The Truth about Timeshares and More Myth Busting

I guess you could say, I am on a roll when it comes to challenging myths and misinformation about timeshares. Yesterday’s The Timeshare Authority tackled inaccuracies about the demand for timeshare resales. Sell My Timeshare NOW’s latest press release, distributed last night at midnight, looks at a couple of other important ‘timeshare un-truths.’

Consumers deserve fair and accurate information about timeshare so they can make informed decisions about how they spend their hard-earned money. When incorrect information impacts the decision to buy timeshare, it also impacts jobs either, within the timeshare industry itself, or within the many support services that serve the timeshare industry.

Yet some of the very sources consumers should be able to turn to for reliable facts about buying, selling or renting timeshare, are among those perpetuating myths like the one that says an appraisal is necessary in order to buy or sell timeshare. That’s just wrong.

When you buy timeshare from a developer, no appraisal is done. And no appraisal is necessary when you resell timeshare. The value of your timeshare resale is determined by what the market supports, not through an attempt to assess the value of a fraction of a piece of property during a week or weeks that may be fixed or floating in a calendar year.

Timeshare Owners Deserve the Facts

When I spoke last week at the National Timeshare Owners Association‘s Baltimore educational conference, I talked about things like the appraisal myth and the myth that there is no market for timeshare resales. The timeshare owners I spoke to were all very receptive of the message. They understood what I meant when I told them that the keys to selling timeshare include marketing it to a vast, global audience and pricing it right. As I often tell timeshare owners, “It is hard to sell a one dollar bill for $20. But price it at 75 cents, and you can sell one dollar bills all day long.”

The picture on the left was taken at the NTOA meeting. Left to right, you will see Shep Altshuler, publisher of Timesharing Today magazine, Ed Hastry, who is the President of the National Timeshare Owners Association, and me. I certainly enjoyed the time in Baltimore, myth busting for a group of interested and enthusiastic timeshare owners. The picture on the left was taken at the NTOA meeting. Left to right, you will see Shep Altshuler, publisher of Timesharing Today magazine, Ed Hastry, who is the President of the National Timeshare Owners Association, and me. I certainly enjoyed the time in Baltimore, myth busting for a group of interested and enthusiastic timeshare owners.

And whether you read the straight talk here in The Timeshare Authority, read our press releases, or run into me on the street, ask me to tell you about timeshares. I am going to be out there, spreading the message and sharing the facts, because timeshare is simply too good a product to have misinformation following it around.

Follow this link to read: Timeshare Resales Advertising Executive Takes on Role as Myth Buster