Timeshares are marketed as an attractive vacation option that promises the familiarity of home at your favorite destination. However, most people would prefer to travel to different destinations on their trips, or may not be able to vacation at the same time every year. To expand their offerings to a wider market, many resorts have begun offering timeshare points, which offer an expanded selection of properties. Before purchasing timeshare points, learn how they work and what their drawbacks might be.

What Are Timeshare Points?

Timeshare points are purchased directly from the resort chain and can usually be redeemed at any property in their network. The number of points you’ll need for a particular resort depends on the length of the stay, the destination, and the time of year you want to travel. For instance, staying for a week at a resort in Europe over the summer will require more points than a weekend local trip in the fall.

The Downsides of Timeshare Points

As a general rule, timeshare points from one resort can’t be exchanged for credit with another company. This can limit your options — especially if the chain doesn’t have resorts in your preferred destination.

The flexibility of timeshare credits also make them a generally more expensive option than buying a traditional timeshare. Some chains also require buyers to join a vacation club, which may have annual fees and other expenses on top of the price of the points. You also won’t be guaranteed the resort you want during your dates, especially during the most popular travel seasons.

If you’ve inherited a timeshare or no longer want one, the expert group at Timeshare Selling Team will help you get out of the agreement, guaranteed. They pride themselves on helping clients get out of their timeshares, and they will even help you sell unused timeshare points. Visit their website for more information on their services and expertise, follow their Twitter for more timeshare tips, or call (855) 444-9360 to start exploring your options today.