Ask the Expert: Timeshares
by Hilarye
Lisa Ann Schreier
Timeshares have always intrigued me but have always confused me at the same time. It seems like everyone we know has one and have really enjoyed their experiences. But I had so many questions and there are so many different types of timeshares and programs and point systems out there, how do you choose? It’s a pretty big commitment. I decided to take these questions right to the expert to make an educated decision.
Lisa Ann Schreier is a former timeshare salesperson at several of Orlando’s top timeshare resorts, Lisa now dedicates her time to educating consumers about the product and striving to be a catalyst for positive change in the industry. She is the author of two best-selling books…”Surviving A Timeshare Presentation…Confessions From The Sales Table” and “Timeshare Vacations For Dummies” in addition to the co-author of the college level textbook “Timeshare Management-The Key Issues For Hospitality Managers.”
DTM: What is a Timeshare?
LS: In the simplest terms, a timeshare is owning your vacation accommodations as opposed to renting them. A timeshare is simply another vacation accommodation alternative. Another way of thinking of it is that when you purchase a timeshare, you are purchasing your future vacations at today’s prices.
DTM: Why is a Timeshare a good option for families?
LS: Timeshares can represent a good option for families because more often than not, they have use of larger vacation accommodations and these usually include a kitchen. Space, more facilities, more amenities, generally overall “nicer” accommodations both within room and throughout the resort.
DTM: How do Timeshares work?
LS: In the United States, most timeshares are deeded. So you own a piece of property for a portion of the year. You can then use that timeshare property at your home resort (where you purchased) or at other affiliated resorts throughout the world. There are two (2) major exchange companies…RCI and Interval International and several smaller exchange companies out there. You can exchange or trade your timeshare (subject to certain rules of course) to another timeshare.
