Timeshares, Vacation clubs, and Fractional ownership

Here is a blog I found interesting . You get what you pay for! Or do you?

The timeshare industry has some challenges. Timeshare is now a sleazy word, mostly due to sky-rocketing maintenance fees and deteriorating properties among the plurality of the market.

But when timeshares started, they were an innovation – a way for owner/operator/developer/investors to get sales and cash flow for properties that might otherwise have been challenging to sell or rent at anywhere near the pricing they received via timeshares. And for early adopters of timeshares, they were often a great deal on a vacation spot at a much lower cost than hotels.

Timeshares started with 52 fixed weeks, and when you bought a timeshare, you received a certain week every year – say, week 35.

The next innovation in timeshares was the float… you could move your timeshare to different weeks.

Then, the location of your timeshare also became movable, through RCI. You could exchange your week in Florida for a week in…

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