!
Timeshares - the best way to have a guaranteed vacation every year is to have a TIMESHARE. If you ever get bored with one place - swap it out for another!
This 113 page EBOOK gives you selected tips on how to manage your timeshare! Maybe even how to obtain one!
Why Time Shares Make Sense
A vacation time share is more popular than ever. The largest and most respected companies in
the resort industry are now selling time share resort condos. Marriott and Disney have
produced blistering sales statistics, among others.
The fact that strong consumer legislation
now governs the timeshare industry, combined with the fact that solid developers are now the
rule, has given the time share industry the stability once only accorded to luxury hotels.
Following are reasons why time shares are so popular:
• Stay without paying: Time share owners are delighted when they check out at the end of
their week's stay, because their bill is ZERO! (And zero for the rest of their lives because they
OWN their accommodation as deeded property!) The money saved here quickly pays back the
low initial purchase price.
• Not just a hotel room: As opposed to being a hotel room renter, enjoy status and fine
treatment as a condo owner. It's a much higher style of vacation. Condos are spacious, have
kitchens and private bedrooms. Sleep up to 10 persons. Most resorts have great activities/tours
all arranged and often free. Spend your time enjoying vacationing. Save the hours and hassle
of planning, because it has already been done for you.
• Save money on dining out: Because the condos have kitchens, a family can easily save
$100 a day by not dining in expensive restaurants for every meal.
• No extra charges: There is no charge for extra people like there would be in a hotel, and no
extra costly occupancy taxes so common with hotels.
• Earning income: Owners can rent-out their time rather than using it.
The Importance Of Advertising
Whether it’s a Web site, advertisement, or other marketing collateral, we’ve heard that a picture
is worth a thousand words. Having a visual of the product enhances marketing communication,
we’re told, because people don’t have time to read. People seldom fail to read most of the
advertising copy they come across, but that’s because of the hype that’s part of most ad copy,
not people’s lack of time to read.
In a study of 3,600 consumers, researchers concluded that to get people to notice an ad, text
was twice as important as pictures. Buyers of your time share are interested in reading about
your services, but you must grab their attention. What’s new about your offering? What’s your
story? Is there news?
What’s most important is that the fluff be ruthlessly eliminated from your ad copy, Web page or
other marketing communication. If you include hype and half-truths about the time share that
you are selling, you make it nearly impossible for buyers to separate the wheat from the chaff.
The result: a lost sale. Ten different studies have shown that when the bull is stripped from what
you are selling, consumer interest skyrockets.
Of course, other studies have shown that long ad copy does work when selling products and
services. When it comes to selling your time share, though, to improve your buyer’s rate of
interest, make every word count. And remember that the “right†words, not just any words, are
the ones that sell.
Time Share Selling Options
There are several options when it comes to using your time share or selling it. One option you
have is exchanging your time share.
Exchanging Your Time Share
Your home resort is the destination you return to year after year. Some people prefer to
vacation only in their home resort with no variation. But for many other people, time share is
especially attractive because of the exchange factor: You have the chance to stay in a different
place in the world every year.
Time share exchange companies allow time share owners to
trade their week with a time share week in a different location. Keep in mind that exchange
companies prefer that trades are generally “like for like,†and rank high demand/low demand
destinations with devices like color codes and industry ratings.
It may be hard to trade your
week in a low-demand resort during the low season for a high demand resort in high season,
although it can happen — and it’s all a matter of personal preference and flexibility anyway.
Orlando, Florida, may be as high demand as a destination can be (and it doesn’t get any hotter),
but that doesn’t necessarily mean you want to vacation there. Even though you may be
purchasing your time share with the express purpose of trading or exchanging, the mantra in
timeshare is this:
The power of your exchange is dependent solely on what you put into the system, not what you
take out.
In other words, the power of your exchange is dependent on how desirable your time share
week is to other traders. For more on exchanging and the two major exchange companies,
Resort Condominiums International (RCI) and Interval International.
Selling By Auction
In just over 18 months, more than 20,000 listings for new and existing homes have been posted
on eBay. On average, an eBay posting generates more than 1,000 viewings per property, but
there's no way of knowing how many postings result in actual sales.
EBay Inc. executives say
the company doesn't keep track of concluded transactions. In addition to new and existing
homes, the postings include land, vacation homes, and time shares. You don't have to be
wealthy to buy or sell at an online real-estate auction and this venue can be the perfect place for
you to sell your time share.
Should you buy, or sell, a time share on eBay? Or is it too risky? Before you decide to
participate in an online auction familiarize yourself with the rules of the road. The format for
eBay real-estate auctions is different from those usually used on eBay.
For starters, a bid to
buy or sell real estate on eBay isn't legally binding. A bid on eBay for a property merely
expresses your serious interest in the purchase and indicates that you want to proceed to final
negotiations for the property. Neither the seller, nor the buyer, has a legal obligation to actually
complete the real-estate transaction.
The Internet is an effective medium for advertising time shares, but has its flaws when it comes
to the actual sales transaction. The lack of a binding agreement is an issue.
In most traditional auctions, bidders must bring a cashier's check for the deposit. When that
gavel comes down, the buyer is locked in, and the deal closes at a predesignated time.
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