| Besting #3: Timeshare - Smaller, Nimble Slices | | | | home usage. |
| There is a saying in the Timeshare industry, | | | | Can timeshare also play a role in the Besting phase of |
| "Timeshare is not bought; it's sold." For many people | | | | life, when the work life is nearly over, and people |
| this is a stigma of timeshare; the sales rally meetings | | | | have more time to recreate and vacation? The |
| with a podium pitch and high-pressure salesmen | | | | economics of owning multiple weeks of retirement |
| harassing until you sign the purchase agreement. This | | | | instead of a second home or a full time retirement |
| is yesterday's timeshare, as the industry has worked | | | | residence in a sunny locale may be appealing. Consider |
| hard to mainstream this product and explain the | | | | the following attributes of timeshare:o Timeshare |
| benefits without all the high-pressure hype. This is not | | | | presently sells for $5,000 to $20,000 per week of |
| to say there are no timeshare sales boiler rooms in | | | | ownership, 2 months in the prime sun would only |
| the USA today, but the industry has exponentially | | | | cost $35,000 to $140,000 to owno Your ownership is |
| improved. According to The American Resort | | | | often tradable for as many as 4,000 locations |
| Developers Association, which helps Shepard the | | | | worldwide, so you will never get bored of visiting the |
| timeshare industry, customer satisfaction levels with | | | | same place winter after winter.o Timeshare dues |
| the product is in the high 90% range, and many | | | | include real estate taxes and insurance. Maintenance is |
| owners have purchased additional timeshare. The U.S. | | | | hassle free beyond writing checks, and if you don't |
| Timeshare industry is a trillion dollar market and has | | | | use your time rental options often allow you to |
| been growing at a double digit pace for year after | | | | offset expenses of ownership. |
| year. | | | | If your desire is to enjoy multiple locations during |
| Timeshare is generally distinguished from fractional by | | | | retirement, for 1-4 weeks at a time, living in a series |
| the amount of 'time' you own. Traditional timeshare is | | | | of timeshare resorts and condos may be absolutely |
| one week of ownership time, or a 1/52 share of the | | | | perfect. For longer than 4 week periods of time and |
| real estate. Such a 1/52 share of the ownership of a | | | | ownership, fractional will often be a better value. |
| piece of property may seem small, until you realize | | | | Owner surveys reveal that opportunities for trading |
| that the average American gets 2.4 weeks of | | | | your 'home resort' time for 4,000 other locations is |
| vacation annually. In this context, 2 weeks of | | | | one of the motivations to buying timeshare. |
| timeshare may accommodate most people's second | | | | |