What Is a Timeshare?

Timeshare Guru, serving the timeshare industry for over 35 years. Reviewing the straight facts between the developer and the consumer in the timeshare world, explaining the story behind and about the developers for the benefit of the consumer. What is a timeshare and how to buy the right timeshare from a consumer’s point of view. There are many ways to own a timeshare, from the street approach, to buying the best timeshare from an existing timeshare owner. Buying timeshare’s to trade for other locations worldwide. Considering an RCI timeshare is one method out of several. Avoiding the timeshare purchase where you feel the “Ouch” after the sales in complete.

‘Death by Weeks timeshare’s. That’s the commonly used term. It’s the seven nights in the same place theory over and over again. Yet the Guru’s’ timeshare program itself is not inherently evil. Nor, for that matter, is the atomic bomb, poison gas or the fault of the timeshare salespeople. It is simply how they’re sold to the consumer that does it, and through no fault of its own, timeshare’s have been used to visit more places by the consumer in a shorter space of time, than any other means of any other high quality of vacation standards.

Wikipedia list a variety of subjects on timeshare ownership, the types of timeshare and how they are sold. Various descriptions on what is a timeshare. Ways to use your timeshare, what you can do with a timeshare and some background on specific timeshare issues after the sale.

Buy a timeshare from a “resort property management company”.

Buying a timeshare from a resort property management company is an interesting concept. Just ask the question “what is a timeshare”? A consumer may get a thousand different answers on this one. Most management companies run a rental program to justify their existence. The resort property management companies are paid by the revenue generated by the resort they manage, which comes from the owners of timeshare’s already there in the form of a yearly maintenance fee. This is usually not the developer in most cases, but a group of individuals whose main concern in collecting the monies from each owner which then entitles the management company to be paid. Is this the best place to buy a timeshare, that would depend on if a buyer is looking to get “more bang for the buck” with the understanding of how to get the most out of their timeshare purchase. A timeshare is just that, the sharing of time in a modern condominium unit. Being able to visit not just one place in the world, but many. Owning property in each and every place that a person would like to visit or spend time at is not feasible by any means where a timeshare here serves it purpose. First, you have to own a timeshare before we teach you “How Sell a timeshare”.

“RCI Timeshare”, points or weeks?

RCI is an exchange network of thousands of resorts worldwide. They don’t own any of the properties or units in most if not all cases. An RCI timeshare is a unit or units owned by individuals or parties, these unit are then placed into a “space bank” with RCI, which then open up these unit and places to all those who pay the yearly fee to RCI to belong to their exchange network. If you own a week (7 nights) somewhere, that is what you deposit in the bank and exchange to go elsewhere. These are booked as a full seven night stay. Sorry, if you leave early for any reason, there is no refund. For the points owners, it is a different story on how they use it. People purchase the points program so they can get multiple or shorter stays for actually purchasing a one week unit. This is where resort property management companies, the board of directors of resort really drop the ball. Learning how to make a timeshare pay for itself is an art. There are companies in the timeshare industry that do just that. These companies teach timeshare owners how to get the best use out of there timeshare. The overall process of learning about timesharing usually takes an experienced, knowledgeable trainer between ninety minutes to three hours to educate an individual on how to get the most out of your timeshare purchase. It’s not a “sales” pitch as many people claim it to be, but a outstanding education on how to really get what you have paid for. There are several companies who do an outstanding job at this is should any resort request assistance.

Is a timeshare for you?

It beats the hotel scene, going to the cabin year in and year out. It’s the “no work” all play program or just a plain real vacation for those seeking quality time alone or with the family. Making memories that will last many lifetimes.

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