How Selling A Timeshare Yourself Can Be Easy

Monday, July 5th, 2010 | Timeshare

Should you be considering Selling a timeshare yourself, you may find the prospect a bit daunting. However, when it comes to selling your timeshare there are a few things you need to consider. There are several 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. However, as with most things, there is more than one way to achieve your objective and perhaps not surprisingly, there is more than one way to sell a timeshare. With timeshares, you options are limited. Using a broker (or similar), may require you to pay a deposit on their eventual commission before they do anything. There may also be fees due after the sale. This of course means that care is essential when choosing a broker. To avoid some of these extra costs, selling a timeshare on your own may be the best way if you have the time and the knowledge you need. When selling a timeshare, do not rush into it. This is especially important when you need to consider 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 more than one location), and will be genuinely interested in your sale for their own reasons. They may even have a waiting list of prospects they can 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. The Internet is also a very useful tool and you can find out a lot about how to sell a timeshare there. You will also be able to get a few ballpark estimates of the value of your timeshare based on the details you enter. These may vary widely, but they will give you a range at which to pitch your sale. Generally, if your price is to high, you’ll get no interest and if you pitch too low, you’ll get floods! 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. The Internet is of course a very helpful tool for advertising. There are quite a lot of free ad sites you can advertise on and put as much information and photographs as you can in your advert. Remember not to forget to add your email address where you can be contacted or there would be little point! 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. The bottom line is of course, be wary, and do not part company with any money unless you are completely aware of the consequences.


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