How I'm Thinking Of Selling My Timeshare

It is now time for me to make a start on selling my timeshare. Buying a timeshare seemed like a good idea before, but the costs involved and the lack of variety have made owning a timeshare far less attractive. Unlike a vacation club, a timeshare restricts you to one destination or involves the difficulty of organising a swap to vacation somewhere else.

The first step in selling my timeshare is to determine what it is worth. Many timeshares are sold for only 30-50% of their original purchase price. In this economy, less desirable timeshares may be hard to sell at all. Pricing a timeshare low will help get a quicker sale. Pricing it higher will often get a better price, but will be a longer period of paying other expenses.

Hiring a real estate agent is often worth the commission charged. A real estate agent can help match potential buyers with your unit and ensure that the legal details of timeshare sales are completed. Look for a real estate agent or company who is a member of the American Resort Development Association or ARDA.

If your timeshare is part of a development, look into whether the development has sales people working on site to do resales, but be sure to check the fees before signing. You may also want to find out who owns the adjacent weeks in your timeshare since they may be a potential buyer. Some sellers have had luck on ebay or in classified advertisements, either locally or within the timeshare community.

Selling my timeshare may be a bit of a long winded process, but it will be worth it in the end for my family. Instead of being restricted by our timeshare, we will just join a vacation club and travel to loads locations at a substantial discount.

The reason I decided on Selling My Timeshare was because I found out I could get better value and choice as a vacation club member CLICK HERE for more info