Sep 2, 2014
The Queen of Versailles
Documentary following Jackie Siegel and David Siegel from the billionaire heights of time-share success, through the financial crisis and the beginnings of the great recession.
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The Queen of Versailles
Documentary following Jackie Siegel and David Siegel from the billionaire heights of time-share success, through the financial crisis and the beginnings of the great recession.
Investing in Time-Shares
Thomas Zenovic is a certified financial planner with Merrill Lynch in White Plains, New York. One of Thomas Zenovic’s areas of interest is time-shares, a vacation investment that can be extremely beneficial for the right person. Time-share investors own the rights to use a specific time-share for a set interval every year. These rights can last a lifetime, until the time-share is sold to a new investor, or for a set amount of time stated in the purchase agreement. Clients can vacation in that property for the agreed time period or rent it out and earn income. There are also right-to-use time-shares that provide clients with any available unit within a resort instead of one specific unit year after year. Although time-shares can be a wise investment, investors should be aware of scams. Prior to finalizing any time-share investment, it is important for clients to discuss the deal with a certified financial planner to avoid these scams.
New Post has been published on My Wine Shopper
New Post has been published on http://www.mywineshopper.com/top-4-tips-to-sell-your-timeshare.html
Top 4 Tips To Sell Your Timeshare
Selling a vacation timeshare can be difficult. There are many people that claim they will help you. Unfortunately, these people will often take advantage of your lack of knowledge and lack of comfort about the market. The Internet is filled with horror stories of scammers and frauds who have bilked timeshare owners of their properties and financial resources. Fortunately, there are things you can do to ensure you have the best chance of selling your vacation timeshare without losing your shirt or your pride. This article will discuss a few tips you can use immediately.
Tip #1: Understand Your Position
You should know and understand that selling a timeshare can be very hard. Indeed, selling a timeshare and making a profit is practically impossible. The reason this is so is simply because the demand for vacation timeshares is far smaller than the supply of timeshares on the market. This can be understandably discouraging. But, knowing that before you look at your options can help you manage your expectations.
Tip #2: Know Your Limitations
When most people buy timeshares, they do so from a developer who spends thousands of dollars to promote each one. Because he is spreading his expenses over dozens of units from the same resort, he can afford this extravagant advertising expense.
When you sell your timeshare, you cannot afford to treat a potential buyer to an all-expense paid weekend vacation to wine and dine them. This is a serious disadvantage. Also, people who want to buy timeshares often do not even realize they can buy one from a private party. So, of the limited market to which you can sell your timeshare, most will not even realize you are there.
Tip #3: Check The Market and Price Your Timeshare To Sell
You already realize you may need to take a significant loss in order to sell your timeshare. Check the prices of what other timeshare resales have sold for recently. Ignore the list prices. You need to see what the selling prices were to gauge your market correctly.
Tip #4: Use Cost-Effective Advertising
Placing an ad in newspapers or magazines can become expensive quickly. Instead, advertise your vacation timeshare on the Internet. Post free classified ads online in as many venues as you can find. Look for newsgroups that are devoted to timeshares, rental properties and travel. Post ads on eBay and CraigsList. Also, look for websites that are devoted to the timeshare marketplace and check to see if you can post inexpensive classified ads there. For example, websites such as Tug2.net offer a 3-month classified ad for only $10. People who are seeking to buy a timeshare are likely visiting these types of websites.
Bonus Tip #5: Using A Broker
If you are desperate to sell your vacation timeshare, consider using a resale broker. They can help you get exposure and ultimately help you sell your timeshare. However, understand that using a broker’s services can be expensive. They will usually charge an a fee or commission upfront on the sale. Ask the broker if they will work on a commission without the fee as that at least guarantees you only pay them when they sell your timeshare.
Remember, when you sell your timeshare, there are a lot of potential pitfalls. Scammers wait in the shadows to pounce and take advantage of your lack of knowledge and comfort. But, the more information you have upfront, the more you will be able to protect yourself. Follow the tips above and do as much research as you can into your market. With the right information and the right perspective, you can successfully sell your vacation timeshare.
New Post has been published on My Wine Shopper
New Post has been published on http://www.mywineshopper.com/top-4-tips-to-sell-your-timeshare.html
Top 4 Tips To Sell Your Timeshare
Selling a vacation timeshare can be difficult. There are many people that claim they will help you. Unfortunately, these people will often take advantage of your lack of knowledge and lack of comfort about the market. The Internet is filled with horror stories of scammers and frauds who have bilked timeshare owners of their properties and financial resources. Fortunately, there are things you can do to ensure you have the best chance of selling your vacation timeshare without losing your shirt or your pride. This article will discuss a few tips you can use immediately.
Tip #1: Understand Your Position
You should know and understand that selling a timeshare can be very hard. Indeed, selling a timeshare and making a profit is practically impossible. The reason this is so is simply because the demand for vacation timeshares is far smaller than the supply of timeshares on the market. This can be understandably discouraging. But, knowing that before you look at your options can help you manage your expectations.
Tip #2: Know Your Limitations
When most people buy timeshares, they do so from a developer who spends thousands of dollars to promote each one. Because he is spreading his expenses over dozens of units from the same resort, he can afford this extravagant advertising expense.
When you sell your timeshare, you cannot afford to treat a potential buyer to an all-expense paid weekend vacation to wine and dine them. This is a serious disadvantage. Also, people who want to buy timeshares often do not even realize they can buy one from a private party. So, of the limited market to which you can sell your timeshare, most will not even realize you are there.
Tip #3: Check The Market and Price Your Timeshare To Sell
You already realize you may need to take a significant loss in order to sell your timeshare. Check the prices of what other timeshare resales have sold for recently. Ignore the list prices. You need to see what the selling prices were to gauge your market correctly.
Tip #4: Use Cost-Effective Advertising
Placing an ad in newspapers or magazines can become expensive quickly. Instead, advertise your vacation timeshare on the Internet. Post free classified ads online in as many venues as you can find. Look for newsgroups that are devoted to timeshares, rental properties and travel. Post ads on eBay and CraigsList. Also, look for websites that are devoted to the timeshare marketplace and check to see if you can post inexpensive classified ads there. For example, websites such as Tug2.net offer a 3-month classified ad for only $10. People who are seeking to buy a timeshare are likely visiting these types of websites.
Bonus Tip #5: Using A Broker
If you are desperate to sell your vacation timeshare, consider using a resale broker. They can help you get exposure and ultimately help you sell your timeshare. However, understand that using a broker’s services can be expensive. They will usually charge an a fee or commission upfront on the sale. Ask the broker if they will work on a commission without the fee as that at least guarantees you only pay them when they sell your timeshare.
Remember, when you sell your timeshare, there are a lot of potential pitfalls. Scammers wait in the shadows to pounce and take advantage of your lack of knowledge and comfort. But, the more information you have upfront, the more you will be able to protect yourself. Follow the tips above and do as much research as you can into your market. With the right information and the right perspective, you can successfully sell your vacation timeshare.
New Post has been published on My Wine Shopper
New Post has been published on http://www.mywineshopper.com/top-4-tips-to-sell-your-timeshare.html
Top 4 Tips To Sell Your Timeshare
Selling a vacation timeshare can be difficult. There are many people that claim they will help you. Unfortunately, these people will often take advantage of your lack of knowledge and lack of comfort about the market. The Internet is filled with horror stories of scammers and frauds who have bilked timeshare owners of their properties and financial resources. Fortunately, there are things you can do to ensure you have the best chance of selling your vacation timeshare without losing your shirt or your pride. This article will discuss a few tips you can use immediately.
Tip #1: Understand Your Position
You should know and understand that selling a timeshare can be very hard. Indeed, selling a timeshare and making a profit is practically impossible. The reason this is so is simply because the demand for vacation timeshares is far smaller than the supply of timeshares on the market. This can be understandably discouraging. But, knowing that before you look at your options can help you manage your expectations.
Tip #2: Know Your Limitations
When most people buy timeshares, they do so from a developer who spends thousands of dollars to promote each one. Because he is spreading his expenses over dozens of units from the same resort, he can afford this extravagant advertising expense.
When you sell your timeshare, you cannot afford to treat a potential buyer to an all-expense paid weekend vacation to wine and dine them. This is a serious disadvantage. Also, people who want to buy timeshares often do not even realize they can buy one from a private party. So, of the limited market to which you can sell your timeshare, most will not even realize you are there.
Tip #3: Check The Market and Price Your Timeshare To Sell
You already realize you may need to take a significant loss in order to sell your timeshare. Check the prices of what other timeshare resales have sold for recently. Ignore the list prices. You need to see what the selling prices were to gauge your market correctly.
Tip #4: Use Cost-Effective Advertising
Placing an ad in newspapers or magazines can become expensive quickly. Instead, advertise your vacation timeshare on the Internet. Post free classified ads online in as many venues as you can find. Look for newsgroups that are devoted to timeshares, rental properties and travel. Post ads on eBay and CraigsList. Also, look for websites that are devoted to the timeshare marketplace and check to see if you can post inexpensive classified ads there. For example, websites such as Tug2.net offer a 3-month classified ad for only $10. People who are seeking to buy a timeshare are likely visiting these types of websites.
Bonus Tip #5: Using A Broker
If you are desperate to sell your vacation timeshare, consider using a resale broker. They can help you get exposure and ultimately help you sell your timeshare. However, understand that using a broker’s services can be expensive. They will usually charge an a fee or commission upfront on the sale. Ask the broker if they will work on a commission without the fee as that at least guarantees you only pay them when they sell your timeshare.
Remember, when you sell your timeshare, there are a lot of potential pitfalls. Scammers wait in the shadows to pounce and take advantage of your lack of knowledge and comfort. But, the more information you have upfront, the more you will be able to protect yourself. Follow the tips above and do as much research as you can into your market. With the right information and the right perspective, you can successfully sell your vacation timeshare.
New Post has been published on My Wine Shopper
New Post has been published on http://www.mywineshopper.com/top-4-tips-to-sell-your-timeshare.html
Top 4 Tips To Sell Your Timeshare
Selling a vacation timeshare can be difficult. There are many people that claim they will help you. Unfortunately, these people will often take advantage of your lack of knowledge and lack of comfort about the market. The Internet is filled with horror stories of scammers and frauds who have bilked timeshare owners of their properties and financial resources. Fortunately, there are things you can do to ensure you have the best chance of selling your vacation timeshare without losing your shirt or your pride. This article will discuss a few tips you can use immediately.
Tip #1: Understand Your Position
You should know and understand that selling a timeshare can be very hard. Indeed, selling a timeshare and making a profit is practically impossible. The reason this is so is simply because the demand for vacation timeshares is far smaller than the supply of timeshares on the market. This can be understandably discouraging. But, knowing that before you look at your options can help you manage your expectations.
Tip #2: Know Your Limitations
When most people buy timeshares, they do so from a developer who spends thousands of dollars to promote each one. Because he is spreading his expenses over dozens of units from the same resort, he can afford this extravagant advertising expense.
When you sell your timeshare, you cannot afford to treat a potential buyer to an all-expense paid weekend vacation to wine and dine them. This is a serious disadvantage. Also, people who want to buy timeshares often do not even realize they can buy one from a private party. So, of the limited market to which you can sell your timeshare, most will not even realize you are there.
Tip #3: Check The Market and Price Your Timeshare To Sell
You already realize you may need to take a significant loss in order to sell your timeshare. Check the prices of what other timeshare resales have sold for recently. Ignore the list prices. You need to see what the selling prices were to gauge your market correctly.
Tip #4: Use Cost-Effective Advertising
Placing an ad in newspapers or magazines can become expensive quickly. Instead, advertise your vacation timeshare on the Internet. Post free classified ads online in as many venues as you can find. Look for newsgroups that are devoted to timeshares, rental properties and travel. Post ads on eBay and CraigsList. Also, look for websites that are devoted to the timeshare marketplace and check to see if you can post inexpensive classified ads there. For example, websites such as Tug2.net offer a 3-month classified ad for only $10. People who are seeking to buy a timeshare are likely visiting these types of websites.
Bonus Tip #5: Using A Broker
If you are desperate to sell your vacation timeshare, consider using a resale broker. They can help you get exposure and ultimately help you sell your timeshare. However, understand that using a broker’s services can be expensive. They will usually charge an a fee or commission upfront on the sale. Ask the broker if they will work on a commission without the fee as that at least guarantees you only pay them when they sell your timeshare.
Remember, when you sell your timeshare, there are a lot of potential pitfalls. Scammers wait in the shadows to pounce and take advantage of your lack of knowledge and comfort. But, the more information you have upfront, the more you will be able to protect yourself. Follow the tips above and do as much research as you can into your market. With the right information and the right perspective, you can successfully sell your vacation timeshare.
New Post has been published on My Wine Shopper
New Post has been published on http://www.mywineshopper.com/top-4-tips-to-sell-your-timeshare.html
Top 4 Tips To Sell Your Timeshare
Selling a vacation timeshare can be difficult. There are many people that claim they will help you. Unfortunately, these people will often take advantage of your lack of knowledge and lack of comfort about the market. The Internet is filled with horror stories of scammers and frauds who have bilked timeshare owners of their properties and financial resources. Fortunately, there are things you can do to ensure you have the best chance of selling your vacation timeshare without losing your shirt or your pride. This article will discuss a few tips you can use immediately.
Tip #1: Understand Your Position
You should know and understand that selling a timeshare can be very hard. Indeed, selling a timeshare and making a profit is practically impossible. The reason this is so is simply because the demand for vacation timeshares is far smaller than the supply of timeshares on the market. This can be understandably discouraging. But, knowing that before you look at your options can help you manage your expectations.
Tip #2: Know Your Limitations
When most people buy timeshares, they do so from a developer who spends thousands of dollars to promote each one. Because he is spreading his expenses over dozens of units from the same resort, he can afford this extravagant advertising expense.
When you sell your timeshare, you cannot afford to treat a potential buyer to an all-expense paid weekend vacation to wine and dine them. This is a serious disadvantage. Also, people who want to buy timeshares often do not even realize they can buy one from a private party. So, of the limited market to which you can sell your timeshare, most will not even realize you are there.
Tip #3: Check The Market and Price Your Timeshare To Sell
You already realize you may need to take a significant loss in order to sell your timeshare. Check the prices of what other timeshare resales have sold for recently. Ignore the list prices. You need to see what the selling prices were to gauge your market correctly.
Tip #4: Use Cost-Effective Advertising
Placing an ad in newspapers or magazines can become expensive quickly. Instead, advertise your vacation timeshare on the Internet. Post free classified ads online in as many venues as you can find. Look for newsgroups that are devoted to timeshares, rental properties and travel. Post ads on eBay and CraigsList. Also, look for websites that are devoted to the timeshare marketplace and check to see if you can post inexpensive classified ads there. For example, websites such as Tug2.net offer a 3-month classified ad for only $10. People who are seeking to buy a timeshare are likely visiting these types of websites.
Bonus Tip #5: Using A Broker
If you are desperate to sell your vacation timeshare, consider using a resale broker. They can help you get exposure and ultimately help you sell your timeshare. However, understand that using a broker’s services can be expensive. They will usually charge an a fee or commission upfront on the sale. Ask the broker if they will work on a commission without the fee as that at least guarantees you only pay them when they sell your timeshare.
Remember, when you sell your timeshare, there are a lot of potential pitfalls. Scammers wait in the shadows to pounce and take advantage of your lack of knowledge and comfort. But, the more information you have upfront, the more you will be able to protect yourself. Follow the tips above and do as much research as you can into your market. With the right information and the right perspective, you can successfully sell your vacation timeshare.