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Buying Timeshare Resale Vs Buying from Timeshare Resort
It can be confusing for a starter to decide from where to buy his fi
rst timeshare from resale market or directly from timeshare resort o
r developer. It can be a hard decision to make with both having its
own advantages and disadvantages. Buying timeshares in the resale ma
rket like auction websites or advertising through classifieds is a r
ecent concept compared to buying from developers which has been ther
e since its inception. Internet has brought everything to the doorst
eps of the people and thus benefiting the timeshare market also. Web
sites such as eBay.com, bidshare.com and redweek.com provide prospec
tive buyers with more information on the property and also wide vari
ety of buying options.
The scenario was totally different a decade ago when the buyers used
to buy timeshares through timeshare presentations hosted by timesha
re developers. The decisions taken to buy timeshares were mostly bas
ed on one’s impulse rather than research and analysis. But with the
advent of internet auction sites a user has more powerful tools to r
esearch the prices in advance even if he is going to a presentation.
The buyer can make a more informed choice today than earlier. Buyer
s can also avoid the trauma of sitting through a timeshare presentat
ion by buying through resale market. The presentations sometimes tak
e ninety minutes and can go even longer. At the end of the presentat
ion the buyers who were brought in on the pretext of a free gift are
subjected to high pressure selling techniques, and this yield to si
gn a paper and buy a timeshare.
Now talking about the cost comparison, a developer’s timeshare offer
includes the cost of advertisement, presentation, free gifts etc. w
hich is whopping 40% of the cost of the timeshare and sometimes this
exceeds the cost of the timeshare resale. On the other hand if one
buys a timeshare through a resale market one can buy the timeshare 3
0% to 50% cheaper. Also buying through a res