The Difference Between High-End & Dollar Menu Timeshares

When shopping around for timeshares, you may encounter some incredibly cheap properties for sale. Are these really worth buying into? Are they worth anything at all on the resale market? These are important questions to ask yourself. In this article, we’ll be talking about the difference between high-end timeshares and “Dollar Menu Timeshares”.

These properties “Dollar Menu” timeshares are dirt cheap, provide little to you in the way of flexibility and amenities, and give nothing back on the resale market, creating a large liability for the owner. By viewing the contrast between these dollar menu timeshares and between desirable, or high-end name-brand resale properties, you can purchase a vacation ownership that will benefit you and your family for years to come.

Right of First Refusal

Aside from working with a reputable company, an important factor in deciding which timeshare to purchase is the resale value of your ownership in the future. Hilton offers right of first refusal, meaning that you either have the option to sell to a third-party, or Hilton can buy the property back from you. This allows a more consistent resale value for the owner because buyers won’t want to offer less than what Hilton will buy the property for, and lose their deal mid-transfer. This allows owners at least some form of compensation later down the line, should they need to sell.

With other timeshare companies you may not have the protection of Right of First Refusal (ROFR), so you could choose a cheap, off-brand timeshare purchase and have no resale value or liquidity if the time comes that you choose to sell. In fact, even with some better known timeshare companies you may not have the option for ROFR, so going with highly desirable timeshare developer such as Hilton is always an excellent choice. Also, by going through the most popular timeshare clubs you can ensure your property has a thriving ecosystem of licensed Real Estate brokers who specialize in your timeshare.

Licensed Real Estate Brokers

This is another important thing to look at when deciding if purchasing a dollar menu timeshare is something that works for you. Most of these timeshare listings are independent sellers or small resale companies, meaning that there can be an exhaustive process on your end making sure they are legitimate and that the transaction goes smoothly from beginning to end. By looking towards BBB accredited and licensed Real Estate brokers, you can feel comfortable knowing you are dealing with trusted and certified sellers whose primary goal is ensuring you find the right property for you at the right price. Also, learning how to check a timeshare resale broker’s license is always important.

Now that you understand the benefit of buying from accredited resellers and avoiding nameless companies and sellers, you can purchase the right property for you and your family and be sure it is a smart vacation decision every time.