How to Sell a Timeshare In 3 Easy Steps
Selling off a timeshare in the present decade is not at all an easy task, as you’ve likely discovered. Even when you are successful, the numbers are pretty bad when it comes to how much you can expect to get by going through traditional channels, such as personally looking for local buyers or even distant ones, using a listing service or newspaper ads. The main problem can be summed up succinctly – almost everyone else is trying to sell their own timeshare, and there are few buyers, relatively. You have to find a way to position yourself under a stream of legitimate buyers willing to pay a good price for your timeshare; unfortunately, this often costs a lot of money and resources.
There is; however, hope when it comes to selling your timeshare, and with a method that preserves the weight of your wallet. The key is to find someone who has already done the research necessary to price your piece of real estate competitively, and has a large pool of investors from which to draw, already in place. These things would be far too costly for you to do on your own, especially since you would only ever be likely be selling a single timeshare with all that infrastructure in place. The main thing is to avoid cold-calling resellers and scams that emphasis the payment of an upfront fee with ridiculous guarantees of success. Once you are confident that you have found such a reputable company, scan their terms of agreement to make sure that you can sell your timeshare in just a few steps:
Try their representatives by phone to discuss the terms outlined on their pamphlet or online agreement or other form of communication. Because there is no one fits all solution for selling off a timeshare, you will have several things to talk about during this initial consultation, which should be free (otherwise, if they charged you, you might as well call it a listing fee, and you should consider paying one strictly forbidden).
Survey and consider the options for selling your timeshare. The company will have many clients who specialize in finding matches for your specific set of timeshare dates, which would all but guarantee you an attractive price for it. The one that fits your situation the best will be found and presented to you; only then do you pay the equivalent of a listing service, after some initial work is done. It gets better, though….
Lastly, you should be aware that even though money exchanged hands, it is actually still yours potentially; because if the terms of the agreement aren’t fulfilled and your timeshare isn’t sold, the company that promised to sell it will not get a single penny; the money held in escrow by the mediating company will be returned to you.
The beauty of this model is that the correct infrastructure is already in place for finding a buyer – or at least, giving you the best chances of finding a buyer for your timeshare. Paying for this are eager companies with buyers who are searching for sellers from a reputable source that won’t try to pass off overvalued timeshares to their customers. With no out-of-pocket expense unless your timeshare gets sold, and requiring only 3 steps before you sign an agreement that allows you to breathe a sigh of relief, this is the best way to get that unused property off your hands and into the hands of someone eager to have it.