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Travel and Leisure Group
 

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The Advantages of Buying Resale

When the consumers have made up their minds they want to buy a Timeshare, it is time to look at the Resale market. Timeshare has frequently been the subject of unfavourable comment, seldom directed towards standards or facilities, or indeed the concept, but rather to the somewhat unsavoury methods often employed in persuading people to purchase.


So how do Timeshare resales differ from direct selling?
Quite simply, when you are coerced into a Timeshare presentation (an experience many of us would like to forget) you are immediately under intense pressure to hand over your money and purchase on the spot. With a resale you have no financial obligation right up to exchange of contracts.

The advantages of resale are:
1. The business is conducted by telephone, mail and email with no pressure whatsoever on the purchaser. You make up your mind in the privacy of your own home. Re-sellers act as estate agents for Timeshare between existing owners who wish to sell and people who want to buy.
2. Travel & Leisure Group will only sell resorts of good standing and recognised structure.
3. Resorts offered are affiliated to RCI and Interval International or Dial an Exchange, giving the purchaser the same flexibility of exchanging holidays throughout the world.
4. Buying - you can save £000's! Resale prices are often less than 50% of developers price and purchasers usually get all the same benefits as buying on site.
5. Unbiased advice. Travel & Leisure Group acting as an estate agent and not linked to any one resort or country, are able to offer a much wider and better choice of Timeshare to suit the requirements with only the buyers interests in mind.



Why are Prices so Low on the Timeshare Resale Market?

It is no secret that upwards of 50% of the resort developer costs are sales and marketing related. When you purchase directly from the resort, unfortunately you are paying an inflated price to absorb all of the administrative and marketing costs associated with the sale of the property. When buying on the resale market, you only pay for the true fair market value of the property! As a timeshare resale buyer, you not only benefit from the use of the property, but you also enjoy savings of 30-50% or more! The resale market has matured and the resale inventory is nowadays very attrative to buyers. Travel & Leisure Group has possibly the largest resale inventory in Europe.
Some major groups such as Marriott have a right of first refusal if they feel the Timeshare is being re-sold at an unreasonably low price. They will then refuse to transfer the ownership to the new owner. This does not happen with other resorts where second hand buyers benefit from the low
selling prices on the resale market, where supply and demand is much in the buyers favour.

Some price examples of bargain resales:

Marriotts - 2 Bedroom, Occupancy 6, High Season
Price on complex - £17,500
Resale price - £7,500

Hilton - 1 Bedroom, Occupancy 4, High Season
Price on complex - £7,000
Resale price - £2,500

Clowance - 2 Bedroom, Occupancy 6, Mid Season
Price on complex - £7,000
Resale price - £2,000

Harbour Club, Tenerife - 1 Bedroom, Occupancy 4, May
Price on complex - £3,500
Resale Price - £900

Royal Savoy, Madeira - Studio, Occupancy 4, High Season
Price on complex - £7,500
Resale price - £4,500

Warning!

Although this is a very good way of buying Timeshare, consumers must take precautions:

  • You must be sure of the reputation and stability of the re-seller

  • Re-seller should be a member of the OTE. If anything goes wrong, the consumer has somewhere to go to with the problem and OTE members have to follow a strict code of conduct, closely monitored by OTE, certainly in regard to Resale Companies. OTE keeps a close eye on their performance and business practice. Refer to the OTE Code of Ethics, click here.

  • Ensure re-seller offers at least 10 days cooling off period.

  • Monies are placed in an independent clients account in escrow, preferably in solicitors hands.

  • Re-seller has a bonified conveyancing department or uses the service of a recognised Timeshare conveyancing firm.

PEACE OF MIND
Buying through Travel & Leisure Group, you can be sure that you are in safe hands, with full protection under the UK Timeshare Act and the European Timeshare Directive. To our knowledge, we are the ONLY company where full contractual monies are deposited into a solicitors Escrow account, administered by independent solicitors. This means that no funds will be released until deeds have been transferred into the purchasers name, ensuring both parties to the agreement of sale are fully protected. Travel & Leisure has its own in house conveyancing department. The staff in our legal department have many years of experience in transferring Portuguese and Spanish Land Registered Deeds (Escrituras) and American Title. Even club transfers can nowadays be extremely complex and costly.
Safe Hands

BUYING - ENDLESS POSSIBILITIES, SAVE £'000's BY BUYING A RESALE
Before you buy a Timeshare, check with Travel & Leisure Group first. We have many properties of this nature at our finger tips, all affiliated to either of the
exchange companies giving the owner the flexibility to exchange their weeks all over the world. We match the discerning holiday taker with the right resort at the right price...... the key to our success. Timeshare changed image with the arrival of large hotel groups that saw the benefits of timeshare. Marriott, Hilton and Hyatt have now built many timeshare resorts around the world. Travel & Leisure are the largest independent resale company in Europe, operating for fifteen years with a well established international sales network. They are Corporate members of the Organisation for Timeshare in Europe (OTE) and The Timeshare Council, the official voice of Timeshare in the UK, a guarantee that you are in safe hands. Travel & Leisure act as Estate Agents for Timeshare between existing owners who want to sell and people who want to buy. Buying a privately owned Timeshare through Travel & Leisure is a great way of saving money, prices are at less than 50% of developers price and you get all the same benefits as buying on site and un-biased advice. All properties offered by Travel & Leisure are affiliated with one of the major exchange companies, RCI or II giving the purchaser the choice of exchanging their weeks for another at over 5,500 resorts in 175 countries. If you want to compare Timeshare holidays with a package trip, be realistic, you have to look at deluxe apartments or suites to be on the same levels as Timeshare - then you will see real savings. A once only payment plus a small yearly maintenance fee and your holidays are paid for life. Package holidays taken over a few years will cost you a lot more and all you are left with are the memories. So before you decide on a holiday this year give Travel and Leisure a ring or visit us at Talas House, 47-48 Ballington Street, Sudbury, Suffolk CO10 2BX.

THE CHOICE IS ENDLESS
The choice of over 5100 holiday developments in 110 different countries is now yours through R.C.I., I.I. and Dial An Exchange exchange network. The tropical islands of Barbados, St. Lucia, or Bali, the magic of Disneyland©, or nearer home the manor houses of England and the chateaux of France. These are just some of the exotic places where you can have your dream Timeshare vacation. A Timeshare holiday is a holiday of a lifetime - golf, tennis, skiing, or just lazing on a sandy beach outside your apartment are all part of Timeshare ownership.

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