There are many different
types of vacation ownership products available on the
market today, but these can be divided into 3 main
Points Based Timeshare
Ownership (also often called vacation club
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).
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
Fractional Time Share
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
Fee simple refers
to a deeded purchase in which you own the time share
refers to a lease like agreement in which your
ownership expires after a set number of years.
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.