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Ambassador
3,113,701
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

 I own a timeshare membership and I have never seen such high pressure sales in my life. If you're going to use it they are great but if you quit using it ;it gets expensive real quick and it's hard to sell ....

Dec 14, 2016 01:24 PM
Rainmaker
1,254,588
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I have  a Marriott time share (2 weeks) - 2 bedroom water front in Maui. 

Advantage - You can split up the 2 bedroom and get 4 weeks out of it. You couldn't touch 4 weeks ocean front for the yearly fees you pay.  

Disadvantage - Resale is terrible but renting them out - you can make money.  Now Marriott is selling "points". Stay away from that.  You still pay maintenance fees but Marriott can raise the amount of points for your stay whenever they want. If you own, all you pay is maintenance.

Bottom line - I would NEVER do it again!

Dec 14, 2016 01:51 PM
Rainmaker
3,340,867
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Advantage, limits your expense to two points in time.

Disadvantage, limited resale market, limited use, hard to finance, difficult to sell, the only winner is the original developer.

Dec 14, 2016 12:13 PM
Rainmaker
3,394,511
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I have not participated in time-share ownership.  Difficulties in selling is likely the biggest disadvantage.  

Dec 14, 2016 04:54 PM
Ambassador
2,190,741
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I personally haven't had any experience with time shares. From what I understand they can be very difficult to get rid of.

Dec 14, 2016 04:09 PM
Ambassador
3,983,611
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I am totally against time-share ownership. I have friends that own them and cannot sell or give them away because they have high maintenance fees, hard to use and the management has let them run down. They are stuck.

Dec 14, 2016 02:51 PM
Ambassador
4,300,966
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Oakly Rogers - I prefer not to own time-share. Just too much of an investment for too little of fun!

Dec 14, 2016 02:44 PM
Rainmaker
3,983,519
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

personally I have not seen any advantages.

Dec 14, 2016 02:35 PM
Ambassador
2,361,820
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Highest sales pressure in the world.  They offer you a free weekend stay at the resort.  When you arrive, they put your head in a vise until you sign on the dotted line. 

      And resale?  You will be lucky to get 20 cents on the dollar.

Dec 14, 2016 02:34 PM
Rainmaker
5,084,301
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I've never been involved with time share..... I've purchased 23 units of real estate in the past 38 years.... and I now have the home I live in and one single family ranch style home for family members to use when they need housing....

Dec 14, 2016 01:05 PM
Rainmaker
1,500,127
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I have a time share forever that we almost never use....What a waste of money if you do not want to travel to the same location over and over again.

Dec 14, 2016 07:40 PM
Ambassador
4,324,577
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

No advantage in buying one of these, all the advantages are for the sly fox that is selling them.

Dec 14, 2016 06:54 PM
Rainmaker
3,840,492
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

I'm with Joe Pryor ..no time shares for me.

Dec 14, 2016 05:54 PM
Ambassador
1,651,056
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would rather own short term rentals throug AirBnB or VRBO. I ahve people calling me to try to figure out how to unload their time-shares.

Dec 14, 2016 05:53 PM
Ambassador
3,680,784
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Few have advantages.  That's why so many lawyers make a living getting people out of time share deals.

Dec 14, 2016 05:41 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

It depends on the specific parties to the transaction.

Dec 14, 2016 05:19 PM
Rainmaker
5,467,007
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Time shares can be very difficult to sell.

Blog about your personal experience.

Dec 14, 2016 04:21 PM
Rainmaker
1,382,117
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Oakly Rogers Advantage: Nice place to visit Disadvantage: Difficult to sell

Dec 14, 2016 01:27 PM
Rainmaker
4,432,317
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no idea

Dec 14, 2016 01:26 PM
Rainmaker
414,255
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

For real estate agents in Oregon, you cannot represent buyers and sellers of these. Better ownership is fractional - in which there is actual real estate involved and a licensee can represent clients in the exchange of these.

Dec 14, 2016 12:26 PM
Rainmaker
1,257,022
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

For the ones that have places around the world that you can go to, they're great.  Otherwise, you're committing to always vacationing at one spot.  Personaly, I am not a fan of them.

Dec 15, 2016 06:42 PM
Rainmaker
863,796
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

There are advantages and disadvantages in everything we do in life. It is a matter of looking at the bigger picture and see if it meets your need.

Dec 15, 2016 07:33 AM
Rainmaker
1,555,344
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Chapter 3: Title and forms of

Dec 15, 2016 05:54 AM
Rainmaker
3,177,568
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

You are stuck with it once you buy it.

Dec 15, 2016 04:26 AM
Rainmaker
3,053,914
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Paul S. Henderson, REALTOR®, Broker, Tacoma Washington nailed this one!

Dec 15, 2016 03:54 AM