Timeshares: Don't Need Them

According to industry statistical data, it is estimated that 3,000,000 USA citizens sit thru a timeshare sales show every year. It is also estimated that Two hundred and fifty thousand really buy their own timeshare each calendar year. But is a timeshare truly a fair deal for the average holidaying family? . 

In any discussion of timeshares, many people may be reminded of the South Park episode where the boys ' folks went to a timeshare weekend. The thoughts of others may wonder to the episode of Family Guy, where the neighborhood attended a timeshare sales show and Peter took the empty box instead of the valuable awards offered to him. 

Let's face it, the timeshare industry has been the butt of many jokes over time, and has had more than its fair share of bad P. R. over time. However are the criticisms fair? 

Industry Feedback 

When this industry was younger, the criticisms were more than fair. After a successful sales season ( yes, this industry is seasonal, closing most sales from June to Aug ), the sales company would abscond with the cash and customers would be out their investment. In the early days of this industry, underhand firms would sell timeshares on resorts that had yet to be built. 

In recent years, the resort industry has been forced to clean up its sales practices by both executive and buyers. But even today, some timeshare selling companies are still getting into trouble. 

In October of 2008, Pennsylvania's Attorney General filed a lawsuit against a Florida timeshare selling company for fraudulent advertising practices. It must be emphasised that this suit wasn't against the industry, nor its sales offering, but instead against individual marketing firms for false sales practices. 

But Are Timeshares A Quality investment For Most Vacationers? 

Honestly, the solution to that question is that it is dependent on the goals of the buyer and the specific details of the individual timeshare transaction. 

"Purchasing timeshare may be the best thing a vacationer has ever done, but it could also be a massive mistake," asserted Lisa Ann Schreier, owner of ( timeshareinsights.com ). Schreier continued, "With the medium cost of a timeshare in the States being approximately $13,000, it's vital that people understand precisely what timeshare is and whether or not it's right for them before they make a purchase decision." 

On the one hand, a timeshare is attractive in you can get access to a half-a-million buck condo ( $13,000 x 52 weeks ), for an average buying cost of $13,000. As a previous timeshare salesman, she has great insight into this industry. But the cheap price isn't a deal purchase for every buyer. 

What it reduces down to is this : if you can take the same week for vacation every year, and you need to go to the same destination year-after-year then a timeshare could be a great vacation investment package for you. 

But, if you cannot be sure that you'll have the same week every year, or if you like the destination, but would not wish to be tied to a particular vacation location, then you should not purchase a timeshare. 

Of course, there are resorts that offer variations on the straight same week, same location offer ( some resorts have multiple locations ), but you're going to need to be sure that your timeshare plan makes that sort of offer, and get it in writing before signing the check.

Hire Transfer on the Spot if you already made the decision to purchase a timeshare and no longer want it. Transfer on the Spot has helped many timeshare owners and are eager to help more.