How To Sell A Timeshare
"How to sell a timeshare" is a question which is going to be asked a great many times in the coming years. As the economic downturn means that more people will be looking to offload unnecessary expenses, vacations are an area where many people can save a bit of money. This is bad news for those looking to sell. It is a buyer's market, so how do you persuade the buyer that yours is the timeshare they need? There are some steps you can take to increase your chances of success.
The first factor which absolutely must be mentioned, of course when thinking how to sell your timeshare, is that of avoiding being scammed. While the selling of timeshare has long had a poor reputation for hard selling and dishonesty, the buying and offering of timeshare is not immune either. There are many dishonest operators being investigated by regulators worldwide, and they all operate in a fundamentally similar way. The main key sign to watch out for is being asked for money in advance. The scam broker will claim to be able to put you in touch with a buyer, provided you pay the brokerage fee up front.
In order to convince you that the brokerage fee is worth paying, the broker will try to make out that the timeshare is worth far more than it really is. Then, you will be enticed to go and visit the buyer at the resort, where you will then be told the truth about the value of your timeshare points. You will be offered the chance to offload them for next to nothing, and the fake broker will have won either way. The buyer who will offer to buy your timeshare for a pittance will usually be a sister company of the dishonest broker.
It is absolutely essential that you do not even look at any deal where you are asked to pay money up front. A genuine broker would simply sell the timeshare on commission, and take a cut once the sale had been made. Either use such a broker, or just put the timeshare up for sale yourself as an independent vendor. If you go for a private sale, make sure you have all of the paperwork to be able to prove genuine ownership, and make sure that the resort will back you up. If you are a genuine seller able to prove your case, you will stand out in a market where there is so much uncertainty.
Have a look at competing listings to get an idea of the value of your timeshare, and don't be in too much of a hurry to sell. Don't be afraid to ask for a good price, because you can always lower it if you have no success. If you price too low, and someone takes your offer straight away, it is too late to increase the price. Correct pricing and proof are the most important factors in how to sell a timeshare.
Selling Timeshares, Inc. Applauds Unanimous Decision In Florida To Adopt The . - San Francisco Chronicle (press release)
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Market Wire - Sell My Timeshare NOW Announces Alliance With John Locher, Timeshare Industry Expert March 24, 2011 -- Sell My Timeshare NOW, LLC, recognized worldwide as the leader in online timeshare resale and timeshare rental marketing, announces a new... | ||
Timeshare Marketing Scams Timeshare owners across the country are being scammed out of millions of dollars by unscrupulous companies that promise to sell or rent the unsuspecting victims' timeshares... | ||
Market Wire - Sell My Timeshare NOW and Timeshare Broker Services Host Holiday Food Drive December 1, 2011 -- Sell My Timeshare NOW and Timeshare Broker Services, along with Cocheco PrintWorks, are working to make the holidays a little brighter for... | ||
Timeshare scheme scams millions from owners SAN DIEGO EUR Federal agents are warning of a timeshare scheme that has scammed millions of dollars from owners across the country... | ||
Market Wire - Sell My Timeshare NOW and Timeshare Broker Services Present Over $284 Million in Offers in 2011 October 13, 2011 -- Sell My Timeshare NOW and Timeshare Broker Services announce strong third quarter sales that position the companies as the industry leader in... | ||
Four More Charged In Lauderdale Timeshare Scam - CBS Local
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Selling a Timeshare Needn't Be A Stressful Event - PR Leap (press release)
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If you're buying a car on Craigslist or selling a timeshare, beware of scammers - ABC15.com (KNXV-TV)
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Market Wire - Sell My Timeshare NOW Acquires Top Canadian Timeshare Resales Website August 5, 2010 -- Sell My Timeshare NOW, a global leader in online timeshare resale and timeshare rental marketing, announces the acquisition of the... | ||
Market Wire - Sell My Timeshare NOW Posts Substantial Gains in Quarterly Sales Through Timeshare Brokerage August 8, 2011 -- Sell My Timeshare NOW, the leading online service company for reliable timeshare resale , rental and resort services, has posted a 27.5... | ||
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