Many of our customers ask us about the benefits of timeshare resale listings on the secondary market, rather than buying directly through a resort. While the primary benefit is monetary—timeshares for sale by owner tend to cost 25-70% less than resort timeshares—there are other equally advantageous benefits that are often taken for granted.
This page will help you compare buying timeshare from a resort with buying a timeshare from an owner or a timeshare broker, and the pros and cons of each experience.
Timeshare Resort Sales
Despite the growth of for-sale-by-owner timeshare services in the past decade, the majority of new timeshare owners still buy from a resort. Why? Likely, because they are unaware of the benefits of purchasing resale, or because they are lured into attending a timeshare sales presentation at the resort with offers of free giveaways and free weekend getaways.
However, these free giveaways almost always come at a price. Marketing overhead for resort promotions has to be recouped somewhere, and most often it’s in the timeshare sale price. Industry experts have estimated that around 50% of resort timeshare price is markup to cover such expenses.
You might wonder why anyone would buy from the resort given these statistics, but timeshare sales presentations are notorious for being very high-pressure, and attendees who had no intention of doing so beforehand will often buy on impulse. More often than not, the presentations run anywhere from 90 minutes to upwards of five hours, and full attendance is required in order to redeem the promised “free giveaway.”