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Timeshare Sellers Guide

We've heard many sad stories from people trying to sell timeshare. You must protect your best interests by reading and informing yourself of what to expect when you try to sell timeshare.

Read the information before you sell. This guide to selling timeshare safely will not only serve to start the educational process, but hopefully train new timeshare owners how to sell their timeshare the right way.

More resources for those trying to sell time share.

Sell Timeshare Safely

We would like to point out a few things. We believe these to be the biggest stumbling blocks most often encountered by private individuals trying to sell timeshare. Read through these points of interest and make note of the areas which might present a problem to you as a timeshare seller.

1. Be realistic regarding the price you expect to receive for the timeshare you are trying to sell. This might seem harsh but timeshare is not real estate and does not gain value as years go by. Not all timeshare is like this. Some areas will fetch a higher price but generally be prepared to receive less money than you paid for the unit 10 years ago.
2. Look at other units like yours and find out how much they are selling for. Remember, beat the resort price and stay competitive with private sellers.
3. What type of medium would you like to advertise across? Select an advertising company that will market your property where it is most cost effective. Radio, TV, Newspapers, billboard, direct mail, or telemarketing.
4. Set your price negotiable. Don't limit your offers by setting a FIRM price for your timeshare.
5. Quick Sales stem from aggressive pricing. If you want to get out of the timeshare fast then set your asking price somewhat lower than the rest of the units selling with yours.
6. Don't take a ridiculous offer. If you're not in a hurry don't take and ridiculous offers. Hold out for something reasonably close to what you expect to sell for.
7. Pass the closing costs to the buyer. Let the buyer pick up any closing costs associated with selling the timeshare. This is customary in the timeshare resales industry.
8. Throw the banked weeks in with the sale. If you have any banked weeks associated with your timeshare, throw them in with the sale as an incentive to buy. This usually adds the required value needed for that quick sale.
9. Try not to sell when you're in a hurry. The best time to put your timeshare up for sale is when you have plenty of time to sell it. Don't let pressure ruin an otherwise enjoyable Experience.
10. Be very realistic about what you own. Remember, this is not traditional real estate. It typically sells slow. Anyone telling you it sells fast or that they have a buyer is lying to you. There are no crystal balls and nobody can tell you when your timeshare is going to sell.

Good Luck Selling your timeshare.