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What is a timeshare
rental? Often times when a timeshare owner can not use
their week they will decide to post their week on Timeshare
Classified Ads for others to use. Unlike a
resale, a rental is a one time agreement between the
renter and owner allowing the renting party to use their
specified week.
Do people who use
timeshare rentals receive the same privileges and
preferences as the timeshare owner? Almost all of the time
the renting party will receive the same exact benefits and
privileges given to the owner from
timeshare resorts. After all, no matter who visits the
resort, the ultimate goal of the resort is to satisfy the
guest whether they own the timeshare or are just using a
rental week for a one time use, even if the traveler never
visits the resort again.
Each party involved in
a timeshare rental transaction will benefit in some way.
The owner benefits by being able to cover their maintenance
fees, which are required by the resort even if the owner
does not choose to use their given week. Since the fees have
already been paid, the owner has only a couple of options;
use the timeshare themselves, let the week go unused
virtually forfeiting their fees, or rent a timeshare to
another willing party to recover their fees and in some
cases turn a small profit. The renter benefits by being
able to use a week at a resort which is most likely nicer
than most of the hotels in the area as well as being able to
receive the same advantages of the owners who are visiting
during the same time frame. The resort is helped by the
transaction because they are able to fill a room which might
have otherwise gone unused, as well as having the
opportunity to impress the visitor with their resort
facilities, which may in turn prompt the renter to become
interested in buying a timeshare at their resort.
How much does a timeshare rental cost?
The simple answer is the price of a rental will depend on
many factors including the location of the resort, time of
usage, owner’s willingness to negotiate, and the annual fees
assessed by the resort itself. The price of the rental can
be greatly affected by the time of year you choose to
travel. When traveling during high or peak seasons expect to
pay a slight premium. The opposite is also true, when
visiting an area during low or off season many rentals can
be found for a very low price. The price of the timeshare
is also affected by the yearly fees charged at a resort,
since the ultimate goal of the owner is to cover their fees
it is expected resorts with higher annual fees will also
have a higher rental rate from its owners. The final price
can also be influenced by the owner themselves. Unlike
hotels who have a standard rate, owners are often willing to
negotiate the final price they are willing to receive for
their week. Do not be afraid to contact multiple owners and
make multiple offers before deciding on the best timeshare
rental option. To begin searching for rentals please visit
and of the locations above. |
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