In discussions about resort properties and second homes I often hear people use the word "timeshare" and "fractional" interchangeably. There are huge differences in these two types of less than whole ownership property. To begin with, there are far more timeshare developments in North America than fractionals. In the state of Florida alone, there are over 750,000 unit weeks of timeshare that have been sold. Many less owners of fractionals exist. The sales approach to timeshares is also more aggressive than fractionals. And according to basic industry standards, the average fractional owner will have twice the annual income than a timeshare owner. (Timeshare and Fractional glossary)
The most obvious difference is the amount of time you get to use the property. Timeshares are sold in intervals of one week at a time. Fractionals, for the most part, consist of one month to three month (quarter share) deeds.
When it comes time to sell your timeshare or fractional, there are some differences there as well. The resales market for fractionals is stronger than for timeshares because of supply and demand. Also, fractionals will usually hold their resales value much better than a timeshare will.
If you have decided to buy or sell a timeshare or fractional, it would be wise to check out the services of a professional like the ones you'd find at www.rpmls.com. They have the experience, size, and systems to get the job done.