How Do I Go About Selling My Timeshare?

Given the huge amount of timeshares available –and the relatively low number of interested buyers–promoting a timeshare successfully can be challenging. To beat the competition and create interest in your property, it is crucial to price the timeshare suitably and give buyers an inside look into the distinctive attributes, amenities and nearby attractions. From”selling” the timeshare’s excellent locale, high quality amenities and relaxing atmosphere, you’ll have a better prospect of selling the property itself.

Review the conditions of your timeshare to find out whether you own a a non-deeded timeshare. Deeded timeshares provide owners with real ownership rights of their property and possibly the property. Non-deeded timeshares behave as rental arrangements between the property owner and the timeshare”owners,” supplying use rights for a predetermined number of years. Should you own a non-deeded timeshare, you’ll need to ascertain how many years are left in the rental.

Hire a professional timeshare appraiser to ascertain the value and recommended selling price for the property. When deciding the listing price of the timeshare, keep in mind the value drops significantly after a timeshare is sold. You should not expect to recover the cost of your timeshare–particularly in the event that you’ve owned the timeshare for over five decades.

Educate yourself about the timeshare, the resort and the surrounding region so you become an authority in the property you’re selling. Be prepared to answer questions about the square footage of the timeshare, how many individuals it can comfortable accommodate, resort amenities and annual fees. Establish your timeshare apart from the rest by including small but significant details. When there is an amazing view of the ocean from the master bedroom, for instance, don’t forget to mention it.

Research the multitude of timeshare buying and selling websites to ascertain which are reliable, well visited and worth your time and money. In addition to reviewing the website and business information, run a search with the Better Business Bureau to see if there are any consumer complaints. A fast search of the business name may give you plenty of information also, since net users tend to be careful about reviewing businesses –particularly if they had a negative encounter.

List the property for sale online, in your regional paper and on Craigslist. Each ad should offer the listing price, photographs and key land features.

Contact a timeshare reseller company if you want help finding a customer for your timeshare. Agents from these businesses represent and market your timeshare until a buyer can be found. When shopping for a reseller company to utilize, be sure to do your homework before signing any paperwork, so that you know exactly what to expect. Learn about commission costs, fees, advertisements procedures and how many times you’ll be given a progress report regarding the sale of your timeshare. Additionally, it is important to ensure the agents are licensed in the state where the timeshare is located.

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