7 Tips to Sell Your Timeshare Quickly and Easily

sell timeshare

Selling timeshare can be a daunting task for any owner, especially if you aren’t sure how to go about it. There are a number of different options available, and the best option for you will depend on your personal situation.

Whether you want to sell your timeshare or not, it’s always a good idea to do your research and get some guidance from experts before you start. This will help you make the best decision possible and ensure your timeshare is priced appropriately for a successful sale.

1. Price it Competitively – This is the most important part of selling a timeshare. Ideally, your timeshare should be priced at market value, or close to it. This is especially true if you’re trying to sell a deeded or right-to-use (RTU) timeshare because those tend to be the most difficult to sell.

2. Create a Great Listing and Photography – It’s important to make your timeshare stand out from the crowd by creating a listing that is visually appealing, and includes as many photos of your resort and unit as possible. The more professional your photos are, the better your chances of getting a sale.

3. Post It Online – Using the internet is an excellent way to sell your timeshare. There are a number of websites dedicated to helping owners sell their timeshares. These sites have a wide audience and can help you find a buyer.

4. Reach Out to a Resale Company That Can Identify and Reach Potential Buyers

A resale company will have an in-depth understanding of the market, and can easily identify prospective buyers for your timeshare. They will also be able to reach out to them through their existing marketing strategies and vast broker network resources.

5. Have Patience – It’s important to realize that it can take months or even years to sell your timeshare. This is due to the fact that the market for timeshares is still a small one and it can be hard to find a qualified buyer.

6. Beware of Timeshare Scams – If you receive a call from a company claiming to have a buyer for your timeshare, be wary. These scams often involve cold-calling you, or emailing you with an offer for your timeshare.

These companies will attempt to collect hundreds of dollars in so-called “deed transfer” or “marketing” fees, but never complete the sale. The Federal Trade Commission has cracked down on these types of schemes and you should not give them any money or information over the phone, email, or direct mail.

7. Use a Reputable Title Company – Although the buyer is typically responsible for closing costs, it’s important to work with a reputable title company.

8. Avoid Timeshare Scams – There are several types of timeshare scams that you should be on the lookout for when you are thinking about selling your timeshare. These include a company offering an incredibly high price to buy your timeshare, or a company that asks you to pay them upfront for advertising costs, legal fees, or anything else, before they will sell it for you.

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