Inform yourself on reselling the timeshare to the resort developer. Call the timeshare resort and ask to speak with the department specified for owners selling their timeshares. Avoid giving in to pay an appraisal fee or market analysis fee to discover the value of the listing. Rather ask what other timeshares similar to yours sold for on average, and ask to sell for a price slightly above. Timeshare developers often only offer 30 percent to 50 percent of the asking rate, so if a quick sell is what you have in mind, slightly add value to your timeshare asking price for a higher return.
Regardless if you sell back to the developer or not, according to Find Law, when one or more time share projects are sold in California, legislation requires that the developer obtains a public report from the California Department of Real Estate for each of the sites being sold.
Attempt to gain a higher return for your timeshare by placing an ad on Craigslist, Penny Saver, or eBay. These websites offer free ads to be published and allure millions of viewers a day, which will give your ad wide display. Websites that can be location specific, such as Craigslist and Penny Saver, should have the ad available for individuals most likely to purchase a timeshare from California. Consider having the ad posted on pages for major cities, and throughout California, for those who don't wish to travel far for a mini-vacation.
Before asking for a lump sum to be sent in your direction, contact the resort developer and state the change in ownership. Then have both parties properly fill out timeshare transaction documents to assist in any possible legal issues that could develop in the future.
Join Timeshare Users Group, which is specifically designed for timeshare owners and potential owners alike. For a small fee beginning at $5, you can post ads on their site to sell your timeshare to a target audience who wants to buy a timeshare, and you will have the option of trading your timeshare for one at another location if you so choose. There is a specific California section of the website that allows sellers in California to be narrowed down in search results, enhancing the probability of the timeshare becoming noticed.
