How to Sell a Timeshare

Selling your timeshare is a big decision for you and your family. While there is not a big demand for timeshare property, you may be able to recoup your initial investment while making a small profit. Timeshare property sales are different from home sales as they do not require closing costs or real estate agents. It's really all about advertising your timeshare and asking price to a wide variety of people.

Instructions

    • 1

      Advertise your timeshare in your local and national papers or on the internet. You want to reach a large group of people to increase your odds of selling the timeshare for the price you are asking. Some auction sites even allow you to list your timeshare and set the starting price for bidding.

    • 2

      Speak with resort or property management where your timeshare is located. They will be able to provide you with the forms you will need for potential buyers. These are all legal, binding documents that will make the sale final when your buyer agrees to purchase.

    • 3

      Show your timeshare to interested buyers. Not many people are going to buy property without inspecting it first. Highlight the benefits of the timeshare such as access to the beach, wraparound porch or romantic views.

    • 4

      Hire a timeshare broker to help you. Timeshare brokers have the means to gain your timeshare more exposure than simple advertising, and can show the timeshare to interested buyers when you are busy.

    • 5

      Inform potential buyers of all payment forms you will accept. You can choose to accept cash, check or money order. Be aware that checks are not always a sound idea until you verify payment with the buyer's bank. Never take a check without ensuring with the bank that it is good.

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