Class Syllabus: Timeshare Basics
|  | |
|
Office Hours: |
Continuous
|
|
Course Meeting Times: |
Continuous
|
|
|
Course Description
There has been a sharp increase in vacation destinations over the past 50 years. With that increase, the concept of timeshares has blossomed. Owning a timeshare allows travelers to occupy accommodations for a period of time each year. This long-term strategy has become a travel industry standard and has provided vacationers with an option to hotel stays. This 11-module course takes you from the history of the vacation timeshare industry through the process of buying and selling a timeshare.
We begin by briefly examining where and how the concept developed. Then we'll discuss properties and characteristics of timeshare ownership. Module II provides guidance about where to find timeshares and preparing for a purchase. Next, we go through the process of buying a package. Modules IV, V and VI cover legal rights and responsibilities, the various types of ownership, and financial considerations. We move on to industry organizations you should know about. In Module VIII, you will learn about the scheduling aspects of timeshare ownership. We cover a variation of ownership called fractionals in Module IX.
Module X deals with exchanging and renting a timeshare unit. The series concludes with Module XI discussing important information about selling a timeshare. We include a glossary of common industry terms for reference. This course will give you a broad understanding of timeshare ownership, but does not contain every detail pertaining to this subject. Once you complete the course, we encourage you to discover as much as you can about this appealing concept of "owning your vacation."
Course Requirements
This course will not require you to have previous experience in any particular area but you should have a high school reading level. No books will be required.
Course Topics
- Module I - Timeshare Basics
- Module II - Finding Your Timeshare
- Module III - Buying Your Timeshare
- Module IV - Legal Consequences
- Module V - Ownership Types
- Module VI - Financial Considerations
- Module VII - Timeshare Organizations
- Module VIII - Scheduling
- Module IX - Fractional Ownership
- Module X - Renting & Exchanges
- Module XI - Selling Your Timeshare
Course Materials
All course material will be provided in the lessons and netlinks. There are no required materials to purchase before taking the class.
Grading Policy
Each lesson will include a lesson review quiz along with one or two assignments. Students will successfully complete this course with 70% or better.
Learning Outcomes By successfully completing this course, students will be able to:
- Define what a timeshare is and why you may or may not want to invest in it.
- Find a timeshare.
- Buy a timeshare.
- Identify the legal consequences of owning a timeshare.
- Describe ownership types.
- Summarize financial considerations.
- Identify timeshare organizations.
- Schedule your timeshare.
- Describe fractional ownership.
- Summarize renting and exchanges in the timeshare market.
- Sell your timeshare, and
- Demonstrate mastery of lesson content at levels of 70% or higher.
Other Related Classes in Real Estate - Landlord 101: Managing Rental Properties Have you ever wanted to be a landlord? This multi-faceted career can be challenging and rewarding both personally and financially. Our course provides a broad yet detailed examination of the many areas that a property manager must blend together to be su...
- Home Business Owning a home business can be one of the most rewarding career moves you will ever make. Not only do you get the freedom of answering only to yourself, but our increasingly Internet-savvy society makes reaching out to worldwide consumers easier than ever...
- Credit Report and Repair Credit governs everyone's lives. It is what allows people to buy a house, get a car, have a credit card and generally live a life they cannot really afford. Sadly, many people get into a debt spiral that soon goes out of control. They have trouble keepin...
- Hotel Management 101 Hotel Management will provide a realistic look at every major portion of the hotel business which will help anyone planning or currently pursuing one of the many different career opportunities available in this burgeoning and dynamic industry. A grea...
- Travel Agent 101 Anyone interested in beginning a profession as a travel agent should first determine the type of skills, training and certification necessary to provide travel services for clients--whether you work at an established travel agency, as an independent cont...
- Concierge 101: How to Run a Personal Service Business Whether a full-time mom, a young business person or simply someone looking to build a growing and viable business, an errand service is ideal for those with an entrepreneurial spirit. Small upstart dollars, flexibility and a growing industry are just som...
- How to Prepare, Stage and Sell Your Home For most of us, our home represents the largest portion of our assets. Trying to sell a house or apartment or condo in today's fast paced market, quickly and profitably, has the potential for turning anyone's world upside down. Knowing what is important...
- Investing 101: Stocks, Bonds, and Mutual Funds This course will help you demystify the stock market and start making money! Everyone yes, everyone is sure to find something suitable in the stock market to invest in. It doesn't matter if you are looking for a very safe investment to protect your nes...
- Restaurant Management 101 Qualified restaurant managers are always in demand. They earn salaries far above the national average ($45K-$60K and higher), receive generous benefit packages and bonuses, rapid promotions and opportunities for travel. But that's really just the icing o...
- Small Business Guide Starting and operating a business is a minefield of rules and regulations. The regulations set in the moment you decide to start your own business. You need to get licenses and permits from the authorities. There are restrictions on the type of business ...
- Personal Finance 101: How to Manage Your Money Imagine you're going on a trip…It sounds odd, but your journey to understanding, growing and maintaining personal finance starts with your imagination. That's not all it takes, but, by imagining, dreaming and believing, these intangibles will begin...
- Economics: Complete Edition The purpose of this course is to equip you with a working understanding of economics and its myriad of business and personal applications. As such, we have crafted an easy-to-understand course comprised of economic's principle tenets while specifically h...
- Home Inspection 101 The home inspection field is one that has been rapidly growing since its inception in the mid-1970s. Not only are they an important part of every home buying purchase, but the industry also relies upon people that are knowledgeable in the field. This cou...
- Investing 201: Intro to Commodity, Options, and Futures Markets Can you predict which direction corn prices will go? Are you the type of person who enjoys taking risks? Do you want to be a part of an often fast-paced, emotional environment? A career in futures trading can lead to a great income and a large bank acco...
- Kitchen Sanitation 101 Nearly every few weeks, a new story seems to hit the headlines about foodborne illnesses. Salmonella in peanuts. E. coli in fruit juice. Mad cow in hamburgers. Every year, thousands of people become seriously ill from foodborne illnesses, and some even d...
- Estate Planning Estate planning was once a buzz phrase reserved only for the wealthy. However, today many people are beginning to realize that estate planning is important for everyone. Anyone who has assets, no matter how small or wants their medical wishes carried ou...
- Budgeting and Saving 101 This course is designed to get you up to speed on the basics of business budgeting and cost cutting. You will be introduced to the different aspects of business financial tools and will have an essential primer to current business trends in cost cutting ...
- Retirement Planning Retirement for many of us can already be a fact of life. For others, it is looming on the horizon and the closer we get the more uneasy we feel about that next step. We are filled with questions about just how we will pay for our retirement. What will...
- Business Credit 101 Business Credit 101 provides potential and current business owners with the necessary knowledge to successfully use credit within their business. There are many reasons why business operators rely on credit to maximize their business potential, but it ...
| | | |
| |
| |
