Timeshare Resales is Finally Getting Its Just Recognition January 14, 2011
Posted by John Stephens in : ARDA, News & Events, Timeshare Resale , 1 comment so farWell, it’s taken a while, but it looks like the secondary market is finally being accepted as a legitimate option for people looking to buy timeshare.
According to numbers published by the ARDA International Foundation (AIF), using “an online timeshare resale company” was named as the most popular method that owners used to purchase additional timeshare, with 25% of owners surveyed using this method. These figures are part of a report issued in 2010 that also stated the category as tied for first among overall purchasers of traditional timeshare, with 16% using online resale companies to make their purchase.
Think about the significance of this for a moment. Among people buying timeshare resale, online resale companies were more popular than management companies, HOAs and brokers.
This is astounding, especially when considering how long those supposed “traditional” methods have been around and how relatively recent the use of the internet has become to make such purchases.
This acknowledgement from the AIF carries a lot of weight, since the AIF is associated with the leading timeshare industry association in the country, the American Resort Development Association. The AIF figures can be seen on the ARDA.org website by clicking onto the AIF Foundation tab.
Perhaps now developers will take notice and consider the impact the internet is having on the timeshare industry in general and resales in particular.
If the car industry operated like timeshare, it would take more than a government bailout to help them. According to an Edmunds.com analysis, 65% of all automobile sales are resales. That helps determine the value of a specific model as the resale value of an automobile is one of the most important factors used when buying a car.
This is where BuyaTimeshare.com comes in. For the past 11 years, we have been working hard to bring maximum exposure to the resale market and educate consumers about the value of timeshares on the secondary market. Timeshare owners tend to be more educated and when they buy additional weeks they buy from online resale websites like ours, according to the AIF.
Timeshares are a great way to vacation and can save you loads of money if you buy on the resale market. BuyaTimeshare.com provides a great place to find timeshares at amazing prices, so begin your search to buy timeshare or rent timeshare by clicking here.