Tired of Timeshare Fees? Sell Your Timeshare In One Week

Tired of Timeshare Fees? Sell Your Timeshare In One Week

by Willie Bird

Want to get rid of your timehsare? Need to raise some extra cash? Don’t spend enough time in your timeshare to make it worth the ongoing fees?

I’ve been there too! I owned a timeshare in Hawaii. I needed to sell it after losing my job. I’m glad to say I was successful and sold it in just 1 week! Here’s what I did and I hope that it can help you too.

First, with today’s tough housing market you must price your timeshare competitively if you really want to sell it. Start off by checking the prices of other recent sales at your resort, and then ask resale brokers for a pricing opinion on your unit. This will give you a good ballpark price.

Take advantage of cheap marketing channels to advertise your unit. For example, start with posting flyers at your resort such as in the lobby, on the bulletin board and in elevators. Renters at your resort will see these and they can be very good leads for your advertising efforts.

Contact a broker specializing in timeshare resales. I used this method myself to sell my timeshare in a week. Be sure to only deal with licensed real estate brokers. My advice is to work with an agent that’s on a commission basis and I didn’t want to deal with anybody who wanted money upfront.

Stay on the look-out for timeshare scams and cons that can plague this market. A good tip is to avoid any out-of-pocket money and to only work with agents and companies on a commission basis. There was a scam a few years ago in which a buyer would insist that the seller pay for an appraisal using a particular appraisal company in order, after which the buyer would disappear and the seller would be out the appraisal fee. A good tip is to work with timeshare brokers just like normal real estate brokers, holding them to the same levels of professionalism.

About the Author:

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Posted in vacations on Aug 28th, 2008, 3:52 am by Willie Bird   

No comments yet. Be the first.

Leave a reply