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Want to sell, will wait for fair price (by R P.):

samd12 wrote:

Except those of us who were stupid enough to buy one...

Back in the 1970's, and after timesharing was introduced in the USA, timeshare became a dirty word. However, in the last several years many highly known namebrands have entered the timeshare world (Marriott, Disney, Westin, 4 Seasons, Hyatt, Hilton etc.) giving timeshare a better reputation.

However, one should buy a timeshare ONLY if they intend to use it each year OR if they are very flexible choosing several different locations/destinations/resorts when trying to exchange with an exchange company). Many people buy a timeshare thinking they can get very tough trades with a mediocre owned timeshare in a low season (not in the real world).

Many people buy a timeshare to exchange ONLY (which is NOT recommended), many people buy and never use or trade their timeshare at all (ridiculous - why did they buy in the first place?), many people buy thinking their maintenance fees will never go up (hello, inflation raises it's ugly head) and many people have no idea what special assessments are (updating a resort) and when they are billed they are totally shocked, many people buy thinking that a timeshare is a frivilous purchase and they can just quit making payments (if financed) or quit paying their maintenance fees with no repercussions (sorry, but it just doesn't work that way).

Timeshare education is the key. One would never buy any other high ticket (costly) item without researching ever aspect before purchasing, but it seems many people that buy timeshares have no idea what they are getting into as a long term purchase.