How to Choose the Right Vacation Club Membership
Buying a vacation club membership could be one of the best purchases you ever make. Before you spend money though, make sure you understand the right questions to ask. The following questions should help you make your decision about which vacation club may be right for you.
Instructions
Difficulty: Easy
1.
Question #1 – How much is the initial purchase price of the membership?
Some vacation clubs have an initial price as high as $20,000. There are several luxury vacation clubs, however, that are significantly lower and provide equal quality.
Some vacation clubs have an initial price as high as $20,000. There are several luxury vacation clubs, however, that are significantly lower and provide equal quality.
2.
Question #2 – Are there additional fees associated with the purchase?
Definitely avoid vacation clubs that charge yearly “maintenance fees.” Some can be as high as $1,000 per year.
Definitely avoid vacation clubs that charge yearly “maintenance fees.” Some can be as high as $1,000 per year.
3.
Question #3 – How many weeks per year can this membership be used?
Many clubs limit members to a certain number of weeks per year. Many, in fact, mandate what week you can travel. Look for clubs, however, that allow unlimited weeks.
Many clubs limit members to a certain number of weeks per year. Many, in fact, mandate what week you can travel. Look for clubs, however, that allow unlimited weeks.
4.
Question #4 – Does the membership have the potential to produce income?
This may not interest everyone, but there are some lucrative vacation club memberships that pay up to $2,000 commissions per referral. Don’t overlook this opportunity as many have made sizeable incomes referring the same vacation club membership they purchased.
This may not interest everyone, but there are some lucrative vacation club memberships that pay up to $2,000 commissions per referral. Don’t overlook this opportunity as many have made sizeable incomes referring the same vacation club membership they purchased.
5.
Question #5 – How many destinations does this vacation club have access to?
Steer clear of clubs that are limited in the number of destination options. One viable membership option has over 5,400 locations worldwide.
Steer clear of clubs that are limited in the number of destination options. One viable membership option has over 5,400 locations worldwide.
6.
Question #6 – Am I bound to a specific location or can I travel to any destination I choose?
This is critical. Never purchase a membership that attaches you to one location.
This is critical. Never purchase a membership that attaches you to one location.
7.
Question #7 – Are there guest passes? If so, do I have to purchase additional weeks if family and friends want to benefit from my membership?
You definitely want to look for a membership that allows guest passes without additional charges or fees.
You definitely want to look for a membership that allows guest passes without additional charges or fees.
Overall tips
- If you have questions about a vacation club membership you’re considering, feel free to contact the author before buying.
Sign in to post a comment