In today’s resale market of timeshare, you may find difficulties to sell your timeshare due to some reasons. Aside from the fact that timeshares are difficult to sell since their value does not appreciate like a real estate, yet they are expensive to own because of their maintenance cost. This is aggravated by scams that are prevailing in the market by companies that are purely motivated to scoop money from timeshare owners.
However, if you’ll just look around, you can still find some reputable online companies that provide sufficient information on timeshare resale without charging upfront fees. They are only focused on providing you with free, no-pressure consultation that you can use to make a successful resale.
Important factors in selling timeshare that you ought to know
The price, quality of resort, amenities, advertising, time of year and location are essential factors that can determine the saleability of a timeshare. But among these factors, only the price and advertising are the ones that you can control. It’s not practical to spend a lot in dinner and gifts for your potential buyers just to get the sale because there is no assurance that they will really decide to buy your timeshare after spending a lot of money in convincing them.
What steps you should take to sell your timeshare
First, set a competitive price for your unit to be able to sell it in a short period of time. Take a look at other resale prices in the market pertaining to your resort like the pricing on closing sales and not the listing of prices for timeshare that are for sale.
Check the final prices appearing at the auctions and try to get additional information on prices of your unit from resale brokers. You can also refer to Classified ad sections of some websites, and look for prices listed by other sellers for your unit.
Keep in mind that you’re trying to compete with all those resale units in the listing. Therefore, if you look at those prices from a buyer’s point of view, you’ll get interested on something that offers the best deal. If you really want to sell your timeshare, then, make sure that you have the best deal in town.
The do’s and don’ts in selling timeshare
You should utilize the power of cost effective advertising in promoting what you want to sell. One way to do this is by posting as many ads as you want in free advertising sites on the internet. You’ll find several sites online that are being searched by many people who are interested on timeshares, whether for sale or for rent.
Instead of paying upfront fees, you can deal with some advertising sites charging nominal fees to post an ad, or in sites where you can place several ads for free.
Sell your timeshare only through a reputable seller who specializes in its resale, one who is expert about timeshare, and can do everything for you with trust and assurance of good result.
Don’t deal with companies promising you heaven and earth, but charging high upfront fees. There are a number of names that they call these upfront fees to mislead you; beware of that.
Sometimes the company would even promise that it’s refundable, or they offer you a money-back guarantee. Don’t believe it because the moment they have taken your money, there’s no way to get it back even if you complain.
If you want to gain knowledge on what you have to do to sell your timeshare, you can contact the site for free consultation on timeshare resale.
If you're looking to sell your timeshare, this other website might help.
The resource I used on this page (click here to view) answered almost all my questions about what was working to sell timeshares.
That same service might also work for figuring out how much your itmeshare is worth: (click here to view the service page).
I'm not sure if you've seen this yet. It's a free mini-book (free download on this page ) guide for selling timeshares. One of those things you can read on a kindle if you want to.
The book itself isn't very long, but it does have some useful information in it.
Add it to your to-do list and go download it if you have a minute. There might be an answer lurking in there that you haven't been able to answer yet. If I remember correctly, they talk about timeshare resale strategies too - can never have enough of those.
Thank you for stopping by and have a great day!