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Re: sELLING MY TIMESHARE (by R P.):

adahiscout wrote:

In fairness, Ken, shouldn't we consider the value we receive from the use of our timeshares in addition to the income from selling them? Together, they may well equal the purchase price. (Just as we have the value of using our car plus its resale value--which very rarely equals what we paid, new OR used.)

You will probably respond that folks should buy a good "used" timeshare (As we did buy good used cars for many years!) but if NOBODY buys from the dealer, the whole industry eventually folds.

The salesman is worthy of his hire. In the case of timeshares, he is not only selling a "product" he is selling a concept and educating a prospect in a whole new field. If he and the developers did not do this, there would be no interest in buying resales either. Getting a resort's name out there, providing incentives for prospects to take a look, financing construction before the "product" is sold---these all take money and are legitimate expenses.

Should we need additional points in one of the companies we have, we would consider Resales in the future, but I am not totally sorry or ashamed to have bought from the developers. They dun good! Just don't buy a house, a car, a dog, or a timeshare that you really can't afford.

We bought our first timeshare from the developer ... I blame myself for not researching all aspects of timesharing before signing on that dotted line, however we had no idea at that time that we could have bought the very exact same timeshare for 1/4 of what we paid the developer.

Having said that, we went on to buy several resales in places we like to go at very reasonable prices. Buying from the developer DID get us into timesharing, so we didn't beat ourselves up that we could have bought resale ... we just rack it up as merely an expensive lesson learned the hard way.

You are indeed correct that if no one bought developer timeshares, then there would be no resales. That's the way we look at it now.

We are not alone in that most people buy their first timeshare from the developer.