The One Really Big Issue . . .

[JLB]

Even the strongest of timeshare proponents say things to support the notion that the Achilles Heel of timesharing is the industry's lack of an exit strategy. It comes up in the normal flow of conversation about timesharing, such as:

That does not last long at all, and within a very few years, there are sufficient owners looking to unload things they bought in the heat of the moment but don't really want/use.

[tonyg]

That is why I believe resorts need to have an exit strategy such as a deed-back policy and an active resale program. Life changes sooner or later will make timeshare ownership no longer viable for just about everybody.

[JLB]

Yeah, that's what I've been trying to say, over wine coolers and Pong.

Love it now or not, sooner or later, everyone with a timeshare will need to get rid of it.

The industry, any and/or all of it, has the opportunity to make lemonade out of lemons.

[timeos2]

Absolutely every resort needs to do all they possibly can to foster owner resales and an active marketplace for the inevitable churn of ownerships. However a deed back program vs other options may not be proper in every case for various reasons. Like most things each case (resort) needs to handle things the best way possible for the overall good of the Association and owners as a whole. While I'd like to see every resort have a way to take back weeks directly AND have a way to get those quickly into the hands of new paying owners I also understand that isn't always possible. I do expect that each resort do everything possible to create a market for resales even if they cannot, at least now, offer deed backs as a standing option. There needs to be a flexible option to all including not offering deed backs but other reasonable options for the owners that legitimately need a way to be out of what had been a wanted ownership they can no longer utilize as they once did. One size (answer) cannot and does not fit all.

[Ridewithme38]

You know, a simple quarterly news letter to owners where owners could list their weeks for sale would solve 65% of the problem

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[JLB]

The simple, overly-obvious answer is that all that can be done by those who can be doing something to alleviate the glut of those wanting out of their timeshares, in order to bolster the value to those who do not want out of their timeshares, is not being done.

Who should be doing something? Anyone, group, etc., who's best interest is served by preserving the value to those not wanting out, and to themselves.

[ampaholic]

You know, a simple quarterly news letter to owners where owners could list their weeks for sale would solve 65% of the problem

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This is in effect already being done by many resorts - every one I own at as a "weeks for sale" section or link on their website where owners can list their FSBO week(s) - most are overpriced IMHO.

What really needs to happen is twofold:

A: The 25,000 to 45,000 weeks need to fail to sell - as long as they are selling briskly this will continue an issue.

and

2: A big dog (such as RCI, Walmart, GM etc.) needs to see some value in resale timeshares as a commodity and begin a real resale market - such as exist for real Real Estate.

[JLB]

This is in effect already being done by many resorts - every one I own at as a "weeks for sale" section or link on their website where owners can list their FSBO week(s) - most are overpriced IMHO.

What really needs to happen is twofold:

A: The 25,000 to 45,000 weeks need to fail to sell - as long as they are selling briskly this will continue an issue.

and

2: A big dog (such as RCI, Walmart, GM etc.) needs to see some value in resale timeshares as a commodity and begin a real resale market - such as exist for real Real Estate.

confusing

[ampaholic]

confusing

I'm sorry you re confused - what needs clarified?

[Hobbitess]

Love it now or not, sooner or later, everyone with a timeshare will need to get rid of it.

Not necessarily. One of DVC's big selling points is that it automatically expires.

2: A big dog (such as RCI, Walmart, GM etc.) needs to see some value in resale timeshares as a commodity and begin a real resale market - such as exist for real Real Estate.

There is a sense where RCI already has that, with the Endless Vacations option. I keep hoping that DVC will break open the market for people who want to rent TSs -- the Disney boards are full of info on how to rent points, and a fair percentage of people go from there to renting TSs in other venues. Although the vacation home rentals places (VRBO, etc.) are also benefiting from Disney board threads, I think a "name" would make more people willing to take the rental risk. If it turns out the rental you got from an individual isn't going to work out, few options; if your rental from a corporation goes south, odds are better they'll be able to get you another unit.