TweetShareSharePin33 SharesFrom time to time, holding on to the title of a timeshare may not be the best thing for you. While you have had some great memories in the past, it may be the worst thing you can do […]
From time to time, holding on to the title of a timeshare may not be the best thing for you. While you have had some great memories in the past, it may be the worst thing you can do to keep the timeshare. Your finances could be the reason or something changes in your general lifestyle that does not warrant you keeping the timeshare.
Below are the five hints to successful timeshare sales:
A. Before putting the timeshare up for sale, find out from the resort developer or the management business if the timeshare can be joined together with a broker who can sell it for you. In certain cases, the developer may give you the chance to sell the timeshare to them.
B. Be prepared to have the amount you paid for the timeshare cut almost on half. And unless your timeshare is in an optimal location and busy area, you may have trouble selling it. With the right tactics in place and some patience, you will be able to sell your timeshare easily. Asking an amount that is fair and reasonable will be the key to success. Find out what other timeshares are selling for in the area. Your selling price should be a foundation built on the same or less than the market is offering. Asking for too much will make the buyer beware.
C. Put your pride aside and ask for help when needed. The difficult job of selling your timeshare and the trail of paperwork may prove to be overwhelming for you. It might behoove you to hire professionals who are licensed to deal with this on a daily basis. They should have a reputation and experience to bring you a sale.
D. Beware of the fees being asked for before the timeshare is sold. Employing a broker when a commission is involved is the best thing and will give you the security of knowing the costs will not cut into your finances. This will resolve any issues about money due for services not rendered. A broker with a good reputation can give you the information for the fair market value of the timeshare and will work for you to get the highest price possible. After all, if you make more, they make more.
E. Under no circumstances should you pay an upfront fee to any company who offers to market your timeshare. Many unscrupulous companies will tell you they have buyers at hand and ask for a marketing fee upon signing a listing agreement. Often these companies are unable to sell your timeshare at a reasonable price, while you are out the upfront fee, which can run as high as $500-1,000!
Putting your timeshare on the market may take time and be hard. If it is completed properly, it can be the best thing you have done financially and in other ways. As a result of taking the above advice, you will find success in selling your timeshare. Joining forces with a licensed broker can bring you extra time, money, and fewer worries.