Did you know that there are almost 1,600 timeshare resorts across the United States of America? There are some people that will try to convince you that timeshare ownership is a mistake and that you won’t get the most out of your investment. There are also some common myths that surround finding the best timeshare at the timeshare resort of your choice.
Unfortunately, these negative myths push people away from fully investing in the travel industry. You’ll miss out on making the most of the benefits that come with being a timeshare owner. The good news is that you’re in the perfect place to learn the truth behind these timeshare ownership myths.
Continue reading to learn more about the truth behind timeshare ownership. You’ll be prepared for what you should expect to gain through this area of the vacation industry.
Timeshare Ownership Presentations Are Scams
There is a myth when it comes to timeshare ownership that the presentations you get are all scams. Timeshare resorts use these presentations as a way to present the benefits of becoming a timeshare owner at their resort. These presentations are not a scam but a real glimpse into what visiting and staying at the resort is like.
It is possible that purchasing a resale timeshare is a better fit for you from a financial standpoint. That doesn’t mean that timeshare ownership presentations for retail are scams. You’ll see inflated prices from a retail timeshare presentation. Those prices are higher because of the add-ins like gifts as well as discounted trips through the resort. Some trips might even be free.
These trips and gifts are used to try to attract potential buyers and sell them on the timeshare ownership experience. If you’re interested in joining a timeshare resort like those offered by Hilton Grand Vacations or the Disney Vacation Club.
You Can Only Visit One Location
Another big myth that comes with timeshare ownership is the idea that you’re stuck traveling to only one location over and over again. If you have a location that you love and want to return to each year then that is definitely an option that you can and should take advantage of.
If you really like a particular resort and have timeshare ownership there then you can return each year at the same time. This is great if you love a certain park like the Magical Kingdom that Disney has or if you have family in an area and want to visit them on vacation while enjoying resort life.
There are many different options if you want to change things up and visit a different timeshare resort. One great option for this is to trade into a new timeshare location. Another option that you have at your disposal is going with an exchange company to help facilitate timeshare exchanges. This will help you have a more varied experience.
If you want a change of scenery and a different experience then there are tons of different locations you can stay at.
It Is Difficult To Resell Timeshares
It is true that if you decide to sell your timeshare at some point down the road that you might have a hard time finding a buyer in a short period of time. This is frustrating and will take some time to find the right person at the right price.
There are also concerns that you might get scammed when you decide to sell your timeshare. No one wants to encounter dishonest buyers that are trying to make easy money by taking advantage of people. A good approach that blows this myth out of the water is going with a reputable timeshare broker.
A timeshare broker will help you find the right buyer for your timeshare. They have the experience and knowledge to help you avoid scams from dishonest buyers. They’ll act as a third party in the transaction. You’ll get peace of mind from knowing that both parties will get what they’re expecting with the transaction of selling your timeshare.
This is also a great stress reliever because the timeshare broker will handle the transaction from start to finish. This means that you’re good to focus on enjoying your life rather than worrying about the small details of the timeshare sale.
A good timeshare broker will have an extended network of people that will have an interest in purchasing your timeshare property. You’ll find that it is easier and quicker to sell your timeshare going this route rather than doing it on your own.
Timeshare Ownership Is a Bad Investment
There is also the myth that you’re making a bad investment if you choose to purchase a timeshare property. This is true, depending on what your plan is with your timeshare ownership. If your plan is to purchase timeshare ownership at retail pricing and then try to flip it then you’re going to experience a loss.
Timeshares are similar to cars in that they lose some of their value as soon as you purchase them. There also isn’t much point in purchasing a resale timeshare and trying to flip it. It isn’t impossible to make a tidy profit from flipping timeshares but the pricing is subject to random and rapid changes.
This myth is false if you’re looking to invest in timeshare ownership to provide a great place to spend a vacation with your friends and family. If that is the case then a timeshare might be a perfect opportunity to invest in a fun and relaxing vacation that you’ll look forward to each year.
It also takes a lot of the stress out of vacationing because you’ll know exactly when you’re going, where you’re going, and how you’ll get there. This makes preparing for your trip much easier. Most timeshares come equipped with everything that you’ll need during your stay. This includes a kitchen or kitchenette full of food goods for you to use.
Investing in timeshare ownership is a great investment for the right person and when used for the right reasons.
Timeshares Aren’t Flexible
There is another myth that your timeshare ownership won’t be a flexible experience. This depends largely on the timeshare resort that you purchased your timeshare from. If you opt for a great timeshare resort company like Hilton then you can take advantage of a more flexible timeshare schedule as well as the hgvc points chart for great benefits.
When you buy a timeshare through a company like Hilton you’ll have access to multiple locations and multiple rooms or condos. You’ll have the first choice of places to stay when it comes to your home resort. In addition to that, you’ll have the option to visit other resorts in the Hilton timeshare resort family.
This means that you’ll have access to thousands of different timeshare resorts across the United States as well as the rest of the world. You can also use your points to gain access to other great opportunities within the vacation industry. Then when you’re ready to return to your favorite resort location you’ll have no problem getting first dibs.
Timeshare Inventories Are Limited
This might be true with some timeshare resort companies but it is false when it comes to the big timeshare resort companies like Disney and Hilton. With Hilton resorts, you’ll gain access to up to 57 Grand Hilton Vacation properties and resorts. You’ll also have the inside track to get bookings at 6,600 hotels and resorts around the world.
Your vacation points that you get as a result of owning a timeshare through Hilton Hotels will also give you amazing and unforgettable experiences for the whole family. You’ll get to experience things like safaris, cruises, and boat tours in beautiful locations around the world.
Like most hotels and resorts, these locations will fill up if you don’t book early and often. As always in the travel industry, the sooner you book the sooner you’ll guarantee that you get the experience you’re dreaming of. You’ll also have more options at your disposal if you choose to book sooner than later.
Really, the most difficult part of figuring out your next timeshare vacation will be determining the best place to go with your friends and family.
Start Your Timeshare Ownership Today
There are plenty of benefits that come with timeshare ownership. The myths surrounding ownership at a timeshare resort scare many people off but there are tons of ways that you can enjoy memorable and relaxing vacations in places that you’ll love. You’ll also have no issues selling your timeshare ownership when you’re ready to move on as long as you’re willing to work with a broker.
Timeshare resorts also provide much more flexibility than most people realize. You’ll have access to a bunch of different resorts around the country as well as the globe.
For more insightful and fun articles on a range of topics, check out more of our website today.