Knowledge About Timeshare Resale Business

| Total Words: 874

Since the product is so sound, it has withstood assaults by the scammers and marginal developers. It has reached maturity to the point that the major timeshare players from here on will be the Hiltons, Marriotts, Hyatts, etc. Timesharing works! Most people who own them love them. Not everyone, however, can keep them forever.

While the developers were pumping out virtually millions of new timeshares, no attention was paid to what happens when someone wants to or must resell them. Just now a method of resales is beginning to happen. Unfortunately it is way overdue. Prices fall in a market vacuum and when there was no system, people would try to sell their timeshares, fail, drop the price and fail again. What would stocks and bonds be worth if there were no New York Stock Exchange? The result was such that the pricing of timeshare resales fell to ridiculously low levels. Most resales now are priced at about a quarter of replacement value (75% off). Let’s face it. Timeshare resales represent one of the greatest consumer values anywhere today.

Does that mean that the public paid too much for the timeshares they bought from the developers? Not really. ...

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