August 14th, 2008
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ETOO Resales. Exchange Companies - The Status Quo
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ETOO Timeshare would like to rephrase part of the “Review of the Timeshare Directive” prepared by the European Commission (1996) to summarize their opinion regarding exchange of timeshare.
“The possibility of joining an exchange scheme is often used in the marketing of timeshare and /or points as a positive argument. The major problems seem to be related to “overselling” of the advantages and the possibilities, leaving consumers disappointed because the requested exchange is not available, the timeshare product they have is not of sufficient value to be exchanged for the “5 star luxury resort” shown in the marketing, or with unexpected high costs related to exchange, having to pay annual membership fees as well as fees related to search and use of exchange.”
Etoo Resales News
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August 5th, 2008
Up until 3 years ago the best & most accepted way to re-sell timeshare or points was via the so called “fly-buy programme.” This meant sending all potential individual purchasers to the actual resorts to test drive a timeshare by staying in a unit on an inspection visit. If they liked what they saw, they would then purchase.Although it is still a very successful method of disposal, changes in time have brought forward an even more thriving alternative. Nowadays ETOO timeshare resales dispose of timeshare or points for many of our clients through Corporate Channels, i.e. companies which have an interest in your timeshare or points for reasons of entertainment / promotional or pure business. ETOO promote heavily to the corporate market and have since created a steady database of companies cooperating with us with regard to the disposal of timeshare or points.
Being the largest and oldest (over 14 years) timeshare resale company in Europe, you can confidently rely on ETOO to use every means available to efficiently dispose of your timeshare interest.Discover more at www.etoo.com |
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August 4th, 2008
Please explore our website www.etoo.com to find Etoo´s latest audited report which has been devised by Independent Auditors for the year 2006. Take some time to verify Etoo Resales, and surf through Etoo website to attain all other essential information that confirms that Etoo Timeshare are the market leaders in the European timeshare resale industry. You will find that Etoo Resales have a proven track record to ensure you can dispose of your timeshare or points through us.
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August 3rd, 2008
Consumers across the European Union will benefit from tougher holiday protection - when they buy and resell timeshare holidays, long-term holiday products, as well as exchange and resale - under new rules proposed by the European Commission on 7 June 2007.
The proposal for the new Directive will enhance consumer protection in all member states of the European Union by extending the scope of the current rules (of the 1994 European Union Timeshare Directive) to also include the new products which have emerged in the market. The proposal is to become effective by 2010.
Etoo timeshare resales welcome this new directive
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August 2nd, 2008
Etoo resales have been talking about this subject on a couple of occasions. This time Etoo Timeshare would like to communicate to you some of our own findings, supported by other independent studies.
ETOO´s research indicates that nowadays it is commonly accepted that the state of the timeshare market does not paint a very optimistic picture. Sales figures of timeshare resorts are continuing to decline with some companies now reporting losses, owners are continuing to abandon the market because of declining standards and ever increasing annual costs, and fraud headlines continue to dominate consumer and media views in Europe. Other factors that undermine the timeshare image are the various alternative holiday products that offer better value for money and are geared more towards today’s holiday makers.
Etoo Timeshare News
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August 1st, 2008
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Maintenance Fees
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One of the costs involved when purchasing timeshare is the annual management fees which covers the costs for grounds and housekeeping services, utilities, insurance, on-site management, maintenance, real estate tax, and financing improvement projects.
Fees vary and do increase yearly and will rise in accordance with inflation. However, fees are lower than what you would spend on a hotel room, but there can be hidden costs which people don’t always realise when buying their timeshare. One off levies can be administered throughout the ownership legally, to cover additional expenses that are sometimes applicable such as new repairs, extensions, health club etc.., rather than accentuated yearly fees.
Some resorts change management companies in order to provide the best service; this sometimes explains the sudden increase in fees. |
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