This question is deliberated by thousands of timeshare owners, if not most timeshare owners, at some point. Whey you first bought your timeshare you may not have been thinking of how to sell your timeshare when the time comes.
So here you are, ready to sell your timeshare – but how do you go about it?
Over the next few days I will be discussing the options you have in answering that question, “How do I sell my timeshare?”
The first way many people think of selling their timeshare is by selling it themselves, or the For Sale By Owner approach. After all, you have heard of home owners using the For Sale By Owner approach to selling their home, right?
Selling your timeshare this way would require you to run your own ads or find your buyer some other way, locate a title company or escrow company who can handle the closing, and maybe find an attorney who can handle the sale.
Running your own ads to sell your timeshare will involve fielding quite a few calls from people who know nothing about timeshares. You will get inundated with callers asking you if it is a “home” you are selling for such a great price in that fantastic destination!
Finding a title company that can handle a timeshare closing is not that simple. Only a few title companies in the US can handle a timeshare closing. As you know, the buyer for your timeshare may live in a different state, the timeshare may be in yet a different state, and the title company will have to be able to sift through requirements of the states and their jurisdictions.
How do I sell my timeshare, and sell it myself? There are a lot of wickets to get through when you sell your timeshare yourself. Tomorrow I will be discussing a very different approach.
I recently discussed the prospect of selling your timeshare as a FSBO (for sale by owner) and hope you will look long and hard at that option before trying it.
One of the most common ways people will answer “How do I sell my timeshare?” is simply by letting the power of a search engine on the internet make the decisions for them. And it usually works out that way as well. The most likely result you will get that way is to pay a fee to some timeshare “advertising” company who is very good at “Search Engine Optimization”. Can they sell timeshares, negotiate deals, navigate a complicated transaction out of the country? Maybe not. But Google sure likes their “key word density”.
Searching the internet for a professional to sell your timeshare is like running through a minefield wearing extra large clown shoes. You know you will hit something, but you probably won’t like it.
Of the millions of results you’d get from searching the phrase, “How do I sell my timeshare?” less than a fraction of 1% would actually lead to someone who answers your questions.
Rather than stumbling around in the dark and crying out “How do I sell my timeshare?” call on timeshare resale specialists who have sold and closed over $100 million in timeshare sales for the owners.
Results mean everything. Especially when it is your money and time at stake.