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Ambassador
3,841,585
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

The only advantages that I know of are to the people selling them.

Feb 07, 2019 10:31 PM
Rainmaker
755,426
Diana Zaccaro
Tropical Realty Beachside brokered by eXp - Cocoa Beach, FL
Your Brevard County, Florida coastal connection!

That could vary by state so best to read the fine print in the contract and discuss with your instructor. Most agents here don't do timeshares so I'm not able to give you a specific answer.

Bob Crane gave you a good, general answer.

Feb 07, 2019 11:44 PM
Rainmaker
685,136
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I no longer see any advantages of timeshare vacationing

Feb 08, 2019 07:31 AM
Rainmaker
2,815,188
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I am sure there are multiple articles on this subject on the web. I know little and care less about time-share ownership.,,, personally and professionally.  At the end of the day, this is the stuff of entire blog posts. I suggest you do some research on your own and write a post about the advantages and disadvantages... you'll learn soooo much more that way.

Feb 08, 2019 03:43 AM
Rainmaker
873,140
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

No advantages

Lots of disadvantages 

Good luck with your studies. 

Feb 08, 2019 07:27 AM
Ambassador
1,561,585
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Exit strategy is complicated.

Feb 08, 2019 05:42 AM
Rainmaker
384,871
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

They are great for people who like to vacation, have flexable schedules and the cost is not a factor. If you are retired and like to travel you can exchange your time in one place for time in another place all over the world and in some amazing resorts. The downside is they are next to impossible to sell.

Feb 08, 2019 04:47 AM
Rainmaker
317,130
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

New one is very expansive and hard to sell it.  

Feb 08, 2019 08:30 AM
Ambassador
3,007,948
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I know of no advantages and have never dealt with them, buying them or selling them.

Feb 08, 2019 07:55 AM
Rainmaker
1,208,778
Carol Williams
U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business. - Wenatchee, WA
"Customized Mentoring & Marketing Services"

Timeshares are like politicians.  They may seem like a good idea but they always disappoint and you can't get rid of them.

Feb 08, 2019 07:30 AM
Rainmaker
1,475,791
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Advantages - None for the buyer, a commission for the seller. Disadvantages - endless drain on finances for the buyer, none for the seller.

Feb 08, 2019 06:06 AM
Rainmaker
5,073,055
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Trying to sell one to get out of the continuing obligations is a major issue.

 

Feb 08, 2019 05:44 AM
Rainmaker
1,469,337
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

There is a very narrow band of people that time share works for Andrew Cooper . Those who I knew that it worked for used the system well. They key is knowing the system. My mom was a happy user because she did a lot of planning in trading weeks with others. She owned a timeshare up North here with her week being in the dead of winter. It was easy for her to put it up for trade and get bargins around the country because no one ever wanted her week when the typical temp here was sub-zero.

Feb 08, 2019 08:15 AM
Rainmaker
4,144,160
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Andrew,

Exactly what Bob Crane stated. A

Feb 08, 2019 07:38 AM
Rainmaker
364,389
Dan Pittsenbarger
Keller Williams - Bellingham, WA
Improving Conditions

Advantage - one has made a commitment to go on vacation which may improve their chances of actually going on an annual vacation and if not they have a cool place to let a friend or family member use. Con - expense and trying to get out of them once one realizes their not using it and they are tired of the financial drain.

Feb 08, 2019 06:54 AM
Rainmaker
2,874,146
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

The disadvanatage is the yearly maintenance fee. The cost can go u an become more than just renting there, 

Feb 08, 2019 04:51 AM
Rainmaker
3,027,263
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Generally speaking it is supposed to be less costly than true ownership because you only buy a fraction of time during a given period of time sharing ownership with others.

The ones that make all the money are the promoters!

Feb 08, 2019 04:10 AM
Rainmaker
501,027
Peter Mohylsky, SoWal Expert
Gulf Place @ 30A - Santa Rosa Beach, FL
Let me help you find your path to the beach.

I think you know the answers better than most of us who not deal in them.  Financing is the biggest disadvantage I know of.

Feb 08, 2019 02:52 AM
Rainmaker
1,792,765
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You’ll get stuck with a near unsalable asset

Feb 08, 2019 10:30 AM
Rainmaker
610,543
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I own a timeshare and I vacation there yearly. I love it! No investment potential. I could not sell it for what I paid for it over 10 years ago. Just a guaranteed access to a great vacation spot. Also good for trading to go elsewhere.

Could you do the same thing without timeshare ownership? Yes,you could.

Feb 08, 2019 08:13 AM
Rainmaker
2,750,733
Richard Weeks
Dallas, TX
REALTOR®, Broker

none

many

Feb 08, 2019 05:03 AM
Rainmaker
4,702,494
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

I've never participated with time-share properties....

Feb 08, 2019 05:01 AM
Rainmaker
718,196
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It's easier to buy and sell a $50,000 timeshare than a $400,000 sfh.

Feb 08, 2019 04:50 AM
Rainer
223,677
Libby Cousins
Extraordinary Processing - Spokane, WA
Contract Mortgage Processor, licensed in WA

HUGE disadvantage: They are a bear to get rid of!

Feb 08, 2019 07:50 PM
Rainmaker
2,721,125
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I wish you all the best with your studies. 

Feb 08, 2019 05:54 PM
Rainer
207,449
Caroline Gerardo
CMG Financial - Newport Beach, CA
C. G. Barbeau the Loan Lady

Expensive, you can't get the reservation date you were promised, the building gets moldy and the services promised dry up, you are more than married to this usury debt - you can't even file bankruptcy to get rid of them, no one will buy your time share after you did because now it is worth five cents on the dollar you paid, they go bankrupt BUT you still owe the money until the cows come home or you die,    now let me thing of the advantages- they offer a free night and steak meal to hear their high pressure sales pitch, but they took away your driver's license and won't give it back until you sign up

Feb 08, 2019 04:18 PM
Rainmaker
1,178,787
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Google it, plenty of info there.

Feb 08, 2019 08:35 AM
Rainmaker
4,751,389
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Cheap and easy to get in, difficult to sell.

Feb 08, 2019 07:40 AM
Rainmaker
4,410,567
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea.

Feb 08, 2019 05:33 AM
Rainmaker
3,931,250
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We don't have any in Denver.

Feb 13, 2019 06:54 AM
Rainmaker
1,062,236
Joyce Marsh, Luxury Market Specialist
JOYCE MARSH REAL ESTATE COMPANY - Daytona Beach, FL
Million Dollar Guild, CLHMS, CNE, SRES

More disadvantages than advantages. Best to research on your own and good luck with your real estate exam 

Feb 11, 2019 05:18 AM
Rainmaker
3,937,750
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No advantage in my book

Feb 09, 2019 09:03 PM
Rainmaker
2,931,453
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

No advantage are owning one because you can not sell them once you have it.

 

Feb 09, 2019 11:41 AM