Do you know that you can resell your residential home (or any other type of real estate) without hiring a real estate agent or Realtor® to assist you? Of course you know that, and you’d be indignant and probably downright angry if it was any other way.

If you own a home, a piece of land, an office building, or other type of property, you have choices when it comes to reselling it. You can handle the sale yourself or hire a real estate professional to help you. You can use a by-owner company to assist with part of the process, or you can select a range of services, from title agents to real estate attorneys, using only those you need to help you.

And the fact that no law requires you to buy or sell real estate from a real estate professional hasn’t done a thing to harm the real estate industry as a whole. In fact, the diversity of ways to sell is part of what makes the industry competitive and fair.

Millions and millions of people, who have sold their homes by a method, other than hiring a real estate professional, will tell you that they saved a lot of money that would have gone to an agent or a broker for advertising and showing the property or other fees that are paid as part of the commission. You also see the same ads on television that I see, with testimonials from people who have used a buy-owner real estate company to help them sell their homes, and are thrilled with the money they saved, or other features of the service they received. And as with anything, there are stories of people who tried to sell property themselves, and for whatever reason, got burned and wished in hindsight they had used a Realtor®.

In any industry, including those that involve the sale of real estate, and those that involve the sale of timeshare real estate, there are good services and bad ones; there are services that work well for one person but maybe not for another. But American business is built on our freedom to choose to work with companies that we think, best serve our individual needs.

Ways to Sell Timeshare and Timeshare Resales

Timeshare developers, timeshare resellers, and timeshare advertising and marketing companies are all valid and contributing parts of the timeshare industry. Professional associations, such as ARDA, the American Resort Development Association, recognize this and support all factions of the industry.

While a few timeshare developers offer buy-back programs, the majority does not, leaving timeshare owners to come up with their own ways to sell timeshare they no longer wish to own.

Some people have a network of personal contacts that is so large, and a way to get the word to all of them, that they can sell timeshare themselves. But most of us don’t, nor do we want to hit on our friends and family members, trying to convince them to buy timeshare from us.

Some people want to sell timeshare but be separate from the process, letting someone else handle all the details, and for them it may be a great idea to work with a timeshare broker. And other people, just need help marketing their timeshare resale or perhaps handling the closing paperwork. The right choice for them could be a timeshare advertising and marketing company or perhaps a timeshare title transfer company. But it all goes back to choices…

Real Estate and Timeshare Real Estate in the US

Let’s face it. The residential real estate market in the US is about as bad as it has been in many years. But who do we blame for that? We can lay part of the blame on the rising price of oil that leaves people pumping larger and larger chunks of their paychecks into their gas tanks, with less and less money to spend on a new home.

We can blame a greedy element of the mortgage industry, that put people into mortgages that were so riddled with hidden charges the people couldn’t get out of them before the one obvious cost – that ever- adjusting interest rate, soared through the roof. We can blame politicians, heads of business, or just a predictable swing in the pendulum of life, but we can’t logically say that buy-owner or help-u-sell real estate services are to blame for the falling value of home prices. And it wouldn’t make any sense to say that timeshare resale companies are responsible for the resell price you can or can’t get for your timeshare property.

Whether you are looking at residential real estate, timeshare deeded property, timeshare points, or something totally different like new and used refrigerators, things sell for what the market will bear. People, not companies, set prices by what they are willing or able to pay.

New cars sell for prices that are comparably much higher than the price for which used cars sell. And new cars will continue to sell for that higher price because we are willing to pay the price, and because auto manufacturers spend huge dollars on advertising to convince you to buy their product instead of someone else’s. When that same car is resold, the second buyer pays market value (the price the market will bear) because he or she no longer has to absorb the cost of the car manufacturer’s pricey advertising.

The lower resell price has nothing to do with the used car dealer; it is just a fact of economics that applies in much the same way for resale timeshares as it does to resale automobiles. The economics of this aren’t complicated, but sometimes, you have to keep explaining them over and over again, because a few people, just don’t get it.

According to the Post and Courier’s Charleston.net, the city of Charleston, SC, and the Private Escapes Vacation Club have agreed to a settlement in their current court battle. Charleston zoning rules prohibit a timeshare company or vacation club from operating in an area of the city that has residential zoning. The Private Escapes Vacation Club’s Smith Street resort currently violates this law.

At Private Escapes, members pay both dues and up-front fees to stay up to 50 nights per year at the company’s resorts and private luxury homes, which are located worldwide.

Although an appeal by Private Escapes LLC was pending in the South Carolina Court of Appeals, the company agreed to the settlement with the city. Terms of the agreement include the City of Charleston agreeing to dismiss pending fines for zoning violations while the vacation club company agreed to stop offering accommodations at their Smith Street location, effective June 2, 2008.

Steep Price Tag on Some Luxury Vacation Clubs

Private Escapes bills themselves as a “luxury vacation club.” In 2007, Private Escapes and Ultimate Resorts announced a merger that the companies are still in the process of implementing. Private Escapes has resort properties in the Bahamas, Utah, Florida, New York, and South Carolina. Ultimate Resorts are located in London, Paris, St. Thomas, the Bahamas, Mexico, Wyoming, Hawaii, and South Carolina.

According to the Robb Report, membership requires a $325,000 deposit, $22,000 in annual dues, and nightly rates of $185. At the Ultimate Resort, Elite level members pay between $380,000 and $407,500 for 180 travel days in luxury homes that have an average value of $3 million.

Timeshare and Affordable Vacation Clubs

There’s no word yet on whether or not the Private Escapes plans to open a new resort destination in another part of the city of Charleston, although their partnership with the Ultimate Resorts expands their resorts to include a SC location, in Kiawah Island. But for all the people who want vacation ownership in Charleston, SC, there are plenty of great opportunities to buy timeshare resales or rent timeshare in this charming and historic seaside town.

If you can’t shop for vacation ownership with a $300,000 to $400,000 price tag, but you still expect luxury accommodations, go to Sell My timeshare NOW to learn more about timeshare resales and vacation club memberships.

Although Sell My Timeshare NOW is a privately held company, and as such, does not report to stockholders, we do like to keep our timeshare buyers, timeshare sellers, and timeshare renters informed on a regular basis about the state of business in our company.

This week, we released our First Quarter 2008 Statistical Synopsis, as well as a statement to the media. Click here to read our media release and here to download the report in PDF format.

The good news of the report is that it is all good news. Sell My Timeshare NOW saw the number of offers to buy or rent timeshare increase in the first quarter of 2008 by 22 percent, compared to the first quarter of 2007. The dollar amount of the offers during this most recent business quarter was more than $90 million, also reflecting an increase over 2007 numbers.

Timeshare Rentals at Sell My Timeshare NOW

In 2007, Sell My Timeshare NOW started a new program, called Rental Assist. We are very proud of how that service helps timeshare owners who want to use their property as a timeshare rental connect with people who are interested in renting timeshare for their next vacation. Rental Assist is undoubtedly an effective tool for timeshare owners and timeshare renters, as evidenced by the fact that at Sell My Timeshare NOW, offers to rent timeshares rose 141 percent quarter-over-quarter 2007 to 2008.

The Obvious Solution When You Want to Sell Timeshare

When you look at our report, and I really hope you will, you will see that for timeshare owners who are ready to sell timeshare, there is no better choice than Sell My Timeshare NOW. In the first quarter of 2008 alone, offers to buy or rent timeshare totaled more than $90 million, while website traffic for the first quarter rose by 13 percent to nearly 7.4 million people.

In these days when the economy is shaky, I am proud to be able to report to our employees, our community, and all the customers who rely on us to help them with their timeshare resales transactions, that at least, in our little corner of the business world, business is booming!

In yesterday’s Timeshare Owners Blog, we looked at an ABC 20/20 investigation of Royal Holiday vacation club. Here is Part II of that post:

The hidden camera videotape made by ABC’s 20/20 investigators reveals that Royal Holiday breaks a lot of rules when it comes to selling timeshare. People who attend the Royal Holiday sales presentation are promised an incentive if they sit through a 90-minute sales pitch, which actually lasts 3 or more hours. They are told that they can only take advantage of special pricing if they buy today…on the spot, and if they prove reticent to buy, that price may mysteriously be cut in half in hopes of getting them to sign up now, as first one and then another salesperson tries to break down their resistance.

Royal Holiday also serves alcoholic drinks to their prospects. It is poor business ethics to do this, and it is an absolute no-no for you, as a prospective buyer, to make the mistake of clouding your good judgment with alcohol. Never, I repeat never, mix alcohol with the decision to buy timeshare.

Other criticisms of Royal Holiday’s sales tactics include promises made by salespeople that a buyer’s money is invested in a foreign bank account and will be returned to them in 30 years; that rooms shown as examples of what you are buying are far nicer than the rooms you actually can book; and that availability in busy seasons is scarce.

How to Avoid High Pressure Timeshare Sales Tactics

All in all, 20/20’s report was extremely negative. There is however, one foolproof way to avoid the heavy hand of a timeshare company salesperson. Buy resale timeshare. Deal only with the person who already owns the timeshare or vacation club membership. Bypass that salesperson who works for the timeshare company yet counts on you to pay his or her salary through commission.

When you shop for timeshare resales or timeshare rentals online, you can take your time. You can ask questions, you can compare products. You can sleep on your decision and consult your attorney or your financial planner. Money doesn’t come easily these days; take your time deciding how you will spend it.

Royal Holiday Vacation Club Timeshare Resales

Currently Sell My Timeshare NOW timeshare resales and timeshare rental advertising company has more than a hundred different listings for Royal Holiday vacations. Some start at under $1000.

The Royal Holiday vacation club affords you the opportunity to travel the United States and Mexico without joining an exchange company. Royal Holiday Club has occupancy rights at Sheraton Cancun Resort and Towers in Cancun; Sol Caribe in Cozumel; Sheraton Ixtapa, Mexico; the Raddison Xanadu in Freeport, Bahamas; Wave Crest in Del Mar, California; Powell Place, San Francisco; Marriott’s Streamside at Vail; Tropicana Golf Estates in Las Vegas; High Point in Orlando; and Brigantine Beach, NJ.

Sell My Timeshare NOW can help you buy, rent, or sell Royal Holiday vacation club timeshares, without the hassle.