Monday, 31 May 2010
El alquiler de un re'gimen de tiempo compartido
Friday, 28 May 2010
Una gua'�a a sus derechos de multipropiedad
Monday, 24 May 2010
Pros y contras de tiempo compartido
Friday, 21 May 2010
Adquisici�n de reventa de tiempo compartido Vs La compra de tiempo compartido Resort
Wednesday, 19 May 2010
Picking The Right Timeshare Broker
Finding a real estate broker is easy. They are there at every nuke and corner, online, offline and everywhere. Same is not the case with timeshare brokers. Not all real estate brokers deal with timeshare resale. They may be little more prominent in coastal states like Florida, North and South Carolina but not everywhere else. As many of us know or at least the people who tried selling their timeshare. It is not easiest of the tasks. In fact I would say it is one of the most challenging tasks. Timeshare should never be bought as an investment. It should be for your individual use and for spending the most beautiful moments of your life. But many circumstances can force timeshare owners to sell their timeshare. Timeshares doesn’t even sell at their original price. They usually sell 30-50% below their original price. And leave the price alone, even selling is also difficult, it takes a lot of time to close a timeshare sale. Having learnt the above facts it is almost imperative to conclude that selecting a right broker is critical to the sale of your timeshare property.
Do your homework by researching about some good brokers near your timeshare property. Searching for timeshare brokers in the state where you live doesn’t make sense because most of the brokers who deal in timeshares could found only around high vacationing places like Florida. Look for those brokers who have a good track record in handling timeshare resale. It is advised to go with big and reputable brokers as they are more likely to handle your resale professionally and responsibly. They are also less likely to play games or cheat you because of their name. Do not hesitate to ask questions related to their success in selling timeshares, their experience in selling timeshares of the timeshare resort you hold timeshares with. Also find out the average time that a timeshare property sits in the market before being sold and last but not the least the average selling price of the properties they sold. Now compare these aspects of some brokers and go with the best one.
It is not a bad idea to find out people in your development who have recently sold their timeshare units and ask them which broker they hired to resale their units. Also take inputs on broker’s performance in handling the resale of your timeshare unit and did they get the best possible return on their sale.
Cost is also a factor while selecting a timeshare broker. Beware of the brokers who charge upfront fee and excessive commission. Some brokers charge as high as $500 upfront fee. While it may be a norm but you should still ask in writing to list all the services they are providing for that fee. It is generally recommended to go with the broker who doesn’t charge an upfront fee. One of the reasons why brokers charge an upfront fee is many owners price their units ridiculously high and they end up sitting for a long time and eventually they never get sold. So, be careful while pricing your timeshare unit. But the brokers also can advise the owners that the unit may not sell at such an exorbitant price. Try to find about the background of the broker through better business bureau. Also ask the broker some important questions like what strategy they will be employing to sell their unit, estimated time it will take to sell the unit. The broker should be able to answer all your questions. If the broker is unwilling or unable to answer your questions they you may better look out for some other broker. Thus, a good broker who charges reasonable commission is critical for the resale of your timeshare because it is in the hands of the broker to make or break a deal and fetch a good value to your timeshare unit.
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Word Count 658
Sunday, 16 May 2010
A Checklist When Buying A Timeshare
Many prospective buyers are stuck when it comes to deciding what important factors that one should consider when buying a timeshare. The buyers today are much more informed than the buyers of few years back. They are more knowledgeable about what they are buying and have done their homework before taking a major step. But still many buyers get confused when asked if they have a checklist of things to consider before buying a timeshare. The following paragraphs provide you with a checklist to make sure that you are not missing the important criterions that should be weighed against the timeshare you are buying.
If you are buying timeshare through a broker make sure that he is licensed. Also find out his reputation in handling timeshares and the success rate. And do not hesitate to ask any questions related to your timeshare. Some of the good questions to ask are:
* What is the maintenance fee of the resort and do they keep raising it every year, if yes how much? * What are the chances of getting a best timeshare like in a desired week? * By what date you should make the reservation at the earliest? * Are there any extra benefits accompanying your timeshare? * Do the timeshare company has bonus week program? * Can you exchange or trade your timeshare without joining an exchange company?
Also try to enquire from the broker about the point system. Some reputable firms sell the timeshares for more if they have points system. Ask him if this is reasonable or you are better of buying a resale. Also the factors that determine the cost of timeshare units are demand for a particular week may be high so the price may be high, also demand for a particular location may be high. The size of the unit also affects the price, the bigger units are easy to trade in and exchange hence they are in more demand. Also the reputation of the firm owning the timeshare resort is an important factor.
See the unit before you buy, in many cases the descriptions provided by the timeshare company or the re-seller turns out to be misleading like the location, size of the unit etc. If you cannot see it, if your family members or friends lives near the location tell them to go and see the unit. Also try to get references. When you go and see the unit ask the neighbors what they think of the amenities and the management. You can also enquire from them:
* What they think of the resort? * Time since they have been vacationing in this resort? * Are dates easy get without much problems? * Is the management company good and are they satisfied? * How about the maintenance fees and other fees? Do they have a good record or they raise it too frequently? * Is it easy to make reservations and exchanges? * Are developers planning on improving the property in near future?
Do your homework to find out the prices in the area you are buying. Internet can come handy for checking the prices for example auction sites such as eBay and bidshare.com. Keep in mid that if you are buying a resale timeshare unit it should be as cheap as half the price of the new timeshare unit that developers sell. If you are buying a new timeshare through a timeshare company read everything carefully in fine print before signing any contracts. While buying a resale timeshare ask the seller why they are selling it because there can be an underlying problem in their reason to sell like problems with management company or inconvenience. You can get a feel of the potential problems that you may also have to face and can decide whether you may be able to handle it or not. Also make sure that there are no past dues on maintenance fees and property taxes, it will add up to your cost. If you take care of all these important factors you should be able to make a smarter decision in buying a timeshare.
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Word Count 691
Thursday, 13 May 2010
Considering A Timeshare Resale
Are you on a hunt for timeshares? Are you tired of listening to the lengthy presentations of timeshare companies? Here is the solution, go buy a timeshare resale. Almost non-existent a decade ago timeshare resale industry is waking up to the call and catching up slowly and steadily. Timeshare resale takes place through classifieds, auction sites and also many reputed firms have joined this emerging market. The reason why anybody should look at buying timeshare resale is that they cost 30%-50% less than the new timeshare. The reason why new timeshares are expensive is the timeshare companies spend a lot on advertising. Sometimes the cost of advertising is higher than the value of resale. That is why timeshare resale is much cheaper option than new timeshare. But one should remember certain things while buying timeshare resale.
Do not believe on word of mouth if the seller tells you that the timeshare is in a great location. It is advisable to see the timeshare yourself or at least tell your friend or family member if they live close to the location to go and see it. Timeshare is indeed a great investment in your life provided you know you are buying a right one. And also consider things like whether the timeshare is in a high demand area and in close proximity to grocery stores, malls, restaurants and other amenities. And also find out whether there are any major attractions nearby. Also buy your timeshare in a prime season which gives you more options for exchange later on.
Also do not ignore the floor plan. Some units are converted from motels into timeshare units, while some may be outstanding but some may turn out to be very bad. Look for well designed and well planned unit. And also see if the units are well maintained. If it’s clean and free from dust, structural damages and squeaking doors it speaks a lot about the management. Well maintained and well kept units represent a good management. This also adds to the value of the unit.
The low prices of timeshare resale overshadow the underlying cost sometimes such as maintenance fees, property taxes and if there is any special assessment this year. Clearly ask the seller if all these have been paid up to date otherwise the price of owning a timeshare resale increases and makes no sense in buying. Also buy a timeshare resale unit in a timeshare resort which has low maintenance fee, as this is an annual fee it keeps on adding if you pay any extra money.
If you are buying through a broker, do not fall into the trap of buying through an unlicensed broker. The timeshare industry has witnessed many scams and frauds related to timeshare resale. So always go to a licensed broker because they have much at stake compared to a non-licensed broker. Also put the money in an escrow account until the time you get the timeshare unit.
The foremost important criterion is the price, so do your homework and research the prices of timeshare units in the area you are interested in buying. A timeshare is an investment for a better life. Keep in mind that the prices of timeshare resale units are as low as 30% to almost half the price of the new units. You can do the research on internet auction sites like eBay and bidshare.com. If you are buying through a broker you can ask the broker to show a comparative analysis of prices.
The bigger the unit, the better the value and chances of exchanging. Most people are happy if they buy big units as it also accommodates big families and friends and also big gatherings. Also do not forget to ask the seller the reason why they are selling their units. It can be due to some problems related to management or inconvenience. This information will be crucial to you as you might be able to gauge whether you can handle those issues later on or not.
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Word Count 674
Time Shares
I think the time share idea is great. You have the benefits of a holiday home without the hassle of maintaining it.
You do have to do your research before you invest in the scheme. There are plenty of places to find more about it and slo plenty of opinions on it also.
Make sure you thoroughly research online and offline. And don't rely on one source.
Regards,