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Holiday Ownership Resale Source
Holiday Ownership Resale Source
YES! we´re cutting resort prices by half and more!
Timeshare: "a future guarantee of year-on-year quality holiday accommodation, whether an owner chooses to stay at their
home-resort or exchange elsewhere. Timeshare wherever it may be, always promises a `home from home´ environment."
Thinking of buying a holiday ownership resale? Save Thousands on Holiday Ownership Resales. Buy a timeshare resale and enjoy vacation ownership at top resorts. We offer a full Resale Service on timeshare / resort holiday ownership. We have a great selection of timeshare resales, some at bargain prices. If you don’t see what you are looking for on our Latest Properties (left) please email us and we will do our best to source your desired timeshare.
Thinking of selling your holiday ownership? We set up, co-ordinate and execute the resale of timeshare / resort holiday ownership. Resale Closing is made easy with transferweeks.com. We are experts in closing resales and preparing for Transfer of Title. Offering maximum exposure & promotion, our listings are exposed to an audience of thousands of interested resale buyers. We ensure ownership and money are safe and we're dedicated to providing good service. If you are already one of our registered sellers and would like to advertise your ownership in our Latest Properties section (left) please click on to Costs and Services for charges.
Thinking of simply giving up your ownership? Why not donate it to charity? We will take your week in (as long as it is free from any encumbrances) market it and as soon as a sale is made, the profit will go directly to a registered charity of your choice. Once the deal has been concluded, we will forward to you, the charity´s confirmation of receipt of funds for your own personal records.
Holiday Ownership Exchange Companys.
Get the most out of your timeshare by swopping like for like all over the world. Check out the following exchange companies for information by clicking on the icons below of Dial An Exchange - RCI - Interval International.
Get the most out of your timeshare by swopping like for like all over the world. Check out the following exchange companies for information by clicking on the icons below of Dial An Exchange - RCI - Interval International.
TIMESHARE RELATED NEWS
The Organisation for Timeshare in Europe
The Organisation for Timeshare in Europe, was established to improve representation for reputable companies in the timeshare sector and promote fair trading, quality within and growth of the timeshare industry.
Contact: OTE aisbl Consumer Services - (Head Office) Oak House, Cours St. Michel 100/3, 1040 Brussels, Belgium.
Tel: +32 2533 3060 Fax: +32 2533 3061,
email:
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(beware of timeshare scams- for example: a timeshare owner/vendor will receive a unexpected call from a (bogus) timeshare company promising to sell their timeshare. The (bogus) company will promise that they have a buyer willing to pay more than the current market value of the timeshare as long as the owner pays the legal fees of around £750+ upfront to secure the deal. Once this money has been handed over, the timeshare owner never hears from the (bogus) company again. Sadly, to date this scenario has been repeated thousands of times over - dooping thousands of desparate timeshare owners/vendors.) We at transferweeks.com have heard several very very sad stories from a few of our very own clients. (The Daily Mirror newspaper online have also covered such stories in a bit to highlight the problem) So again, please beware!
BEWARE OF SCAMS
If you are contacted by phone and receive attractive offers (from seemingly genuine sounding brokers) for the sale of your weeks, do not agree to the request of any cash advance payments. Especially by your credit card! This is a big scam. Remember the golden rule in timeshare resale: Money only travels one way in the event of a sale and that is from the buyer to the seller.
You have been warned
You are welcome to contact us for advice.
Regulations that implement the European Fair Trading Directive in the UK are set to deliver better consumer protection, cut red tape and put in place a simpler and clearer consumer law that will be easier to interpret and enforce.
(beware of timeshare scams- for example: a timeshare owner/vendor will receive a unexpected call from a (bogus) timeshare company promising to sell their timeshare. The (bogus) company will promise that they have a buyer willing to pay more than the current market value of the timeshare as long as the owner pays the legal fees of around £750+ upfront to secure the deal. Once this money has been handed over, the timeshare owner never hears from the (bogus) company again. Sadly, to date this scenario has been repeated thousands of times over - dooping thousands of desparate timeshare owners/vendors.) We at transferweeks.com have heard several very very sad stories from a few of our very own clients. (The Daily Mirror newspaper online have also covered such stories in a bit to highlight the problem) So again, please beware! BEWARE OF SCAMS
If you are contacted by phone and receive attractive offers (from seemingly genuine sounding brokers) for the sale of your weeks, do not agree to the request of any cash advance payments. Especially by your credit card! This is a big scam. Remember the golden rule in timeshare resale: Money only travels one way in the event of a sale and that is from the buyer to the seller.
You have been warned
You are welcome to contact us for advice.
Regulations that implement the European Fair Trading Directive in the UK are set to deliver better consumer protection, cut red tape and put in place a simpler and clearer consumer law that will be easier to interpret and enforce.
BEWARE OF SCAMS
If you are contacted by phone and receive attractive offers (from seemingly genuine sounding brokers) for the sale of your weeks, do not agree to the request of any cash advance payments. Especially by your credit card! This is a big scam. Remember the golden rule in timeshare resale: Money only travels one way in the event of a sale and that is from the buyer to the seller.
You have been warned
You are welcome to contact us for advice.
2008 Regulations that implement the European Fair Trading Directive in the UK are set to deliver better consumer protection, cut red tape and put in place a simpler and clearer consumer law that will be easier to interpret and enforce.
Officially termed the Consumer Protection Regulations (CPRs), they will ban 31 types of unfair sales practices including bogus closing down sales, prize draw scams and aggressive doorstep selling. They will also close loopholes that rogue traders have previously been able to exploit.
According to a Government statement, the Regulations replace and improve on provisions in 23 existing laws, establishing a modern framework that is easy for consumers, businesses and enforcers to understand.
The Fair Trading Directive – officially known as the Unfair Commercial Practices Directive – will establish consistency of trading across the European Union, making it easier to market goods and services to an internal market of 460 million consumers.
Most provisions of the regulations will be enforceable by both criminal and civil sanctions. If approved by Parliament, they will come into force 26 May 2008.
**AGREEMENT REACHED ON TIMESHARE LAWS IN DUBAI* 2008 The authorities in Dubai a focal point for shared ownership
products and services in the Middle East have approved new
regulations for the industry.
In formulating the new laws, the two main exchange companies,
Interval International and Group RCI, worked with the Real Estate
Regulatory Authority (RERA), the Emirates Department of Economic
Development and Dubailand, the largest tourism and entertainment
project in the region.
LUXURY PROPERTY SET TO OPEN IN DUBAI*
An agreement has been reached for the soon-to-be opened Bavaria
Executive Suites in Dubai to be affiliated to Group RCI. The
developer is Al Ghaith Holdings, based in the United Arab Emirates.
The development comprises some 450 one- and two-bedroom apartments
and will be one of the largest timeshare vacation clubs of its kind
in the Middle East and North Africa region.
In addition, it will have 2,100 luxury suites, all with 5-star
amenities, eight restaurants, sports facilities, shopping arcades and
a spa.
SURVEY REVEALS POSITIVE TRENDS 2007
**AGREEMENT REACHED ON TIMESHARE LAWS IN DUBAI* 2008 The authorities in Dubai a focal point for shared ownership
products and services in the Middle East have approved new
regulations for the industry.
In formulating the new laws, the two main exchange companies,
Interval International and Group RCI, worked with the Real Estate
Regulatory Authority (RERA), the Emirates Department of Economic
Development and Dubailand, the largest tourism and entertainment
project in the region.
LUXURY PROPERTY SET TO OPEN IN DUBAI*
An agreement has been reached for the soon-to-be opened Bavaria
Executive Suites in Dubai to be affiliated to Group RCI. The
developer is Al Ghaith Holdings, based in the United Arab Emirates.
The development comprises some 450 one- and two-bedroom apartments
and will be one of the largest timeshare vacation clubs of its kind
in the Middle East and North Africa region.
In addition, it will have 2,100 luxury suites, all with 5-star
amenities, eight restaurants, sports facilities, shopping arcades and
a spa.
SURVEY REVEALS POSITIVE TRENDS 2007
The OTE´s online survey of 15,000 British timeshare owners took a `no-holds-barred´ look at how timeshare owners view their investments, particularly when compared to other types of holidays. The overwhelming majority - 75% of those polled - were satisfied with their choice. Some 65% like the freedom that timeshare gave them - to do what they wanted - and when they wanted, and 68% thought timeshare offered much better value than other types of holidays, citing the good quality of accommodation, level of comfort, choice of facilities and so on.
TIMESHARE NEWS SHARED 2007
SURVEY REVEALS POSITIVE TRENDS The OTE´s (The Organisation for Timeshare in Europe) online survey of 15,000 British timeshare owners took a `no-holds-barred´ look at how timeshare owners view their investments, particularly when compared to other types of holidays. The overwhelming majority - 75% of those polled - were satisfied with their choice. Some 65% like the freedom that timeshare gave them - to do what they wanted - and when they wanted, and 68% thought timeshare offered much better value than other types of holidays, citing the good quality of accommodation, level of comfort, choice of facilities and so on.
HOTTEST TIMESHARE DESTINATIONS 2006: Scotland, Italy, Madeira and still......Gran Canaria!
OTE - The Organisation for Timeshare in Europe.
When the 1994 Timeshare Directive came into place, the European timeshare industry had no voice or representation at a European level. That is why RCI and II got together to form OTE and modelled it on ARDA (the world famous American timeshare exchange company) which had worked so well in the US.
OTE January 2007 - we have decided that we will leave this particular article on the site indefinately as it has long term relevance.
THE DANGERS OF DISCOUNT TRAVEL MEMBERSHIP CLUBS
JAN 07 - The Organisation for Timeshare in Europe (OTE) will host a round table briefing in London for consumer and trade journalists to warn the public of fraud stemming from Discount Travel Membership Clubs (DTMCs).
Participating in the session are: Mike Haley, Office of Fair Trading in the UK; Mary Luz Peñacoba, director of the Madrid-based European Consumer Centre; Michael Foundly, Seasons Holidays; Eugene Miskelly, Club La Costa; Frank Chapman, OTE UK, and Peter van der Mark, OTE.
The media briefing will be held at The Clink Prison Museum in South London.
To date some 55,000 holidaymakers in the UK have signed up as members of DTMCs and many are likely to run the risk of being defrauded, having purchased the right to buy holidays for a cost of up to £15,000.
In the minds of the public, the line between DTMCs and legitimate timeshare products is blurred. Perpetuated by the myth that these clubs fall under a timeshare umbrella, those consumers caught in DTMC scams are quick to complain loudly that they have been victims of unscrupulous timeshare operators.
The protection of those consumers who buy into DTMCs is, according to OTE, “a hot potato”. While the European Consumer Centre in Madrid prepares to take on the policing of these clubs, it is still UK residents who are falling prey to these products that promise the world but deliver very little.
As confusion reigns over who is protecting consumers, OTE and its members across Europe are entering into “a period of education” to show that DTMCs are NOT timeshare products.
Existing laws such as The Package Travel Directive, Distance Selling Directive and Contracts Negotiated Away From Business Premises are all applicable to DTMCs.
The panel of industry executives will stress to the media that DTMCs simply give members the right to book future holidays that in many ways are akin to package travel rather than timeshare.
They will also announce how OTE is implementing a programme of self-policing across Europe to fully disassociate these clubs from legitimate timeshare products. visit: www.ote-info.com
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Who is buying Timeshare:
Worldwide, typical timeshare buyers are upper-middle income, 30+ - middle-aged and married homeowners. But great diversity exists around this “typical” profile. Timeshare products priced to attract ordinary working people, and others oriented to only the very affluent, are available. |
2002 Worldwide timeshare figures
The figures below have been kindly provided by Ragatz Associates, a business unit of RCI, and are extracted from their “Resort Timesharing Worldwide: 2003 Edition Summary Report”. The industry is eagerly awaiting the circulation of the 2006 report.
- $9.4 billion timeshare sales in 2002
- 6.7 million households own the rights to about 10.7 million timeshare weeks
- 5,425 timeshare resorts, of which around 25% are situated in Europe
- North America hosts 31% of resorts, Latin America 16% (where Mexico leads with 40% in the region). Rapidly emerging Asia offers 14%, led by Japan, but with Thailand and India increasingly prominent.
- These resorts provide about 325,000 accomodation units worldwide
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