You are here:
- Home
- Shopping
- Vacation Homes/Time-Shares
- Time-Shares
- RCI points timeshare
Time-Shares/RCI points timeshare
Advertisement
Question
We recently bought a RCI timeshare in Orlando FL. It seemed like a good deal. We bought a two bedroom that some one else had traded in on a bigger condo. With the points we are not limited to vacation there in Florida. We also have unlimited vacation times in a year. We haven't taken vacations on a regular basis, but our children are older now where they will be able to go on there own. I am uncertain if this is a good investment. If we paid $15,000 for this timeshare will we be able to sell it later for more money? In other words do these timeshares appreciate in value. Thank you for any answers you can give.
Timeshares almost never appreciate in value - most go down in value. The very best of timeshares sell at about 50% of retail. If you are going to buy a timeshare, speak to an experienced resale broker to see what product is right for you and get a good idea of prices by going to eBay.com and searching on timeshares and the names of timeshares you are interested in buying.
Related Articles
- Realistic Versus Unrealistic Expectations - Family Guide to Timeshares
- Common Mistakes and Myths - Personal Finance in Your 40s & 50s
- Buying Timeshare - 7 Timeshare Tips Every Consumer Should Know
- Introduction to Family Guide to Timeshares
- How Many Timeshares Are “Unsellable”? - Family Guide to Timeshares
Andreas Rossler
Expertise
I'm able to answer general questions on timeshares and specifically in regard to purchasing, renting or exchanging timeshares on the secondary or resale market and through the Internet. I have expert knowledge in sales, mechanics (how and why timeshares work), and timeshare exchanges. I am also well versed in timeshare financing and may be able to guide you to better financing or refinancing options for your timeshare purchase. If you ask questions of a legal nature, or those requiring tax advice - I may not be able to answer fully.
Experience
I have 10 years of industry experience in sales, management and processing. I'm currently CEO of Timeshare Village, a resource for timeshare owners and industry professionals.
Organizations
Mensa - Life Member
Publications
I have been interviewed by Channel 7 News in the Bay Area of California regarding my opinions on Worldmark, the Club timeshares as developed by Trendwest-Wyndham Resorts.
Education/Credentials
MBA - Master's in Business Administration
BS - Mathematics
BA - Economics
California Real Estate Broker
©2012 About.com, a part of The New York Times Company. All rights reserved.