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Why is the timeshare resale market much less expensive than buying directly from the resort or developer?

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Why is the timeshare resale market much less expensive than buying directly from the resort or developer?

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When a resort or developer sells timeshares, they spend a lot of money up-front on sales and marketing costs. Due to those initial out-of-pocket costs, they set prices high to recover their investment. When you buy a timeshare through resale, you are purchasing just the product, not paying for the added expenses of advertising.

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