How to Sell Your Timeshare the Right Way

Author

Wes Kogelman

August 16, 2022

A Complete Guide to Selling Your Timeshare Weeks and Points on the Resale Market

We realize that the decision to sell your timeshare may feel like a big undertaking, but we want to help you learn how to sell your timeshare the right way so you get the best value through a seamless process. 

How to Sell Your Timeshare Using an Advertising Platform in 6 Easy Steps

For the purposes of this article, we want to provide a guide to using a free advertising platform like Sell a Timeshare to put your timeshare on the resale market. This approach is a great way to get your timeshare in front of millions of prospective buyers without having to expend a lot of time and energy to manage the sales process. 

Once you’ve decided to use an advertising platform for your timeshare sale, there are a few steps to be aware of and follow to ensure you get the most out of your timeshare ad. 

Step 1: Gather all the information you have about your timeshare. 

You’ll want to make sure you know all aspects of what you own so you can proactively promote your timeshare to potential buyers. Here are the types of information you’ll want to have at the ready:

  • All documentation to verify what you actually own – do you have a timeshare or a vacation club? What resort is it through? Is it a deeded property? You should also have the original sales documents such as the purchase and sales agreement. In some cases, the resort or management company may have changed hands so contact your resort if you need confirmation of your ownership details. Other documents like the deed of ownership, trust documents for points ownership, and even verification of exchange value from your timeshare exchange provider can help. The more detailed you are, the less likely it is that problems will occur during the closing process. 

  • Confirm whether your points transfer – if you have points attached to your ownership, make sure they will transfer to the new buyer. 

  • Know all the details about your unit – is the week fixed or floating? A 3/2 or a 2/2 with a loft? Oceanfront or oceanview? These details are important to specify so buyers know exactly what they’re getting. In the case of points ownership, you’ll want to know the exact number of points you own, the resort those points are deeded to (if applicable), and the anniversary date of annual renewal. Also, details of the size and type of unit those points will provide can also help. If you own weeks, you’ll want to know the week owned, unit configuration (bedrooms and bathrooms), unit location and view (oceanfront, mountain view, etc.), as well as unit amenities and resort amenities. 

  • Have good, accurate photos – The better the photos, the better the property looks to interested parties. Snap photos that are well-lit, show off unique features of the timeshare and provide a good idea of what it looks like inside and out.

Step 2: Sign up to advertise. 

Our advertising platform is easy and self-service, which means you can put your timeshare up for sale at any time – at no cost to you.

It’s also completely automated, so you participate on your schedule and upload your information at your leisure – no salesperson necessary. But if you need help, we’re here for you, and we encourage you to get answers to any questions or concerns you may have. It’s important to get the details right before publishing your ad.

Step 3: Create your timeshare advertisement.

When you create your ad, be prepared to answer specific questions about your timeshare and fill in details, such as the number of bedrooms or bathrooms or how many points you own. Be aware that there are certain details relative to the type of timeshare you own that can impact how it’s valued. These details include:

  • Whether your timeshare is owned at an independent, stand-alone resort or through a branded program such as Disney Vacation Club. The ownership model can impact the estimated demand for the product and, therefore, the timeshare value.

  • The location of your timeshare. According to the American Resort Development Association (ARDA), beach locations are the most popular, so a beachfront timeshare in a place such as Myrtle Beach could be worth more than a timeshare in a more rural setting.

  • The season in which your ownership week sits. The time of year greatly impacts the timeshare value. Whether it is a fixed or floating week, a week of timeshare in a place like Ocean City, Maryland, is going to be worth much more in July than in January.

  • Unit details, such as oceanfront vs. oceanview, slopeside vs. a short drive to the mountain. Do you own a studio unit compared to a two-bedroom with a full kitchen and balcony? Not all these details will impact the value, but they do impact someone’s decision to buy, so it’s important to have the information on hand.

Step 4: Provide up-to-date contact info and check often. 

You’ll be asked to provide contact details so we can reach out to you when a buyer makes an offer. Make sure your email address is correct and the one you want to use, and be sure to keep an eye on it. And make sure you check your spam folders and add our email to your safe-sender list so it lands in your inbox.

Step 5: Once that email lands, respond quickly!

The timeshare resale market moves fast, and buyers typically don’t want to wait too long to get a response before they’ll move on to another option. We stress the importance of checking your email because once you’re notified of an offer, the best course of action is to provide a response as soon as possible.  

Step 6: Make the sale!

Because of our data-protected platform, no direct personal information is shared between you and the buyer. However, one of the major advantages of using our self-service program is our relationship with our affiliated brokerage firm, Timeshare Broker Associates (TBA).

Once an offer comes in, we'll refer it to the licensed agents of TBA so they can contact the buyer directly to verify that the offer is true and legitimate. The offer is then presented to you, and if you accept the offer the agent sends both parties a written agreement and holds a deposit from the buyer on your behalf to secure the sale.

Working with top timeshare resale agents at TBA can make the sale process as streamlined as possible. Brokers negotiate a sale, handle the purchase and sales paperwork, and facilitate the agreement with a reputable closing company. 

Selling your timeshare doesn’t have to be complicated. We can help you learn how to sell your timeshare without a headache and for a value you can be satisfied with. 

Create your free timeshare ad.

Related Insights & Resources

Inside scoop on selling a timeshare

Timeshare Resales

Tips to Sell a Marriott Timeshare: Maneuvering the Market

Selling a Marriott timeshare, those available through Marriott Vacation Club, is a nuanced process given the specialized nature of the market. Learn more here.

Read more

Inside scoop on selling a timeshare

Types of Ownership

Can You Sell Vacation Club and Travel Club Memberships?

If you no longer want to be a part of your club or cannot use your membership, can you sell your vacation club or travel club memberships? Let’s find out.

Read more

Inside scoop on selling a timeshare

Timeshare Resales

Best Time to Sell a Caribbean Timeshare

A combination of factors, including visitor trends, local developments and even the weather play a pivotal role in the best time to sell a Caribbean timeshare.

Read more