Timeshare Rental Market – Rent A Timeshare For Your Vacation

According to Timeshares Daily, American currently own 1.5 million timeshares across the globe, and over half (870,000 units) are available as timeshare resales.

The sheer oversupply of timeshare units in the market stifles any ability for individual owners to resell their timeshares.  Day-to-day demand for shared vacation property tends to be rather low as well.  The combination causes many sleepless nights for owners who wish to sell and sell fast.

This is why Timeshare Relief advocates that Friends Don’t Let Friends Buy Timeshares.  Getting in is easy, but getting out is near impossible going it alone.

Many owners quickly think of renting their units instead of selling.  While it sounds like a good idea, the same forces that prevent resales also create a hyper-competitive timeshare rental market.  This is good for people looking to rent.  There are deals-a-plenty to four- and five-star timeshare resorts where owners rent for less than their annual maintenance fees just to make sure they get back some return for the year.

Before renting from a company or individual, be sure to do your due diligence as best you can.  It’s one thing to gather facts before your vacation rather than at the front desk of the resorts thousands of miles from home.

It’s a great way to save money on lodging especially if you have larger groups.  Most of the units have kitchens and larger suites.  Just be sure not to be coerced into attending the timeshare presentation while you are there.  It’ll be worse saying “No” while in the room.

Get Rid of My Timeshare Seminar Series Continues in 5 States

Timeshare Relief is continuing its commitment to meet timeshare owners face-to-face at its free “Get Rid of My Timeshare” seminars to educate them on the reality of the timeshare resale market.  The success of the program has raised the ire of timeshare salespeople and some resort staff by revealing some little known facts and techniques used to extract as much revenue from timeshare owners as possible.  Documentation from well-known media outlets, print publications and governmental agencies will support the claims made during the presentation.  The seminars are being held this weekend March 20 to 23, 2009 in five states – Illinois, New York, Pennsylvania, Washington and Wisconsin.