Travis LTravis
Q:

How do I sell my timeshare?

I’m looking to sell my timeshare. I’ve heard of places that charge money, but are there any free alternatives?

Thanks!

This question was asked on Monday, June 22nd, 2009 at 8:27 pm and is filed under Sell Timeshare. You can follow any responses to this entry through the RSS 2.0 feed.

4 Answers to “How do I sell my timeshare?”

  1. Travis L
    James
    A:

    In my experience, the places that charge money also spend money to advertise. What good will posting your ad on a free timeshare site do if it gets no exposure?

    Good luck!

  2. Erik B
    Unhappy Craig
    A:

    Timeshare advertising can be incredibly confusing.. You are right to be hesitant..

    You can find some low cost or free websites, but always take into consideration that these sites often provide you with very little exposure to buyers, or worse yet- provide you with huge exposure to fraud!

    About a year ago I posted an ad on a popular free “list” site I saw mentioned on some forums, and I had two people contact me within days, both saying they’d send me a check.. I told the second guy it was already sold, but he insisted that he’d send me a check anyway in case the other guy got cold feet..

    Lo and behold, within days I received two “money orders”! Both however, were made out for far more than my advertised price.. Then, the next day the frantic calls started! Both “gentleman” called in telling me how I needed to immediately send them the overpayment by Western Union. They were very demanding and called over and over, asking if I’d sent the money. My neighbor is a deputy sheriff so I asked him about it.. He said this is just one of many scams common to the internet! Turns out the “money orders” were fake..

    Needless to say, I got a few more of the same “buyers” to contact me over the next few days- and then seemed to be on every single timeshare scam list in the country! The emails and phone calls were just ridiculous! I still get the occasional call from a scammer telling me they have a buyer for my timeshare, and I just need to pay them about $1,500 for a title search!

    I wish I’d have never posted that “free” ad… I’m still paying for it today!

  3. Erik B
    Erik
    A:

    I strongly recommend you contact our sponsor, Timeshares Only.. They require an upfront fee, but provide you with a safe and effective option. No other venue gives you as much exposure. Price properly, and you’ll find it is well worth the advertising fee!

    You may also want to visit this link for more information on some common scams in the resale market. http://www.timesharesonly.com/timeshares-only-scam

  4. Erik B
    rikkis_playpen
    A:

    Your best option is always to try to learn how to use your ownership.

    If you simply don’t use it, you can try to contact a respected brokerage to find out what options you have. For the top tier resorts, it may be possible to find a broker willing to accept a listing without any upfront fee requirement. Be aware, though, most brokers require a minimum commission of at least $2,000. be earned at closing!

    If your ownership doesn’t have a strong resale value, you will find that most brokers simply refuse to accept the listing.

    If you can’t advertise through a brokerage, or if you don’t want to pay a large commission at closing, I also recommend Timeshares Only. I’ve seen their TV commercials hundreds of times, so I know they actually advertise!

    Finally, Erik’s comment about proper pricing is vital! Regardless of where you advertise, you must price properly to have a good chance at selling. The timeshare market is very competitive, so always try to think like a buyer! Price is always the single most important thing buyer’s look for in an ad.

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