Learning the truth about the timeshare resale market will help you avoid wasting your time and money. TimeshareContracts.com will provide you with facts about timeshare resale and help you decide if resale is right for you.
Keep reading to learn more about timeshare resales or fill out the form to the right for your free consultation.
Timeshare Resale 101
A timeshare resale is a vacation ownership package that is not purchased from the developer. This type of sale is either brokered by a real estate agent or marketed for sale by the current owner.
When a timeshare or vacation club owner is tired of traveling or simply looking to get rid of their contract obligation, they may advertise it on the timeshare resale market. To some buyers, this may be an attractive alternative to developer timeshare sales. Resales cost thousands of dollars less than a developer property—and you can browse through and buy them from the comfort of your own home. They also come with the added benefit of not having to endure a lengthy sales meeting.
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Understanding Timeshare Resale – For Sellers
If you are interesting in advertising your property as a timeshare resale, it is crucial to educate yourself on the ins and outs of the industry. We’ve compiled some of the key facts to understanding the resale market and how you can go about safely advertising your timeshare for sale.
While resale is an option for some, most timeshare owners are not able to turn around a sale as quickly as they would like. The truth is, it will take time to sell your timeshare. It may even take years. Although, if you have your heart set on selling, it is important to be patient. You must also be realistic about the market and how much your timeshare resale is worth. While it would be ideal to sell your timeshare for what you paid for it, these ownerships depreciate in value, so it is rare that you will receive your original purchase price.
You must also be careful about who you trust to advertise your timeshare. Be wary of any resale company who contacts you out of the blue and promises that they have buyers waiting. These companies are often just looking to profit off your willingness to sell quickly, and will not take the proper steps to advertise your ownership. You’ll have better luck working with an established resale company who has been in business for a few years and provides customer feedback and testimonials.
Selling is Not for Everyone
We understand that selling is not for everyone. In fact, we sympathize with those owners who have tried to sell in the past with no success. For these owners, we find that it may be time to explore an alternative to timeshare resale. Whether you have tried to sell before or you’re just beginning to educate yourself on the resale market, we can help.
TimeshareContracts.com will help you to understand your timeshare agreement and what your resale market value will be. If selling is your best option, we will connect you to a reputable resale organization or timeshare broker. Either way, we can help you find a way to get out of your timeshare.
Contact our timeshare specialists today. Submit your information at the top of the page or call us at 1-855-781-0081.