How to Rent a Timeshare
There are over 1,549 timeshare resorts in America, and the size of the timeshare industry amounts to $8.1 billion! With so many timeshare options on the table in the domestic market alone, it’s worth looking into what all the fuss is about with timeshares.
One way of enjoying a timeshare is to rent one. By doing so, you can skip all obligations attached to timeshare ownership. You’ll also be able to enjoy multiple resorts in various locations
In this guide, we’ll talk about how to rent a timeshare and the benefits of doing so. Let’s get started!
What Is A Timeshare?
A timeshare in a vacation home or property that people pay to own or have the right to use at allocated times during the year. Since most people pay to use a timeshare for a week, there often can be 52 timeshare owners for one property with the classic timeshare model.
However, there are different types of timeshares these days, with the most popular model being points-based. With a points-based system, timeshare owners can choose from various properties and resorts owned by the same timeshare provider.
How To Rent a Timeshare for Renters
It’s becoming more common these days to see timeshare cancellation because people are realizing that they have more options when they rent a timeshare. There are instances, though, where people like to rent a timeshare to try it out before they buy it too. Whatever your reasoning is for renting a timeshare, here are some tips on how to do it:
- Dedicate time to research online
- Have a checklist of your wants and needs in a timeshare
- Make a shortlist of timeshares
- Compare the pros and cons of each one
- Choose your timeshare
- Check the dates
- Fill in the booking form
As you can see, it’s quite a simple process. When you start your research, see what’s available for your budget range. Then you can make a realistic checklist of the things you want and need in your timeshare. For instance, you might want pool access, family-friendly facilities, and something near the beach.
Once you have your shortlist of timeshares, it’s time to start comparing them to see which ones check all the boxes and which ones fall short. Eventually, you pick one, but then you need to make sure the dates are available for when you wish to rent the timeshare.
The last thing to do when everything checks out OK is to fill in the online booking form to rent the timeshare. From this point, the booking agent should deal with everything leading up to you using the timeshare. Keep in mind, when using a booking agent, there will be an extra fee for their services.
Extra Timeshare Tips for Renters
Here are a few extra tips that can make choosing and using a timeshare rental easier and more enjoyable:
- Avoid high-in-demand timeshare locations
- Rent in the off-season
- Make sure to shop around
If you have your heart set on a high-in-demand timeshare location, it’s likely going to be a stressful experience to find one that suits your needs. It’s also going to be pricey!
A better idea is to spend time looking at timeshares that aren’t in high demand. Yes, you may have to sacrifice some wants on your checklist, but the overall experience might be much more enjoyable in the long run if you opt for a low-demand timeshare.
One factor that plays a heavy role in the demand for timeshares is the time of year. When it’s the holiday season, of course, the demand for the best timeshare locations is going to be sky-high! If you can manage to get time off work in the off-season, then it will be much easier to lock in the timeshare you want.
Shopping around is crucial if you want to find a little gem of an opportunity with a timeshare. For instance, most websites that show timeshares for rent will have multiple pages of offerings.
If you just look at the first two or three pages, you’re not giving yourself a chance to see what’s fully available on the market. This means you could miss out on finding that little gem of a timeshare rental that you’re after.
Who Should Rent a Timeshare?
If you haven’t got the capital, but want to enjoy all the perks of a timeshare, renting one might be your best solution. Timeshare properties tend to be like homes away from home, which is often much different from hotels and vacation resorts.
A timeshare home will have all the facilities and more that you are used to having at home. This makes them ideal for large families where cooking at home makes more financial sense than dining out at restaurants every night. As well, some timeshare properties will be dog friendly, with all the facilities you need to take care of your furry friend.
Furthermore, you can expect a timeshare home to be very large with plenty of outdoor space to enjoy. They often have large patios, barbecue facilities, and even fire pits where you can sit and wile away the evening hours with a glass of wine under the stars. Also, many timeshare locations are unique and may be well-positioned in beautiful natural surroundings, whether it be inland or by the beach.
Timeshare Rentals are Convenient and Hassle-Free
In the end, the biggest draw to renting a timeshare is they are super convenient for families or large groups. We hope now you have a much better understanding of how to rent a timeshare.
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