Top five's

Top 5 Reasons To Rent Out Your Timeshare

May 14, 2019

Don't lose money selling or cancelling your timeshare! Keeping your timeshare and renting it out is a great option for timeshare owners! Right now is actually a great time to rent your timeshare unit. The rental business is thriving with a 20% increase from 2016 to 2017 - according to ARDA, rental revenue increased from $1.9 billion in 2016 to $2.3 billion in 2017. Renting is one of the few options that allows you to make best use of your timeshare without feeling at a loss with your timeshare interest! Continue reading to discover the top five reasons why you should rent out your timeshare!

1. Can't use it this year - rent it out. Your points won't get wasted
In some timeshare systems, owners receive a deed to a particular timeshare property or unit that entitles them to a certain number of points/credits/intervals that are used for a number of nights in that timeshare resort each year. Renting out your timeshare can ensure that your points aren't being wasted when you can't use your timeshare one year.

2. You can recover some of your expenses or maybe even make extra money
If you can't use your timeshare, you may be able to recover some of your cost for the year by renting it out through your HOA or timeshare company. Renting out your timeshare involves less risk than selling through a third-party exit company and potentially falling victim to a timeshare exit scam. If you are thinking about selling, cancelling, or exiting your timeshare, click here for more information about your options.

3. You can cover some of the costs of your timeshare maintenance fees
Renting out your timeshare unit can be the ideal way to cover some of your maintenance fees when you aren't able to use your timeshare yourself. Your timeshare maintenance fees keep your timeshare resort beautiful and clean, and your timeshare unit up-to-date, modern, and comfortable. Renting is a great way to keep your timeshare, while also taking care of the cost to maintain its beauty.

4. Rent it instead of exiting and keep your unit for future vacations
Before selling or cancelling your timeshare, it's important to consider all of your options. The benefits of timeshares are their ability to keep up with their owners' changing needs. Whether you are single, married, have young or adult-age children, or are retired, timeshares are flexible and can be adapted to fit your lifestyle. Most programs even allow you to pass your timeshare on to your children. Keep your timeshare for a vacation later down the road, you will always be able to own your vacation no matter what phase of life you're in!.

5. Share the benefits of timeshare with others
If you can't use your timeshare one year, rent out your unused time to another family! You can have peace of mind knowing another family is enjoying all the benefits of timeshare instead of feeling guilty that your timeshare unit is sitting empty.

The easiest way to rent your timeshare is to work with your HOA or timeshare company, some timeshare companies even have their own rental programs.