Tips On Selling A Timeshare
Travel & Leisure → Vacation Plans
- Author Jamie Smythson
- Published July 24, 2010
- Word count 549
Selling a timeshare yourself can be a bit daunting, when it comes to finding out how to sell a timeshare, there are a few things you need to consider.
There can be many 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. As with most things, there is more than one way to reach an objective and perhaps not surprisingly, there is more than one way to sell a timeshare.
With timeshares, you options are limited. You may be required to pay a deposit should you use a broker before they will do anything at all. There may also be supplementary fees that are payable after the sale. Therefore, 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 multiple locations), and will have a genuine interest in the 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.
Don't forget the Internet, as it is also a very useful tool to find out how to sell a timeshare. If you search, you will also be able to get a few estimates as to 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. As a general rule-of-thumb, if you price too high, you'll get no interest and if you pitch too low, you'll get floods! Obviously you want to get as much money as possible, but try to aim at a figure that will get a few interested, but be mindful, they may try to beat the price down so know your base figure!
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 data and photographs as you can in your advert. Don't forget to give an email address where you can be contacted. It may be an idea to create a new email account just for this. This will avoid you getting a load of spam coming into your personal mailbox!
Finally, buy a good book on selling a timeshare yourself and read it carefully. If you know someone who has already been through the process, all the better. The bottom line is of course, be a bit wary, and don't part company with any of your money unless you are completely aware of the consequences.
When you try to sell a timeshare there are many hurdles to get over. Being informed about these hurdles is the key to success, so check out our worldwide timeshare information site for more details at www.buysellatimeshare.com
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