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Vacation rental is a term in the travel industry meaning renting out a furnished apartment or house on a temporary basis to tourists as an alternative to a hotel. Vacation rentals have long been a popular travel option in Europe (especially in the UK) as well as in Canada and are becoming increasingly popular across the world. They are often referred to as self-catering rentals or villa rentals. In some cities, like Barcelona, local authorities determined that vacation rentals were becoming a threat to the hotel industry and passed some legislation placing regulations and limits on the industry, while in others, such as England, Ireland, France and Spain, the government promotes and certifies holiday rentals, even offering its own program of holiday/vacation rentals.
Methods of use
Owners can:
* Use their usage time
* Rent out their owned usage
* Give it as a gift
* Exchange internally within the same resort or resort group
* Exchange externally into thousands of other resorts
* Sell it either through traditional advertising, online advertising or by using a licensed broker
Todd Ferron Real Estate :Testimonials
Here are several Satisfied Vacation Property Resellers customers and their comments...
Dave & Jill Miller Columbus Oh, Says,
"Thanksfor selling our Westgate Village timeshare. We listed our timeshare with two other companiesand had no results. We listed with your company and sold it. The staff is great and very easy to work with!"
Jose from Orlando Fl, says,
"Hi, I am very satisfied. Excellent traffic, good results. I would recommend you to anybody who wants to rent their timeshares...Congratulations!"
Vacation Property Resellers Timeshare
Differences between villa/vacation rentals and timeshares
Consumers unfamiliar with the concept of a vacation rental may confuse it with the seemingly similar, but distinctly different, timeshare. A timeshare can still be rented as a vacation rental should an owner decide to put his owned week(s) on a vacation rental program. Many timeshare resorts offer quarter-ownership which offers the owner 13-weeks of ownership and, therefore, more weeks to offer for rental.
The industry is regulated in all countries where resorts are located. In Europe, it is regulated by European and by national legislation. In 1994, the European Communities adopted the "The European Directive 94/47/EC of the European Parliament and Council on the protection of purchasers in respect of certain aspects of contracts relating to the purchase of the right to use immovable properties on a timeshare basis", which was subject to recent review.
Vacation Property Resellers Best : Real property
The practice of joining together with family and friends to share ownership of vacation property has been around for many years. But the fractional property industry started in the US in the Rocky Mountains ski resorts in the early 1990s. These first fractional developments recognized that people did not want to buy whole homes, which they would only use for a few weeks a year in the mountains. According to research firm Ragatz Associates there were over 250 fractional developments in North America in 2006 and fractional properties can now be found throughout the world.
Todd Ferron Real Estate Some people want to sell timeshare but be separate from the process, letting someone else handle all the details, and for them it may be a great idea to work with a timeshare broker. And other people, just need help marketing their timeshare resale or perhaps handling the closing paperwork. The right choice for them could be a timeshare advertising and marketing company or perhaps a timeshare title transfer company. But it all goes back to choices…
Vacation Property Resellers Best Differences between villa/vacation rentals and timeshares
Consumers unfamiliar with the concept of a vacation rental may confuse it with the seemingly similar, but distinctly different, timeshare. A timeshare can still be rented as a vacation rental should an owner decide to put his owned week(s) on a vacation rental program. Many timeshare resorts offer quarter-ownership which offers the owner 13-weeks of ownership and, therefore, more weeks to offer for rental.
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