1121 S. Military Trail #301, DeerField Beach, FL. 33442-7604
Phone: Main (954-585-9273) Sales (954-585-9285) Fax: (954-419-9312)
Email:email@example.com Web Site: www.resorttimesharemarketing.com
What is a Timeshare?
A timeshare is a form of vacation property ownership in which the owner has a deeded or right to use agreement with a resort for a designated period of time. Timeshares have become a great alternative to the high cost of owning a vacation home.
What is the difference between fixed, floating and flex weeks?
Fixed Weeks will usually be identified by a number. For example, the first week of January is Week 1, and the last week of December is Week 52. Most fixed weeks begin on Friday, Saturday or Sunday. When you have a fixed week you can only stay at the resort during your assigned week.
Floating Weeks require you to contact the resort to designate your desired week. You can make a reservation for any time during the calendar year based on a resort's availability (some weeks are always excluded for upper level memberships).
Flex Weeks require you to make a reservation to an assigned season. Flex time may be labeled by season (winter flex, summer flex, etc.) or by color (red, white, blue, etc). The terminology varies between the different vacation resort companies.
What are Points?
Points are units of measurement used to establish the value of seasons, sizes of suites, and resort locations. Primarily multi-destination resorts such as Wyndham, Blue green and Monarch use points. Multi-destination point programs offer the owner a variety of resorts to choose from as well as flexible use options.
What is an Exchange Company?
An exchange company gives you the option to stay somewhere other than your home resort. You can exchange your week for one at a comparable resort. There are several timeshare exchange companies, but two of the largest are Resort Condominiums International (RCI) and Interval International (II). RCI and II are affiliated with over 5400 resorts around the globe. You can become a member of your home resort exchange company, or use the services of any independent resort exchange companies that best meet your specific travel needs.
What is a Banked Week?
When dealing with an exchange company, the owner has the option to reserve or deposit unused weeks to be used at a later time. The owner typically has 2 years to use the week in the exchange company's network of resorts. However, for a fee the banked time can be extended up to one year.
What is the difference between a Five-Star resort and a Gold Crown resort?
A Five-Star resort is the most desirable rating for a resort in the Interval International (II) system. A Gold Crown resort is the most desirable rating for a resort in the Resort Condominiums International (RCI) system.
What is the difference between Red, White and Blue Seasons?
Each resort will have different seasons, and this has a significant impact on the demand of any timeshare property. Most resorts use 3 principal colors to determine the demand of the season. Red is peak or high season, white is mid season and Blue is off peak or low season. Since demand affects price and trading power, seasonal fluctuation of demand is an important factor to consider.