How To Sell A Timeshare

How To Sell A Timeshare

Timeshares can be purchased for pennies on the dollar today. Shopping on eBay is one place to find a unit to buy. Many timeshare owners advertise on Facebook. There are so many avenues to pursue when considering

How to sell a Timeshare

Selling a timeshare is not an easy task. There are so many variables to deal with in the timeshare business from a consumers stand point. Questions have to be answered for the potential buyer(s). Is your timeshare deeded? Where is it located? What week do you own? Which exchange company does your resort belong to? Is it a red, white or blue week? Is it a weeks timeshare or in one of the many points systems? Are the points internal points or is your timeshare part of a global points system? We can go on forever with the questions about any timeshare on the resale market today. Realistically, an experienced timeshare buyer can find 99 reasons not to buy your timeshare today. The challenge for the seller is knowing exactly what you own.

Resales companies advertise timeshares for sale, do they really know what they are selling? They face the same questions as the potential "for sale by owner" approach. What does the language in the contract say? Is it the same language today as is was 10 years ago? Probably not! Most companies selling timeshares change the language, including the benefits from time to time. Do all the benefits transfer to the new owners? This is a sticky area that can cause one to buy the pig in the poke. What the original owner had verse what the new owners have. Yes, I said that right. Many companies or resorts selling timeshares over the years eliminate benefits on the resale. Will this affect your ability to resell your unit? Depends on the benefits that do not transfer. This is a Buyer Beware issue. Caution should always be used when selling your timeshare. Certain benefits that you advertise may not transfer.

Selling a timeshare can be a charm. Owning the most current system and a great location will play a part in the ability of being able to unload or relieve yourself of those yearly fees. Understanding lifestyles of the potential timeshare buyer today is a must for those wanting to unload their aging unit.

How to set the price of a timeshare is based on several factors. If your planning to advertise your timeshare for what you paid for it, good luck! Well, unless you purchased it when the concept first started in the best locations in the world, then you may be able to retrieve what you put into it. Making a profit or any gain will be virtually impossible in today's market place, unless your contract has transferable language with benefits that is superior to what is being offered today. These contracts do exist!

First step to selling your timeshare is to know exactly what you own. Consider bringing your timeshare current to what the system is offering today. What I mean by that is, sell what the big companies are selling. All the leaders in the industry today sell some type of "Points" program. Very few are offering the old "Weeks" system. To do a simple comparison, weeks is like a old computer with the "Dos" operating system, points are the updated version of what the timeshare buyer is looking to buy today. Why? Flexibility! If your resort is not on the "global" points, suggest it for the owners sake. It is the difference between being stuck with a timeshare and enjoying what you are paying for.

Knowing what you own in the timeshare world could very well be the key to selling your timeshare. Having the right product in the current market place will contribute to your success of relieving yourself of those dreaded yearly fees and future assessments. Many resorts have chosen to go to points with poor results only due to the people or companies that they have hired to achieve acceptable results. We know this by our experience in working with resorts Board of Directors and resort property management companies. http://www.resultsinc.net has been in the resort industry since 1985 working with problematic issues such as these. Visit our website for references and submit your resort for a free resort analysis with no obligation. ResultsInc.net has been going behind those own achieved poor results now for years. No promises, just results. You will be impressed!

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