Timeshare means you are buying the right to spend time – usually a week or two once every year – in a particular property, for the next three years or more.
Timeshare is an arrangement under which a purchaser receives an interest in real estate and the right to use an accommodation, for a specified period. This is used primarily for selling vacation properties.
The main reason is supply and demand. The supply of timeshare resales greatly exceeds the demand for resales. If you wants to sell Timeshare, donâ€™t agree to anything over the phone or online until youâ€™ve had a chance to check out the reseller.
Selling a timeshare is a lot like selling any other piece of real estate. Check with the resort to determine restrictions or limit that could affect your ability to resell or transfer ownership. Make sure that your paperwork is in order.
One of the greatest benefits of owning a timeshare is that you can trade your vacation time for stays at other resorts throughout the world! 80% of timeshare purchasers buy with this intention!