Two Biggest Myths About Selling Your Timeshare

 Mar, 31 - 2015   no comments   Sell Timeshare
myth about selling your timeshare

Disney Grand Floridian Resort

Once you decide to sell your timeshare and begin the process you will probably come across steps or processes that you do not understand.

There are two very common misunderstandings about selling your timeshare.

The most common myth about selling your timeshare is the misconception that a timeshare is a good investment. The seeds for this notion likely came from the salesperson who sold you your timeshare. The value of a timeshare is found only when you use it. It has no true intrinsic value on its own. Plus, if you do not use your timeshare and still pay the annual maintenance fees it is near to impossible to place a value on it. In fact, some accountants may consider it a liability instead of an asset.

myth about selling your timeshare

Poipu Point Timeshare Resort

Along with the first myth about selling your timeshare is the notion that you will sell it at a profit. Very few timeshares will grow in value. As a general rule, timeshares will sell for about 25 percent to 50 percent below the developer pricing. If you use your timeshare every year you will realize the cost savings it was designed to bring. But a profit? No.

I wish selling a timeshare was as simple as running a local ad, receiving the cash, and handing over the timeshare deed. It isn’t that simple. Especially if you are trying to sell your timeshare yourself and treat it like selling a home. Figuring out how to price your timeshare will be the biggest first step for most timeshare owners. As a rule of thumb timeshares will sell anywhere from 25% to 50% below the retail pricing at the resort. While that may be disappointing to some timeshare owners, the good news is that timeshares do in fact sell. Timeshare resales are quickly becoming the fastest segment of timeshare sales overall. And at the same time, timeshare owners are buying more of them as well.

Once you have a meeting of the minds on the terms of your timeshare sale the details will need to be conveyed to a title company and the timeshare resort management company. You’d hate to sell your timeshare only to get the maintenance fee bill next fall!

Understanding the process of selling your timeshare is critical. Take the time to educate yourself about it before you decide to sell. Guides to Selling Timeshare are available through www.RPMLS.com. There are FAQ sections, loads of information and people you can call if you need help.

Sponsor Information:

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!

What are you waiting for, Call us from the USA or Canada at 1-800-247-4392 or Internationally 1-936-588-4884.

Our offices are at 14500 Hwy 105, Conroe, Texas 77304.


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