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"MyTimeshareConnection.com is "Your Worldwide Connection To Timeshare Resales & Rentals!"

Timeshare 101

Sell or Rent My Timeshare 101

Selling or Renting your timeshare timeshare requires not only good advertising but good pricing. That is why MyTimeshareConnection.com offers a free market evaluation so that you can properly price your unit. Pricing is the most important step in placing an ad. Our job, once your ad is placed, is to ensure that your timeshare ad is available to the popular search engines, and that your ad is promoted to the fullest. We are constantly changing our website so that your timeshare ad is viewed by the greatest number of people at the most optimum times. This will help to get your timeshare sold in the least amount of time for the most amount of money. Mistakes that you do not want to make are found on our Timeshare Resale Scams page.

Selling a Timeshare 101:

If you are ready to sell your timeshare week or points, you have come to the right website. MyTimeshareConnection.com will provide you the best of both worlds. We work with a Real Estate Broker to help you determine your price, and will provide you with the connection to individuals that are looking for a timeshare to purchase. We will put your ad in front of thousands of consumers daily that are interested in buying a timeshare or vacation ownership. Don't pay another maintenance fee if you are not using your property. Let us help you sell your timeshare! You will pay no commissions using this site. You will pay no membership fees. Your prospective buyer will pay no membership fees. There are no hidden fees of any kind. It's that simple and straight forward!

Renting a Timeshare 101:

For The Timeshare Owner:

An Owner that can't use their timeshare week will sometimes rent out the vacation week just for reimbursement of the maintenance fee they have paid. It solves the owner's problem of what to do with a week they can't use. It allows the timeshare owner to cover their annual fees.

MyTimeshareConnection.com handles the marketing of your rental. We also have all of the tools you will need once you have found a prospective renter, such as our Lease Kit. We recommend a third party for holding the money involved in the rental to protect the interests of both parties. We recommend Timeshare Resale Closing Services, Inc.

MyTimeshareConnection.com is the website for your vacation rentals! MyTimeshareConnection.com allows Owners to post a week for rent, and to leave the post up, right on through your check in date, for only $50.00 per ad. There are no commissions to pay. Your ad will be seen by thousands of vacation seekers every day. Our goal is to bring vacation renters and timeshare owners together.

For the Timeshare Renter:

Renting a timeshare is a great way to experience timesharing without purchasing. This gives the newbie at timeshare a way to experience all the benefits of a timeshare resort. It also allows the person that doesn't want timeshare ownership a way to enjoy timeshare without owning.

Usually the renter will be able to rent a vacation unit for less than market value and less than what they would pay at a hotel. If you are traveling with a family or a group of more than two people, a timeshare is the way to go! If you're in a hotel, you're cramped, with barely enough space to walk around, and your options are limited. With a timeshare you get a full condominium unit, with separate bedrooms, a central living room and a kitchen. With a timeshare Mom and Dad can put the kids to sleep in one room, and continue to enjoy their time together in another room. And in the morning, instead of spending $100 on a breakfast out, you can take advantage of the full kitchens with dining areas. Also, most units come equipped with washer and dryers. Many of the timeshare resorts offer activities for the kids along with all of the other amenities that you would find at a 5 star hotel resort. Timesharing is truly the way to go!

MyTimeshareConnection.com is a website that connects vacationers with timeshare owners that want to find a timeshare for rent.

So whether you are looking for a vacation rental or you are looking to rent your timeshare, MyTimeshareConnection.com is your answer.

Buying a Timeshare 101

Timeshare and Vaction Ownership Information

Vacation ownership offers consumers the opportunity to own fully-furnished vacation accommodations sold in a variety of forms, such as weekly intervals and Points -based systems, for only a percentage of the cost of full ownership. For a one-time purchase price and payment of a yearly maintenance fee , purchasers own their vacation either in perpetuity or for a predetermined number of years. Owners share both the use and the cost of upkeep of their unit and the common grounds of the resort property. Vacation ownership purchases are typically financed by consumer loans of five to ten years, with terms dependent upon the purchase price and the amount of the buyer's down payment.

The Advantages of Timeshare and Vacation Ownership

Unlike a hotel room or rental cottage, which require payment for each use with rates that usually increase each year, Ownership at a timeshare property enables vacationers to enjoy a resort, year after year, for the lifetime of their ownership with only a one-time purchase price and payment of yearly maintenance fees . Timeshare ownership offers vacationers an opportunity to save on the escalating cost of vacation accommodations over the long term while enjoying all the comforts of home in a resort setting.

Truly a home away from home, vacation ownership provides the space and flexibility to suit the needs of any size family or group. While most vacation ownership condominiums have two bedrooms and two baths, unit sizes range from studios to 3 or more bedrooms. Unlike hotel rooms, there are no charges for additional guests. Also, unlike hotels, most units include a fully-equipped kitchen with dining area, washer and dryer, linens, stereo, televisions, DVD players and more.

Timeshare resort amenities rival those of other top-rated resort properties and may include swimming pools, tennis, Jacuzzi, golf, bicycles, and exercise facilities. Others feature boating, ski lifts, restaurants, and horseback riding. Most timeshare resorts offer a full schedule of on-site activities, such as sporting, recreational, and social events for adults and children. The resorts are staffed with well-trained hospitality professionals, with many resorts offering concierge services for assistance with visiting area attractions.

How Timeshare and Vacation Ownership Works

Each condominium, or unit, of a vacation ownership resort or Selling or Renting your timeshare is divided into intervals, either by the week or points equivalent, which are sold separately. The condominiums are priced according to a variety of factors, including size of the unit, resort amenities, location, and season. With timeshare, owning your vacation is considered a major benefit. Once a majority or other pre-set percentage is sold to vacation owners, the management of the resort is usually turned over to a Selling or Renting your Resort Property Owners Association (POA) or Homeowners Association (HOA) . The vacation owners in turn elect officers and take control of expenses, upkeep, and the future of their resort property, including the selection of a management company.

What Are Yearly Maintenance Fees?

Yearly maintenance fees are fees paid each year to a HOA for the maintenance of the resort. Just like taking care of a home, resort maintenance fees help maintain the quality and future value of the resort property. In a vacation ownership resort, maintenance costs are shared by all owners. They pay for on-site management, unit upkeep and refurbishing, utilities, and maintenance of the resort's common areas and amenities, such as pools, tennis courts, and golf courses. Just like residential condominium owners, after management has been turned over to vacation owners, they determine the fees through their HOA Board of Directors. The amount of the yearly maintenance fee typically depends on the size, location, and amenities of the resort. Maintenance fees are assessed and paid annually by each vacation owner.

There are a Variety of Timeshare or Vacation Ownership Products and Usage Plans.

Today, there are several types of timeshare programs from which to choose, enabling consumers to purchase the type of vacation ownership that best matches their needs and lifestyle.

Timesharing or Vacation ownership is a term which describes a method of use and ownership. It denotes exclusive use of accommodations for a particular number of days each year. Usually sold by the week, it is also called interval or vacation ownership .

The purchase of a timeshare interval can take various legal forms. Under a fixed-week , deeded agreement, the purchaser receives a fixed-week allowing the use of a specific condominium at a particular time every year, forever, just like buying a house. Benefits may include the tax advantages of ownership, plus a voice in the management of the resort. Under this agreement, the owner may rent, sell, exchange, or bequeath the vacation interval.

Under a right-to-use plan, ownership of the resort remains with the developer. The purchaser reserves the right-to-use one or more resort accommodations for a specified number of years, ranging generally from 10 to 50 years, after which all rights return to the developer. These plans come in a variety of forms, most commonly known as club membership.

Vacation intervals are sold as either fixed or floating time. With fixed time, the unit, or unit type, is purchased for a specific week during the year. That week is reserved for the owner every year, subject to cancellation if the vacation owner does not plan to use it in a given year. Floating time refers to the use of vacation accommodations usually within a certain season of the year. The owner must reserve his or her desired vacation time in advance, with a reservation confirmation typically provided on a first-come, first-served basis. The purchaser may also receive a deed under a floating time arrangement. Within floating time, price differences are based on demand within each season.

Vacation clubs or point-based programs provide the flexible use of accommodations in multiple resort locations. With these products, club members purchase points which represent either a travel and use membership, or a deeded real estate product. These points are then used like currency to access the various size accommodations, season , and number of days at the participating resort. The number of Points needed to access the resort accommodations will vary by the members' demand for unit size, season , resort location, and amenities. A vacation club may have a specific term of ownership or be deeded in perpetuity.

Fractional ownership enables consumers to purchase a large share of a vacation ownership unit usually from 5 to 26 weeks. This type of ownership is popular in ski, beach and Island resort areas.

"Lock-off " or "Lock-off " units allow vacation owners to occupy a portion of the unit and offer the remaining space for rental or exchange. The units typically consist of two bedrooms and two baths, or three bedrooms and three baths.

Split weeks are popular with consumers who prefer shorter vacations, as the owner may split use of the interval into two separate visits to the resort, such as one 3-night and one 4-night stay at two different times of the year. Reservations are usually granted on a first-come, first-serve basis, and are based on availability.

Biennial Ownership , or alternate year ownership, allows use of a resort ownership product every other year and cost less than annual ownership at comparable resorts.

Seeing the World through Exchange Vacations

Vacation Ownership offers unparalleled flexibility and the opportunity for affordable worldwide travel through vacation ownership exchange . Through the international vacation exchange networks , owners can trade their timeshare interval for vacation time at comparable resorts around the world.

How vacation or timeshare exchange works

Most resorts are affiliated with an exchange company that administers the exchange service for its members. The two most popular are RCI or I.I. Typically, the exchange company will directly solicit annual membership. Owners individually elect to become members of the affiliated exchange company . To exchange , the owner places his or her interval into the exchange company's pool of resorts and weeks available for exchange, and in turn chooses an available resort and week from that pool. The exchange companies charge an exchange fee , in addition to an annual membership fee , to complete an exchange . Exchange companies and resorts frequently offer their members the additional benefit of saving or banking vacation time in a reserve program for use in a different year.

Important Vacation Ownership or Timeshare Purchasing Tips

A Vacation Ownership or Timeshare purchase is a significant commitment, not only financially, but also in terms of future vacations. You should be sure that the resort or club in which you purchase an interest will provide many pleasant vacations for years to come, and can evolve with your lifestyle. Here are some important tips to consider when making a purchase.

Buy to Use:

Buy because you plan to use the vacation ownership product in the future. Consider your vacation ownership purchase as an investment for future vacations, not in terms of an investment for financial profit.

Choose a vacation that fits your lifestyle:

Think carefully about what you value most in a vacation and travel experience, then explore the wide variety of vacation ownership products and options available and choose those which best suit your needs. In addition to visiting a resort and talking to industry professionals, a friend or relative who owns a timeshare may be a great resource as you gather information about the timeshare experience.

Visit a Timeshare resort on your next Vacation:

Take a tour of a local resort. While there, talk to existing owners about their ownership experiences at the resort. Many resorts offer mini-vacations which provide opportunities to experience the resort first-hand.

Look for signs of good management:

Look for things such as well-maintained facilities and resort amenities, good housekeeping, and friendly service.

Verify the resort is in an Exchange Company:

Check to see who the resort affiliation is with and learn about the resort's exchange policies and member benefits.

If you are primarily purchasing for exchange benefits:

Provided you are looking to only use the Villa purchased for trade, buy the largest unit in the most popular season, or largest points package you can afford, as this will provide greater exchange potential.

How to Buy a Timeshare or Vacation Ownership

It's simple! Go to www.MyTimeshareConnection.com and follow the links to Buy or Rent a Timeshare. Just locate the timeshare you are interested in and click on the "Email Owner" link and you will contact the Owner directly to make an offer.