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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

YOu need to make a table advantage vs disadvantage 

subject time share

This is just a start:

1.Timeshares are expensive, regardless of what the developer or resort salesperson tells you. They have numerous marketing and administrative costs, which are absorbed into the cost of the timeshare. This makes for a terrible ROI because you will never be able to recoup these costs. 

2.Timeshares have high maintenance fees. Sure, they might start out low, but you can be sure that they will increase over time; sometimes so much your little piece of heaven is barely affordable. 

3.It is difficult to exchange your weeks and your destination. If you want to travel to a different resort, or change the date that you travel, you are at the mercy of the other resorts, and the other travelers. You will have to provide at least 3 choices and the chances of you getting your first choice is always slim to none. It largely depends on what season you are traveling in and how busy the resort is. 

4.It can be difficult to receive financing. Banks and lenders don't like the prospect of giving you a mortgage for a property that you only have access to a couple of weeks a year and may not even be deeded to you. There are financial companies that specialize in timeshare purchases, but watch their terms and interest rates. 

5.Selling your timeshare will be difficult. As stated above, you will never recoup your initial costs. Even knowing this, sellers commonly price their timeshares too high, and buyers are not interested in purchasing anything above market value. Why purchase something now that you will have difficulty selling later?

6.You don't really know the area. How do you know you are going to like your vacation destination after only spending a few days or a couple of weeks there? How well have you gotten to know the area, or the country for that matter? How do you know you aren't booking vacation time in their rainy or stormy season? 

Jul 14, 2016 05:51 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Profitable for the developer. Expensive for the buyer. Limited use. Close to impossible to sell.

Jul 14, 2016 11:50 PM
Gordon Newton
Newton Group Transfers - Gilbert, AZ
The #1 Trusted Name in Timeshare Exit

I know this is an old question, however I just came across it. People love to travel so they get sold on the idea of traveling and end up owning a timeshare. The biggest downside is that they don't tell you that you can't sell it or give it back when you are done with it.

We have helped consumers get ot of their timeshares over the last 14 years through the timeshare exit process. I wrote a blog post here which shares some things to look for when trying to find an expert to help you (or your clients) get rid of your timeshare. I hope you enjoy it.

Dec 07, 2017 02:03 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Dis advantage is value goes down and monthly or yearly fees only go up

Jul 14, 2016 10:00 PM
Roy Kelley
Retired - Gaithersburg, MD

They are often impossible to sell.

Jul 14, 2016 09:52 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Minnette Olsen A friend of mine had one and the only advantage was that he was able to trade it for different locations every year for a small fee. Too many disadvantages to mention.

Jul 14, 2016 06:04 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Advantages --- Huh?     

Disadvantages --- Numerous.

Jul 16, 2016 03:40 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not own one.

Jul 15, 2016 06:11 AM
Harry F. D'Elia III
Avant Garde Residential Management Services - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

One must take advantage of the time share opportunities and really travel.

Jul 14, 2016 11:25 PM
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

A huge disadvantage is the inability to sell the darn thing....

Jul 14, 2016 10:21 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Sam Shueh nailed this one...

Jul 14, 2016 10:11 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

We have a posh timeshare in Mexico that we rarely use. It is a waste of money if you ask me. 

Jul 14, 2016 06:07 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have friends that have bought into timeshares and deeply regret it. They cannot get rid of them and they are perpetual.

Jul 14, 2016 03:13 PM
Toronto, ON

It depends upon the particular owner.

Jul 14, 2016 12:06 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

No one likes time shares that I know of.

Jul 14, 2016 12:01 PM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Sam Shueh gave you a very detailed list of all the disadvantages of timeshares.  Unfortunately there are not many advantages

Jul 14, 2016 11:57 AM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

Disadvantage is the high fees.

Jul 14, 2016 11:45 AM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

There aren't any that I know of around here, and I've never been intereested enough in buying one to learn how they work.  They seem to have a rather dodgey reputation - many people buy them and they turn into the real estate equivalent of a gym membership purchased on New Year's Day.

Jul 14, 2016 11:21 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I have only known one couple who successfully bought and have used their time share for all it is worth.  Everyone else that I have heard of ended up giving it back.

Jul 14, 2016 09:31 AM
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Helping agents live an exceptional life!

I would never buy one, but own a summer week at the beach that my parents bought 30 years ago. It's still been a cheaper alternative than a hotel for my family! I'll never sell it as my daughter has already called dibs on it!

Jul 14, 2016 05:46 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'd rather own real estate, not a one week vacation.....

Jul 14, 2016 05:36 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

They are tough to sell. The time share programs vary - I've heard some are far better than others in terms of usage restriction, trading, etc.

Jul 14, 2016 05:10 AM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Advantage: $50 gift card for listening to the presentation.  Paid for my gas to and from a vacation in Palm Springs once!

Disadvantage: You have to sue to get rid of it.  They suck.

Jul 14, 2016 05:03 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Are there Advantages?


Jul 14, 2016 04:50 AM
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

I am not a fan of sharing so time sharing, no.  I want to go when I want and where I want with no restrictions.  I do know many who say they are great but typically my idea of great is very different.  

Jul 14, 2016 04:49 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I can't really think of all that many advantages, but I know of plenty of disadvantages.

Jul 14, 2016 04:24 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

These rarely appreciate and are very difficult to sell for break even proceeds

Jul 14, 2016 04:23 AM