Tuesday, August 6, 2013

What is a resale? information for buying a timeshare or selling your timeshare resale

What is a resale?

A resale is a timeshare bought second owned. The original buyer, would have bought from the developer at a premium, is selling for one reason or another.

If you buy new, freshly built and with the painting still wet from the developer you are going to be paying a hefty premium. Marketing costs for timeshare resorts can equate to nearly 50 % of the purchase price.

It's like if you buy a new Mercedes, you drive it off the forecourt and you've lost money if you want to resell it. 

A resales price can vary, dependant on resort and length left of ownership but generally you will save approx 50 % and up. (usually the marketing costs).

There are exceptions when the resort is in High demand and retains its value.

from www.welovetimeshare.com

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