Timeshares have been very popular for the last several decades. Traditionally the owner invests around $16,000-$17,000 in exchange for spending one or two weeks per year at that property. Additionally the user spends at least $300 per year for annual maintenence fees. This expense can go as high as $900 or more each year. This expense must be paid no matter if it is used or not. The owner's week can be exchanged for a different week or location as long as a fee is paid to a Timeshare exchange company. Usually the exchange fee is $200 or more.
The following should help to explain why the demand of Timeshares has really been greatly reduced over the last number of years. It should also explain why the usage of Travel Club Memberships has totally sky-rocketed during this same time frame.
1. For Beginners, the amount of capital needed to aquire a Travel Club Membership is generally a minimum of five times less than that of a Timeshare. This much smaller investment makes ownership much easier in today's challenging economy.
2. In addition, you will never get stuck paying those dreaded maintenence fees ever again. Many Timeshare owners fail to realize that if they don't pay their annual upkeep fees, they can have their Timeshare foreclosed on. With the Travel Club Membership you pay only when you use your membership. That fee can be as low as $298 for the entire family's 8 day, 7 night stay. You will never have to sit through those silly Timeshare presentations or pay those expensive taxes and check-in fees either.
3. Like we discussed previously. When you own a Timeshare you will have to exchange your week for another if you wish to vacation at a resort other than the one you own. You can do this by contacting a company like RCI. RCI will allow you to exchange your Timeshare week with another that's in their registry. This can use up alot of your time and also can cost up to several hundred dollars. Alternatively, you can post your ad on several places online like Craigslist or Backpage. Hopefully you'll find someone that wants what you have and vice versa. . Now, when you own a Travel Club Membership you most certainally will have 10's, 100's, or even 1,000's of elite properties from which to choose. And you will have accessibility to some of the most sought-after vacation destinations worldwide.
About the author: Wayne Hinrichs is a travel club membership consultant. Wayne likes assisting travelers get access to top timeshare places at the lowest cost possible. He helps clients receive big discounts with their Hotels, Cruises and Air at some of the nicest destinations.
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