4 Important Ways Timeshare Owners and Timeshare Sellers, Buyers, and Renters Can Know Which Company to Trust

4 Important Ways Timeshare Owners and Timeshare Sellers, Buyers, and Renters Can Know Which Company to Trust

Avoid timeshare scamsI got fooled recently by a letter I personally received in the mail. It appeared to be ‘official’ and appeared to require me to file a certain form with a state agency. Yet because the letter almost made sense, but didn’t quite, I called a financial advisor with questions about it.

He said, “It’s garbage. It is a marketing come-on from disreputable company. If you call the number in the letter, you will get someone trying to sell you services you don’t need, designed to fulfill requirements that aren’t really required. Throw it away, or better yet, send it to the State Attorney General’s Office and file a complaint.”

Although relieved I didn’t have to add one more task and one more expense to life, I was also annoyed—really annoyed both with the disreputable company that had done this and with the fact that I almost fell for it. Luckily I didn’t. I escaped the ploy without throwing away any of my money.

But the experience served as a good reminder for how many consumers must feel when they try to deal with timeshare, whether they want to buy timeshare, resell timeshare, or rent timeshare.

Identifying the Reputable Timeshare Sales Companies and Timeshare Brokers

  1. Look for history. Timeshares themselves are still a relatively new concept in the marketplace, not available before the 1960’s and with the global hospitality brands not moving into timeshare and vacation ownership until the late 1980’s and the 1990’s. So while there are no ‘oldies’ in the business, there are companies that have at least been around five to ten years in timeshare resales and brokerage, and longer than that as timeshare developers. A disreputable timeshare company often has to shut its doors and reopen under a new name, once, twice, sometimes even more than that. SellMyTimeshareNOW, LLC (also seen in our communications as Sell My Timeshare NOW) has been doing business successfully and consistently under the same name for more than 7 years.
  2. Look for strong professional affiliations. Reliable timeshare sales companies are members of and are actively involved in the premier professional organizations for the timeshare industry, including ARDA, the American Resort Development Association and CRDA, the Canadian Resort Development Association. Sell My Timeshare NOW is a member of and is now or has recently served on various panels and committees for both associations.
  3. Look for specific numbers not empty claims and promises. Because there are many naysayers out there, who want you to believe that it is impossible to sell timeshares, it is very important for a timeshare reseller to communicate the truth in precise numbers. Questionable timeshare companies will tell you they have offers for hundreds of timeshares or thousands of timeshares on the resell market. Sell My Timeshare NOW will tell you that in 2009, we generated 61,743 offers to buy timeshare resales and 85,949 offers to rent timeshares
  4. Finally, look for validation from experts and professional agencies. If you are not sure about a timeshare sale or timeshare resales company with which you are considering doing business, do exactly what I did when I got the questionable ‘con’ letter in the mail from a business in another industry—turn to a third party expert for validation. Contact the Office of the Attorney General for the state or states the company does business in; ask questions of industry experts. Beware of random information you find on the internet that attacks a brand or company; sometimes it is created as an attempt at competition by the very companies you are trying to avoid—the con artists. Sell My Timeshare NOW never targets attacks on other companies; it is unprofessional and it is a waste of our time to put it out there and a waste your time to read it.

Sell My Timeshare NOW obtains formal legal advice from the highly respected law firm of Baker & Hostetler LLP, affirming that the business practices of Sell My Timeshare NOW and Timeshare Broker Services are in full compliance with Florida real estate brokerage laws. Sell My Timeshare NOW is counseled by Robert J. Webb, RRP of Baker Hostetler, a board certified Florida real estate lawyer with substantial experience in commercial real estate, timeshare and hospitality industry law.

The facts speak for themselves.

Timeshare and Vacation Club, Club Intrawest Names New President

Timeshare and Vacation Club, Club Intrawest Names New President

René Cardinal has officially been announced as the new President of the timeshare group, Club Intrawest Resort Club Group, a division of Intrawest ULC.

As a part of Club Intrawest for more than ten years, Cardinal serves as a Director of the Canadian Resort Development Association (CRDA) and a trustee for ARDA, the American Resort Development Association, where he sits on the Finance Committee.

Prior to assuming the responsibilities of President of Club Intrawest, Cardinal was the Executive Vice President and Chief Financial Officer for Intrawest Resort Club Group, a position he will continue to hold.

Intrawest CEO, Bill Jensen says Intrawest is particularly excited about “the opportunities that we anticipate will come available over the next year. Given the new playing field in the vacation ownership market, our confidence in Club Intrawest’s solid track record of excellence makes us very optimistic about what lies ahead. René’s long term history with Club Intrawest and our organization’s strong team of seasoned professionals will enable us to create, direct and manage new growth as the Club expands its horizons.”

More on Club Intrawest Timeshare and Vacation Club

Club Intrawest is a private vacation club with destinations that include Canada timeshare, California timeshare, and Mexico timeshare, as well as access through Hilton Grand Vacations to Florida timeshare, Hawaii timeshare, and Las Vegas timeshare. Since opening its first timeshare resort in 1994, the company has grown to include eight resorts in Canada, with its Whistler ski destinations being many of the signature properties that come to mind when people think of Intrawest timeshare.

Club Intrawest is exclusively managed by Intrawest Resort Club Group. Intrawest ULC is controlled by funds managed by Fortress Investment Group LLC.

It’s Time for Timeshare Developers to Jump on a Horse; Timeshare Owners Deserve It

It’s Time for Timeshare Developers to Jump on a Horse; Timeshare Owners Deserve It

We thought you’d find this interview between Jason Tremblay of Sell My Timeshare NOW and Tim Wilson of AskMando.com very interesting. It was recorded in October during the CRDA Conference in Toronto and released just before the Thanksgiving holidays. (For more information about the conference see: CRDA Timeshare Conference and the Future of Canada Timeshare).

At the time of the interview, Jason had just finished his role earlier that day as part of the CRDA Conference’s speaking panel on the topic of timeshare on the secondary market. The panel spoke candidly about how timeshare resales are an issue for the entire industry in a forum called “Resale Forum, Where do we go from here?

Here are some of the points made in this discussion:

  • The secondary market for timeshares is real, growing, and not going away.
  • It is time for the developers to pick a horse by choosing what service they either are going to establish or partner with to provide timeshare owners options regarding resales.
  • The industry’s future requires that timeshare developers start working hand-in-hand with the resales companies; the time is now.

As Jason advises, timeshare developers can’t leave their owners to try to sort though the timeshare resale market on their own. Choosing to take no action is in fact, making a choice.

Sell My Timeshare NOW is proud to be an active part of both the Canadian and the US timeshare associations through CRDA (Canadian Resort Development Association) and ARDA (American Resort Development Association).

Canada Timeshares and Sell My Timeshare NOW

Canada Timeshares and Sell My Timeshare NOW

In August, Sell My Timeshare NOW announced the acquisition of the primary assets and customers of Rapid Resale, LTD, a popular Canadian timeshare sales website and service. While the company’s timeshare resale and timeshare rental services have always been available for Canada timeshare and Canada timeshare owners, extending our Canadian outreach via Rapid Resale provides Sell My Timeshare NOW with greater depth and breadth in the timeshare resale market in Canada.

As we continue to deepen our relationship with Canadian timeshare owners, buyers, and Canada timeshare renters, we strive to understand and then serve this market as fully as possible. Here are some of the interesting updates we’ve learned from researched developed by Ipsos (the third largest survey‐based research company in the world) and shared at the recent CRDA Conference on Canadian timeshare.

Profile of Canada Timeshare:

Eighty percent of Canadian consumers are familiar with the concept of timeshare; 32 percent are familiar with condo hotels and seventeen percent are familiar with points-based vacation clubs. In smaller percentages, consumers were also familiar with fractional ownership, private destination clubs, and private residence clubs. However, surprisingly, 18 percent of Canadian consumers say they are unfamiliar with any of these concepts of shared ownership, which means that the timeshare industry has a lot to do in terms of better overall marketing. Even more surprisingly, 72 percent of the Canadians surveyed say they have not been exposed to any type of shared ownership marketing offers in the past eighteen months.

Websites, particularly for Canadian consumers under the age of 54, and word-of-mouth are the most dominant sources or timeshare information. Just as important to consider when looking at where Canada’s consumers get their information about timeshare and shared vacation ownership products is where they don’t seem to be getting it. Only 7 percent respond to sales presentations and an even smaller number—5 percent—rely on newspaper articles for information on the topic.

The clear takeaway in studying all of these facts is that timeshare sales and timeshare resales have to do a better job of reaching the market that isn’t currently being reached, the startling 18 percent of Canadians who seem to have never heard of timeshare. To go with this insight is the solid impression that a highly visible, well-optimized website is the critical tool for anyone who wants to buy, rent, or sell Canada timeshare.