When the idea first came to your mind to sell your timeshare you may not have been aware of your options. If you have done some research you have found a wide range of options to sell your timeshare – but they are confusing as to the cost and benefits. I won’t even include the timeshare scam offers that come your way. You know, the person contacting you saying your timeshare is already sold and all you need to do is send them X thousand dollars to close the deal.
Hassle Free and Professionally Done
RPMLS.com uses the largest centralized database of buyers and timeshare properties for sale in the secondary resale market – including II, RCI, and Exchange Company affiliated resorts. Not only timeshare buyers globally contact the site 24/7 but also brokers fulfilling the vacation needs of their buyers. The company uses state-of-the-art, cutting edge technology to reach as many timeshare buyers as possible. There are no commissions, no appraisal fees — just valued, personalized attention and professional assistance from timeshare knowledgeable resale specialists. Click here for more information.
Assistance from Your Resort
The Developer and Homeowner Association (HOA) controlled owner & repossession resales is your second choice. Unfortunately, per timeshare industry surveys, 58% of all U.S. resorts offer no onsite resale personnel or resale assistance to their owners. If they do, they may or may not ask for the best price. They typically charge steep sales commissions (as high as 40%) to compensate for profit margin losses.
Licensed Timeshare Resale Broker
Many people favor using a licensed brokerage that specializes in timeshare resales. In most cases, you will be charged a commission; however, the agents do all of the legwork for you (advertising, negotiating with the buyer, escrow, contracting, closing and funding.)
Advertise it yourself
Placing your own advertising in your local newspaper generally does not produce the maximum exposure needed to the timeshare buying community. Advertising should be national and international in scope to generate a large enough response. And this can be costly. (i.e., one week in USA Today, which is one of the better sources to advertise your timeshare for sale, can cost you over $1300 for a minimum 4-line classified ad for one week.)
Those are the basics when it comes to selling your timeshare.