Timeshare Purchases: How to Get the Best Bang For Your Buck

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If you’re thinking to yourself, “What is a Timeshare Exactly?!?” Timeshares are partial vacation ownerships of condo-like units in resort developments.

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They are owned, operated, and maintained by independent resorts, small chains, and large timeshare companies like Hilton Grand Vacations Club, Club Wyndham, Marriott Vacation Club, and Disney.

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Buying a timeshare is not the type of real estate decision to make on a whim, three margaritas deep, while on vacation.

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Value for Money Starts in the Timeshare Resale Market Meaning, if you buy a vacation property directly from a timeshare resort, you’ll be paying much more than its market value.

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The timeshare industry does not have an easy way to evaluate timeshares strictly based on value like the dollar per square foot metric when you’re looking to purchase real estate.

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To make matters more complicated, timeshare companies now offer a wide range of timeshare products to meet people’s various vacation preferences.

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When looking for a timeshare resale deal, a veteran of the RCI points program shared, “A good rule of thumb would be to aim for 100 RCI points per dollar of maintenance fee (MF).”

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Hawaii has always been a costly place to vacation, but staying in timeshares vs. hotels makes it much more accessible. The average Hawaii hotel room rate is $330 a night.

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Many timeshare exchange companies offer bonus weeks to sweeten the pot if you deposit your Hawaii timeshare week with them.

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Swipe Up To Read More On Timeshare Purchases: How to Get the Best Bang For Your Buck

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