Trading Power Benefits Explained
August 31, 2013
“Trading Power” is an RCI term that refers to the value given to a timeshare week when “deposited” into the RCI exchange network inventory. As the world’s largest vacation club, RCI collaborates with the biggest names in the tourism business and is considered one of the most reputable, leaving members with thousands of options.
Trading power is calculated in a way that allows a like for like swap of timeshare properties by applying certain criteria such as location of timeshare, size, demand or resort facilities and so on. Your timeshare is consequently given a value or trading power based on the combination of these elements. You can then use your trading power to select other properties and vacation experiences. There are also easy methods to improve your trading power rank like early deposit of your timeshare up to two years in advance or by reserving a high demand week in your home resort.
But what benefit does Trading Power have?
Once you have joined RCI as a member you are able to start depositing your timeshare weeks in order to exchange them for other properties in different locations around the world. Your timeshare gets added to a kind of inventory, available for selection and you are free to choose another unit according to your points.
The trading power system provides flexibility and ease as you don’t have to use all your points at once. In fact you can bank them for the following year or take two shorter vacations within the same year. For example, you might use the points you accrued from your week in a three bedroom peak season timeshare in Mexico for two weeks in a one bedroom apartment in Puerto Rico.
Simply put, trading power helps you take advantage of your timeshare week and allows you the flexibility to craft your vacations exactly as you like them every year.
The Truth: Timeshare Uncovered
August 15, 2013
It is no wonder that so many people get confused about the legitimacy of timeshare when there is so much confusing information on the Internet about the pros and cons. But here are some facts that are worth considering when buying a timeshare.
Firstly, most of the bad press that this industry receives is related to bogus companies or fraudsters. Reputable companies like The Villa Group Timeshare with an excellent track record are then left to pick up the pieces of the industry’s reputation.
There are actually many benefits to being an owner. You are able to buy a property that would otherwise be out of your financial reach and you are encouraged to take regular trips abroad. Many reviews suggest that owning a timeshare can enhance quality time together as a family.
The accommodations on sale are generally very spacious and much bigger than hotel rooms. Your unit is more like an apartment with all the facilities of a home away from home, including a kitchen, dining room and living area. Families can enjoy their time together in comfort and save money by eating in the apartment.
The financial benefits of owning a timeshare are also clear. Any investment is a risk but is a lifelong investment in memories with the potential to make money on the side renting or selling your unit. If you buy with a well established reputable company your investment is very safe as they have years of experience choosing great locations and building first class resorts that you will want to return to year after year.
You can’t talk about timeshare truths without mentioning maintenance fees. While maintenance fees generate a lot of complaints they are in fact an unavoidable necessity to ensure that you receive your property in the condition you bought it in. The fees also go towards the general upkeep of the resort itself, including spa, pools and gym equipment.
Happy Timeshare Tips
August 12, 2013
Fractional ownership and timeshare is supposed to be a positive experience. Those who claim otherwise have usually been subject to a scam or some kind of intentional ripoff. Even so, it is prudent to think about the benefits and disadvantages before buying a timeshare. Take a look at the top tips below to make sure your purchase is a success:
Choose a destination where you would like to return on a regular basis and one that would appeal to others. You never know when you may want to rent or sell your timeshare for profit at a future stage and a great destination will make it easier to market your timeshare. The best tips for choosing a destination are to consider the amenities, restaurants and services close by. Is your resort near to downtown? Does it have its own beach access? Is there room for development in the future?
Choose a destination that has regular direct flights at great prices. This will make it easier to take full advantage of your property and makes traveling with the family much more comfortable.
Choose an Established Operator
Save yourself time and money by buying from a renowned timeshare company like The Villa Group Timeshare, preferably choose an operator that has years of experience. The benefit of opting for experience over new companies is that you reap the rewards of their expertise and avoid the risk of the company going out of business before you get chance to enjoy your unit.
How much can you afford?
There are many different levels of properties with a price for almost everyone with a credit card. However, it is preferable to be clear about what you can realistically afford to pay so that the seller can find the perfect property for your budget and necessities.
Make regular use of your property
It seems obvious, but the best way to enjoy your timeshare is by using it. Timeshares can be lent to family or even rented for profit. There is no need for your property to be left empty during your purchased week(s). Enjoy the fruits of your investment and make regular use of your timeshare.
Beware Timeshare Nightmare
August 11, 2013
Timeshare produces an array of different responses from owners who are really happy with their timeshare to those who have had a negative experience because of a deliberate timeshare scam. However, most timeshare operators are actually legitimate and there are a few ways you can avoid a timeshare nightmare as shown below:
Beware Timeshare Nightmare
Choose a timeshare company that has a great track record, like The Villa Group Timeshare.
Experience and expertise has a lot to do with your timeshare experience and a reputable company will make all the difference. Avoid new companies that have just begun and those companies who only have one resort or condominium. Making a simple Internet search will help you sort the legitimate companies from the scams.
The best way to avoid a timeshare nightmare is to know what you want from your vacations. If you like returning to the same location then a fixed week timeshare would be perfect for you, but if you like to go somewhere different each year you may want to add your timeshare to a vacation club or preferred access scheme. Nowadays you can exchange your timeshare for almost anywhere in the world, including cruise vacations.
If you think that your timeshare purchase is going to make you lots of money then you are on your way to disappointment. While you can indeed make money on vacation rentals or selling your timeshare at a later date, the return on your investment comes mainly from enjoyment and memories.
Another way to make sure that your timeshare does not become a nightmare is to keep up with your maintenance fees. These are essential to secure your investment and ensure that your property is in good shape when you arrive for your vacations. If you stop paying your fees you could be subject to legal action – a nightmare you definitely would want to avoid.