5 Tips on How To Sell Your Timeshare Successfully

Sometimes, retaining ownership of a timeshare becomes impractical. Although
you may have enjoyed your timeshare for a number of years, there may come a
time when owning it is no longer feasible. Perhaps your financial situation
has changed or your personal life is no longer suited to enjoying your
timeshare.

Here are 5 tips to selling a timeshare successfully.

1. Prior to selling your timeshare, you should check with the resort
developer or management company to ascertain whether or not your timeshare
is affiliated with a licensed broker who handles timeshare resales.
Sometimes, developers do offer the original buyer the option of reselling a
timeshare back to them.

2. It's a sad, but true fact that the majority of timeshares usually sell
for 30 - 50% of the original price.
Unless your timeshare is located in a popular area and offers prime time
occupation, selling your timeshare can be a little challenging. However,
with the right approach and sufficient knowledge, selling a timeshare does
not have to be an overwhelming task. Competitive pricing is the key.
Check out what other timeshare resellers are selling for in your resort and
base your price on the average market value. If you set the price too high,
you may end up losing buyers.

3. Don't be afraid to ask for help. Often, the daunting task of selling a
timeshare and the associated paperwork involved can be too much for
timeshare resellers to handle.
Consider enlisting the service of a professional licensed timeshare broker
if you have limited experience and time in selling your timeshare.

4. Be wary of paying up-front fees. Hiring a broker on a commission only
basis is much safer and reduces your risk of paying out money for services
you may not receive. A reputable broker will advise you on the current
market value for your timeshare and will work towards getting both you and
him the best deal.

5. There are a lot of timeshares available on the internet and through the
classified, and even more unscrupulous people who are out to commit
timeshare resale fraud.
Beware of the too-good-to-be-true deals - they are usually scams. Many of
these scammers tell you that your timeshare must be appraised before it can
be sold and hence, charge you appraisal service. Since a reputable broker
is already aware of the value of your timeshare, appraisals are not usually
necessary. Some of these scammers have collected thousands of dollars from
unsuspecting timeshare resellers by charging for unnecessary services.

Selling timeshares can be a time-consuming and difficult process. However,
if done correctly, selling timeshares can be a rewarding and profitable
undertaking. By following the 5 tips above, you are more likely to succeed
in selling your timeshare. Enlisting the help of a timeshare licensed broker
can save you time, money and frustrations.

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More revealing facts and resources on selling timeshares are available at
http://www.sellatimeshareonline.com/art-success