What is a timeshare, and how does it work? Great questions.. To put it in simple terms, when someone owns a timeshare, they have access to a resort at a special contracted rate which is different to what the public has access to on the market. The timeshare owner may have access to, for example, a 2 bedroom condo style unit at a particular resort. The timeshare owner may have 2 weeks per year that they can use, and to maintain this availability they have to pay annual or bi annual maintenance fees. This is referred to as the timeshare owner’s “deeded time”, and this can differ depending on what you’ve signed in your contract with the resort.
Being a timeshare owner has other benefits as well. In addition to the timeshare owner’s deeded time, they can have access to getaway weeks. Getaway weeks are blocks of time at resorts that the timeshare owner can purchase at a low cost to either use for themselves, gift to someone, or rent out. If the timeshare owner were to get started renting their timeshare, it is very important that they get with the best timeshare rental site, so that they are ensured to actually get their timeshare rented out. According to The Timeshare Post, TimehareRenters.com is considered to be the best timeshare rental site in the industry. Putting a strong focus on providing rental offers to clients is the main reason that Timeshare Renters is ranked at the top among timeshare rental companies.
If you are a timeshare owner and are ready to get started renting out your timeshare, click here to see how you get started. If you have any further questions, click here to schedule for a phone call with a dedicated travel guide.