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Resorts Fend Off Timeshare Resale October 27, 2008

The timeshare developers and the primary market have always been concerned with the creation, marketing and sales of new products. As far as resale is concerned, they have little or no value to the developer. But like the automotive industry, resale is always cheaper, as a deeded property, they do have value! How would you feel if you got sold a vehicle for a ‘great’ price, then saw that same car or better selling for 50 percent less? Buying doesn’t have to be game of dodging tricks and tactics—and there are no used car problems. Shop online to plan your next vacation, and spend however much money you want. Depending on where you shop, you can tailor your vacation right down to the suite.

Timeshare resale companies like BuyATimeshare.com, however, lead the business in bringing vacation properties back to life. Where an otherwise static timeshare would sit unused, the resale company makes sure that property continues to bring an unforgettable experience to people, revenue for the resort owner, and tourism for the area. Regardless of the extra bait the developer will wave in front of you, buying your timeshare on the resale market does not involve a sales pitch. Shop online, find BuyATimeshare.com and spend however much money you want and tailor your vacation right down to the very resort, suite and view.

The resort developers are unfortunately very active in discouraging the secondary timeshare market cutting extras wherever they can. For every disappointing quarter they report, a new fee is incurred by owners and they are ever-changing. Wyndham has begun collecting fees on guest certificates and offering VIP Memberships to primary sales owners only. If you want to lend your week to a family member, or rent your timeshare out for the year, it will cost you close to $200. An owner of 300,000 or more Wyndham points is considered VIP Member, but Wyndham will not recognize you as VIP after resale.

Starwood Resorts have taken action against resale by not allowing memberships to retain any SVN or Star options. Marriott owners have the option every-other-year to trade their weeks for Marriott Hotel Points, they do not offer this to resale owners. Marriott points often fail to transfer as well; but you can always purchase them afterward. You will still spend a lot less than the $20,000 extra that the developer will market them for. Bluegreen Travelers Plus doesn’t transfer, and none of the extras either. But whatever superfluous options you miss by buying resale, it is not worth the thousands of dollars you save. Buying for-sale-by-owner carries no mark up, no broker fees or commission, and no sales pressure to buy!

BuyATimeshare.com Presents V.I.P Club Membership October 17, 2008

BuyATimeshare.com, the leader in timeshare resales, has recently developed a V.I.P Club for owners looking to sell their timeshares. Over the past year we have seen great success with ‘Featured Properties’ and ‘Hot Deals.’ In an effort to provide the maximum exposure possible, V.I.P members will receive 10 times the exposure and typically result in a quicker sale.

When a buyer searches through our extensive inventory, they have over 3000 resorts across the globe to choose from. By browsing the alphabetically organized directory, choosing B for Bahamas, U for Utah, buyers are ready to find their timeshare. 3-V.I.P Club advertisements will show up so you don’t have to search any further. As the buyer refines the search a new set of V.I.P ads that fit the criteria will appear.

We have been experiencing record sales and rental activity over the past quarter, and
traffic on our website continues to increase. We feel this addition to the search process will augment an ad’s exposure—making them even easier to find. “V.I.P Club members will receive unmatched exposure, and that means a faster sale” explains Wes Kogelman, Vacation Property Resales President. “People are finding it easier to buy online, and realizing the cost effectiveness of purchasing their timeshares at BuyATimeshare.com.” BuyATimeshare.com reported over $6.6milion in confirmed offers over the past month of September.

Brokers Buy A Timeshare Too September 9, 2008

Lately brokers have been stepping up to the resale industry by shopping the BuyATimeshare.com website. For the past two months brokers have increased the use of our extensive inventory and are buying properties by the throng. Often they have numerous clients and have exhausted their own supply. BuyATimeshare.com, a leader in the timeshare resale industry, comes to the rescue. This relationship gives our clients the superior advertising they need, and coupled with brokers’ buying power; we have been making record sales every month for close to a year.

Many brokers and timeshare skeptics claim that timeshare resales are too complex for advertising to successfully work—but we really help each other. At Buyatimeshare.com we make sure your timeshare is seen by millions of potential buyers worldwide, when a broker makes a bid, we negotiate to get you the most, make sure your timeshare becomes a sold Advertisement. In the past two months we can attribute over $178,640.00 worth of Marriott sales and over $213,000.00 worth of WorldMark sales by brokers alone.

Not only do we offer an advertisement in multiple domains, but we are the only company in the industry to have developed a Buyer Specialists department. These dedicated professionals are available to answer questions and guide buyers through the process. We have also employed a LiveChat option, for folks to discuss any questions or concerns they have along the way.

With the most extensive inventory of vacation properties in the industry, we can work with the broker so you don’t have to. BuyATimeshare.com allows you the chance to sell your valuable timeshare for what you want, instead of the lowest bid a broker will offer. There is commission to consider as well—with a broker charging upwards of 10% of the original cost. So, if you sell a $20,000.00 timeshare, you are liable to be charged $2,000.00. An advertising fee is nominal compared to the percentage brokers take. BuyATimeshare.com deals with these professionals anyway—so would you trade an upfront fee for a hefty commission, or would you rather keep the equity for yourself?

Bluegreens Intent to Sell Diamonds Intent to Buy August 5, 2008

In the beginning weeks of July, Bluegreen Corporation had been examining the feasibility of selling itself to a new owner. Recently Diamond Resorts LLC had stepped up to the plate and proposed a nonbinding letter of intent to acquire Bluegreen at $15 a share, or about $500million. But the transaction is not complete yet, and Diamond’s ability to finance such an endeavor seems to be the only question mark in the way.

Alan B. Levan, chairman of Bluegreen Corp, stated the company had been considering options for the next three to five years. “…When Diamond presented our board with this unsolicited, attractive offer, we believed that it was in the best interest of our shareholders to pursue this transaction at this time.” Levan is also chairman and chief executive of Woodbridge Holdings Corp, which owns 9.5 million shares of Bluegreen stock; he indicated that Woodbridge would also back the proposed deal.

Bluegreen is a top brand that markets flexible real estate-based timeshares and vacation ownerships, they provide access to over 40 resorts as well as an exchange network of over 3,700 resorts, cruises and hotel stays. In recent quarters Bluegreen reported that revenues fell to $111.3million, due to weaker home-site sales—their net income also slipped to $1.4million from $5.3million this time last year.

Owners of Bluegreen points may be facing some of the same issues Sunterra owners ran into after April of 2007 when Diamond Resorts bought the timeshare heavyweight for about $750million. Though current Bluegreen owners will gain access to Diamond properties, they will probably be required to upgrade their points to Diamond points—for a nominal fee of course. Diamond has been buying up rivals to become one of the world’s largest vacation ownership companies. It now boasts 110 branded and affiliated resorts in 14countries in the Americas, Hawaii and Europe, with more than 360,000 owners.

Even though vacation ownership and residential sales have dropped considerably (28.4%) at Starwood Hotels & Resorts Worldwide, one of Bluegreen’s main competitors, Diamond is proceeding with extensive due diligence until early September 2008 to buy Bluegreen. This will allow Diamond to investigate the details of the potential investment, such as examinations of operations and management.

Though the letter of intent stated the acquisition is subject to the completion of due diligence and the execution of definitive agreements, Diamond said it was “confident that it will be able to raise the financing necessary to consummate the proposed transaction.” This may be a wise purchase for Diamond, since the timeshare industry has been a steady force during tough economic times—however; financing continues to be the biggest question mark surrounding the deal.

BuyATimeshare.com, the leading timeshare resale company in the world, is closely following the progress of this transaction. We have an extensive inventory of Bluegreen and Diamond properties for sale and rent, priced thousands of dollars less than developers will. If you are interested in buying a timeshare at any brand resort, BuyATimeshare.com can help; will no broker fees, no commission or appraisal fees, and absolutely no sales pressure!

Timeshare Gain Popularity Among Former Vacation Homeowners May 16, 2008

A trend is forming in the timeshare market. Over the recent months more and more buyers have been people who have previously owned vacation homes. In today’s economic upheaval, fractional ownership and timesharing are starting to look less like a scam, and more like a reasonable, economically sound alternative to owning a separate vacation home.

The unparalleled benefits of timeshare ownership are even better when you can save thousands of dollars when buying. The timeshare resale market found on BuyATimeshare.com has hundreds of properties, for-sale-by-owner, with prices that are well below what a resort’s salespeople will attempt to sell them for.

For awhile, the timeshare resale market was a well-kept secret in hospitality industry, known only by brokers and seasoned timeshare owners. Resorts do not want their vacations peddled for thousands of dollars less, when they can sell the same package for $40,000.00.

Recently people have begun selling their multi-million dollar vacation homes, taking up timeshare ownership. After considering the maintenance costs and property tax for such little annual usage—owning that second piece of property does not make financial sense. Now, instead of paying maintenance fees that cover cleaning services, taxes, insurance, future furniture replacement, costs to maintain the resort, plus operational costs for management and personnel.

These annual maintenance fees are quite small in comparison to a mortgage, insurance and home maintenance costs. With no mortgage, your money is not tied up in one huge investment. A recent trend in our timeshare resale show that many former vacation homeowners now own multiple weeks—especially after seeing the many benefits, luxuries, and affordability of timeshare ownership.

To make ends meet, vacation home owners will often rent their second home out. This becomes a burden to the owner who is responsible for any maintenance issues, all repair, and scheduling tenants, guests and family, until, vacationing becomes more work than it is worth. That same owner can simply check out of a timeshare, with no concerns about the property, finally, vacationing becomes enjoyable.

With today’s huge exchange companies like RCI, II, and TPI, patrons can swap one or more weeks for a stay at thousands of luxury resorts for a variety of vacation experiences. Many of these ex-vacation homeowners have opted for these multiple destination packages—not affixed to a specific resort headquarters. These options have the most to offer those who vacation often and appreciate a change of scenery.

At BuyATimeshare.com there are hundreds of multi-destination packages, priced to sell by motivated owners. These timeshares are your best option of saving thousands of dollars on you next vacation—reaping the benefits of fractional ownership, without owning, renting, maintaining, or worrying about a second home. Finally enjoy your next vacation.

Live Chat Software Makes Buying Resale Easier May 2, 2008

In a continuing effort to provide cutting-edge service, BuyATimeshare.com has employed an innovative piece of technology to increase customer service and maintain our spot as the leader in the timeshare resale industry. Simply clicking the “Live Help” icon, placed throughout the website, will put in contact with one of our experienced staff.

Not only will this new addition help clarify any questions those looking to buy or rent a timeshare may have; it will also increase the chances that we will successfully match a buyer to those who are looking to sell their timeshare. Often people call who are not familiar with our website, or are simply unfamiliar with computers in general. These are the folks we are trying to help. With so many properties available on our extensive database, one may not find specifically what they are looking for right away. Now there is a way for you to get direct answers to any questions or concerns. Finally you can be put in contact with a living person who is trained in the business of timeshare resale.

Studies have shown that people are more apt to chat while browsing our website, rather than relying on phone calls. This will allow for expeditious answers and advice from our team in Tampa, Florida or in Merrimack, New Hampshire. No more being put on hold, or waiting until a sales associate is available. Exit surveys have shown that 80% of people make initial contact via on line, whether it is by email or through an internet search. This technological step forward will bring our office to your PC, making the process of buying, renting, or selling timeshares a mere moment of your time.

The benefits of such direct contact are endless. Speaking to a professional here will ensure that we answer any questions you may have in a timely manner. We have found that 90% of customers using this live chat technology are satisfied with the interaction, they spent less time searching on their own, and left with the exact information that they were looking for—plus a bit more. We know this will build higher customer confidence and trust by showing you that a live professional is simply a click away. Always a leader in the timeshare resale business, the ever-expanding Buyatimeshare.com is working to bring you the utmost in customer service.

This new live chat option is just one of the many additions to our website, dedicated to efficient and timely sales, with a workforce that is skilled and well trained. In 2007 we included “Timeshare Pulse” a program capable of notifying buyers when a specific property has become available. The secondary timeshare market has been a well-kept secret for serious buyers for quite some time. Known only to brokers and real estate agents, buyatimeshare.com strives to make these priced-to-sell timeshare properties available to everyone—and now they are easier to find than ever!

Cynthia’s Las Vegas Vacation Continues with Hilton Grand Vacation April 24, 2008

In beautiful sunny Las Vegas, my journey throughout the various timeshare resorts continued on. After a trying trip with the folk at Westgate, I moved on toward downtown Vegas, at the lower end of the legendary strip. It was here that my long day paid off and was fortunate enough to visit the Hilton Grand Vacation at Las Vegas. This was my favorite among the many resorts I toured.

In order to truly understand the many resorts in this area I had to experience the room and find out firsthand the programs and packages available. The sales tour was effortless. After my last timeshare encounter I expected a slow, 4 hour visit. However, I found that after 40minutes we were given our lunch and complimentary tickets to a Toni Braxton show. There were no pushy sales representatives and I was able to learn and see a lot about this lovely resort.
The rooms were huge, fit for a King, though reasonably priced per dollar. I learned that when you bank your points with Hilton, they last forever—rather than expiring after a couple of years like with RCI or Interval International. With such a refined and posh look, this was certainly the level of comfort I could get used to. The view of Las Vegas and the awesome strip of casinos and restaurants were wonderful. More geared toward a family vacation, there is a kid-friendly side as is an adult side to the resort—separating the activity from the luxury.
The resort holds a great 5star restaurant near the lobby—this is a rare find in many resorts and is often a sought-after amenity. The Hilton Grand Vacation was definitely the best buy over all of the resorts I visited. And although the prices were not unreasonable, buyatimeshare.com advertises for motivated people looking to sell their timeshares. This is beneficial for serious buyers looking to save thousands of dollars. The developer will add as many extras as they can muster, but in the end, you’re only buying the room for a short stay each year. Save your money and come visit Las Vegas the right way, with buyatimeshare.com.

During Economic Trouble, Timeshare Ownership is a Vacation Safe Haven. April 2, 2008

Hotel companies have been found vulnerable to the once supposed economic slowdown. The US has been writhing with talk of this ominous economic slowdown that is affecting fuel prices, airfare, and the housing market. As every other lodging company panics in fears of a recession, the timeshare industry has been a beacon of hope for those in the hospitality business.

At Vacation Property Resales we have seen unwavering success in the timeshare resale business. While many consumers are tightening their spending, timeshares bring such an economic advantage that many American vacation-goers are beginning to find solace in this cost-effective travel option. Susquehanna Financial Group’s gaming, lodging, and leisure analyst Robert LaFleur said in a recent interview that timeshares continue to very profitable businesses while also providing a way for companies to extend their brand.

Hotel companies like Marriott International have anticipated a troubled future. In March 2008 they lowered their revenue per available room (RevPAR) growth target. RevPAR is a measurement of performance in the hotel industry typically calculated by multiplying a hotel’s average daily room rate, by its occupancy rate. Starwood Hotels & Resorts had also projected a low RevPAR growth of only 7percent in 2008, down from 10.2percent last year. It is RevPAR estimates like this that have led some investors to fear an industry wide slowdown—as these companies have seen double-digit gains in past years.

While hotel sales may be experiencing a lull, those established in the timeshare industry have not seen significant weakness in the U.S. market. CNN Money reported on March 28, Wyndham Worldwide had vacation ownership revenue rise 4percent, while Marriott’s timeshare sales and services are up 2percent. Apparently consumers have not let whatever economic troubles they have seen affect their leisure. Buyatimeshare.com has also seen owners sticking with their timeshare purchases. People are finding timeshares to be a cost-effective alternative to owning a vacation home. Compared to a mortgage, and second home ownership maintenance costs, vacation property ownership is extremely cheap—especially after consumers have purchased the first one and have seen the amenities, luxuries, and affordability of timeshare ownership.

Such an affordable alternative to second home homeownership, timeshares have increased in popularity among those who would otherwise own a vacation home. In today’s unsure marketplace, vacation home owners have opted to defray costs and make their homes available as a vacation rental. Even during America’s economic fright, timesharing is a safe and consistent way to ensure you get a vacation when you need it. Even though folks may not spend as much on vacation, they will vacation and will want to at a desirable destination found at BuyATimeshare.com

The Association of Timeshare Owners Committee (TATOC) Annual Conference Announced New plans for timeshare ownership. March 27, 2008

“Radical” changes are set to take place in the mode of operations after the annual convention of Europe’s key vacation ownership lobby and consumer advocate group, The Association of Timeshare Owners Committee (TATOC). Their yearly conference held at the Warrington from March 7 to the 9th 2008, revealed new plans to enhance to timeshare experience for both existing and prospective owners. They have discussed the benefits behind an accreditation process that would examine and award TATOC accreditation.

TATOC is the leading association for members of any timeshare owners’ committee, association, or other similar owners’ representative organization from resorts around the UK and across Europe. The Association has members in the UK, Ireland, Portugal and Madeira, Malta, Austria, Spain and the Canary Islands.

It was felt by the entire committee that their proposed accreditation program would have a considerable positive impact on the marketplace. Secretary General to TATOC, Henry Taylor said “the board has unanimously supported the proposed accreditation process. We feel it is one of the ways that the interest of all timeshare owners and users can be protected. It will also play a positive part in changing the participation of timeshare. The introduction of this service fits with the new mission for TATOC.” This will affect all 250,000 timeshare users at 70 member resorts. The process will require participating resorts to pass a stringent examination procedure that will scrutinize service levels and the full guest experience.

This will allow a resort establishment to display a TATOC Accreditation Endorsement Certificate in their reception area, as well as to fly a TATOC flag outside of the resort. These resorts will also be listed on the TATOC website. The board feels this will be a way to protect the investments of all timeshare owners and users. This will certainly play a positive part in changing the somewhat negative perception of timeshare.

Embracing change was the theme at this year’s conference. Marty Kandel, President of European Operations for Diamond Resorts International (DRI) explained “The past year has seen tremendous and effective changes at DRI and we’ve transformed into a true global hospitality brand committed to simplicity, choice and comfort. With more than 5,000 team members throughout 14 countries delivering exceptional levels of quality service to more than 360,000 members worldwide, I am pleased to have been invited to address the TATOC conference which has provided DRI with a unique opportunity to underscore our presence in Europe and substantiate our commitment to exceeding best practices in the vacation ownership industry.”

Vacation Property Resales sees this as an opportunity for owners to retain the value of their property. At the resale market, TATOC Accreditation would deliver great expectations for those looking to sell their properties; retaining the resale value of such vacation properties This would make these timeshares more desirable, and in-time TATOC Accredited Resorts would be sought after destinations, offering top-quality service and proven excellence! Your TATOC property will be so desirable that it will retain its value, compared to conventional timeshares on the resale market.

Vacation Ownership Investment Conference (VOIC) Brings International Timeshares to the Resale Market March 21, 2008

International hotel giants gathered at the One&Only Royal Mirage in Dubai, UAE last week, for this year’s Vacation Ownership Investment Conference. Two more conferences are scheduled for October 6th to the 9th in Orlando, Florida and the Macau Conference scheduled for March 25th.
This week’s objective was to help participants learn more about the various aspects of timeshares, as well as to highlight the potential for developers, hotel companies, consumers, and local economies. Sponsored by Emerald Vacation Club, the two day conference assembled leaders from hospitality and real estate sectors to examine the upcoming potential for vacation ownership in Dubai.

Senior executives from the world’s largest hotel and resort companies took center stage. Leaders from Hyatt, Marriott, and Starwood shared their views of the vacation ownership market, and explained how the timeshare lodging option can positively impact profits. Interval International’s managing director for Europe, the Middle East, Africa and Asia is David Clifton, who feels this conference is a great opportunity for newcomers entering the timeshare industry. “This is a fantastic opportunity to listen to some of the most influential players in the vacation ownership sector. Anyone considering entering the vacation ownership industry, be they branded hotel operators or independent developers, can learn from these international experts, along with highly successful regional independents” explained Clifton.

The timeshares and fractional ownership industry has brought unprecedented success to many bands that would otherwise be simple hotel chains. Starwood’s president and managing director of operations Matthew Avril explained “Although Starwood is predominantly a hotel company; vacation ownership is a natural extension of the core business and provides an opportunity to create even greater loyalty amongst customers.” The new frontier however, is the promise of tourism revenues in the Middle East.

According to Clifton, vacation ownership is quickly emerging in this region—with Dubai boasting their first resort. Clifton elaborates “We have identified the Middle East as having high potential for vacation ownership growth; intraregional tourism is flourishing and more international tourists are discovering a wide variety of tourism opportunities in the Middle East. It is only natural that timeshare will flourish here as it has across the globe.”
Over 150 industry professionals and experts concluded that a Middle Eastern location like Dubai, presents a huge opportunity for growth. Some experts have estimated the potential value of the Dubai vacation ownership industry to be about 1.2 billion dollars. Currently 90,000 families own timeshares in the Middle East and North Africa.

For Vacation Property Resales, this means there is sure to be an influx of international timeshares on the resale market, especially in properties from the Middle East, like the Royal Club at Dubai’s Palm Jumeirah, Dubailand, and the Emerald Vacation Club. We are looking forward to the prospect of popularity in the Middle East. Vacation ownership in this region is set to skyrocket in 2008 and beyond—eventually trickling down to the resale market.

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