5 Myths About Buying Timeshares

Whether you own a timeshare, are thinking of purchasing a timeshare, used to own timeshare or find yourself in front of a timeshare salesperson, you’re bound to come across some timeshare myths.  Here are the Top 5 I run into: 5 Myths About Buying Timeshares

1)  Timeshare is a less costly vacation alternative to renting hotels.

In rare cases and when purchasing on the secondary market, this may be true.  For the majority of owners, you’ll be paying more when you factor in the purchase price, annual fees and exchange/usage fees.  That’s not necessarily a bad thing.

2)  Real estate based timeshare is an investment and will appreciate in value. 5 Myths About Timeshare

NO, NO, NO, NO.  A million times no. 5 Myths About Buying Timeshares

3)  You can hire a company to get you “out” of your timeshare because the sales presentation took more than the agreed to 90 minutes.

The length of the sales presentation has nothing to do with the legality or enforceability of the contract.

4)  Brand name timeshares are better than others.

“Better” for who?  Based on what?  Each person has different needs.  Don’t fall for generalizations.

5)  Owning a timeshare makes vacation planning easier.

Unless you own a fixed week timeshare and plan on returning to your home resort each year, most people find that using a timeshare makes vacation planning more difficult, or at least more time-consuming.  Plan on making reservations 12-13 months out.

Have more questions?  Definitely consult an independent timeshare consultant.  Click here   5 Myths About Timeshare 5 Myths About Timeshare 5 Myths About Timeshare 5 Myths About Timeshare

5 Myths About Buying Timeshares

5 Myths About Buying Timeshares 5 Myths About Buying Timeshares 5 Myths About Buying Timeshares

About the Author

Lisa Ann Schreier

Lisa Ann Schreier has been involved in the timeshare community since 1998. After cutting her teeth as a timeshare salesperson and manager at a number of Orlando area resorts, she grew increasingly frustrated with the antiquated marketing and high pressure sales techniques that were (and sadly still are) the norm in the industry. Seeking to be a catalyst for positive change, she wrote ‘Surviving A Timeshare Presentation…Confessions From The Sales Table’ and ‘Timeshare Vacations For Dummies.’ She is a frequent contributor to major media outlets and a sought after speaker at consumer advocacy groups. In addition to her articles at Senior.com, she is the lead timeshare advocate at Elliott.org. Her ‘tell it like it is’ blog about timeshare issues is a source of solid information and continues to alert consumers to the myriad of less than reputable companies and practices.

Lisa’s blog can be accessed at: http://www.thetimesharecrusader.blogspot.com
Twitter users can follow her at @LisaLooksAt
Questions? Looking for assistance? Email Lisa at lisaschreier617@gmail.com

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