VI Vacation Timeshare
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VTS Points
Vacation Time Shares

John Hobbs, Owner
(425) 949-7178
(800) 481-2871

John Hobbs - VTS Points owner

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How Does Timesharing Work


How Does Timesharing Work?

There are many different types of vacation ownership products available on the market today, but these can be divided into 3 main categories:

bullet Points based timeshare ownership
bullet Traditional timeshare ownership
bullet Fractional timeshare ownership

Points Based Timeshare Ownership (also often called vacation club memberships)
refer to a system in which owners are allotted a specific # of points per year, which can then be exchanged for accommodations at a variety of in-network resorts.  Points function much like traditional timeshares, in that they are often tied to a specific usage season.  However they offer the added flexibility of being able to book shorter stays in larger units (or vice versa).

Traditional Timeshare Ownership
refers to the purchase of an interval of usage at a single resort. Ownership is usually tied to a particular unit or unit type (1, 2, 3 bedroom) and falls within a set week or within a season (a specific time of year or range of weeks when the owner can use his / her timeshare).

Fractional Time Share Ownership
refers to the purchase of a much larger increment of time (usually a set block of weeks) and is a good for travelers who are able to vacation for more than 1 or 2 weeks a year.  Some top brands features on our website such as Ritz-Carlton offer fractional ownership.  Fractional properties tend to be even more luxurious and expensive than traditional timeshares.

Each of these types of ownership products can be either fee-simple or right-to-use.

Fee simple refers to a deeded purchase in which you own the time share perpetually.

Whereas right-to-use refers to a lease like agreement in which your ownership expires after a set number of years. 

Timeshare Resales

By purchasing a timeshare resale (timeshares for sale by owner) on the secondary market, you can save as much as 70% OFF the price of purchasing that same timeshare directly from a resort or vacation club.




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