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Re: Huge Difference Between Purchase and Resale (by R P.):

I don't necessarily agree with the statement below. Resales will generate only what the market (buyer) will pay. I don't agree that resale prices will rise in the future except perhaps for very popular areas, resorts and seasons (supply and demand).

I see what is happening currently for the future in less desirable and/or overbuilt areas and off seasons, especially since so many new resorts are being built as we speak (re: Las Vegas, Orlando, Branson).

There will always be millions of people buying from the developer then, for whatever reason, turning around and selling for a huge loss on the resale market.

Resale prices are all over the place at the same resort, same accomodations and in the same time period and it will always be that way. It depends on what the seller is asking and what the market (buyer) is willing to pay.

You always have to remember that just because a seller is asking a certain price does not mean he will get it or perhaps anywhere near his asking price or if he will sell it at all (re: the many timeshares selling for $1.00 on Ebay).

I agree there are some great timeshare deals on the internet, and it is a good time to take advantage of those deals if you buy for the right reason and you will use that timeshare each year in some capacity, whether using it yourself or exchanging. So many people actually buy timeshares, even from the developer, and never use, rent or exchange it. This is tragic.

I don't agree that timeshare owners will start competing with each other in the rental market except for high demand locations and seasons (again, supply and demand).

orvillef2 wrote:

I believe this is a great time to purchase timeshares secondhand. I believe the prices will rise and I believe people will begin competing to rent from owners. Everything takes time, but knowledge and the internet makes for some very fast progression.

I would never look at timeshares as an investment, however, looking back, I can say that the best time to get the best buys in anything is when they are out of favor.?