Timeshare Broker Beat

We’ve gotten a few requests for more information about Interval International’s newest product, Club Interval Gold.

Every year, the American Resort Developers Association (ARDA) holds a World Convention focusing on the vacation ownership and timeshare industry.

This year, the 2012 American Resort Development Association (ARDA) World Convention and Exposition ran from April 1-5, and focused on global vacation ownership issues, with an "international theme" present throughout all educational forums and workshops.

Selling your timeshare can be a tricky business. Unfortunately, unprepared sellers too often fall victim to timeshare scams or ineffective marketing schemes. Many sellers find themselves in difficult financial situations and, out of desperation, make rash decisions without proper research. Others simply don’t know the warning-signs. So, what’s the number one mistake timeshare sellers make, and how can you protect yourself?

Paying an upfront fee is the number one mistake timeshare sellers make. Whether a company is selling you ad-space on their “highly visible” website, or promising to close the sale for a “ready and waiting” buyer – it’s rarely worth taking the risk to pay upfront for services.

Timeshare Broker Sales is a proud member of the Licensed Timeshare Resale Brokers Association. This morning, the Today Show recommended the LTRBA as a safe and reliable resource for selling your timeshare! Start the video at Minute 3:32 if you’re pressed for time.

Check out the video entitled How to Get Rid of Unwanted Timeshares

Will your timeshare save you even more this year? According to MSNBC, ConTech Construction and Travel & Leisure, 2012 may be the year of the timeshare makeover. Restoration projects by ConTech Construction are set to save owners at the Royal Floridian Resort in Ormond Beach, FL thousands in maintenance fees. The project was so successful, it was named the 2011 “Project of the Year” by the International Concrete Repair Institute; the first time a timeshare has ever won this award.

Perspective Magazine reports:
Since the renovation, the resort’s rental revenues have experienced a 22 percent increase generating $52,000 over budgeted revenues. The electricity consumption has decreased by 25 percent, corresponding to $40,000 savings in only 9-months. The association hospitality expenses (guest compensation for problems related to the resort amenities) have decreased by 50 percent compared to 2009.  Maintenance payroll also decreased by 24%, due to fewer problems and service calls from guests. Read the full article here.

Fractional ownership, or shared ownership property, is fast becoming one of the most popular options in the vacation ownership industry. As the industry continues to grow, niche markets are beginning to emerge – forever changing the shape of the fractional model. Last fall, industry leaders gathered at the Fractional Summit USA to make some bold predictions for the future of frationals.

According to an article on RCIventures.com, consumers can expect to see some major changes to the traditional fractional model, most of which result in increased flexibility and affordability for the buyer or renter. Some major predictions about the future of fractional ownership included: