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Wyndham Owners Find Timeshare Solutions at BuyATimeshare.com May 1, 2009

Posted by Bryan Connelly in : ARDA, Customer Comments, Fairfield Timeshares, General, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Wyndham Timeshares , add a comment

Wyndham Worldwide has filed numerous foreclosure notices in its timeshare resort in Durango, Colorado. The vacation property conglomerate filed over 30 foreclosure notices to owners who have been delinquent on their timeshare payments.

Despite economic troubles, financial responsibilities stay with us. Annual maintenance fees and taxes plague many owners whom feel these payments take a back seat. Reports state that many owners had multiple timeshare weeks at the resort. Wyndham announced that the foreclosure process will take place on May 21, 2009.

The company did not disclose specific information about the proceedings but Wyndham did mention that the 33 timeshare owners owed more than $10,000 each. A timeshare property is often expensive to maintain over the years, especially if you don’t get any use out of it.

BuyATimeshare.com has been working for over a decade to provide timeshare sellers with a trustworthy site to get great top brand resorts. The timeshare resale market is helping financially distraught owners get cash for the unused timeshare that is worth thousands of dollars.

Timeshare Solutions for All, from BuyATimeshare.com February 20, 2009

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Charity, Customer Comments, Disney, Donate a Timeshare, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, JetShare, Marriott Timeshares, New Features, News & Events, Planet Hollywood, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, VOIC, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

The timeshare industry has brought us affordable vacationing and access to the world’s finest luxury resorts. Recent straits in the U.S economy however, have triggered companies to pare staff by the thousand. Unemployment has grown to 7.2 percent nationally. In the aftermath of a tough credit market, top brands in the hospitality industry have shed sales departments and are in the process of scaling down.

Due to an increase in the demand for selling and renting timeshares, the resale market is witnessing a boom. Consumers are finding affordable vacationing during economic hardship and owners are getting their timeshares sold. Contrary to current conditions, BuyATimeshare.com has employment opportunities during a companywide upgrade.

The New Hampshire-based timeshare reseller and marketing firm, BuyATimeshare.com owners Wes Kogelman and Jason Hamilton grew up in the granite state and want to offer a legitimate solution for individuals looking to sell or rent their timeshare properties.

Kogelman stated “We have the most aggressive marketing program to bring buyers and seller of timeshare properties together; we’ve shown success with all timeshare properties throughout the world and want to offer people a risk free way to sell or rent their timeshare properties.”

As a vacation property ownership can bring years of affordable vacationing, likewise they can become a liability. While annual maintenance fees pile up for some owners, others are unable to even enjoy their vacation property year after year. A growing number of people are liquidating assets and scurrying to pay their inflated home mortgages, BuyATimeshare.com has created the resale marketplace on their website to help in your efforts.

This is a significant tool in a world driven by internet technology. More and more owners cannot afford, do not use, or are just looking to sell or rent their vacation properties. “We’ve listened to our consumers and want to do everything possible to help. We are providing a month of proven risk free worldwide exposure,” Kogelman said.

In today’s economy, BuyATimeshare.com is looking to help however it can. The company’s founders are offering an inexpensive route to worldwide exposure. Those who want to get money for their timeshare, or are just looking to secure a timeshare without the inflated price at the resort, can enjoy the for-sale-by-owner benefits at BuyATimeshare.com.

International Interest in Timeshare and Resales January 16, 2009

Posted by Bryan Connelly in : ARDA, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, Marriott Timeshares, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares , add a comment

Despite economic troubles in the U.S, the economy has not really affected global interest in timeshare. Vacationing abroad is still popular and rebounding after a summer fraught with high fuel prices and struggling timeshare developers. All over the world, people are paying attention to the timeshare phenomenon—finding an inexpensive portal to a luxurious vacation thousands of miles away from home.

Hospitality Superpowers like Wyndham, Marriott, Starwood and Hilton have become nearly dependant on timeshares in recent years. 2008 was especially disagreeable to developers, evaporating their market value considerably. Wyndham Worldwide expects about a $1billion slip in vacation ownership sales over 2009. A trend that swept through the industry eliminated sales offices and marketing programs. Brands are predicting that 2009 will be tough as demand is anticipated to weaken further.

International occupancy of U.S timeshare has grown from about $2.7 billion $10.6 billion in a mere decade. Regardless of recent news, worldwide interest in timeshares has not slowed. Timeshare ownerships in countries like India are running rampid. RCI has witnessed a 39 percent growth rate from 2007 to 2008. RCI says it has seen a 40 percent increase in confirmed sales from its members in Goa, India over 2008.

Hilton Grand Vacations Club has noticed a remarkable correlation between international tourism and timeshare use. In response to this, Hilton has opened the Grand Waikikian, its fifth resort on Hawaii. The Aloha State had reported a declined in tourism down to a hotel occupancy of only 60 percent. Though the sum of U.S visitors to Hawaii is dropping off, there recent reports illustrate an increase in international tourism visiting timeshare destinations in Hawaii.

Due to the ever-growing popularity of timeshares, European parliament is working to tighten rules on EU timeshares companies. Timesharing is becoming widely used among Europeans who had been dealing with decades of bogus sales and resale companies. BuyATimeshare.com has been seeing this increase in offers from international vacationers, adding staff to compensate. Most of the people that visit our site are from all over the globe. They have dealt with scams before and are typically seeking a reputable company to help them—BuyATimeshare.com the company they chose.

Sell Your Timeshare for More with BuyATimeshare.com January 4, 2009

Posted by Bryan Connelly in : ARDA, Fairfield Timeshares, General, Marriott Timeshares, News & Events, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Wyndham Timeshares , add a comment

Websites like 10 Timeshare Secrets can help steer you toward a reputable timeshare marketer to get your timeshare sold.

There companies that spend the money on advertising and the technology necessary to drive timeshare buyers toward your properties. You do not list however, with someone who “already has a buyer.” That should be a red flag anyway (you cannot sell what you do not have). Whether it is a newspaper ad or a spot on Google, everyone will charge upfront. Anyone else will take a cut of the sale and sell it for a small percentage of what you paid, but it will probably get sold. Provided you work with the right company, a listing will reach the type of people you are looking for—buyers.

There are plenty of reasons to follow the piles of bad press on timeshare resale companies and maybe even timeshares altogether. Who can blame you? Timeshares are rife with fees and even if you do use it, it is an expense that requires maintenance and does not appreciate in value. Few owners completely understand the liabilities and benefits of their vacation property, often coerced into ownership by a finely tunes sales professional.

BuyATimeshare.com has the highest rate of success for selling timeshares in the industry. For years people have been finding the right timeshare packages to suit all of their travel needs.

If an owner’s life is not conducive to travel anymore, or if they cannot afford the expense, they typically look to rid themselves of the burden. And unless you are a trained sales agent with the ability to market your own timeshare properties, finding the right means of advertising is your best bet for selling a timeshare for anything close to the inflated price you may have paid from the timeshare developer.

As consumers and businesses are slashing leisure and travel costs, few are going to even consider primary sales, with the resale market gaining speed like it is. After troubles in the stock exchange pummeling big-name developers, stock value has dwindled down to half what they were in 2007. Halting developments and lopping off sales departments, companies like Wyndham have staggered, with shares down 70 percent, Marriott down 46%, and Starwood shares down 62 percent—just to put things in perspective.

BuyATimeshare.com Provides Affordable Timeshare Vacations in Todays Economy December 28, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, Marriott Timeshares, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized , add a comment

In times when the U.S economy has been so rough, panic is setting in everywhere. The timeshare market had initially seemed impervious to housing troubles. But now throngs of people are being laid off and those who do have jobs are in a struggle. Fuel prices are dropping a bit but the airfare has not really changed. We are all feeling the pressure, though it is not too late to book travel. In this downturn it does not mean the end of vacations, holiday trips, and business travel.

Even during this year’s summertime hike in fuel prices, the timeshare market shook only a little. But as troubles affect everyone, the credit crunch has crushed so much that the timeshare market is crumbling under it own weight. After months and months of timeshare owners failing to afford leisure travel, more folks are unable to pay the fees and the financing of the $40,000 property they were sold by the developer.

But this is about timeshares, they are a great luxury when traveling and they can save you thousand of dollars on a trip anywhere across 6 continents. BuyATimeshare.com can get you cash for unwanted or unused timeshares. We bring a venue to the worldwide internet for buyers to find top brand resorts for 30 to 50 percent what the developer would market them for. When the owner of a timeshare was sold their package, chances are they were pressured a bit, convinced they could afford the grossly overpriced timeshare given the right financing.

Fitch Ratings illustrates the stressed timeshare marketplace with a timeshare ABS index that tracks the performance of the Asset Backed Securities. Fitch has reported a 34 percent increase in total delinquencies and a 52 percent increase in defaults. The outlook for the winter months, which is usually tough on resorts anyway, looks just as dreary. What is the reason for such poor performance? The timeshare debts being sold to the open market are not being honored. The developers are loosing their grip on the idealistic dream that everyone can afford a timeshare costing upwards of $30,000 USD.

But buying a timeshare can be done—cheap! Though high-pressure sales tactics get the job done, the debt cannot be honored if the consumer can genuinely not afford it. As the market gets tougher people aren’t abandoning timeshare as a travel alternative—the answer is finding better ways to acquire them.

The resale market is seeing this trend. While others still do take vacations and travel for the holidays, with airline surcharges doubling prices, most folks are not in a position to pay for them. Today most believe the reason to travel could not compare to the cost. As destitute timeshare owners are looking to sell off their burden, the resale market provides a way to transfer them to another person, and get cash for your vacation property.

The for-sale-by-owner market is priced to sell and a reliable way to buy without sales pressure. BuyATimeshare.com gives you a way to find thousands of timeshares and a team of timeshare professionals to handle the entire closing process. In an unsure market place, it is important to know where you can find the best services in an unpleasant economic environment.

The Timeshare Credit Crunch Saga: Part II December 10, 2008

Posted by Bryan Connelly in : ARDA, Customer Comments, Fairfield Timeshares, General, New Features, News & Events, RCI, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares , add a comment

Scary times for everyone during this holiday season. The cheer this year is high yet sung with bated breath as U.S. employers already cutting 533,000 jobs since November. It is no wonder the tension is hitting home. This is the largest number of job losses since 1974. Numerous manufacturing and service companies are cutting employment by the throng. Timeshare demand is still high however, and travelers are still taking vacations. It is reliving to know that a much needed vacation, or holiday trip is still within a frugal grasp.

Westgate has laid off more than 3,000 employees and is looking at possibly cutting another 1,000. Wyndham is another struggling developer cutting costs (staff) where they can. Though other brands have made dramatic cut-backs, Wyndham has cut a whopping 13 percent of its workforce! Times got real tough once the credit market dried up. Wyndham immediately eliminated sales offices and marketing program. Since Wyndham Worldwide Corps., which finances 70 percent of their timeshare sales, did so by lending the customers the money to buy their vacation properties.

Developers then sell the loans into the market as securities backed by the receivable payments. A global credit freeze triggered by U.S. residential property defaults has abolished investor demand for all types of assert-backed securities. This has forced companies to tighten criteria and provide more limited financing. After the troubled housing market plummeted, investors worry that defaults on timeshare loans will spike. Those concerns have weighed particularly on Wyndham’s stock, which has lost more than 75 percent of its value this year.

Read Part I

Read Part III

Travel Industry Rebounds in Poor Economy November 8, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Disney, Fairfield Timeshares, General, Hilton Grand Vacation, JetShare, Marriott Timeshares, New Features, News & Events, RCI, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

Despite folks paring costs anywhere they can, consumers have not completely cut leisure travel out of their lifestyle. The travel industry is bouncing back. People who do still travel are adapting their annual routine, staying closer to home for a change. The attitude that followed the U.S. financial crisis has caused people to vacation at their own part of the country—enjoying their nearby cities and mountains. People are seeking more local destinations, finding unbeatable deals on their own side of the ocean and not giving up their plans to travel.

Rather than buying airfare to cross the open seas, Americans are exploring Canada, Mexico, Central and South America. Both the Peso and the Canadian dollar have dropped significantly, making travel to these country and great value for neighboring Americans. Today, people are forced to look deeper for deals on everything from gas to Christmas presents. They are beginning to explore the timeshare industry as an alternative to hotels or staying the night on grandma’s futon.

Owners of timeshares at far-off tropical destinations for instance, have not been able to ante up to the airfare, let alone venture the cost of fun. So their international timeshare sits and waits while the owner searches further to get the best deal for this year’s holiday trip. At timeshare resale companies like BuyATimeshare.com we are seeing a tendency in those who rent and buy timeshares. Consumers are placing less emphasis on international trips, only traveling as far as Hawaii to vacation, and renting a resort near their family for the holidays.

People are become more educated about the timeshare industry they are reaping the benefits of the resale market. BuyATimeshare.com has made buying timeshares on the resale market as easy as it gets. Like everything, you always pay less when it’s ‘used.’ But a stay at a luxury resort does not carry any ‘used-car’ problems—and will cost far less than retail. The search for value is greater than ever and travelers will cut back on spending by shortening trips and down scaling the level of hotel they stay at, and have switched to a more local destination. With companies like BuyATimeshare.com looking to sell timeshares, there is no reason to spend too much or cut back too much on your next vacation.

Resorts Fend Off Timeshare Resale October 27, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Fairfield Timeshares, General, Marriott Timeshares, New Features, News & Events, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Wyndham Timeshares , add a comment

The timeshare developers and the primary market have always been concerned with the creation, marketing and sales of new products. As far as resale is concerned, they have little or no value to the developer. But like the automotive industry, resale is always cheaper, as a deeded property, they do have value! How would you feel if you got sold a vehicle for a ‘great’ price, then saw that same car or better selling for 50 percent less? Buying doesn’t have to be game of dodging tricks and tactics—and there are no used car problems. Shop online to plan your next vacation, and spend however much money you want. Depending on where you shop, you can tailor your vacation right down to the suite.

Timeshare resale companies like BuyATimeshare.com, however, lead the business in bringing vacation properties back to life. Where an otherwise static timeshare would sit unused, the resale company makes sure that property continues to bring an unforgettable experience to people, revenue for the resort owner, and tourism for the area. Regardless of the extra bait the developer will wave in front of you, buying your timeshare on the resale market does not involve a sales pitch. Shop online, find BuyATimeshare.com and spend however much money you want and tailor your vacation right down to the very resort, suite and view.

The resort developers are unfortunately very active in discouraging the secondary timeshare market cutting extras wherever they can. For every disappointing quarter they report, a new fee is incurred by owners and they are ever-changing. Wyndham has begun collecting fees on guest certificates and offering VIP Memberships to primary sales owners only. If you want to lend your week to a family member, or rent your timeshare out for the year, it will cost you close to $200. An owner of 300,000 or more Wyndham points is considered VIP Member, but Wyndham will not recognize you as VIP after resale.

Starwood Resorts have taken action against resale by not allowing memberships to retain any SVN or Star options. Marriott owners have the option every-other-year to trade their weeks for Marriott Hotel Points, they do not offer this to resale owners. Marriott points often fail to transfer as well; but you can always purchase them afterward. You will still spend a lot less than the $20,000 extra that the developer will market them for. Bluegreen Travelers Plus doesn’t transfer, and none of the extras either. But whatever superfluous options you miss by buying resale, it is not worth the thousands of dollars you save. Buying for-sale-by-owner carries no mark up, no broker fees or commission, and no sales pressure to buy!

BuyATimeshare.com Presents V.I.P Club Membership October 17, 2008

Posted by Bryan Connelly in : ARDA, Bluegreen Resorts, Customer Comments, Fairfield Timeshares, General, Hilton Grand Vacation, Marriott Timeshares, New Features, News & Events, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares, silverleaf , add a comment

BuyATimeshare.com, the leader in timeshare resales, has recently developed a V.I.P Club for owners looking to sell their timeshares. Over the past year we have seen great success with ‘Featured Properties’ and ‘Hot Deals.’ In an effort to provide the maximum exposure possible, V.I.P members will receive 10 times the exposure and typically result in a quicker sale.

When a buyer searches through our extensive inventory, they have over 3000 resorts across the globe to choose from. By browsing the alphabetically organized directory, choosing B for Bahamas, U for Utah, buyers are ready to find their timeshare. 3-V.I.P Club advertisements will show up so you don’t have to search any further. As the buyer refines the search a new set of V.I.P ads that fit the criteria will appear.

We have been experiencing record sales and rental activity over the past quarter, and
traffic on our website continues to increase. We feel this addition to the search process will augment an ad’s exposure—making them even easier to find. “V.I.P Club members will receive unmatched exposure, and that means a faster sale” explains Wes Kogelman, Vacation Property Resales President. “People are finding it easier to buy online, and realizing the cost effectiveness of purchasing their timeshares at BuyATimeshare.com.” BuyATimeshare.com reported over $6.6milion in confirmed offers over the past month of September.

Brokers Buy A Timeshare Too September 9, 2008

Posted by Bryan Connelly in : ARDA, Customer Comments, Donate a Timeshare, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, JetShare, Marriott Timeshares, News & Events, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Westgate Timeshares, Wyndham Timeshares , add a comment

Lately brokers have been stepping up to the resale industry by shopping the BuyATimeshare.com website. For the past two months brokers have increased the use of our extensive inventory and are buying properties by the throng. Often they have numerous clients and have exhausted their own supply. BuyATimeshare.com, a leader in the timeshare resale industry, comes to the rescue. This relationship gives our clients the superior advertising they need, and coupled with brokers’ buying power; we have been making record sales every month for close to a year.

Many brokers and timeshare skeptics claim that timeshare resales are too complex for advertising to successfully work—but we really help each other. At Buyatimeshare.com we make sure your timeshare is seen by millions of potential buyers worldwide, when a broker makes a bid, we negotiate to get you the most, make sure your timeshare becomes a sold listing. In the past two months we can attribute over $178,640.00 worth of Marriott sales and over $213,000.00 worth of WorldMark sales by brokers alone.

Not only do we offer a listing in multiple domains, but we are the only company in the industry to have developed a Buyer Specialists department. These dedicated professionals are available to answer questions and guide buyers through the process. We have also employed a LiveChat option, for folks to discuss any questions or concerns they have along the way.

With the most extensive inventory of vacation properties in the industry, we can work with the broker so you don’t have to. BuyATimeshare.com allows you the chance to sell your valuable timeshare for what you want, instead of the lowest bid a broker will offer. There is commission to consider as well—with a broker charging upwards of 10% of the original cost. So, if you sell a $20,000.00 timeshare, you are liable to be charged $2,000.00. An advertising fee is nominal compared to the percentage brokers take. BuyATimeshare.com deals with these professionals anyway—so would you trade an upfront fee for a hefty commission, or would you rather keep the equity for yourself?