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Ambassador
4,200,499
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Sorry, I don't know of any advantages - I would not purchase one, nor would I go into that line of business.

Feb 26, 2019 08:31 AM
Rainmaker
5,524,023
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

We would not recommend buying a time share. A

Feb 26, 2019 07:16 AM
Rainmaker
377,960
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

I once owned a timeshare, and despite the negative perception it worked out quite well for us.
The important thing to understand about time shares is that with most timeshares you are not purchasing real property only a right to occupy.

However the timeshare that I purchased were actually deeded to me. For each week I owned 1/52 of whole. Since the property was owned by individuals we had much greater control over the operation.
I owned it for more than 10 years and eventually sold it a a profit. Almost unheard of in the world of timeshares.
It is like anything else. Before you buy you must know what you are buying.

Feb 26, 2019 08:22 AM
Rainmaker
1,380,173
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Never seen an advantage.  At least in the older style.  With the newer ones that give flexible dates and locations, maybe.... but what if you want to vacation in a place without a timeshare from your company?

 

Plus they are a pain to get out of.

Feb 26, 2019 07:32 AM
Ambassador
5,357,172
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hey Kate, are you a student in Utah?

There is no advantage to owning these little scams.

Feb 26, 2019 06:57 AM
Rainmaker
507,733
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I have never purchased a time share but I know a couple friends having a hard time getting rid of it.

Feb 26, 2019 01:51 PM
Rainmaker
1,866,205
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

 No advantage

100% disadvantages 

Feb 26, 2019 01:39 PM
Rainmaker
4,052,960
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I know nothing about them and have no interest in them. Sorry. I've always thought they were a bit "scammy."

Feb 26, 2019 11:07 AM
Rainmaker
5,571,310
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

never participated in time-share..... never will...

Feb 26, 2019 08:07 AM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Buyer Beware!

                      Beware

Feb 26, 2019 07:26 AM
Rainmaker
955,511
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

That is an excellent question to ask the time share sales rep during their presentation. Why don't you blog about what you learn so we know?

Feb 26, 2019 11:23 AM
Rainmaker
679,618
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Cost Savings (advantages) & Restrictions (disadvantages) 

Feb 26, 2019 09:33 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Fior me there are no advantages.

Feb 26, 2019 07:24 AM
Rainmaker
696,092
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I don't own one and not interested in owning one. I would think the advatages would be it is cheaper to own, travel to any part of the world, never going to the same place unless you wanted to. Disadvantages would be you can't go anytime you want you have to book your time and only have a certain amount of time to use. Make sure you read the fine print!!!

Feb 26, 2019 05:25 PM
Rainmaker
6,539,514
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Try to sell one and you will learn a lot.

Feb 26, 2019 02:23 PM
Ambassador
3,036,752
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Not anything I am involved with. 

Feb 26, 2019 09:51 AM
Rainmaker
468,799
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

To me the advantage, more like a benefit, is that it does show that someone made a financial commitment to unplug from their regular routine and go away to spend some quality time whether on their own or with family. Also many allow one to go to several different areas that are in their network so you don't have to go to the same place every year. The main con is that are frequently very difficult to get out of.

In my opinion the advantages have to do with quality of life, the disadvantages are typically financial or money related.

Feb 26, 2019 09:01 AM
Rainmaker
2,020,150
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You are stuck with them

Feb 26, 2019 05:50 PM
Rainer
313,588
Caroline Gerardo
Sun West Mortgage Corporation - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Disadvantage- fees always increase, location may go into disrepair, location maybe not available, CAN'T sell them to any fool, the bill is stuck on your credit even if you file BK, expensive, restrictive

Advantages: none

Feb 26, 2019 03:22 PM
Rainmaker
660,007
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

I've never owned one and probably never will. I don't see any advantages at all.

Feb 26, 2019 02:54 PM
Rainmaker
439,515
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Big negative is the high pressure sales presentations and can not think of any positives.

Feb 26, 2019 02:06 PM
Rainmaker
70,584
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

Stay away Kate...;)

Feb 26, 2019 11:46 AM
Rainmaker
894,802
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I use my Maui timeshare. 

Feb 26, 2019 11:25 AM
Rainmaker
3,994,456
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have not idea

Feb 26, 2019 11:09 AM
Rainmaker
1,149,009
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

rip off/

Feb 26, 2019 10:58 AM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I personally have not seen any advantages

Mar 04, 2019 06:26 PM
Rainmaker
4,882,162
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I don't work in that arena.

Mar 03, 2019 09:49 AM
Rainmaker
3,966,917
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I do not know of any advantages.

 

Mar 02, 2019 09:55 AM
Rainmaker
1,571,873
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

I know of one person who bought a timeshare in the area they lived. The reason was they could use the facilities (gym/pool) anytime.  It was cheaper than a gym membership and they could rent their week out.  As for me, I would skip the timeshare, pay or the gym and sleep at night!

Feb 28, 2019 03:55 AM
Rainmaker
1,212,146
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Real Estate LLC - Coast & Luxury

Sorry but I do not know. Not my area of expertise. 

Feb 27, 2019 05:13 PM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It's cheap to get in.

It can be expensive to maintain and extremely difficult to sell.

Feb 27, 2019 07:23 AM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Sorry, I don't know as I have never owned a time share.

Feb 27, 2019 05:42 AM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea. 

Btw good luck in achieving your goals on active rain 

Feb 26, 2019 04:59 PM