How does the process to sell a timeshare on the resale market work?
Interested buyers shop for a timeshare to fit their vacation preferences here on SellaTimeshare.com. When they find the timeshare deal they want, they submit their offer to buy through this website. The current owner is then notified of the offer and has the right to accept it, reject it, or counter the offer.
SellaTimeshare.com is a subscription-based, self-service timeshare sales, and rental website. The process is wholly transparent, user-defined, and never involves a middleman. However, once a seller connects with a buyer, they may choose to involve the paid services of a timeshare broker or timeshare closing company of their own selection to close the deal. Recommended services include Timeshare Broker Associates (1-877-624-6889). Timeshare transfers generally take 4 to 6 weeks, and include closing costs, in some cases transfer fees, and in states that require review by an attorney, legal fees. Despite these necessary expenses, the decision to buy or sell a timeshare through this simple by-owner process remains one of the most cost-effective ways available today to sell or purchase vacation ownership.
How do I know if I’m really ready to sell my timeshare?
Owning a timeshare is a great value proposition—as long as you’re using and enjoying your vacation ownership. If you find your timeshare is no longer convenient to use or no longer fits your lifestyle, it makes sense to offer that interval or your points on the timeshare resale market.
If you’re looking for a quick resell, you might want to price your timeshare aggressively and competitively. If you’re willing to wait longer, seek a buyer who is willing to pay a higher asking price.
Is there a market for timeshare resales?
Although some publications attempt to create headline news by implying that timeshares do not sell on the resale market, that assertion couldn’t be farther from the truth. Each month, thousands of potential buyers look online for vacation values by searching phrases such as “timeshare resales,” and “buy timeshare,” or by searching for more specific terms that include the name of a timeshare brand or destination plus the words: timeshare resales. These prospective buyers are proactively looking on the secondary market for timeshares to purchase.
Understandably, demand will be greater for some timeshares than for others. However, even if you own a timeshare at a less popular, older, or off-the-beaten-path location, you shouldn’t assume you won’t find a buyer. Vacation styles and preferences vary greatly, which means that every day there are buyers searching for a vast range of timeshare venues and features – and it’s our job to connect you with those individuals.
As a timeshare owner, how do I start the resale process?
To sell a timeshare as a resale, owners need to:
1. use the services of a high-visibility online timeshare advertising website designed specifically to attract buyers (such as the one we operate at Sell a Timeshare)
2. price your timeshare at market value, which is the price at which comparable units or intervals are currently selling.
To begin the process of selling your timeshare, it’s as simple as signing up for a free account with Sell a Timeshare.
What makes Sell a Timeshare different from other online timeshare resale websites?
Sell a Timeshare is a free, self-service, resale platform. We provide one of the most reliable, effective, and risk-free ways to sell your timeshare through a free advertising model.
Our advertising platform and online infrastructure were launched in 2000 and have been expanding ever since. We are able to attract more than a million potential timeshare buyers each year using online marketing tactics.
Our process is totally transparent and involved no sales commissions or hidden fees. We are truly one of the most cost-efficient ways available today for reselling your timeshare.
What documents do I need to have on hand to sell my timeshare?
The most helpful paperwork for owners to have at the time they begin advertising to sell a timeshare is the ownership documents received when the timeshare was originally purchased. These documents typically include the deed and the original purchase and sales agreement defining the current owner’s terms of ownership. The more specific information sellers include in their online advertising, the more likely they are to attract serious buyers.
In addition to terms of ownership, buyers are interested in the week or weeks owned, the number of points, building and unit location, floorplan, view, and the specifics regarding the number of bedrooms, bathrooms, and televisions. The standout features of the timeshare unit or resort that give it personal appeal are often the deciding factors in making the sale, so as a seller, you would be well-advised to include firsthand insights, as well as photos to make your ad informative and engaging. Here is more information about what you need on-hand to sell your timeshare.
What if I need help during the closing process?
Sell a Timeshare is a self-service advertising website; however, sellers still have resources to help them with their sales process. Licensed timeshare real estate brokers can handle negotiations and closings for by-owner sellers (fees apply). We recommend the services of our sister company, Timeshare Broker Associates, which you can contact by calling 1-877-624-6889 or visiting timesharebrokerassociates.
Can I make changes to my timeshare ad after I have posted it?
Yes! Our self-service platform puts owners in complete control of their advertising, meaning you can add information or make changes at any time.
Is a buyer saving money when they purchase my timeshare?
The buyer locks in the cost of vacation accommodations at current prices when they purchase a timeshare. If that timeshare is purchased on the resale market, the savings are even greater. Owners can vacation for a few years or for a lifetime at their timeshare and if or when owning a timeshare no longer fits their lifestyle, they can sell a timeshare unit, interval, or points, and recoup some of their original cost.
What does a prospective buyer need to know about my timeshare?
Buyers will want to know what type of timeshare ownership you have. You may hold the right to vacation at a specific resort (sometimes even revisiting a specific unit), or you may hold the right to plan your vacation at your choice of many resorts. The vacation dates may be flexible, known as a floating week, or set, known as a fixed week. If you own floating weeks, you may have the right to book your vacation at any time during the year or you may be limited to booking your vacations during a pre-established season. Potential buyers will need to know all of this information before making a purchase decision. Here are some other details prospective buyers will want to know about your timeshare.
What is the importance of timeshare seasons for prospective buyers?
Every resort experiences peak seasons when it is busier or more in-demand than at other times of the year. Naturally, peak season timeshare ownership costs more to purchase or requires more timeshare points to book than a timeshare in a lower-demand season.
Additionally, timeshare seasons don’t match calendar seasons; for example, winter is a peak season at most ski resorts but can be a lower-demand season at a beach resort. For this reason, timeshare seasons are typically categorized as red; white (or yellow); blue (or green) seasons. Prospective buyers will want to know in which timeshare season you own as it influences the price and their vacation options.
What if I own a timeshare interval that is longer than one week?
Timeshare is generally sold in blocks of one week of vacation time, although timeshare points may be sold in incremental amounts, especially when purchased as timeshare resales. If you have purchased multiple weeks of a timeshare or a large number of vacation ownership points and are able enjoy multiple getaways or longer vacations each year, you will have a more desirable option for buyers looking on the timeshare resale market.
Have a question you don’t see an answer to on this page? Contact us! We’re happy to help provide any information to need about putting your timeshare on the resale market.