The timeshare industry is a global business that has been around for over 40 years. It provides owners with the ability to travel to any destination and enjoy an array of exciting options. This type of ownership has become very popular. However, as the industry continues to expand, it has also created a lot of confusion. Buying and selling a timeshare can be a very difficult process. Fortunately, there are a few sources of information to help you make an informed decision. Read on to learn about some of these resources.
Firstly, a good source for information on the timeshare industry is the Timeshare Users Group. This website is one of the first timeshare sites to be launched on the Internet. In the nearly three decades that it has been online, TUG has helped sell millions of dollars in timeshares. Owner Brian Rogers has begun creating YouTube videos to educate consumers on various topics in the timeshare industry.
If you are considering buying or selling a timeshare, you should make sure to ask about the fine print. While the term “vacation ownership” may be misleading, timeshare contracts can provide owners with long-term protection. For example, if a resort is undergoing repairs, the owner has the option of paying a special assessment from his annual dues. Typically, these assessments are meant to pay for the property’s needs, and can be expensive.
There are also a number of websites that provide consumer-friendly advice. These include Timeshare Crusader and Redweek. A few other sources that may be of interest to you include the Timeshare Consumer Alliance and the Travel & Leisure Group. Both organizations have over 25 years of experience in the timeshare industry.
Another resource that you might find useful is the Everything About Timeshares book. This is the definitive guide to timeshare. This book is filled with insider secrets about the industry, and offers critical information that all timeshare owners should know. The book is written by a former vacation club executive, Wayne C. Robinson, who worked in the industry for 15 years. He has also made several videos for owners on a variety of topics. His latest video provides members with the opportunity to participate in live zoom meetings.
As the timeshare industry continues to grow, the best companies are making strategic shifts to ensure that their product continues to improve. For instance, Wyndham Destinations acquired Travel + Leisure, Co. and is planning to launch a new points-based timesharing product. They are hoping to maintain their title as the world’s largest vacation club.
Some of the most notable timeshare networks include RCI, Interval International, and Resort Condominiums International. These networks allow owners to exchange their points with other resorts. Guests are able to use the points in a variety of locations, and the value of the points can vary depending on the type of ownership.
You should be aware that there are a number of illegal methods for selling timeshares. One of these methods is the use of law firms that help clients with their exit plans. Fortunately, the Timeshare Users Group is a consumer-friendly site that provides information on the industry.