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There was a time when timeshares became popular because they offered the opportunity to have guaranteed vacations each year for the rest of your life.
Nowadays, timeshares have a terrible reputation, and every day there are more timeshare properties that go back on the market.
Selling a timeshare is easier said than done. It is a difficult process that becomes even harder during times of economic downturn.
Even so, we will give you some advice so you know the best way to sell a timeshare safely, but without any guarantee.
How to sell a timeshare
- It is important that you take into account that, regarding timeshares, the supply exceeds the demand enormously.
Also, timeshares do not appreciate in value, which means that you will never get back what you originally paid for your ownership. - Know your timeshare like your own hand. You should know everything about it: the annual costs, the amenities, the timeshare regulations of the resort, and, more importantly, if your property is deeded.
When your timeshare is deeded, that means you truly own a share of the unit. - If you want to sell your timeshare by yourself, look for websites to list your timeshare, such as eBay or RedWeek.
Try to advertise it on popular, well-known sites. If you know others who sold their timeshares effectively, contact them and ask them for advice. - If you want to hire a timeshare resale company, be sure the company is legitimate and reputable.
There are many companies that claim to sell timeshares within a certain period of time with success.
Do your homework and find out everything about the company before working with them. - Learn about timeshare laws and regulations. Education is the key to avoiding being a victim of a timeshare scam.
Keep in mind that the sale process will be extremely slow. We know from clients that they have been trying to sell their timeshares for years without any success.
Timeshare Resale Companies
You have to be cautious if you want to contact a timeshare resale company.
Timeshare resales have become one of the biggest scams in the timeshare industry.
Timeshare resale companies are characterized by overpromise and underdelivery.
Resale companies advertise your timeshare for a fee and claim to sell a timeshare within a certain period of time with success.
Some other companies offer you advice on how to sell your timeshare, but without any guarantee that you will sell your unit.
We have never heard of someone who has sold his timeshare successfully by paying upfront fees.
Timeshare resales are a legitimate business, but the difference between a straightforward timeshare resale company and a scam is when the company claims to sell your timeshare at an unrealistic price.
Remember, if it’s too good to be true, it's a scam.
Some advices
- Never pay an upfront fee to sell your timeshare. Whether it is called a marketing fee, appraisal fee, or advertising fee, the outcome is always the same: it is never convenient, and you might end up losing more money.
- List your timeshare at a realistic price. As we mentioned, timeshares do not appreciate in value, therefore, it is improbable that you will get as much as you initially paid.
- Refuse any offers you might receive by phone. These calls tend to be scams.
- Post photos on your listing. That is the best way to grab the attention of a potential buyer.
- Get all your timeshare documents in order. That will make the sale legitimate.
- If you find a buyer, be sure you have all the contact information you need.
The sad truth
To be completely honest, it will be almost impossible for you to find a prospective buyer for your timeshare ownership.
Timeshare supply is much greater than demand.
Recent studies reveal that for every person who is interested in buying a timeshare, there are another 600 owners selling their units in the US.
If you want to get rid of your timeshare fast and without further problems, timeshare resales are not the best option for you.
The best way to get out of timeshare ownership and prevent future payments is by canceling your original contract.
Unlike timeshare resales, timeshare cancellation is a safe and efficient process.
We, at Mexican Timeshare Solutions, do not charge any fees until your contract is properly canceled; otherwise, no fee is charged.
Contact MTS today for a free consultation on how you can get rid of your timeshare and regain the financial freedom you need.
To receive more information about selling a timeshare and how to cancel your timeshare, send a WhatsApp to +52 1 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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One of the biggest challenges with selling a timeshare seems to be understanding what buyers are actually willing to pay, rather than focusing on the amount originally spent. A membership might have cost a small fortune when purchased directly from a resort, but that does not automatically give it the same value on the resale market. I also think it is important to distinguish between a company that simply advertises a property and one that guarantees a sale. Before paying for resale assistance, owners should understand exactly what service they are getting and whether there is any realistic chance of finding a buyer.
Algo que muchas personas deberían tener presente antes de intentar vender su tiempo compartido es que el precio original no necesariamente refleja lo que otro comprador estaría dispuesto a pagar. Una membresía puede haber costado miles de dólares cuando se adquirió directamente del resort y aun así tener una demanda de reventa muy limitada. Por eso me parece importante investigar el mercado y desconfiar de quienes aseguran que ya tienen un comprador dispuesto a pagar una cantidad extraordinaria, especialmente si exigen una comisión por adelantado. Conocer las limitaciones reales del mercado puede ayudar a evitar gastos adicionales y expectativas poco realistas.
Selling a timeshare can take much longer than owners anticipate because the resale market is often limited. That's why it's important to be cautious of anyone promising a guaranteed sale for an upfront fee. Knowing how the market really works helps set realistic expectations.
tengo un tiempo compartido que es a perpetuidad y no pago semanas anuales. solo pago si uso alguna semana. Necesito dinero y quiero venderlo. ¿me podrían ayudar?
Tengo membresía de Vidanta, unidad Grand Mayan.
Deseo venderla
Estimados
Compre en febrero de 2017 un tiempo compartido de WestGate Resorts, Vacation Village Phase XIX, 7700 WestGate Blvd, Kissimmee, FL 34747.
1 Semana en años pares, las cuales estavn disponibles por no haberlas usado.
Mi lugar de residencia es la Patagonia Argentina, y quiero venderlo.
Quedo a la espera de sus comentarios.
Saludos
Tengo un tiempo compartido en Orlando y quisiera venderlo pero no sé por dónde empezar podrían ayudarme gracias
Hola. Quiero averiguar como deshacerme del tiempo compartido gracias
VENDO TIEMPO COMPARTIDO EN PUNTA DEL ESTE URUGUAY, COMPLEJO SOLANAS ESPECTACULAR..MUY BUEN PRECIO
Gracias por la info yo lo intente de mil formas y ninguna me dio resultado hasta que decidi cancelarlo de manera legal , nos peleamos casi casi mi familia con el resort ya que no querian darnos la cancelacion ( pueblo bonito) al final pedimos ayuda en este sitio y al parecer ya vamos a salir de esto , jamas en la vida me vuelvo a involucrar en un tiempo compartido.
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