March 21, 2023
Wondering how to sell a timeshare in Mexico? The timeshare resale market is a great option. Mexico is a popular vacation destination for many, making your Mexico timeshare highly attractive to prospective buyers looking on the secondary market.
You will likely be able to sell your Mexico timeshare, especially if you sell on the resale market. If your Mexico timeshare is located in Cancun, Quintana Roo, Puerto Vallarta, or Los Cabos, it’s in one of the top most popular vacation destinations in the country, and will likely be in high demand. However, it’s still recommended that you use a professional to help you sell your Mexico timeshare to ensure you make a successful sale and responsible exit.
Mexico is a convenient place to vacation because of its beautiful destinations and proximity to the United States. Not to mention, it’s easy to get direct flights from many major airports in the U.S.
If you own a timeshare in Mexico, you likely have a points-based timeshare; non-citizens are not allowed to buy deeded units within the international or oceanfront borders of Mexico.
Buyers will be interested in the type of ownership you have; points systems are more popular because of the flexibility they provide.
Additionally, buyers will be wondering about any timeshare laws specific to Mexico that impact ownership. We recommend working with a professional like Sell a Timeshare and our sister company, Timeshare Broker Associates, to help navigate the procedural landscape and protect your interests.
There is a buyer out there looking for every type of timeshare, and someone is looking for yours. Mexico is a highly sought-after destination so you’re sure to find an interested buyer on the secondary market.
The benefit of selling your timeshare on the resale market is that you can make some money from your ownership; however, it is unlikely that you will find a buyer who is willing to pay full price.
If you originally bought your timeshare at the resort, the price you paid included marketing fees and sales commissions, bringing the total cost to more than the true value of your timeshare. Those fees and commissions aren’t part of resale prices, so prospective buyers are expecting to pay a fraction of what you paid for your timeshare when they purchase on the secondary market.
Selling your Mexico timeshare on the resale market is more about being able to make a responsible exit from your timeshare ownership and your maintenance fees. Making some money in the process is a nice benefit – just be aware that you will make less on your timeshare than you originally paid.
Before putting your timeshare up for sale on the resale market, you must gather all of the ownership documentation you received when you initially purchased your timeshare. These documents include the right to use certificate and the original purchase and sales agreement.
You’ll also need to know specific details about your timeshare. When you include these in your timeshare ad, it helps prospective buyers understand exactly what they’ll be getting with their purchase. These details include:
Your resort brand or company
Where in Mexico your timeshare is located
Details regarding your right-to-use or points-based ownership
If you have a points-based ownership, will your points transfer? How many points can the buyer purchase?
Whether your ownership is annual or biennial
The size of your timeshare unit, if applicable, and basic layout details for bedrooms and bathrooms
If you need additional help gathering any information or understanding the documentation you’ll need to begin the sales process, our sister company, Timeshare Broker Associates, provides licensed brokers who can help negotiate the sale and closing for an applied commission after the sale is closed.
Think of the timeshare resale market like the preowned car market, but for properties, and with the expert backing of Sell a Timeshare, a reputable timeshare reseller with a proven record of success. When you work with Sell a Timeshare, you can easily post your timeshare for sale using our free online advertising platform. Simply include the important details prospective buyers will want to know, and then wait for an offer to come through!
Sell a Timeshare is a completely transparent, self-service, for-sale-by-owner platform with no middleman, huge commissions, or hidden fees. We provide one of the most reliable, effective, and risk-free ways to sell your timeshare through a free advertising model that can reach more than one million potential buyers annually. We use savvy marketing tactics and years of experience in the timeshare sales industry to make it happen.
To sell your Mexico timeshare on the resale market using Sell a Timeshare, the process is as follows:
Get your timeshare documentation and information together to prepare for specific questions the buyer may have.
Create your free subscription and timeshare ad, providing basic information about your timeshare. Our automated system will then create your ad.
Provide updated and accurate contact information to ensure you’re accessible to interested buyers. Inquiries and offers will be made by email, so be sure to use an email address you check regularly.
Respond to inquiries quickly as buyers don’t want to wait too long for a response. Check your emails regularly to capture inquiries and offers when they happen.
If you want to sell your timeshare and aren’t sure which path you’ll follow, keep in mind that there are a lot of timeshare scams out there that target sellers. Here are a few tips to be sure you don’t get scammed.
Work with a reputable resale company, like Sell a Timeshare, that has experience selling timeshares and the backing of the world’s foremost timeshare resort industry and tourism associations.
Do not sell to a buyer or someone who claims to be an intermediary for a legitimate buyer who calls you or emails you, especially if they make an offer that sounds too good to be true.
Do not send money to a buyer or anyone who claims to be an intermediary for a legitimate buyer who is requesting money from you to pay for documentation from the Mexican government. Ultimately, sellers who send the money become the victims of fraud.
Get everything in writing before you agree to sell your timeshare to ensure a paper trail and proper accountability.
If a company promises to sell your timeshare right away to a waiting buyer, consider that promise a red flag and don’t continue to work with them.
Don’t send money by wire or gift cards.
Working with a professional, experienced licensed timeshare resale broker is, in our recommendation, the best approach. You typically won’t pay any upfront fees to list your timeshare for sale, and while the broker may charge a flat fee or commission, it will only be charged after the sale is complete. This is why we recommend involving the full service support of our sister company, Timeshare Broker Associates, so they can help you qualify potential buyers and ensure a smooth sales process.
If you want to make a responsible exit from your Mexico timeshare, selling on the resale market is your best option.
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