Timeshare Brokers

In today’s business economy, it is especially gratifying to post positive news. Today we just released news that Sell My Timeshare NOW has posted 27.5 percent increase in broker assisted timeshare sales, year-over-year, through the end of the second quarter of this year.

These numbers focus on our timeshare brokerage business, Timeshare Broker Services, though, which we offer full-service timeshare resale brokerage. And in the month of July alone, we saw a 109 percent increase in timeshare broker assisted sales month-over-month, as compared to July last year.

Why Are Timeshare Sales through Timeshare Broker Services So Strong?

We see several factors feeding into the strength of broker-assisted timeshare resales, and it is interesting to note that these strong sales are both in the branded hospitality providers such as Disney Vacation Club, Starwood timeshare, Hilton timeshare, Hyatt Vacation Club and others but just as much in independent timeshare brands –names you may or may not know as well.

First, demand for timeshare on the secondary market is strong. At Sell My Timeshare NOW, we have committed to offering clients the services they really want and value. That’s why we provide both by-owner timeshare resale advertising and a full-service timeshare brokerage.

Timeshare Broker Services is focused on in-depth broker training and expanded services.

We’ve also launched a major redesign of our main website, www.sellmytimesharenow.com. We’ve made it easier and more intuitive for prospective buyers and renters to search for timeshare resales and rentals.

There’s a lot going on at Sell My Timeshare NOW and Timeshare Broker Services and we’ll continue to share it with you here on The Timeshare Authority blog.

Follow this link to read our full media release, Sell My Timeshare NOW Posts Substantial Gains in Quarterly Sales through Timeshare Brokerage.

Executive Quest Inc. has released the results of its annual study of salaries within the timeshare and vacation ownership, fractional, and hospitality industry.

Keith W. Trowbridge, Ph.D., President of Executive Quest, Inc says the research is based on survey data from more than 20,000 contacts. This year’s survey included an increase from the previous 25 categories to 30 and covered topics including salary, bonus, non-cash perks, commission and total annual compensation.

Likewise, the survey also considers factors related to the participant, such as: years in the industry, resort locations, units and total annual company revenue.

Results of Timeshare Jobs Survey

The survey shows that the timeshare and fractional industries continue to feel effects of the economy, but for the most part, to a lesser degree than in the previous year. Results from the one industry area that showed the hardest hit were in the category of realtor, real estate developer, timeshare sales and timeshare broker, which for some companies, showed a drop in income. Timeshare sales representatives showed a slight increase while sales managers and directors showed a, “minor cut in compensation.”

The report does show, “Many executives received non-cash perks including a company automobile, health and life insurance, contributions to a 401(k), housing for family/visitors. Relocation expenses and housing for an initial period are also a part of the non-cash perks enjoyed by many. The non-cash perks were converted to a dollar amount and are included in the Total Compensation figures.”

You can learn more about the survey at: http://www.execq.com/index.htm

The question comes up from time to time, “what happens to my timeshare when I die?” It’s not a topic most people like to think about, but it is a valid and responsible question that many timeshare owners want to know.

Some timeshare ownerships end when the named owner dies; many however, do not. Obviously, if you have the right to pass your timeshare deed on to your heirs, you may simply leave it in your legal will to the person or persons you specify.

Your heirs will then become the owners (although a name change on the deed will be necessary) and as the owners, they will have both the rights and the responsibilities, including that of paying the maintenance fees and taxes, for that timeshare unit or interval. Whatever fees you paid as an owner, your heirs will also need to continue paying if they inherit your timeshare.

Timeshare owned by persons who die without specifying an heir, or owned by persons who have not prepared a legal will, become part of the probate estate.

The Timeshare Sales Alternative

If you are a timeshare owner who has reached a point in your life when owning timeshare no longer fits your lifestyle and you are concerned about what will happen to that timeshare in the event of your death, you may want to try to sell your timeshare now, before it becomes a responsibility for others to address.

Some timeshare sells quickly. But not all timeshare is easy to sell and in a competitive market, you have to be willing to price your timeshare aggressively. However, before you make any decision about your timeshare, I urge you to talk both to your attorney or estate planner, and to someone who specializes in timeshare resale, like the experienced team at Sell My Timeshare NOW.

A Sell My Timeshare NOW resale specialist will help you understand your choices for how to sell timeshare; including whether to use a timeshare broker assisted sale or to sell by owner. He or she will also help you determine the market value for your timeshare, and give you realistic feedback about which properties are selling well and at what price.

And lastly, here are three important things to know when you are considering selling timeshare:

1. Don’t be duped by headlines that say it is impossible to resell timeshare. Sell My Timeshare NOW receives an average of $1 million in offers to buy or rent timeshare every day—365 days per year.
2. Don’t make an on-the-spot decision. No one at Sell My Timeshare NOW will ever pressure you to decide what type of timeshare transaction is best for you. We will advise you based on our experience, but the decision-making is, and should always be, up to you.
3. And lastly, never sign paperwork that you don’t fully understand.

Timeshare ownership is great, right up until the moment it becomes a burden or a responsibility without benefits. If you find yourself in this situation, we will do everything we can to assist you. Call us at 1-877-815-4227

Each year, for the past six, JWT Intelligence publishes a look at trends to watch in the upcoming year. And who would be surprised that for 2011, two of the defining elements in shaping consumer behavior will likely be the economy and technology?

In a great video they call, “Eat, Pray, Tech” (see below), JWT Intelligence brings out the following points… all of which translate to timeshares in some very interesting ways.

1. In view of the economic uncertainty of the past few years, consumers are receptive to levity. Look for brands to be emphasizing the fun or adding a sense of play into their process.
2. Reluctant to commit, consumers will look to rent, co-op, or timeshare their expenditures.
3. Technology is leaving the realm of optional in our lives and becoming an essential.
4. The same consumers who are technology dependant will also be looking for opportunities to get away from technology; short-term escapes.
5. Brands will be expected to, more and more, step up environmentally and as responsible contributors to the overall wellbeing of our communities.
6. Technology will continue to become more and more personal.

Where Does Timeshare Fit in the 2011 Vision?

In a redefined economy, where money feels uncertain, many people simply are no longer comfortable committing to purchases such as lakeside cabins or vacation homes in the mountains. For them, a timeshare—particularly a timeshare resale they can buy at a great price—makes sense and doesn’t challenge their commitment comfort levels. Others, whose budgets are even tighter or whose commitment thresholds are set even higher, will find the great deals available in timeshare rentals to be a logical (and comfortable choice).

After too long with only stay-cations to keep them going, restless consumers may be looking to vacation somewhere … somehow. Feeling as if they have deprived themselves of the fun in life as long as they can bear to, 2011 may see consumers who have never considered timeshare before looking at it as a way to lock in the price of vacation lodging and ensure that even in the tough times, they can enjoy a holiday.

When timeshare inventory is available online, as it in with timeshare resales and timeshare rentals, vacationers and travelers can shop for vacation ownership or rental lodging from their computer or their internet accessible cell phone. They can easily tell what’s available and the amenities offered whether they are looking for a urban timeshare in the heart of it all or that escape vacation far from the daily grind.

Timeshare resales and timeshare rentals should also see a boost from consumers who are unwilling to spend their time listening to a timeshare ‘pitch’ and far more comfortable with researching and either purchasing or initiating the buying process online. The challenge for timeshare resale companies that offer by-owner timeshare and timeshare broker services will be in helping the consumer identify which companies, like Sell My Timeshare NOW, are reliable and worthy to earn their business.

Click here to learn more about: “10 Trends for 2011.”