Fidelity Resales Blog

Your New Go-To: Timeshare.Com Brings Transparency to the Industry

Posted by Mia Reid on Aug 21, 2019 4:04:05 PM

What is timeshare all about? How can you buy a timeshare? What scams should you be on the lookout for? How can you cancel your ownership? Where can you take your timeshare when you own it?

The answers to all these questions and more can be found on the new go-to website for timeshare owners, buyers and sellers. Timeshare.com brings transparency to the industry, providing useful consumer information and vacation inspiration.

Sponsored by Wyndham Destinations, one of the top brands in the timeshare industry, the vision of timeshare.com is having an all-in-one place for every timeshare question you may have.

Learn More About Timeshares

Whether your knowledge just scratches the surface or you’re a timeshare pro, there is tons to learn more about on timeshare.com. We know for a fact that vacation ownership allows families to own their vacations for a lifetime and with incredible travel opportunities. See the world in spacious accommodations, fully-equipped kitchens, luxury resorts and comfortable amenities. And nothing beats the savings of buying your lifetime of vacations in one full-sweep. Some vacation ownership clubs or timeshare deeds allow owners to bequeath their timeshare onto their children, so the vacations last forever.

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The Truth About Timeshare

With all of the amazing benefits of timeshare that owners report satisfaction with year after year, the industry does have a downside. The truth about timeshare is that they bring better vacations, huge savings, flexibility and memories. Unfortunately, schemes that imply you can simply “cancel” or “exit” your timeshare paint a poor picture of the industry.

DID YOU KNOW? More than five in six timeshare owners rate their ownership experience as excellent, good or very good! That's an 85% satisfaction rate, which certainly shows that timeshare owners love their resort and brand.

The major timeshare developers realize that their owners can face a change in lifestyle or financial hardships. While timeshare was made to be a lifelong commitment and many families do pass on their ownership through the generations, there are ways to get out. The first step when considering getting rid of your timeshare is by contacting your developer first.

Timeshare.com advocates for the American Resort Development Association and their efforts in fighting against infamous exit companies. Members of ARDA’s Coalition for Responsible Exit offer their owners practical and safe ways out of their ownership, so you don’t have to face up-front fees or unpaid dues that pile up. Your first source of information should always be your resort or developer.

If you’re not looking for a permanent solution but maybe aren’t always using your timeshare every year, there are ways to rent it out and cover your maintenance fees. Or, trade your weeks or points on RCI or II and take your vacations elsewhere.

Looking to Stay Up-to-Date?

Check out the timeshare.com blog for more or subscribe to Fidelity Real Estate.

 

Topics: Timeshare Industry