Why Is It So Hard To Sell My Timeshare?

After you’ve owned your timeshare for a while and have decided to sell it, you may discover it isn’t as easy as you thought it would be.  One of the major factors that make a timeshare hard to sell is that there are so many of them for sale.  It is definitely a buyers’ market.  Most people that buy timeshares attend a presentation and are hard-selled with the advantages of buying a timeshare and even given a tv or a vacation if they buy.  If you’re selling your timeshare second-hand, so to speak, you don’t have those advantages.

Another disadvantage is if you still owe money on your timeshare.  To be able to transfer the title on your timeshare you will need to have the timeshare paid off, or to be able to pay off what is owed on it.  This would hopefully be paid off by the buyer, but if you can’t sell your timeshare for what is owed on it you have to be prepared to make up the difference.   If what you owe isn’t very much, you may be able to find a buyer to pay it off for you.

The best way to sell my timeshare fast is to list it with a company that sells timeshare.  You need to be very careful when you do this.  There are a lot of reputable companies and disreputable companies.  If they promise you the sun and the moon, walk the other way.  You can also list your timeshare with a real estate agent in which case you wouldn’t be charged a fee until the property sells.   Do not get talked into paying for an appraisal for your timeshare.  It isn’t necessary unless it is part of an estate or you are going to donate your timeshare for charity.  Then you would want an honest fair market value for it.

If you want to try to sell your timeshare yourself, list it online for sale.  There are many free classified advertising sites where you could list it.  Try to think of places that experienced timeshare owners would look.  Specialized classifieds for timeshares will ensure that most of your visitors are actually looking for a timeshare and want a bargain.  Do a search for timeshare classifieds and you’ll come up with over 100K results.   eBay and Craigslist are also good places to get a lot of exposure for selling your timeshare.

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One Response to Why Is It So Hard To Sell My Timeshare?

  1. DON DEBURN says:

    I THINK THE BIGGEST REASON, TIMESHARES ARE VERY DIFFICULT
    TO SELL IS THE OBLIGATION TO PAY MAINT FEE UNTIL IT IS SOLD
    OR GIVEN AWAY. YOUR ARTICLE DID NOT MENTION THIS AS DID NO
    OTHER COMMENTS ON INTERNET. CAN YOU GIVE IDEAS ON HOW TO SELL
    A CONDO FOR 5,00 THAT HILTON IS ASKING 18,000.
    THANKS, DON DEBURN, DONDEBURN@YAHOO.COM, 941-758-4866

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