Archives
Use Year
The year in which a timeshare ownership will be awarded its vacation time or allotment of points. Many timeshare owners have a specific amount of points or weeks available to them each year. Every club is different in how owners…
Silver Crown Resort
The second highest award given to a resort from RCI based on excellence in certain criteria. These awards are very important when you are trading your ownership week for another. Rated just under a Gold Crown Resort Award, an RCI…
Five Star Resort
A 5-star resort is the highest official rating that a resort can receive based on the facilities and the resort experience as a whole. A Five Star resort is the highest designation in Interval International’s resort rating system. There are…
Affiliated Resort
An affiliated resort is a resort that has been built by a separate developer and then enters into an agreement with a timeshare club. These properties are typically managed and run by the timeshare club in order to maintain the…
Resale Value
The fair market value of a property sold on the secondary market from a private owner or licensed broker. Timeshare companies such as Hilton or Marriott will sell their timeshare properties through the retail market by way of presentations. When…
Points Chart
A points chart is used to help an owner understand how many points it will take to book a particular resort or time of the year. Points charts are a great way of understanding the value of your timeshare points.…
Availability
Availability is the measure of how easily you will be able to book a certain location or time of the year, and is based on the desirability and total number of units available. With deeded properties, availability is rarely an…
Current Fair Market Value
Current fair market value is the price in which a knowledgeable buyer will purchase an ownership from a well informed seller, based on the current sales of a comparable timeshare interest. As in real estate, the timeshare market fluctuates in…
Trading
Timeshare trading occurs when you trade or exchange your ownership for another ownership through private owners or with the use of a trading exchange company. Trading your week for another one at a different location or week of the year…
Vacation Club
A Vacation Club is a timeshare club who utilizes points-based reservation systems and generally does not carry a deed. Vacation Clubs are designed to give more freedom to the timeshare owner with the use of points-based reservation systems. When you…
