So You Want to Sell Your Timeshare

You are the owner of a timeshare and have decided the time has come to part ways. You may be interested in another timeshare or have decided a timeshare isn't for you. Whatever your reason may be, a timeshare is a piece of real estate and you should place as much thought and planning into selling a timeshare as you would any other piece of real estate. Many agencies exist that will assist you in selling your timeshare or buy it outright. However, just as any situation where money is involved, there are many agencies that will successfully take your money and your timeshare, leaving you with a small percent of your profit. Of course, legitimate agencies exist that will assist you selling your timeshare in a completely professional manner. Weeding the legitimate agencies from the scam artists will save you a lot of time, frustration, and money.

The best scam detector you have in your arsenal is your common sense. Before placing your money and property in someone else's hands, it would be a good idea to do some research on that agency. Ask questions, check out their references, and contact the Better Business Bureau to see if any complaints have been filed against the agency. Remember the golden rule of buying and selling: if it's too good to be true, then it probably is! Do not decide on a whim. Spontaneity may be a good quality in other aspects of life, but not when dealing with anything to do with money. Your goal isn't to line someone else's pockets. Your goal is to sell your timeshare for its full market value. Beware of companies who require a fee before the sale of your timeshare has transpired. Even if they claim this fee is refundable once the sale is made, the best thing to do is turn on your heels and leave. Remember the basic relationship between a company and a client. Pay only after the desired result is achieved. Once the agency has your money, you have taken away their incentive to work.

Selling a timeshare can be a difficult task since there are many factors that are involved. Not only are you selling a specific time during the year, you are also selling a location and a resort. These factors make finding a buyer a bit more difficult, since someone may be interested in the time and location, but not the resort or vice versa. In order to provide the buyer with the best timeshare option, you need to price the timeshare realistically. Find out the going market value for other timeshares in your area or during your allotted time. To find this information, contact the resort for their current selling prices or check out the real estate records for your area. Another way to obtain a price is through an appraisal of your timeshare. An appraisal company will charge a fee for their service and can readily be found in the telephone book or by contacting an appraiser's association, such as the Appraisal Foundation.

Keep in mind, your goal is to sell your timeshare. Making a profit on your timeshare is a totally different matter. Remember, the key word to pricing is "realistic." The realistic pricing for your timeshare may be considerably less than the original selling price. Keep in mind, you have used the timeshare for the length of your ownership and probably have fond memories attached to your time on vacation. If the price is less than you were hoping for, remember these good times and think of the difference in price as vacation costs.

After pricing your timeshare appropriately, you can choose an agent to sell your timeshare or sell it yourself. If you opt to sell your timeshare yourself, start by advertising. Take advantage of any local newspapers where your timeshare is based. A great tool is the Timeshare User's Group at www.tug2.net. This website has great information on owning and selling a timeshare and is an excellent resource. Also check into advertising at the resort itself. Many resorts have publications, newsletters, or bulletin boards.

To learn more about selling your timeshare, just log on to the Internet and visit locations such as http://www.atimesharesz.com/sellingtimeshares to do a thorough search. However you choose to sell your timeshare, making well-planned decisions will ensure you will succeed in selling your timeshare and having the best possible experience.

© Copyright 2005 by Dana Sanders. All rights reserved.

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Looking for information about timeshares? Go to http://www.atimesharesz.com. A Timeshares Z is a timeshares and vacation, resort and condo rentals and resales directory. Visit http://www.atimesharesz.com/getaways.htm for featured low-priced vacation getaways at popular destinations across the U.S.

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In The News:

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Vacation home renters could see new rules in Collier County  Naples Daily NewsCollier's Tourist Development Council recommends county staff take a comprehensive look at short-term rentals, which could lead to new regulations.
Expedia CEO: Hotels can improve competitiveness with vacation rentals  Travel WeeklyLAS VEGAS -- Expedia Group CEO Mark Okerstrom assured hoteliers attending the Expedia Partner Conference that the rapid rise of Expedia's vacation rental ...
L.A. approves new rules for Airbnb-type rentals after years of debate  Los Angeles TimesThe Los Angeles City Council unanimously voted Tuesday to impose new rules on renting out rooms and homes for short stays, regulating a phenomenon ...
Preparing a swoon-worthy vacation rental  Chicago Daily HeraldIf you're thinking of listing your home as a vacation rental, have a listen to what travelers say makes a space inviting and welcoming, and what's a turnoff.
6 Airbnb alternatives (with Atlanta listings) you should know about  Atlanta Journal ConstitutionAirbnb has become the leading site for homeowners or tenants to earn extra income by renting out their properties, but there are other options like HomeStay, ...
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Next Year's Big Travel Trends Will Make You Want To Pack Your Bags  ForbesFor your next vacation, there's a pretty good chance you'll be checking into a place like La Casa Contenta, a stunning four-bedroom mansion in Temecula, Calif.
Hostaway raises $1.9 million to streamline vacation rental management  BetaKitToronto-based Hostaway has raised $1.9 million in seed funding as the company looks to tackle the evolving vacation rental industry.
Am I owed anything for a canceled TripAdvisor vacation rental?  The Boston GlobeAfter Marvin Herman's TripAdvisor vacation rental is canceled, he can't find a suitable replacement. Does TripAdvisor owe him anything?
Hawaii County Passes Strict Short-Term Rental Limits  VRM IntelLast week, the Hawaii County council voted 6–1 to pass short-term rental regulation Bill 108, which blocks new non-owner-occupied short-term rentals, limits ...
Three Utah resorts in top 10 of TurnKey's annual ski resort rankings  KSL.comSALT LAKE CITY — Ski Utah's Caitlin Furin has seen so many ski ranking lists that she's never surprised when Utah's resorts top the charts. But with recent data ...
The Best Maui Vacation Rentals on the South Shore  PR WebKihei, HI (PRWEB) November 19, 2018 -- Looking for a luxurious place to stay in Maui? Look no further. Knowles Maui offers numerous luxury oceanfront ...
Vacation rental giant Airbnb bans listings in West Bank settlements  The Times of IsraelSome 200 homes over the Green Line will no longer be available under new policy; Israel fumes over 'discrimination'
Editorial, C-Falls resort tax worthy of consideration  Daily Inter LakeLast month we reported that Columbia Falls is considering a resort tax as a way to pay for expanded emergency.
Deaths at Airbnb rentals put spotlight on safety and security  USA TODAYIn recent weeks, a couple of deaths have raised questions about the safety of Airbnb rentals.
Reader Opinion: Not able to choose, either  Brainerd DispatchTimeshares, vacation rental by owner, transitional, short-term, rentals are the names yet similar issues remain. Fact—often an absentee owner who does not stay ...
County study gets public hearing in Seaside  Daily AstorianA harder line on short-term rentals? By R.J. Marx. Seaside Signal. Authors of a new county housing study came to Seaside to unveil results from the report.
Taylor-Made Owner Becomes President for Vacation Rental Management Association  PR WebMcHenry, Maryland (PRWEB) November 05, 2018 -- Taylor-Made Deep Creek Vacations & Sales, a leading vacation rental and sales firm located in McHenry,
Travel Solutions: Am I owed anything for a canceled TripAdvisor vacation rental?  tucson.comAfter Marvin Herman's TripAdvisor vacation rental is canceled, he can't find a suitable replacement. Does TripAdvisor owe him anything?
TurnKey Vacation Rentals Ski Report 2018: Best Overall and Most Searched Mountain Resorts for Ski Season 2018  PR WebAustin, TExas (PRWEB) December 04, 2018 -- Today, TurnKey Vacation Rentals released its 2018 Ski Report highlighting the best overall and top 5 most.
Israel Retaliates After Airbnb Removes Settlement Rentals  TIME(KFAR ADUMIM, West Bank) — Israel said Tuesday it would slap high taxes on vacation rental company Airbnb and encourage legal steps against the site over ...
Woman Used Stolen Credit Cards to Pay for Palm Springs Vacation Rentals  NBC Southern CaliforniaA woman who used stolen credit cards to rent out Palm Springs vacation rental properties pleaded guilty Wednesday to more than a dozen counts of identity ...
Sarasota City Commission to take up rental issue on Monday  Sarasota Herald-TribuneOpponents of short-term, host-occupied accommodations say it will lead to residential commercialization. SARASOTA — The Sarasota City Commission on ...
Restaurant Manager, Snow King Resort  BuckrailIf making meaningful connections, figuring out what it takes, and stepping it up to win the day is what you do, and you love it, Snow King Resort wants you!
TMZ: Tom Cruise In Lake Tahoe Filming ‘Top Gun’ Sequel  CBS SacramentoSOUTH LAKE TAHOE (CBS13) – It's widely known that Tom Cruise is reprising his famous role of Maverick in “Top Gun” in a sequel, but this time around, he's ...
These Utah ski resorts were some of the internet's most-searched resorts in 2018  Deseret NewsAccording to a report by TurnKey Vacation Rentals, Utah is home to some of the most searched-for ski resorts of 2018.

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