Timeshare Values in Selling Timeshares

 Apr, 24 - 2015   no comments   Sell Timeshare Resales

timeshares for saleThe news headline of this article is what caught my attention: “How to Discover The Expected Resale Value of a Timeshare”. At the end I will give you a link to the article.

In this first of a three part series the writer says he’s making three points about the subject:

1) Understand What You Own

2) Search online for ads of comparable timeshares that are for sale

3)Request a comparative market analysis from a respected real estate broker specializing in timeshare and vacation resorts.

timeshare valuesHis first point is the most relevant. When you get ready to sell your timeshare you really need to know what you own. Some folks think they own an annual use timeshare. But when they read their deed they discover they can use it only every other year. Or, sometimes you may be sitting at one resort when you sign the original paperwork but actually bought a timeshare in another state or country!  So, read the deed or your purchase agreement before you take the next step. Good advice.

In fact the Federal Trade Commission gives owners of timeshares a checklist to follow when preparing to sell their timeshare:

Selling a timeshare is a lot like selling any other piece of real estate. But you also should check with the resort to determine restrictions, limits, or fees that could affect your ability to resell or transfer ownership. Then, make sure that your paperwork is in order. You’ll need:

  • the name, address, and phone number of the resort
  • the deed and the contract or membership agreement
  • the financing agreement, if you’re still paying for the property
  • information to identify your interest or membership
  • the exchange company affiliation
  • the amount and due date of your maintenance fee
  • the amount of real estate taxes, if billed separately

I’m going to jump ahead to his third point. Where would a real estate broker find ANY information on sales (through a MLS) that have been closed on timeshares? You cannot request a comparative market analysis if there is no data to compare it to. I’ll get to that issue later when he publishes Part 3.

The first task at hand when selling your timeshare is to make sure you know what you have to sell.

But don’t worry, the next step will be challenging as well – Figuring out your asking price!

RPMLS.com – Timeshare Network Sales Solutions

Timeshares for sale on the resale market.

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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