A new piece of legislation in Australia threatens to seriously damage any timeshare operators who do business down under. Under a new Australian law timeshare operators would be classified as financial advisers in an attempt to reform the financial advice sector. This unfortunately would prevent them from being able to accept any sort of commission for their timeshare sales. In any form whether it be bonuses or any other type of incentive timeshare sellers will be unable to implement a commission based system.
The Australian government is still considering whether or not any changes are necessary. However, with the many complaints received from the timeshare industry it is understandable to hold a magnifying glass over this vacation sector. Timeshares are almost exclusively sold during a high pressure sales seminar and they often provide free gifts and incentives to agree to attend these sales presentations.
If a ban on timeshare commissions were to be applied to all timeshare operators in Australia the industry could very well suffer a serious downturn. Just like in the late 80’s when the industry experiences a collapse due to the poor reputation that the high pressure sales presentations warranted. Timeshare resorts have already been forced to seriously downsize their sales staff as timeshares have become slightly more regulated and a lot more difficult to sell timeshares. If you own a timeshare in Australia it may be time for you to consider your timeshare exit solutions.
Source: smh.com
Are you one of the many timeshare owners who are looking for ways to get rid of your timeshare? For these types of owners, a timeshare has come to be something of a disease that feeds off their finances rather than a nice enjoyable escape to spend their vacations. They used to enjoy visiting their timeshare unit and spending a luxurious vacation filled with accommodations at their location. But for one reason or another they are finding that their timeshare ownership is really more of a burden and they simply cannot rationalize keeping it. The problem is when they try to get rid of it they find out just how difficult a timeshare can be to get out of and they end up searching for a 
Timeshares have taken a turn for the better. In light of the current economic status timeshare companies have taken a new route to selling their properties. In the past it was done by providing free gifts just to get people to sit and listen to the timeshare sales presentation. The free gifts or hotel stays would provide the incentive to sit and listen for about an hour and a half to what the timeshare people had to offer. This would result in a high pressure sales pitch that for the most part was successful in providing timeshare sales.
Over the first quarter of 2010, the major hotel chains with significant marketshare in the 
