“What is the best way to sell my timeshare?” I get asked that question a lot. You do have a lot of options but most of them are not very effective. For example: You could ask the timeshare resort for help selling your timeshare. Unfortunately about 58% of all US resorts offer no resales help. If they do, often they charge extremely high commissions, like up to 40% That does not sound like the best way to sell your time share.
You could always advertise it yourself. However, these days, the prospects of advertising on Craigslist have scared some people away. Prices on EBay are rock bottom and while you may get a large amount of exposure, you may not want to deal with “bottom feeder” price offers. The kind of advertising you’d need to do to attract the largest possible buyer pool would be quite expensive. Try pricing an ad in USA Today! Too expensive. That doesn’t sound like the best way to sell your timeshare either!
Another possibility is placing an ad in your local classified ads. I’d say don’t waste your time with that idea. Think about it. Who will you reach: Probably a relatively small group of people, buyers who are not sure exactly what a timeshare is, inquiries from people who may not have the money or financing ability to buy your timeshare, or people who want to pay one dollar for your timeshare.
You could always respond to one of those unsolicited nameless emails that proclaim they already have a buyer for your timeshare. If it sounds too good to be true, it is definitely not true. Their next move is to ask you to wire them 3 or 4 thousand dollars so they can sell your timeshare for you. Something sounds backwards in this sales proposition.
Lots of people prefer to use a Timeshare Resale Broker. They specialize in timeshare resales and can do all the negotiating and contract work for you. Most of the time, you will have to pay a commission, but it would be worth it to not have to deal with the hassles. Now that sounds like the best way to sell your timeshare. And now is a good time to sell your timeshare. Buyers are looking for deals and the resorts are not selling them like they used to. Studies estimate that there are 9.2 million US households thinking of buying a timeshare in the next 2 years.