SellMyTimeshareNOW.com Celebrates, Yet Calls for Industry Change
Thursday, September 26, 2013
This week, we’ve been reflecting on the past ten years at SellMyTimeshareNOW.com and the tremendous growth and changes our company has seen. Although it has all been big news for us, in reality, it has only been part of the much larger picture of growth and change in the timeshare and vacation ownership industry.
And as much as has already changed, there is still so much more that needs to be assessed and appropriately redefined to make the timeshare product, and the terms on which it is sold, more relevant and more appealing to today (and tomorrow’s) consumer.
We are proud to share more of the SellMyTimeshareNOW.com story through this media announcement, released today.
SellMyTimeshareNOW.com Celebrates Decade of Growth
Ten years ago, it was nearly impossible for a timeshare owner to sell or rent their unwanted vacation product. But the Internet was just starting to surface as a mainstream communications source and Jason Tremblay, then 31, envisioned an uncharted opportunity, founding the web-based SellMyTimeshareNOW.com.
Since its formation in 2003, Sell My Timeshare NOW has matured to become a respected innovator in the online advertising and marketing of vacation ownership and rental products, ranking on recent Inc. 500 and 5000 Lists as one of the fastest-growing privately held companies in America. During their last decade of dramatic growth, Tremblay and his team used pioneering ideas to leverage the Internet to give thousands of consumers a much-needed venue to sell or rent their timeshares. This contributes to helping stabilize the value of the timeshare product by creating a secondary market that previously did not exist.
A merger in 2012 with Vacation Innovations, LLC – founded by Scott Roberts and Chad Newbold – created the world’s largest timeshare resale and vacation ownership marketing company, determined by its inventory and volume of offers to buy or rent.
Today, SellMyTimeshareNOW.com, as part of the merged company, is one of more than 100 active timeshare websites and is just one of several company-owned vacation ownership brands. The company offers by-owner services for consumers as well as timeshare brokerage through licensed realtors, secured resort rental bookings through Dial An Exchange and specialized services for resorts, developers and homeowner’s associations. SellMyTimeshareNow’s brokerage services are on pace to complete over 5,000 owner-to-owner vacation ownership resale transactions this year.
In reflecting on his past ten years in business, Tremblay reminisced, “I grew up spending childhood vacations at timeshare resorts. Years later, when my mother had an unsavory experience with a fraudulent resale company, I became motivated to investigate the industry. In the process, I learned that although there was a robust demand for an online product to serve this market, no successful technology platform or trustworthy company existed to capture buyer and seller requests.
“We started the company with three employees working from home computers in Florida and New Hampshire. For about a year, we were immersed in the study of search engine optimization and Google’s algorithms, confident we would be successful if we could utilize the Internet to create an online timeshare sales and rental marketplace, which no company had done at that time. Even more challenging was the need to earn respect from within the timeshare industry. We accomplished this by remaining in full compliance with a vast array of state and national regulations, ultimately helping influence stronger consumer protection legislation.”
He admits that the economy of recent years has challenged the growth path but says he remains extremely proud of the firm’s accomplishments, including the owners they’ve helped to sell or rent their timeshares and the buyers who have bought vacation time at competitive prices. To remain abreast of daily changes in SEO and the Google platform, the company is relentless in its pursuit of the newest technology, constantly researching and selecting the right tool for each challenge.
About SellMyTimeshareNOW.com and VacationOwnership.com LLC
With offices in Orlando, FL and Exeter, NH, VacationOwnership.com LLC includes the brands SellMyTimeshareNOW.com, ResortRentals.com, Vacation Ownership Brokerage and Vacation Ownership Brokerage of NH.
Founded in 2003, the company offers online advertising services for by-owner timeshare resales, licensed timeshare brokerage, and customized owner services to timeshare resorts, HOAs, resort developers, and timeshare management companies. In 2012, VacationOwnership.com announced its strategic partnership with Vacation Innovations, LLC. The merger creates one of the world’s largest resale timeshare and vacation ownership marketing companies with a remarkable capacity to expand the use of next-generation technology in vacation ownership resales and vacation rentals.