Selling A Timeshare – Tips On How Best To Be Successful

Selling a timeshare yourself can be a bit daunting, when it comes to finding out how to sell a timeshare, there are a few things you need to consider.

There can be many reasons why you may be selling a timeshare; maybe you find travelling a bit more difficult now or you may need to release some capital. Then again, perhaps you have had a positive experience but wish to move on to a different timeshare deal. As with most things, there is more than one way to reach an objective and perhaps not surprisingly, there is more than one way to sell a timeshare.

With timeshares, you options may be limited. If you use a broker or similar, they may require a deposit on their eventual commission before they do anything, or there could be some fees you are unaware of after the sale. This of course means that care is essential when choosing a broker. If you have the time and the knowledge and can avoid some of these extra costs, selling a timeshare on your own may be the best way forward.

To begin with when selling a timeshare is not to rush the process, particularly as you are likely to be dealing with the laws of another country. Your first port-of-call should be the resort where you have your timeshare. This is because they will be familiar with this marketplace in their country (perhaps at multiple locations), and will have a genuine interest in the sale for their own reasons. Perhaps they have a waiting list of prospects they will be able to put you in touch with.

If you were happy with the legal service you had when you purchased your timeshare, try and use the same company again as they will already be familiar with you and your market.

Use the Internet to research how to sell a timeshare and to obtain a few estimates as to the value based on the details you enter. These may vary widely, but they will give you an idea of how to price your sale. In general terms, you will get interest if you pitch your price too high, but get it below market value and you’ll get floods of people hammering down your door! Of course you want to get as much money as possible, but try to aim at a figure that will get a few interested. Bear in mind they will try and get you to reduce the price anyway.

A further benefit of the Internet is of course advertising. Find all the free ad sites, and put as much information and photographs as you can in your advert. Don’t forget to give an email address where you can be contacted. It may be an idea to create a new email account just for this, as you don’t want a load of spam coming into your personal mailbox!

Lastly, get yourself a good book on selling a timeshare yourself and read it carefully. If you know someone who has already been through the process, all the better. The bottom line is of course, be a bit wary, and don’t part company with any of your money unless you are completely aware of the consequences.