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Ambassador
6,417,409
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - 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
1,092,947
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

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
1,201,477
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I no longer see any advantages of timeshare vacationing

Feb 08, 2019 07:31 AM
Rainmaker
556,536
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
5,112,471
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte 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
2,221,377
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
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Exit strategy is complicated.

Feb 08, 2019 05:42 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

New one is very expansive and hard to sell it.  

Feb 08, 2019 08:30 AM
Ambassador
5,254,035
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

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

Feb 08, 2019 07:55 AM
Ambassador
2,187,587
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

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
1,753,213
Mike Cooper, Broker VA,WV
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
7,863,162
Roy Kelley
Retired - Gaithersburg, MD

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

 

Feb 08, 2019 05:44 AM
Rainmaker
2,399,936
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

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
5,772,581
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
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

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
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area 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
5,238,990
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
1,206,250
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

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
2,191,798
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
1,322,984
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
4,900,966
Richard Weeks
Dallas, TX
REALTOR®, Broker

none

many

Feb 08, 2019 05:03 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

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

Feb 08, 2019 05:01 AM
Rainmaker
921,504
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
376,587
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
Ambassador
3,349,404
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I wish you all the best with your studies. 

Feb 08, 2019 05:54 PM
Rainer
420,003
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

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
1,506,013
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Google it, plenty of info there.

Feb 08, 2019 08:35 AM
Rainmaker
4,800,132
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
4,434,177
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
5,877,335
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
1,386,635
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

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
3,986,308
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
4,960,432
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