The timeshare industry has seen a lot of changes over the years, and has often been fraught with a bad name. While there are certainly sharks operating in the industry with less-than-desirable intentions, most companies are legitimate. For many timeshare owners, or those looking to invest in a timeshare, this uncertainty alone can be enough to put the fear in them.
The good news is that organisations such as SellMyTimeshare.tv have years of experience in the timeshare arena, so are more than equipped to offer advice to current timeshare owners and newbies to ensure that they get the most out of their holiday experience, and avoid any sharks along the way.
SellMyTimeshare.tv has over 60 members of staff, operating in four locations throughout Europe. To make sure that anyone in the industry is getting the most out of their timeshare, they offer expert advice and assistance with regards to timeshare buying and timeshare resales.
When you receive advice from organisations such as SellMyTimeshare.tv, this will be based upon current European Union legislation, ‘The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010’. This piece of legislation came into force in February 2011.
Planned changes to review this legislation this year have been put on hold, with industry insiders fearing that any amendments could have a huge impact on the timeshare business. Effectively, it could mean that many timeshare owners would be able to get out of their existing contracts, which could cause the timeshare industry to fall to its knees. Any remaining owners would have to pay increased fees to cover the maintenance costs, and changes to legislation could also put many people out of a job.
While the legislation review is unlikely to go ahead, seeking advice from experts such as SellMyTimeshare.tv is vital now more than ever, for anyone in the timeshare industry. Being clear on what your rights are in this business, as well as ensuring that you are making the most from your timeshare experience is crucial.
Indeed, being aware of your options also puts you in control of how you spend your holiday. Increasingly, there is a trend for many timeshare owners to take part in exchange programmes, rather than commit to the same resort year after year. Many timeshare resorts have also started to make use of popular online travel agents to rent their properties out at reduced costs compared to the usual maintenance fee. The trend for both timeshare buying and timeshare resales is therefore becoming more flexible, as owners choose to have more say in how they spend their holiday. Making sure you seek the right advice on getting the most out of your timeshare experience is, therefore, hugely important.
- Monday, 03 November 2014 16:05