What Is a Timeshare and How Does It Work?

A timeshare is a vacation property arrangement that lets you share the property cost with other “owners” in order to guarantee time at the property. Some agreements last a lifetime, while others last a certain number of years. Either way, becoming a timeshare owner isn’t all it’s cracked up to be. And just so you know, being a timeshare owner doesn’t actually mean you own anything . . . except an obligation.

Timeshare ownership boils down to one big, expensive headache. That headache comes in the form of yearly maintenance fees, incidental costs, interest and making sure you book those vacation dates before someone else does.

Are you thinking about selling your week, but you don't know a realistic asking price? Are you thinking about purchasing a week, but you don't know what price to offer? Do you want to donate or give away your week and need to know the amount for a tax write-off? The best way to get a VALUE for a timeshare is through a Comparative Market Analysis. A Comparative Market Analysis will estimate the value by comparing the timeshare to other similar timeshares that have sold on the resale market.