In addition, comparable size of the unit and time divisions do apply. All new timeshare projects provide some type of financing to make ownership more easily attainable. Recently, financing became available on the secondary market. Most large resale companies now provide financing at a competitive rate to the resort projects, thus purchasing a timeshare through the secondary market becomes even more desirable. For one, it is not a primary residence nor a mandatory necessity.
Vacation property is purchased as a luxury and demand normally follows market trends.
When the market is up, so are luxury items. The key to a resale is to outprice the competition. Give the public the same value at a better price than what the resorts are offering. Look for a licensed Real Estate company with the experience and knowledge of the industry. What is the term of the listing and is it an open listing versus an exclusive listing.