Timeshares are a popular form of vacationing these days and along with its popularity, are the many owners who are trying to get out of their timeshares due to a number of disadvantages. However, to avail such property doesn’t only mean you have to own it. Nowadays, timeshare renting is becoming an alternative for most people. Now, the question is which is better, owning a timeshare or simply renting one?
When you buy a timeshare, you don’t really own anything except the mere right and privilege to use a vacation property, for one week of the year, every year. The term “ownership” in timesharing is thrown around too loosely to make people feel like they are getting something of value, when really they aren’t. In addition, such properties are so hard to get rid of when you do realize how worthless your so-called investment really is. In fact, timeshare owners are even selling these so called properties on eBay for pennies.
On the other hand, renting a timeshare in some cases turns out to be more economical than other alternatives. As the popularity of timeshares has grown tremendously, there are many big names entering into the business enterprise now. As some owners couldn’t use their timeshares because of their hectic schedules, they allow their timeshares to be rented and usually at a very competitive price. The timeshares can be rented also through timeshare resorts who rent the units on behalf of their owners. But one great benefit of renting a timeshare is that you’re not involved with those increasing fees like maintenance fees. All that is needed is a one-time payment.
As many owners nowadays are trying to get rid of their timeshares while some even hire a timeshare transfer company such as the Transfer Smart, a number of vacationers are looking for better alternatives. One of these great alternatives is renting a timeshare. Compared to owning one, this option might have more advantages like you’re free from maintenance fees and you’ll have the freedom to choose any location you like without getting tied to it every year.