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Why Timeshare Is A Good Thing

Regular readers of my blog may mistakingly assume that I am against timeshare. Nothing could be further from the truth. I truly believe that timeshare is a great product. Besides the obvious or not-so-obvious monetary benefits, here are a few more reasons why:

1) More Space

Whether you travel with a group of people, or alone, as I often do, there is something depressing about coming back to a 300-square-foot hotel room at the end of a day of vacationing. People usually don’t live in a one-room house or apartment, so why should we do so on vacation? I like the space of a living area–I like the couch, I like the kitchen, even though I don’t cook. I like the ability to have room to live, rather than being cramped in.

2) More Amenities

Do you like card games? Welcome parties? Fitness centers? A poolside snack bar? So do I. Even though I tend to be exploring the area while I’m on vacation and almost never sit “home” and relax, there is something really nice about having a place to do “stuff” that’s only a five-minute walk from my room. Timeshares have a whole range of “stuff” for vacationers to enjoy, and many of them are at no extra charge.

3) More Control

While neither RCI nor II are perfect, and while not every resort is wonderful, I enjoy being able to have a vote in the resort’s rating. Unlike AAA, where some unknown entity is rating the property, timeshare owners (through comment cards) have the power to actually do something about how a resort is rated in the future. Power and control are good things!

4) Owning vs. Renting

You know, I sold timeshares for more than six (6) years. I’ve been through more sales training than you can imagine. I’ve written about timeshares for about ten (10) years now. I understand weeks, points, RCI, II, other exchange companies, and I know a red week is sometimes not really a red week. In the end, though, timeshare is nothing more than the chance to own your future vacations. If given the chance, most sensible consumers would choose to own anything over renting. And that’s all that timeshare is . . . an opportunity to own . . . and that is reason enough to go the timeshare route.

Happy Vacationing!

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Lisa Ann Schreier, The Timeshare Crusader, is the author of Surviving A Timeshare Presentation, and Timeshare Vacations For Dummies, and blogs for Holiday Group.

Why More Consumers Don’t Buy Timeshare, Part 2

I’m reading a terrific book for the second time, “Watch This Listen Up Click Here: Inside the 300 Billion Dollar Business Behind the Media You Constantly Consume.” Fascinating book, I highly recommend it.

Chapter 15 is titled, “Why Honda Hates the Internet . . . and Those Who Haunt It.”  The first two paragraphs read:

“In the dark ages of the early 1990s, before Web sites such as Edmunds.com began publishing the invoice prices of cars for all to see, dealers maximized their profits by shrouding the deal. It wasn’t an especially daunting task, as most new-car buyers involved a welter of variables including trade-in value, interest rate, different loan terms, and a bevy of fees. In the old way of moving metal, salespeople practice psychological tricks on “ups” (as customers who strolled into the showroom were called) to stoke their excitement for the car, and employed numerical legerdemain on the “four-square” worksheet used to negotiate a typical car deal, starting with the sticker price and working down and angling to squeeze more from the back end, such as in higher finance charges.

“Once the Internet pulled away the cloak, a car shopper could find the invoice price, add the requisite 2 or 3 percent profit, and make an offer, take-it or leave-it. Today, more than four out of five of Ford’s US customers have gone online before going into the showroom. Most come to the dealer with a spec sheet showing just want they want and what they’re prepared to pay for it.”

Sound familiar? The first paragraph details exactly what happens when customers enter a timeshare presentation at a resort in 2009. The second paragraph sums up, clearer than anything else that I’ve seen, why more people don’t buy timeshare–at least from the developer.

The first company who clearly unveils the “sticker price” of the timeshare, is going to win the timeshare wars.  Who is smart enough to step up to the plate?

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Lisa Ann Schreier, The Timeshare Crusader, is the author of Surviving A Timeshare Presentation, and Timeshare Vacations For Dummies, and blogs for Holiday Group.