Choosing to sell your timeshare can be a difficult decision, and taking the proper precautions and correct research you may be able to successfully sell your timeshare in even difficult markets. Take your time and research all your options you do not want to throw your money away to get rid of the property.
One option that some vacation property owners tend to try is to list the timeshare in a classified advertisement such as local newspaper or an internet classified website. Some of these websites include eBay, Craigslist, INetGiant, WildfireClassifieds, or NikTrades. The upside to trying to sell your timeshare yourself is that you do not have to pay commission(s) and fees. Some of these fees associated with third party vacation property resale companies are upfront and non-refundable fees regardless of whether the unit sells or for how much.
Another option available to timeshare owners who want to sell their timeshares is to hire an agent or broker who can advertise and market your vacation property properly. Hiring a broker may be the fastest way to sell your timeshare with some searching online and find a reputable company that specializes in selling timeshares. A good agent or broker will help you get the proper exposure for your timeshare. This marketing can take form of printed materials, internet postings, radio and television advertisements, and direct telephone solicitations.
Before you decide to sell your timeshare it would be wise to find out how much it is worth on the market today, which is easily done through an appraisal. This appraisal also helps you find out what the resorts are selling similar properties like yours for and to help you with adequately pricing your timeshare.
Be aware, there are numerous timeshare resale companies out there that may be scams or practice fraudulent sales some of these companies usually get in touch with you by phone, mail or via the internet requesting that you call a phone number about your timeshare resort resale. Never agree to anything over the phone before you have had time to do some research on the company you are dealing with. Some of the fees associated with third party resales are upfront and non-refundable, regardless of whether the unit sells, or for how much.
Do not be afraid to ask questions to people you know who have successfully sold their timeshares because they might be able to give you some insight on the selling process for your timeshare, or be able to recommend an agent or broker to help you sell your timeshare property. No matter how frustrating it may be you do have many viable options when it comes to selling your timeshare property.
We discussed the idea of either hiring an agent or broker, or taking out classified ads or internet ads. Hiring a good agent or broker can give your vacation property proper exposure on the market making it possible for your property to sell faster but you will have to pay out of pocket fees to the agent or broker for his or her services. Listing the property yourself in classified ads in the newspaper or internet cost little or no fees but it may take longer to sell your timeshare.
When selling your timeshare you have options available to you however by completing your research and you may have a chance at success.