Same Question, A Little Different

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I'm down to 4 and looking to buy 1 and perhaps sell another 1 or 2.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Well, Tony, you know that at Moo U we were educated to challenge authority, to ask why, or why not, to question what is, or isn't, to effect change for the better. Of course, with the tenacity of a Bulldog.

Computers came out of that, for instance.

What could be better than a timeshare you can give back when you're done using it?

That was considered back in the beginning . . . RTU. It's over when it's over, with no lingering aftertaste.

C'mon, even the most JLB-critical of you surely can see the merits of that, and how it would make what you love even more loveable.
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So, if I went to the resale companies operating locally, and offfered to give them our local ones for free, and they do not take them, what would that say? There is some sorta new office at the entrance to the gated community where ours are located that is into that sorta thing, so it says.

I have them on craigslist for free, and get inquiries because year-round amenities use comes with them. I make it to the point where there are fees, and it ends.
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Somewhat unrelated, since Escapes! stopped sales activities a long time ago, I wonder what is being done with the unsold inventory, and who owns it, and whether they are paying fees. Those are the types of questions that I have no one to ask because no one replies at the resort. The hired help has no answers.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

At the other place where the farmers sent their daughters and I went to school, we got in trouble for all the times we challenged authority. Maybe they taught us to make better decisions or we just tend to be more lucky.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

I don't think it is ''the industry'' holding people captive. Many member-controlled HOA's, including all three at the resorts I own at, will accept deedbacks from members wanting to get out. Of course, most developer-controlled resorts are another story entirely. Unfortunately, a variety of RCI policies from rentals of spacebank deposits to the general public to the alterations of its exchange system are putting more pressure on the system, and deedbacks may get harder to do. Still, if you own the right stuff, you can rent it for a profit or sell it. Again, given the changes RCI has foisted upon timesharing, both of those have gotten harder for members to do than they were in many places before the changes.

As to RTU, my UK resort has that feature and I wish it did not. The m/f is low and it trades great (SFX takes it, and UKRE gives me double credits).

The very first timeshare developer, Hapimag of Switzerland, which now has ~50 resorts mostly in Europe, put a buyback feature in their plan from the beginning and still has it. As long as a member owns a set number of years, they can turn it back to the developer, which will pay them a set percentage of the then-current developer list price. Hapimag has continued to honor that buyback feature, although when the economy has been tough, there was sometimes a bit of a delay in their processing the buybacks. There is also one UK resort that has always had a buyback feature, that a member could exercise after owning a set number of years, and with a set price to be paid to the member. Buyback plans are better than deedback plans. Too bad that most other developers did not copy this feature from Hapimag.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Regardless of how y'all feel about me spoiling your celebration of timeshareship, I feel I'm doing a service to those thinking about entangling themselves similarly, so that they may consider both the lows and highs of ownership.

Not all unlike Carolinian has done in his way the last 15 years or so.

What would the internet timeshare world do without your "service"?

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I would guess they'd have to Tug along without him.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

I would guess they'd have to Tug along without him.

You so funny.

[Hobbitess Senior Member Find all posts View Profile Close Hobbitess]

Maybe they taught us to make better decisions or we just tend to be more lucky.

I do think schools are failing to teach kids to think before they go into debt. I think the only time I ran across that sort of thing in school was in home ec, when they talked about setting up a family budget and analyzing purchases and whatnot. Most boys didn't take home ec, and somehow I doubt they covered that sort of thing in shop or auto mechanics. Few schools teach home ec anymore, and consumer math tends to be the math class kids take when they're not planning to go to college; I've known my fair share of people who understood calculus but had very little understanding of budgeting or how compound interest can triple the cost of your house.

Timeshare sales wouldn't exist in its current form if more people had been taught that "grab it now, it'll be gone tomorrow" generally serves as code for "you can find a better deal somewhere else," or that high-pressure sales often signal the same thing. As a culture, we are failing to teach people how to handle their money, and failing to teach them how the market works.