What is a Timeshare and How Does it Work?

By Noah Belachew

What is a Timeshare?

A timeshare is a resort or vacation property split into shared or fractional ownership. This ownership is usually in weekly increments.

How Does a Timeshare Work?

Timeshares used to give owners a fixed week at their resort every year. Now, many brands offer a points-based system that allows for greater flexibility and freedom.

Fixed Week Timeshares

You buy a one week increment at a specific resort that never changes. Benefits include not having to plan ahead to make reservations, and you have a guaranteed time every year.

Floating Week Timeshares

A floating week allows owners to reserve any week throughout the year on a first-come, first-served basis.

Points-Based Timeshare

Each year, owners receive their annual allotment of points. This gives owners flexibility and control of when and where they book for varying lengths of time.

Why Do People Buy Timeshares?

A timeshare is like a home away from home. You get private bedrooms, large common areas, a kitchen, and often a balcony that offers a scenic view.

Timeshares vs Hotels and AirBnB

Timeshare suites are much larger than hotel rooms while having amenities like on-site dining and spas that AirBnb can't match. 

Renting a Timeshare

When you aren’t sure whether you want to own one yet, renting is the best way to give it a try before you buy. At TSO, we have timeshare rentals available. 

How to Buy a Timeshare

You can browse our marketplace and find units for sale. Then, just make an offer. Our trusted broker, Fidelity Real Estate, will reach out to solidify the details.

About Buying or Renting a Timeshare

At TSO, buying or renting a timeshare is simple and straightforward. Check out the link below to get started. 

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