Ok, most people who visit this blog know what a timeshare is, a form of fractional ownership that gives the right to use a piece of property for a certain amount of time each year.  It could be an economical way for vacationers who uses all of their allocation each year in comparison to a hotel or even second home.  You get the benefits of enjoying and relaxing, and not the headaches of managing it.

Now let's go over the process that someone buys a timeshare.  Often many people buy it under pressure from the sales people who stand to earn a hefty commission from each sale.  The timeshare companies often use an incentive, such as free vacation, gift certificate, or both to lure people to presentations either onsite or at a local sales office.  They're then dazzled with pictures, movies, and power point of owners having the times of their lives.  If it was a group presentation, prospective are then led to a 1 on 1 meeting with a sales representative who will then explain the benefits of joining.  Due to the liberal amount of numbers presented, most people could become easily overwhelmed.  At the end of the presentation, the sales representative would close the sale and ask for the prospect to sign up.  Either way though, you've definitely earned that gift for sitting through something as exciting as going to a used car lot.

So why then sell the time share?  Well often people's lives change.  They might divorce, move away, or need to raise some money.  Whatever the circumstance, they need to find someone who'd be willing to buy it.  This could be family, friends, coworkers, or even the time share outfit who sold it to them in the first place.  And in the information age, the sale is often to a stranger through an online exchange such as redweek, where instead of simply sell, you can also buy, rent, or exchange your timeshare rights.