Understanding Timeshares and
Being Prepared to Sell

TRUTH - Timeshares are usually NOT a Good Investment

One of the most common myths about timeshare properties involves the belief that timeshare property can be lucrative investment. In actuality, the value of a timeshare exists only in the use of the property. If a timeshare is not being utilized, it is hard to quantify the value of it since maintenance fees are being paid on a property that is not being utilized.

TRUTH - Timeshares usually AREN'T Sold as a Profit

Alongside the above misunderstanding is the idea that a timeshare can be sold as profit in similar ways residential real estate can be sold to gain proceeds related to the appreciation of a property. Not all timeshare property will appreciate in value. Some timeshare properties may only equate to 25% to 50% below the cost at which it was purchased, or developer pricing. If you use the timeshare you get your money's worth.

Selling Options Reviewed

You have many methods available to sell your timeshare. Understanding timeshares and the many different methods available to you is crucial if you want to sell your timeshare with success. If you want to be an active participant in every step of the selling process, then you will likely be interested in the FSBO method. On the contrary, if you do not have the available time to answer calls 24/7 and oversee the sale of your timeshare property, a Licensed REALTOR® who is a Timeshare Specialist may be a more appealing option. Considering the many options and varying degrees of methodology between a FSBO method and utilizing a Licensed REALTOR®, you should be able to find a method of selling timeshare that suits your needs.