Vacation Consulting Services January Blog
You buy a timeshare with the best of intentions. No more renting hotel rooms for a vacation when you have a timeshare! You may even choose to go away for the weekend more frequently throughout the year since you now own a timeshare. However, your feelings may not always remain the same. Here is why:
- The timeshare no longer suits your lifestyle. Maybe you do not have time to vacation as much as you did when you first got your timeshare. Perhaps you do have the opportunity to vacation more, but your timeshare is rarely available when you want it to be. You might even decide you would rather have a place of your own to get away and relax.
- The fees outweigh the benefits. Whether you use your timeshare or not, you still have to pay the property’s maintenance fees. If there is a mortgage involved with your timeshare, then you are responsible for that fee too regardless of usage.
- These are just a few of the reasons you may want to say “Good riddance!” to your timeshare. Since doing this can be tricky, we are here to guide you through it. Just reach out to us at the link below for any questions you may have, and to get started!
Our purpose is to enable individuals to manage their vacation portfolio and maximize their investment by resolving problems, educating and finding solutions. We consult with our customers, provide tailor-made services by brokering with respected companies that specialize in areas of need. By not having an allegiance to one company, we are freed up to use any company and give our clients every option at their disposal.
Vacation Consulting Services takes a hands-on approach for our clients. We are an active participant in your experience. We believe timeshare can be a great value if used correctly, but that takes knowledge of how the industry works. Our consultants have worked for some of the largest timeshare companies in the world.
As we worked in the industry, it became abundantly clear to us that timeshare had one very large issue: Lack of Education.
Where do owners go for a clear understanding? They attend an “hour and a half” long presentation that lasts 17 hours and they are inundated with information. In fairness it is a hard system to explain and anyone would be lucky to remember 10%. Usually, owners go back to their original company and ask for help, but most timeshare companies don't have a customer service agent at the resorts so they send them on another sales presentation, where they are only getting a limited point of view.
Timeshare started in the US in 1966. Keeping up with this ever-changing industry is not something most owners want to deal with, which unfortunately, can drastically affect their ownership.
These are all questions that Vacation Consulting Services answers everyday.
We have discovered a need and it’s a need the industry should embrace because an educated owner is a happy owner.
Let us help you maximize your value because planning a vacation shouldn’t cause you to need a vacation.
Mortgage Relief: $100,000
A couple from Tulsa, OK owned three time-shares with three of the largest companies in the industry. They were in their 80’s and never used them. Their children didn’t want the burden, and their monthly fees including maintenance fees were over $10,000 a year. VCS was able to relieve them of their debt!
Wyndham Relief: Saving $2,750 a year on Maintenance Fees
A couple in Ruston, LA owned over 1,000,000 points with Wyndham. Just like many Wyndham owners, they over purchased and were left with more points than they could use each year. They weren’t sure if their children could afford the $5,900 annual maintenance fee. The Wyndham Relief program guaranteed them $2,750 annually for maintenance fees and still allowed them to travel three times a year.
Equity Trade: Trade into the Pure Points System, no Maintenance Fees
A couple in Milwaukee, WI had 4 fixed/floating weeks at various resorts totaling $2,900 in maintenance fees annually. They still wanted to travel, but didn’t want the financial burden each year. VCS used their equity to trade into the Pure Points system with no maintenance fees. Relieving them of deeded timeshare took away the burden now and in the future.