Timeshare Reselling – What is Timeshare Reselling?
Hawaii timeshare resales are timeshare properties located in Hawaii that were originally purchased by an end user from the primary developer. In most cases, the current owner (a private party) of the timeshare or vacation club property purchased it directly from the developer at a resort timeshare presentation. In some cases, the resale may be from a person who also bought at the resale and has now decided to sell.
There are over 100 timeshare resorts in Hawaii that have sold properties over the years. Larger developers such as Hilton Grand Vacation Club, Marriott’s Vacation Ownership, Shell Vacation Club, Diamond Resorts, and Consolidated Resorts have developed multiple locations on one or more of the Hawaiian islands.
The property may have been acquired as a simple fee or lease. Ownership can be fixed weeks, floating weeks, or points allowing the flexibility of splitting stays into shorter increments.
Buying a timeshare resale in Hawaii is significantly less expensive than buying it from the developer. In some cases, resale sales prices are 30-70% off the original price when purchased directly from the developer. This, of course, is determined by the age of the resort, the flexibility of the property, and many other factors.
The reason for the discrepancy is that the developer has a significant marketing cost to bring it to the resort and close the deal. They have non-exclusive marketing costs of advertising, assistance gifts, purchase incentives (ie a free cruise or air travel), and sales commissions that can add up to 50% or more of the sales price.
The good news is that Hawaii timeshares are some of the most desirable in the world and the resale price of Hawaii timeshares has been steadily increasing.
The recent economic downturn has made timeshare the preferred option over second home ownership.
Why do people sell their timeshare in Hawaii?
Often in life things change. Many timeshare owners, after years of enjoying time with family and children, realize that they no longer need their timeshare property. In Hawaii, timeshares are titled property and can be sold
Reselling Hawaii timeshares is a financially sound way to make luxury vacations a reality at a wholesale price. Buying from the developer may provide additional incentives and prepaid benefits, but cannot match the savings of buying on resale. Either way is more affordable and offers inflation protection that will prevent you from enjoying your vacation in the future. Recent tourism figures in Hawaii during difficult economic times have shown that timeshare travelers appear at a higher percentage than traditional vacationers staying at resorts or hotels. Respondents indicated that they had affordable prepaid vacations and therefore were still able to travel and enjoy time with their families.
Hawaii Timeshare Resale can be found on all the islands. Resale can be purchased in prime locations like Maui, Kauai, The Big Island, and Oahu. These are some of the most desirable and marketable properties on the planet.
Hawaii timeshare resale is defined as a timeshare that is offered for resale after the original developer has sold it.