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Timeshare Rentals by Owner

Timeshare Rentals by Owner
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Timeshare rentals by owner are not something new, yet most travelers don’t know much about them. Find out what timeshare rentals are, seen from different perspectives.

With the travel industry growing up so fast, new ways to vacation have been appearing in the last years, and the idea of booking a regular hotel room is getting old fashioned. Nevertheless, times are changing, prices go up and the economy gets tough. In order to save more money, some vacationers come up with the idea of looking for timeshare rentals by owner. Even when timeshare rentals are not something new, a big number of tourists are unfamiliar with them.

On the other hand, the tough economy also hits timeshare owners, which are struggling to keep on paying the annual fees, therefore, one of the solutions they think about in order to solve the problem is the idea of renting their timeshare unit.

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 Timeshare Rentals by Owner

The idea of renting a timeshare is that you can stay at a luxury resort for an affordable rate. Timeshare rentals by owner are shared ownerships that owners rent to different vacationers, since they are not able to use the timeshare for themselves. This conception can be seen from different perspectives:

For the vacationer

As it was mentioned, timeshares for rent by owners offer an opportunity for vacationers to book a timeshare suite instead of a regular hotel room for about the same cost, but that is just the theory. The truth is that timeshare rentals can be very expensive, since you have to cover the annual expenses that the original owner has, such as maintenance fees, membership, assessment fees, among others. Many vacationers decide to rent a timeshare direct from the owner, being that timeshare resales and rental companies do not have a good reputation.

For the owner

If you are ready to list your timeshare for rent, be prepared to have a difficult time trying to do it. Timeshares are not very demand for rentals, and because of the bad reputation timeshare industry has, many people rather to stay away from them. On the other hand, you can always follow these tips:

  • Determine how much you should rent a week. That will depend on how much you pay for the timeshare each year.
  • List your timeshare on the local newspapers and on the internet. Try to list it on popular vacation forums and blogs.
  • Ask your timeshare company if they know of any realtors that rent out timeshare weeks.

Some resorts have a rental program, but you have to pay a, extra fee and the results are not always guaranteed. Sometimes you have to upgrade in order to be part of the rental program, which means you’ll have to pay out more money.

Timeshare Rental Companies

There are many timeshare rental companies that claim to rent your timeshare successfully within a certain period. Most of these companies are not trustable for both owners and vacationers, since the promises are huge and the results are poor.

What is more convenient?

If you are a vacationer, timeshare rentals by owner are an option you might consider, but it is not the best way to save money since the annual fees and the profit will be charged to you. However, you have to keep in mind that renting will be always better than buying.

If you are an owner, and you are trying different alternatives to get rid of your timeshare, renting your shared ownership will not solve your problem. Vacation packages are the biggest competition of timeshare rentals that is a tough industry to compete with. Vacation deals are much more demand than timeshare rentals.

timeshare rentals

What to do if rentals don’t work

Renting a timeshare is almost as difficult as selling it, for that and many other reasons; it is not the best solution to get rid of your timeshare.

If you are trapped in a timeshare you don’t want, the best solutions to dispose of your purchase is by cancelling the original contract. Timeshare cancellation should not cost any upfront fee, and once you cancel the contract, you will be able to enjoy a financial freedom and feel free to vacation wherever you want, whenever you want.

Contact MTS today for a totally free consultation on your timeshare matter and get ready to cut those frustrating strings attached to the resort.

Information to share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

  • Share this link http://www.timesharescam.com/blog/131-timeshare-rentals-by-owner/ on your favorite blogs and forums

 

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27 Comments
  • Jr. KallAugust 31, 2015, 1:16 am

    Is not a good idea at all , timeshare business is a very risky thing , if you re thinking to acquire a timeshare you must think about how you gonna pay the high maintenance fees, at my own experience the best thing you can do is to avoid all timeshare stuff , if you actually have one you can notice that if you waant to cell , cancel or get rid of is not an easy task..

  • YaneliOctober 20, 2014, 8:10 am

    Sometimes timeshares result to be scams, for that reason is important to kow how they really work.
    Maybe, for families who are used to travel a lot are good, but for families who only travel ocasionally are not good.
    If you want to buy a timeshare is important to inquire about them, because they aren't always what they appear.

  • RachelOctober 20, 2014, 8:04 am

    when times get tough, the fraudsters come out in force...if it's sounds too good to be true, it probably is...

  • JamesSeptember 22, 2014, 11:15 am

    Timeshares are a elatorate con game that suck people in in a “High Pressure” sales meeting tell you a bunch of lies in order to appeal to your desires. By the time the consumer figures out that they have been told nothing more that lies and misleading promises.

  • PacoJuly 18, 2014, 2:18 pm

    a mi me encantaria poder hacer esto, gracias por el articulo :D me encanto

  • KarinaJuly 7, 2014, 11:08 am

    si alguien es capas de hacerlo, es una buena opcion! el problema es que en mi experiencia creo que es algo muy muy dificil que suceda

  • ManuelMay 23, 2014, 3:37 pm

    antes de considerar contratar compañias de renta mejor llamen primero al hotel y que ellos los asesoren, a mi siempre me han ayudado

  • KarimeApril 17, 2014, 2:13 pm

    es una buena idea, ahorrarse un poco en agencias de venta :)

  • MariaApril 13, 2014, 8:12 pm

    estoy de acuerdo con muchos, no creo que sea lo mejor hacerlo por si mismo ya que esto involucra cosas legales, creo que lo mejor es buscar ayuda

  • 88hanmanApril 7, 2014, 7:42 am

    Timeshares cost so much because there are all that freebies given to people to come for presentation and seller's commission. They give u gift to attend but very persistent. But, people buy them because they get suckered in, or really have a need (like me with large family, it is cheaper using timeshare than multiple hotel rooms). It takes some long planning and know how to use the timeshare. It took me three years to start enjoy my purchase. If you can not plan ur vacation 3-6 months out and don't take much vacation, timeshare is really a waste of time and money, and great headache as the article points out.

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