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(#11) Be Sure to Optimize "Red Time"
In timeshare lingo, “red time” is the terminology used to designate high demand time. For instance, a place like Hawaii is "red" all year round because it's always in demand. While having a week in Hawaii in January will still be more valuable than having a week in North Dakota in July, you should try your best to acquire a timeshare during "red time." That way, you can trade your timeshare more easily!
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(#7) Travel Costs Aren't Factored in When Making Comparisons
When meeting with a timeshare rep, they'll usually try to sell you on how much of a "great deal" timeshares are by factoring in travel costs of your current vacation. However, the reps conveniently forget to include travel costs when calculating the cost of your future timeshare. Pay attention to their calculations, because you might think you're saving when you're not.
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(#10) The Salespeople Will Show You the Best Room During the Sales Pitch
While the sales reps may show you the best on a tour, they'll actually sell you the rest when you choose to buy! It's no coincidence that you toured the oceanfront villa, but ended up getting the unit that looks out on the parking lot. Make sure to look at a variety of rooms, or at least make it clear that you're willing to pay for what you've been shown.
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(#3) Timeshare Reps Use Tricky Wording to Convince You
Similar to used car salesmen, timeshare reps have a lot of tricks up their sleeves. Though nowadays they're discouraged from telling prospective buyers outright that timeshares are quality investments, they use subtle wording during their sales pitches to make you think that purchasing a timeshare is a good financial move. Using phrases like "life-quality investment" subconsciously tricks buyers into handing over their cash.
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(#5) Trading Timeshares Isn't as Easy as the Reps Make It Out to Be
During a sales pitch with a timeshare rep, they'll make it sound like it will be a walk in the park to trade your timeshare unit with other properties around the world. However, it's actually a lot easier said than done; you usually have to pay extra fees to make a trade happen, and, more often than not, a trade isn't possible at all.
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(#14) There Are a Lot of Unreliable Factors That Can Depreciate the Value of Your Timeshare
Believe it or not, the real estate market can actually turn owning a timeshare into a nightmare. While you may have had hopes of selling your timeshare at a profit, a million variables can depreciate the value of your timeshare. Whether it's the political landscape, weather, natural disasters, or what have you, you can never truly predict if your timeshare will be worth it in a couple years.
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About This Tool
Timeshare is one of the very common sales models in hotels or resorts. They sell the right to use a guest room or a tourist apartment to customers in a one-time membership system for a period of 10 to 40 years or even longer. Members get the right to stay in a hotel or resort for one week each year, and customers also enjoy a series of rights and interests such as the transfer, gift, and inheritance of time period rights.
Timeshare is a new business model that perfectly combines the real estate industry, hotel industry, and tourism industry. There are many types of timeshare hotels currently on the market, fully understand and choose the most suitable timeshare product will make it the value for money. It is a good time to know more information about timeshare here that the salesman would not tell you.
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