Special offer
Fred Griffin Florida Real Estate, Licensed Florida Real Estate Broker (Fred Griffin Real Estate)

Spam prevention
Roy Kelley
Retired - Gaithersburg, MD

The con is trying to sell one to be released from the continuing obligations. 

Jan 30, 2020 05:53 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

I know people who love them and I also know people who could no longer afford the monthly fees and tried to sell - with no success.

They are next to impossible to get rid of once you sign on the dotted line and get past the 72-hour time-frame in which to rescind the Contract!

Jan 30, 2020 10:02 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Depends on if you own the property and want to operate it like one or you're thinking of buying one for your own use.

Please clarify.

My Dad ran a time share for years and my sister owns a time share membership for 20 years and loves it. 

Buying one read the fine print about service fees, maintenance fees and exit fees.

Jan 30, 2020 07:25 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Usually, the overpromise - undeliver factor comes into play as a high pressure sales team convinces you to that you need one and to buy one NOW! Maintenance and yearly fees can go up and you have no control over that. Just my personal experience Fred.

Jan 30, 2020 05:13 PM
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

They are perfect for those who like to travel and have flexible schedules. Just be sure to buy one that is in the upper tier and belongs to one of the top exchange networks like rci. Lower end timeshares won't belong to any. With a good exchange network you can trade your time for time somewhere else all over the world and some of the resorts are incredible. If you can't use your time this year you can bank it for future use. The downside is they are impossible to sell.

Jan 31, 2020 04:16 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

My Mom had three time shares and loved the whole concept of "banking" her time. She purchased the least desirable weeks and then would bank them for great spots she wanted to visit. She always ended up with both. One of the ones banked was close to home over the Christmas weekend and it made a great family weekend get-away Fred Griffin Tallahassee Real Estate 

Jan 30, 2020 06:53 PM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

They are identical to those who prefer to rent when buying is an option.

PRO:The option to change your mind or resond to circumstance without loss  is always at hand.

CON: One  exits the situation with the same pocket lint in which they entered.

Jan 31, 2020 06:19 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

No Pros. All CON(s)

You don't really own anything.

The maintenance fee is perpetual 

Next to impossible for you to sell

Trading is an artform


Jan 31, 2020 08:07 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Having or taking the "time to share" slows down making one look at the continued usefulness of keeping or disposing of the share. Not easy to do

Jan 31, 2020 06:35 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

There is no pros. Everyone I know tries to get out within the first 2 years & just chocks it up to a bad mistake. I often wonder if they get these people to sign on the dotted line in a bar after 3 drinks.

Jan 31, 2020 05:40 AM
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Timeshares are a bit like playing Blackjack where the dealer always wins. 

I have never owned one but, over the years, have had people contact me to ask if I could sell their timeshare. Since I don't handle them, I politely declined and shared some resources they could try.

I have had 2 out of state clients offer to give me their timeshares here on the beach free and clear, no strings attached. Of course, I did not accept but it's pretty bad when you can't even give them away.

There was a good discussion here a few weeks ago when a student asked a similar Q. One comment interested me because it stated that fractional ownership is a better way to go. I am not very familiar with that concept and went back to see who posted it to contact them for more info but the student who posted had deleted the Q. It might be worth investigating fractional ownership to see if that would be a viable alternative for your friend.



Jan 30, 2020 10:14 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Back in school Fred?


The only pro that I know is for the con-man who is selling them.

Jan 31, 2020 12:01 PM
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

I would suggest you go to the Timeshare User Group website.  Those are people who actually use timeshare.  They will give you more useful information than "No pros."

Those people use timeshare.  They will tell you the good and bad of the different types of ownership.  They will tell you which companies are good or bad.

Jan 31, 2020 04:10 PM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Pros are when you get rid of them. Con is they don't get used and fees continue to rise and you'r stuck paying forever or until the "pros" occur.

Jan 31, 2020 01:40 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am not an expert but will say I would not invest in timeshares.  

Jan 31, 2020 12:53 PM