Timeshare Sales Today - Timeshare Buyers Info

Timeshare Ownership involves buying a specific period of time or percentage of interest in a vacation home or resort. In order to be successful at buying, owners must pay less than the resort is charging for the same unit. The first step to being a successful timeshare buyer is getting as much information as possible before you buy a timeshare. Next, you'll need to find a company to assist you with the process of buying a timeshare on the resale market. Check out our website and let Timeshare Sales Today show you why you should buy your next timeshare with us!

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Timeshare History
The French Alps was home to the concept of timeshare. Approximately 30 years ago, vacationers were toying with the idea of exchanging or trading accommodations with other vacationers instead of buying their own. Most tourists were unable to purchase a vacation home at their favorite location, which left them at the mercy of local hotels and lodges for accommodations.

What if we divided that vacation home into 52 separate weeks? With that idea the concept of time sharing was born. Now, everyone could afford to own a small piece of the pie at their favorite vacation spot. Simply put, for one week the same time every year a family could purchase a vacation at their favorite location without the worry of rising costs and availability. This was a guaranteed vacation at the same price for the rest of their lives or until they decided to sell. Maintenance costs would be divided equally between the 52 shares, and since the week was actually purchased, the price was always the same.

Owners needed more than 1 type of time share to suit their needs. In order to satisfy the different needs of buyers several different types of intervals were created.

Not everyone wanted to return to the same place every year. Since the idea was relatively new, most owners had not considered the idea that people like change. A new vacation spot every year is much more appealing to owners and therefore exchange companies were born. Let's say that you owned week 52 in Colorado and you wanted to spend New Years Eve in Hawaii this year. Owners simply call their exchange company and put their Colorado week 52 in the exchange pool. At the same time that owner would reserve a week 52 in Hawaii from the pool.

Sometimes vacation plans need to be put on hold. Perhaps the vacation had to be canceled this year due to work related reasons. The timeshare industry now had to come up with a solution for weeks that were to go unused. The solution to this problem was banked weeks. Banked weeks were nothing more than a place to save up weeks. You can save these weeks and use them at a later time or trade these weeks with others. Now there was never a reason to let a week go unused for whatever reason.

As the concept became more popular companies began to emerge. These companies sprang to life and began to buy timeshare resorts one at a time. Companies like Fairfield and Sunterra acquired as many destinations as possible. As the number of resorts owned by one company began to grow the term Vacation Club got it's start. Instead owners didn't buy timeshare at one resort. They were now purchasing time at Vacation Clubs so that they might vacation in several different locations instead of one.

As the timeshare industry grew, private owners began to view timeshare as an investment. It didn't take the timeshare industry long to grow into the billion dollar industry it is today. One of the newest concepts in the industry is timeshare rentals. As an owner, to buy timeshare at the same resort made perfect sense. Now these timeshare owners had the opportunity to not only pay for their maintenance fees but put some money in their pocket from the rentals of their additional weeks.

To buy timeshare and get a deal is not easy. If you would like to contact one of trained professionals for more information before you buy timeshare please call us toll free at 1-888-226-1055. Our staff would be more than happy to help you with any questions you may have before you buy a timeshare.

Timeshare Buyers FAQ
The staff at Timeshare Sales Today answers thousands of questions from those about to purchase resales. These questions generally cover cost, what to expect, and a number of other general questions related to purchasing for the first time. Timeshare Sales Today has compiled this list of frequently asked questions (FAQs) to be used as a buyers guide.

I vacation the same every year, which type of unit should I purchase?
If you happen to be one of those people who vacation the same time every year then perhaps you should consider a fixed week time share at a resort.

I vacation at a different week every year, which type of unit should I purchase?
Vacation during a different time every year? Consider floating week or joining a vacation club like Fairfield or Sunterra. A floating week allows you the flexibility to select a different week each year.

Are resale accommodations better than hotel rooms or motor lodges?
Generally, resales are more accommodating than a motel room or motor lodge. Time share is usually located in resorts, where amenities are everything. Larger rooms, refrigerators, hot tubs, and game rooms are just a few of the features you will find at a resort.

What should I look at before the purchase?
After the initial considerations and decision to purchase, start looking for a resort that fits your criteria. Narrow down your resale choices by looking at our resort database. Everyone who is a member of an exchange organization gets a catalogue each year. It holds up to 3,500 developments throughout the world. Unfortunately this buyers guide is not available in your local library. You must borrow one from someone who is already an owner.

What is the difference between a condo and a resort?
Many times you'll find that condos cost thousands less than a resale. Timeshare resales sold in off-peak seasons cost much less than condos. Also, condos often are developed on land of inferior value, and located in a residential surroundings, whereas time share resorts may be nestled in a lust forest valley or along a private beach. Where would you rather be?

What are maintenance costs?
Maintenance costs are a fee that you as an owner pay to the resort for yearly maintenance that must be done to keep the time share in repair. Each owner of a week will also have to make this annual payment. Before you purchase a resale make sure you know what the maintenance fees will be!

Where is the best place to buy time share?
The answer to this varies greatly and to answer it properly you must know your intentions. Are you looking for a profit on your resale, or are you looking at this time share as an investment or rental unit? If the answer to these questions were yes then you should buy time share in a popular area such as California or Hawaii or Florida. If you are simply looking for a vacation spot then buy at a place that suits you.

I have 3 units to choose from. How do I choose?
They all have the features you're looking for, all are in your price range, and you can see yourself committing to at least 10 years of vacations there. If at all possible, visit the resorts. Start getting some feedback from other owners of time share. Share guide books and compare resources; see what they say about the resort and the price you've been quoted.

Should I buy time share from a resales company or a developer?
Buying time share from a resale company will save you thousands. Remember that a resale company will typically be about 50% less than the resort or developer.

What can I do with my time share after I no longer wish to vacation at this location?
After you have finished with your time share you have several options to choose from. The first option is to sell your timeshare. The next option would be to rent your timeshare, and the third option would to pass it down through the generations. Consider these options thoroughly before you buy time share share.