This is a question we get at most timeshares we have stayed at for the past several years. We would like to take a look at some of the issues that come to mind when we get this question, and try to show what your options might be.
- Do you really want to sell your timeshare? You might just need help on how to get the most out of the timeshare you own rather than trying to sell it. We try to help people understand their system and use their timeshare to enjoy vacations. That is one of the main purposes of this web site. Also, the internet is full of web sites that are helping to educate folks on the entire timeshare concept and how to use the timeshare they own.
- There might be family or friends that could share use of the timeshare. We have reserved weeks for family members on several occasions and they have had a wonderful timeshare vacation. We also have included friends on many of our trips to timeshares. We often ask family and friends to share in some of the costs in setting up the vacations. All have been very willing to pay their share because of the wonderful accommodations.
- You might want to rent your timeshare. We have written a post on renting a timeshare from the renter’s point of view. Take a look at the post and that could be an option if you cannot use your timeshare for a year or two. That might include a health problem, financial problems or you have a few years to work before you retire. So in off years, try to rent it.
- Find the Value. The best way is to go to E-bay. Do a search for your resort using the season of the year and size of unit that you own. See what you come up with You can also do a search for completed sales on E-bay which lets you know what they have actually sold for. Use this information as a guide in determining a price range for your timeshare.
- Call the resort or the company that you own your timeshare with. They often have a system in place to help you sell your timeshare. There might be a person or a realty company that will list your timeshare and help you sell it. They work with you, the resort and owners and guests at the resort to help to sell your timeshare. They know the market value and have potential buyers. This has worked well over the years especially for resorts that are sold out.
- You can try to sell it yourself. You might run an ad in your local newspaper. You could post it at work on a bulletin board or in a company or church newsletter. Another idea is to list an ad on one of the timeshare sites like TUG or Red Week. Also you could list in on E-Bay yourself.
- Turn it over to someone else to sell it. NEVER pay anyone up front to sell your timeshare. There are numerous rip-off timeshare sales companies that take your timeshare and you get nothing , or end up having to pay them to sell it. Most of these companies work over the internet and you need to carefully check out their feedback scores and comments, costs, procedures and how they do business.
I think that covers most of the key issues for someone to think about if they are interested in selling their timeshare. Wish you luck.
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