Barbara Corcoran, a real-estate authority, spoke on timeshare resales in an interview on NBC's The Today Show. According to her, timeshares claim some unique characteristics when compared to the rest of the real-estate business. Selling a timeshare is similar to selling a car.  It involves giving away discounted vacations and free gifts to promote the sale to a single buyer. This can result in a rise in the selling price. Most real-estate is not like this.  It's strange, but not necessarily bad.  Even if the initial cost is inflated,  subsequent years are locked-in at the same price.  Large families can avoid the added expense of booking multiple hotel rooms, restaurant prices are eliminated by units with kitchens and dining areas, and the overpriced entertainment whiling vacationing is decreased by owners using the extra activities and facilities provided by the different resorts.

The best place to buy, sell, or rent a timeshare is online.  Still, sellers ought to be wary, selling does not happen overnight.  Timeshares at an older resort or at a less-popular vacation spot will take longer, as will timeshares being sold in the off-season. Potential buyers should also realize that a timeshare is not a financial investment. To go back to the analogy of selling a car, the value of a timeshare depreciates over time and nearly always sells for less than the original purchase price.

Owners of timeshares will tell you that the benefits of timeshare ownership is not necessarily monetary, but instead, it makes planning a vacation infinitely easier.  Ownership also encourages  annual weekly vacations for relaxation—usually necessary with the rest of the year dedicated to a career.  Timeshares aren't your typical real-estate purchase, but they do come with some beneficial lifestyle changes. For more information on how you could take advantage of purchasing our donated timehare properties at a below resale value, contact our marketing coordinator at estanley@idonate.com

Information taken from: Timeshares Daily Staff, “Real Estate Odd Duck is a Golden Goose Called Timeshare Resales”  Timeshares Daily. (www.timesharesdaily.com)