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Re: Buying timeshares (even resale) (by R P.):

wayneb24 wrote:

jayjay, i agree with you if you can rent the place for close to the maintenance fee, but that is rarely the case with 5 star resorts in high season unless you are looking at a place where there are a tremendous number of timeshares. I bought a timeshare in Antigua at a 5 star resort in Antigua several years ago and have had no difficulty renting it out for many times the maintenance fee.

I have rented many 5* and Gold Crown units for the cost of maintenance fees or below. With education and a lot of research on the internet, you can do the same. For instance, when you see a unit for rent at a resort and the rental is upcoming, most owners will negotiate their listing rental price. Also, when you see the same unit listed for rent for several weeks or months, the owner will more than likely negotiate their rental (or for sale) price.

Many owners just want to recoup their maintenance fees (or less) when renting, since there's a glut of rentals (and sales) on the internet and in the marketplace. It's a buyers and renters market.

The internet has been revolutionary in changing the timeshare rental and sales market.