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Imagine showing up for a long-awaited vacation only to find that your condo unit is undergoing maintenance and you've been reassigned to the unit right next to the elevator—ding! Hello, constant noise! But don't worry, you'll just spend all your time at the pool instead.
Scratch that, the pool is packed with 30 other bodies, including a baby who's most definitely not wearing a swim diaper.
This is the reality of timeshares. And all that hassle doesn't begin to cover the process of trying to sell or get out of your timeshare. In fact, the Federal Trade Commission (FTC) has warned consumers not to buy timeshares because they depreciate and can be very difficult to sell, even at a loss.
So why do unsuspecting vacationers continue to fall for the idea of timeshares being a hassle-free way to vacation? They might not know about better options out there, like fractional ownership.
If you're unfamiliar with the concept, here's an in-depth look at the difference between fractional ownership and timeshares and why fractional ownership is the superior choice.
Flexibility
Timeshares often lock owners into a single week, year after year, with little room for flexibility. In a fractional ownership model, owners aren't limited to a fixed week.
Instead, they get a set number of nights per year and can book stays ranging from three to 14 nights depending on availability and their share.
If you're a co-owner through Fraxioned, their convenient online calendar allows you to view availability and book your desired dates in advance. If you're feeling spontaneous, you can take advantage of a short-notice stay, which allows owners to reserve the property if it's unbooked within three nights of a specific date.
These bookings don't count against your yearly allotment of days, allowing you to optimize your property use even more.
Ownership
One of the biggest drawbacks of a timeshare is that you don't truly own anything. You're paying for the right to use the property for a limited time, but the value of your investment doesn't appreciate.
Timeshares depreciate the moment you make your purchase, like a new car losing value when you drive it off the lot! According to Investopedia, timeshares can depreciate up to 70%.
But with fractional ownership, you have equity. You have a deeded real estate asset, which means the value you own of the property can appreciate, just like a traditional home. If the market goes up, so does your investment, allowing you to build wealth over time.
Freedom
Trying to resell a timeshare is notoriously difficult. The market is saturated with unwanted timeshares, and owners often struggle to sell them even at a loss. Many end up stuck paying annual fees for years without a way out.
Fractional ownership is different. Since you're selling a piece of property with real value, there's a market for it. If you decide to move on, you can sell your share much more easily, often at a profit.
No pushiness
Many timeshare experiences include aggressive sales pitches and constant interruptions during vacations. Nothing says "relaxation" like being required to attend pushy sales meetings during your vacation, right?
Fractional ownership allows you to truly relax in your own slice of heaven. No interruptions, no meetings, no pushy salespeople. You get to enjoy the property as a partial owner.
Hassle-free
Timeshares come with endless maintenance fees that only increase each year. Fractional ownership spreads the cost of maintaining a home among the owners, and in some cases, allows you to rent out unused time to offset expenses.
And forget dealing with unreliable maintenance. Fractional ownership properties like the ones at Fraxioned are professionally managed, ensuring your vacation home is always in top condition before you arrive.
Fractional Ownership is the clear winner
Timeshares can be a financial trap with little return. If you're looking for a vacation home that offers real value, flexibility, and a premium experience, fractional ownership is the clear winner over timeshares.
Fractional ownership is a hassle-free, modern approach to vacation home ownership. It gives families the opportunity to create lasting memories in luxurious homes without the financial or time-consuming burdens of full ownership or timeshares.
Owners get the perks of having a stunning vacation home, while spending their time relaxing and making memories— since Fraxioned handles all the maintenance, repairs, and cleaning.
Build wealth through property appreciation and enjoy the ability to sell or transfer your share when you're ready. Fractional ownership isn't just a trend—it's the future of vacation homeownership!
Visit the Fraxioned website to see available properties in different vacation hotspots throughout Utah, Arizona, and more.
