Sell Timeshare

“The number of adult leisure travelers who say they are familiar with timeshare has grown 57 percent over (the) last eight years,” says Howard Bendell, director of market research and analysis for Interval International.

Who gets the credit for increasing the public’s awareness of timeshare? According to Hotel Interactive’s website, Howard Bendell attributes the growing knowledge of timesharing to ARDA’s outstanding consumer education programs, as well as efforts by timeshare developers themselves to get the word out.

Timeshare companies using television advertising have helped increase awareness of the opportunities of timeshares. More importantly, the incredible internet presence of both new and resale timeshare companies means that the message of timesharing is reaching amazing numbers of people globally. But as with most products in today’s marketplace, the consumer-to-consumer voice is fast becoming the single most powerful marketing tool for communicating the benefits and features of timeshares.

People no longer want to hear a big company tell them that a product will fit their needs; they want to hear what friends, family, and other consumers—even consumers they do not know—have to say. As the World Wide Web transitions into Web 2.0, the internet will continue to redefine itself with more interactive options, empowering people to learn what others candidly think about their experience with buying timeshare or selling timeshare.

Sell My Timeshare NOW has always been about consumer-to-consumer transactions for buying, renting, or selling timeshare. Current timeshare owners who want to sell timeshare or use their vacation property as a timeshare rental turn to Sell My Timeshare NOW to advertise their unit, interval, or vacation club membership for them, giving them worldwide exposure in the timeshare resale marketplace.

Sell My Timeshare NOW timeshare resales are a great choice for many vacationers and a perfect solution for people who want to sell timeshare they no longer use. But you don’t have to take our word for it; read the testimonials of Sell My Timeshare NOW’s highly satisfied customers, or visit us on Facebook and find out what other timeshare sellers and timeshare buyers genuinely think.

Continuing with answers to frequently asked questions, I want to respond to an issue about timeshare resales that readers of the Timeshare Owners Blog have heard me address before, but it bears repeating.

Q. When I sell timeshare, is it ever safe to pay an upfront fee?

A. YES. Just be sure you know what you are getting for your money.

Life changes and people sell timeshare for any number of reasons. Sometimes they find they are no longer using the timeshare. Sometimes the fees and annual expenses have become a burden. Maybe there is a death in the family, a divorce, a cross-country move, or oftentimes people sell timeshare because they want to buy something new or different in vacation ownership.

When timeshare owners are ready to sell timeshare they can try to market and sell it on their own; they can let a broker or timeshare reseller try to sell it for them at a fee; or they can turn to a timeshare advertising and marketing company like Sell My Timeshare NOW.

Working with Sell My Timeshare NOW is an excellent example of a situation in which it makes sense to pay an upfront fee to sell timeshare. In 2006, our company brought over $233,864,650 in offers to buy timeshare or rent timeshare to the timeshare owners who advertise with us.

How much of that money went to Sell My Timeshare NOW? Good question and the answer surprises a lot of people.

In 2006, Sell My Timeshare brought over $233,864,650 in offers to buy or rent timeshare directly to the timeshare owner, which means that NONE of the money—that’s ZERO dollars—stayed in the hands of Sell My Timeshare NOW. We charge timeshare sellers an advertising fee and nothing more. No commissions and no fees after the sale.

We are a timeshare resale and timeshare rental advertising and marketing company. Our expertise is putting the timeshare you want to sell or rent in front of the largest global marketplace. Our job is to advertise your property to give you maximum exposure.

Along the way, if you need help with certain aspects of selling timeshare or renting timeshare, we will help you connect with people who can offer you further assistance, but many timeshare transactions are so simple timeshare buyers and timeshare sellers can easily handle them on their own. With Sell My Timeshare NOW, you pay only for the advertising and marketing services you provide and when you sell your timeshare, that money is your money.

No one solution is right for all timeshare buyers or timeshare sellers. When you are ready to sell timeshare, consider all your options before you make a decision on what is best for your situation.

In the next Timeshare Owners Blog, I am going to talk about the different ways people own timeshare and what vacation clubs are all about.

There are always many topics to blog about in the world of timeshares and vacation ownership, but there are some questions that come up so frequently, I want to take a few blog posts and really focus on them.

So here are the answers to some of the most frequently asked questions that I receive about timeshares, timeshare resale, timeshare rental, and the whole industry of vacation ownership.

Q. Can I trust the timeshare industry? I’ve heard about timeshare fraud and unethical practices.

A. YES you can safely buy timeshare and sell timeshare! Timeshares in the US (and for the most part worldwide) are a highly regulated industry. I think timeshares got off to a rocky start because 30 to 40 years ago, when the first timeshares were established, they were an entirely new business model. There just weren’t existing laws in place to regulate their development and sale because there had previously been no product like them.

Because of this, there were growing pains, while developers, management companies, hoteliers, consumers, and legislative agencies worked out what types of guidelines and restrictions needed to be implemented. Today, in the US, every single state has laws on the books to protect the consumer in buying and selling timeshare.

Some states wrote new laws unique to timeshares and vacation ownership, while other states adapted for the timeshare industry, laws and guidelines that govern other types of real estate transactions.

Yes, there have been scam artists along the way, but these types of people exist in every industry. There are also people who use heavy-handed sales tactics, and other approaches that do not put the consumer first in the transaction. But most of those people go out of business when faced with the competition of legitimate companies, offering worthwhile and straight up opportunities to people who want to buy timeshare.

In fact, often, when you hear about timeshare scam today the fraudulent business is not about the sale of individual timeshares to buyers, but refers to schemes designed to entice people into investing in the development of timeshare resorts.

I am not dancing around the fact that there are still disreputable people in the timeshare industry. There are also disreputable doctors, lawyers, ministers, schoolteachers, and pizza delivery boys. No industry, no matter how tightly regulated it becomes, can entirely eliminate shysters. Sadly, crooks will always find a new angle as long as there are consumers who buy in haste, don’t research what they are getting into, and fail to get reliable answers to important questions.

The warning “caveat emptor” used so frequently in real estate transactions applies just as much when you want to buy timeshare or sell timeshare. Caveat emptor means literally, let the buyer beware.

Important Tips about Timeshare Resales

So here are some important tips you can apply to help you make wise decisions when you buy timeshare or timeshare resales or you look for a company to help you sell timeshare you already own:

1. Contact the Office of the Attorney General for the state in which a timeshare company is located and check that the company has a clean record, without complaints filed against them. If you have never done this before, it’s simple to do, because consumer protection is one of the main purposes of this division of state government. You will find the Attorney General’s Office to be easily assessable and very helpful.
2. Go on line and search the timeshare company by name. Look at their website. Find out how long they have been in business. Read the comments of actual timeshare owners and learn from their experience.
3. If you buy new timeshare from a timeshare developer, don’t let anyone rush you into your decision. Study the contract. Ask questions. If the deal seems “wrong” or “too good to be true” – walk away from it.
4. Before you sign a contract to buy timeshare, know the rescission laws for timeshare transactions in the state or country in which you are buying. In some states, you may have only 24 hours to change your mind. In others states, you will have longer. Know this information before you sign the contract.
5. When you buy timeshare in other countries, be doubly cautious. The laws that protect you in the US, do not protect you when you sign contracts in foreign countries.
6. Above all else, take your time. There are many opportunities to buy timeshare and to buy timeshare resales. You can purchase from a developer, from a timeshare broker, or directly from the current owner. Shop around. There are too many options in timesharing and too many different types of timeshares on the market for you to settle for something that is not a perfect fit for you.

Timeshares are one of the fastest growing segments of the hospitality and leisure industry. Don’t let the old image of timesharing stand in the way of you enjoying one of the best opportunities in vacation accommodations available today.

Check back in on Monday. I’ll be continuing in the next Timeshare Owners Blog post, responding to frequently asked questions.

Sell My Timeshare NOW reported strong third quarter results in a business synopsis officially released this week.

The synopsis looks at website traffic for Sell My Timeshare NOW, as well as offers to buy timeshare and rent timeshare. It also reports on overall revenues within our timeshare resale and timeshare rental advertising and marketing divisions.

Here’s a very important perspective on the strength of the timeshare market and the stability of Sell My Timeshare NOW, which appeared this week in a corporate press release:

“While many timeshares today are held through deeded ownership as real property, much like residential homes, timeshare resales are not suffering from the types of problems that have hurt the real estate market across the country, nor have sub prime mortgage issues affected them. Instead, timeshare vacation ownership remains one of the fastest growing segments of the vacation and tourism industry. Both the sale of new timeshare and timeshare resales continue in a growth mode with Sell My Timeshare NOW reporting a 20 percent increase in total dollar amount of offers to buy timeshare or rent timeshare over the third quarter results in 2006.”

Right now, our timeshare resale and timeshare rental advertising and marketing company is on track to present $278,900,000 in offers to buy or rent timeshares to our customers for 2007.

You can read the full press release at: http://www.emediawire.com/releases/2007/10/emw559977.htm

You can also click on the link below to read the 2007 Sell My Timeshare NOW Third Quarter Statistical Synopsis. http://www.sellmytimesharenow.com/media/pdf/third_quarter_report_2007.pdf