Without a doubt, you have heard countless stories from other timeshare owners about how hard it is to sell your timeshare. Their experiences of trying to sell timeshare by running ads led to calls from clueless buyers, tons of wasted time, getting low ball offers that were completely worthless, and confusion about the process.
Having heard these stories from other timeshare owners has discouraged you from selling. So year after year you pay the maintenance fee and curse the day you bought your timeshare. The situation seems totally hopeless.
There are three keys to getting your timeshare sold and I’ll explain each one so you will not fear the process and get the unpleasant task done once and for all.
Key #1 – Setting the Price
Without true comparable sold prices it is hard to decide how to set your price. Let’s say for example that timeshare resort ABC is selling units similar to yours for $14,000. If you were to ask the same price for your timeshare your buyer would have no reason to buy from you. If you were to offer your timeshare for sale for half of the going rate, $7,000 in this example, then the buyer would be motivated to check it out. I’m not saying you would succeed in selling for that amount, but at least you would be competing with the resort developer.
And as with everything else, the lower your price, the faster you will sell your timeshare.
Key #2 – Setting Realistic Expectations
If you start off the process of selling your timeshare with the goal of making a profit you will give up fairly fast. The salesman probably told you it was going to grow in value. Nothing could be further from the truth. Timeshares are not an investment. At this point you will be trying to cut your losses. The maintenance fees will never go away unless you sell it. Be ready to reduce your price so that you can get your timeshare sold.
You also need to be realistic about how long it will take to sell your timeshare. Finding a buyer could take a year or longer. Getting the timeshare closed by the title company may take 6 months or more in some states. This is a slow process and patience is required.
Key #3 – Using a Timeshare Resales Company
Not all timeshare resales companies are the same. In fact, lots of them have very little experience in getting timeshare sales closed. Maybe they can run an ad but that’s as far as they will likely take it.
What you’d need is a timeshare resales company with a track record of successfully closed sales, a well trained and licensed staff, and a network of title companies and/or attorneys with extensive experience closing timeshare sales. Not just any title company can get a timeshare sale closed. Most have never done even one.
Leave the heavy lifting to timeshare sales professionals. They will get you a better price, get the task done right the first time, and end your ties to your timeshare.
Timeshare-Resale-Broker.com is the leader in the Vacation Resale Brokerage Business and innovators of timeshare resale services for individual consumers and software for resale agents. Since 1979 (over 38 years) we have had original management. All of our Timeshare Agents are Resale Specialists and members of NAR, the National Association of REALTORS®.
We pioneered the first timeshare resale broker website on the Internet in 1995. We advertise on many more.
People wanting to sell and get rid of a timeshare benefit from the professionalism of a licensed timeshare resale broker who stay on top of the ever changing technology as well as industry direction. We work with all buyers for the vacation properties registered in our database. We have a team of REALTORS® and personnel who are forever assisting the buyers, sellers and insure that the time share sale transaction is as smooth and easy as possible. Call today to get rid of the timeshare albatross! Call us at 1-800-247-4392
Experience: We have sold and closed timeshares in over 29 countries, in 47 states in the USA, have closed deals with sellers and buyers from over 89 countries. We have helped thousands of owners get out of an their unwanted unit. We have a program that gets you out of your property without waiting for a buyer too. This stops the fee payment burden right away.
We offer all our expertise to you!
Our offices are at 14500 Hwy 105, Conroe, Texas 77304.