| Real Estate Industry Odd Duck is a Golden Goose Called Timeshare Resales |
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| Written by Timeshares Daily Staff | |
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When Barbara Corcoran talks about real estate, people have always paid attention, but with today’s shaky housing market, her advice is more valuable than ever. Corcoran is a self-made business mogul who turned a $1000 investment into The Corcoran Group, a five-billion-dollar real estate firm, which in 2001, she sold for $70 million. Recently, in an interview with NBC’s The Today Show host Natalie Morales, Corcoran shared her wisdom, this time on the subject of timeshare resales. Timeshares, according to Corcoran, are the, “…the odd duck of the real estate business.” Note that she wasn’t calling them an ugly duckling; Corcoran was simply pointing out that in the world of real estate, timeshares are different. The founder and CEO of SellMyTimeshareNOW.com, Jason Tremblay, elaborates on Corcoran’s comment, “The business model for selling new timeshare is highly unique, often involving giving away discount vacations and other gifts to many people in order to secure the sale of one timeshare to one buyer. Buying new timeshare is comparable to buying a new car, since it is front loaded with depreciation that is borne by the buyer who initially drives it off the lot.” Tremblay points out that other types of real estate, either residential or commercial, do not typically use this sales tactic and that while he concurs that timeshares are something of an odd duck, he points out that they can also be your own personal golden goose. “Buying timeshare is like a hedge against vacation inflation. You can lock-in the price of your resort accommodations for as long as you own your timeshare. Larger families don’t have to rent multiple hotel rooms, and with kitchen and dining areas in most timeshares, you can choose to eliminate the cost of restaurant dining from your vacation budget.” Reselling Your Timeshare When a viewer of The Today Show asked Barbara Corcoran specifically how to resell a Caribbean timeshare, Corcoran’s advice was succinct, “The best place to sell an odd duck is online.” She recommended dealing with a company that sells timeshares only, and suggested Tremblay’s company, SellMyTimeshareNOW.com. Her suggestion sounds especially solid once you learn that in five short years, SellMyTimeshareNOW.com has grown from a home-based business with three employees into the global leader in the online advertising and marking of timeshare resales and timeshare rentals. Averaging more than a million dollars each day in offers to buy timeshare or rent timeshare advertised on their website, SellMyTimeshareNOW.com is a rapidly growing company that currently employs more than 130 people in their Dover, NH headquarters. SellMyTimeshareNOW.com has achieved its success by using cutting-edge internet marketing strategies and search engine optimization combined with old-fashioned, customer-centric service and individualized attention to clients’ needs. Recognizing that the Internet offers a global marketplace of interested timeshare buyers and timeshare renters, the website for SellMyTimeshareNOW.com features a vast inventory of available timeshare resales and timeshare rentals that you can search by either resort name or geographic location. In the second quarter of 2008, as other businesses struggled in the weak US economy, SellMyTimeshareNOW.com reported that offers to buy or rent timeshare were up 92 percent over the same quarter 2007. The company has clearly claimed its share of cyberspace. Type words or phrases such as ‘timeshare rental’; ‘sell timeshare’; ‘Florida timeshare’, or any other search terms you might use to find vacation resorts on the Internet into Google, Yahoo or your favorite search engine. Consistently, SellMyTimeshareNOW.com will appear at or near the top of your search results. Timeshare owners who want to rent or sell timeshare recognize that if they are easily finding timeshares advertised by SellMyTimeshareNOW.com all over the Internet, then prospective timeshare buyers and renters are finding them too. With an average of 2.2 million website visitors per month to the SellMyTimeshareNOW.com website, clearly many web users have come to the same conclusion as real estate guru, Barbara Corcoran, recognizing that online is the only logical way to buy, sell, or rent timeshare. Yet despite all the glowing things Tremblay and his company say about the opportunities for vacation ownership through timeshare resales, he is quick to remind people to manage their expectations. Tremblay advises them that reselling your timeshare rarely happens overnight, especially if you own timeshare at an older resort, a less popular destination, or during the off-season. “Do not buy timeshare thinking it is a financial investment. If you decide to resell a timeshare, especially one you bought through a developer, you will almost always have to sell it below your original purchase price. In this way, timeshare really is different from other types of real estate.” The greatest rewards of owning timeshare or a timeshare resale, it seems, may not be measurable in dollars and cents. Consider how much easier owning timeshare will make your vacation planning, allowing you to enjoy more relaxation and time shared with family and friends. Or, that timeshare helps you commit to taking at least one week of leisure each year to counterbalance the other fifty-one you spend with your nose to the grindstone. Timeshare may not be real estate in its typical form, but there are millions of satisfied timeshare owners who will tell you that this odd duck comes with some very meaningful lifestyle benefits. SellMyTimeshareNOW.com provides internet advertising and marketing for timeshare owners who want to sell or rent timeshare. Founded in 2003, the company now employs 130 people and is headquartered in Dover, New Hampshire, USA. In 2008, SellMyTimeshareNOW.com has presented its customers over $300 million in offers to buy or rent timeshares and currently receives more than two million website visitors monthly. Jason Tremblay is the CEO and president of SellMyTimeshareNOW.com SellMyTimeshareNOW.com Toll free (877) 815-4227 (603) 516-0200 email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |
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