If you have been trying to sell your timeshare, by now you must have figured that selling your timeshare is not easy; most likely you are trying to find a way out of paying high upfront fees or dealing with the ripoff timeshare resale company.
Good news is – you can sell your timeshare without being ripped off if you know how to do it. This article will provide you with 3 ways you can go about selling your timeshare.
But before going into the details, you must be aware of the reality about timeshare resale…
Biggest Myth about Selling a Timeshare
The biggest myth going around when it comes to selling a timeshare is that you can sell the timeshare for the same amount of money or more that you bought it for. This is completely untrue.
The first time you hear this misleading information is generally from the sales rep wile buying a timeshare. They would tell you that you can easily get back what you paid for your timeshare. The important thing to remember is that when you bought a timeshare you did not buy a piece of land or anything physical for that matter but rather a period of time, a week to be exact. So while trying to sale it’s unlikely you are going to get the same price for what you purchased it for.
Keep this advice in mind while trying to sell your timeshare. It will save you from the ripoff deals out there.
So here are three ways you can try to finally get rid of your timeshare for good.
Option #1 Buyback Option
This involves asking the resort directly whether they would buy it back from you. Before you start thinking this might be the option for you please note that all resort does not offer to buy-back options. And even if they offer it won’t be anything close to what they sold it to you for. For example – you can only get around ten cents on the dollar back on what you paid.
The upside of this option is that you don’t have to pay the huge annual maintenance fee. If you’re looking for a way to just get out from the timeshare and willing to forego any return from it this is the option for you.
However, if you have a loan on your timeshare and pending maintenance fee, most likely you will not be able to take this option until you have it completely paid in full.
Option 2: Sell It on Timeshare Marketplace
With the availability of marketplace like Vacatia, it is possible to get rid of your timeshare without paying any upfront fees. Instead, you only pay a success fee to Vacatia when you sell your unit.
In order to sell your timeshare with Vacatia you need to follow their 5 step process:
Step 1: Sign up with Vacatia
Step 2: List your timeshare for sale without any upfront fees.
Step 3: Guarantee the Accuracy of Your Listing
Step 4: Have conversations with Potential buyers
Step 5: Complete your Timeshare sale when the price point is agreed mutually.
After selling your timeshare, you will be required to pay a success fee. No upfront fees
Option 3: Sell to timeshare brokers who do not charge any upfront fees
Though the industry is full of rip-offs, there are brokers who will help you to sell your timeshare with no or very little upfront fees.
To know more about how to do it using the 3rd option, fill in the form at top of this page and submit it. You will be contacted within 24 hours from us.
Have you considered any of the options? Feel free to share your story in the comments below.