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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DL council gives final approval to stiffer regulations for vacation...  Detroit Lakes OnlineThe Detroit Lakes City Council has given its final stamp of approval to a new ordinance that will regulate short-term rental properties within city limits, such as ...
Las Vegas rejects high-rise vacation rentals bill  Las Vegas Review-JournalThe Las Vegas City Council on Wednesday nixed regulations for short-term rentals in high-rises that would have established a maximum percentage within any ...
Department of Justice Consumer Protection Unit warns of rental scams  Milford BeaconThe Consumer Protection Unit of the Delaware Department of Justice warned Delawareans to be wary of scams when looking for a vacation rental this summer.
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Hamilton man charged in connection with ticket sale and vacation rental scam  CTV NewsA 27-year-old man from Hamilton has been charged in connection with a vacation rental and event ticket scam and police believe there may be more victims.
Amsterdam Says Newly Built Homes Aren't for Renting Out  CityLabIn an effort to make housing more affordable, the Dutch capital is crafting a law that says anyone who buys a newly built home must live in it themselves.
Largo leaders sign off on new regulations for vacation rentals  Tampa Bay NewspapersLARGO — City leaders are closer to finding that sweet spot between protecting the rights of short-term-rental properties and looking out for the safety and ...
Why has Vacasa purchased New Orleans-based Big Easy Vacation Rentals?  Short Term RentalzUS: Vacasa, North America's largest vacation rental management platform, has purchased Big Easy Vacation Rentals from Louisiana entrepreneur Johnson ...
SLED investigates NMB vacation rental company accused of owing thousands to renters, owners  WMBFCondo owners in North Myrtle Beach said they haven't been paid in months by Keye Beach Rental for vacationers using their units. Renters said they are also ...
Chip and Jo listing another 'Fixer Upper' property as vacation rental: report  Fox NewsChip and Joanna Gaines are reportedly expanding their rental-property portfolio with yet another shiplap-inclusive vacation home.
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VIDEO: Short Term Vacation Rental Rules Worry Volcano Village, Puna  Big Island Video NewsVOLCANO VILLAGE, Hawaiʻi - Business owners in the town of Volcano are worried a new law regulating short-term vacation rentals on the Big Island will ...
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Bill that would kill Bend short-term rental rules stalls  Bend BulletinSALEM — The legislative clock is running out on a bill that would overrule local limits on short-term rentals opposed by Bend and other communities.Senate Bill ...
LA JOLLA NEWS NUGGETS  La Jolla LightEyesore cottages likely to be restored soon. Restoration on the Red Roost and Red Rest cottages — located at 1187 and 1179 Coast Blvd. — is probably less ...
Wyndham Extra Holidays Announces Affordable Resorts In Popular Warm-Weather Destinations Across The U.S.  BenzingaORLANDO, Fla., March 21, 2019 /PRNewswire/ --Warm weather is within grasp and summer vacations will be here before we know it. From tranquil island ...
Travel Navigator: Fur flies over travel industry pet cleanup charges  The Mercury NewsIrked by hotels charging pet fees? That's nothing compared with pet clean-up charges. Here's what you need to know about traveling with pets.
Bills could raze Austins regulations on short-term rentals  Austin American-StatesmanTexas lawmakers are making a second run at tearing down the short-term rental restrictions of Austin and other cities.Identical bills filed this session in the ...
Love Your Hotel Room? Take a Piece of It Home  The New York Times“Shoppable” hotel rooms offer items from cosmetics and toiletries to art and furniture that guests can buy, essentially turning a piece of your vacation into ...
Candidate Tommy Waters sits down with GMH and talks special election  KITV HonoluluCandidate for District IV, Tommy Waters, joined the Good Morning Hawaii team to discuss the upcoming special election.
Affordable housing upzones approved by Seattle City Council  Curbed SeattleIn a culmination of a years-long process, Seattle mayor Jenny Durkan signed a measure implementing affordable housing requirements in 27 seattle ...
Federal Way Symphony celebrates 35 years  Federal Way MirrorA 35th anniversary auction and gala will kick off the symphony's emerald anniversary celebration on March 30.
Unlocking Travel for All: How VillaKey is Making Vacations Accessible for Families with Autism  VRM Intel“I got an opportunity just a couple weeks ago to spend some time with one of our families in Orlando,” said Alice Horn, founder and CEO of Miami-based VillaKey ...
Local cities named top family spring break destinations  WJHG-TVOur area looks to be a hot spot for families this spring break season.
A Closer Look at Sonder's Tech-Focused Bet on Next-Gen Rentals  SkiftStep into Sonder's latest outpost in Philadelphia's museum district and you could be forgiven for believing you were in a hip, almost boutique, hotel. One Sonder ...
10 Best Scenic Views in Arkansas to Enjoy This Spring  kkyr.comSpring is officially here! Trees budding, flowers blooming, birds chirping, it doesn't get much better than that unless of course, you're spending some time in the ...
Airbnb and Miami Beach Are at War. Travelers Are Caught in the Crossfire.  The New York TimesOn a recent Friday evening, David Igbokwe and his friends were relaxing in their Miami Beach Airbnb, listening to music and getting ready to go out to dinner.
Editorial: Legislative preemptions old and new show why local control often best  Naples Daily NewsIs it wise to assume that statewide rules issued from Tallahassee make sense for every locality? We'd argue it's often not.
Zeus raises $24M to make you a living-as-a-service landlord  TechCrunchCookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they're either stuck in bland, ...
Is The Founder Of HOTELette The Next Generation of Boutique Hoteliers?  ForbesThe hospitality industry is rapidly changing, especially with the success of Airbnb, which has paved the way for a new crop of boutique experiences.
The Conversation: Tuesday, March 19th 2019  HawaiipublicradioManaging Molokini; Medical Residencies; Regulating TVUs; Hawaii Civic Clubs.
Creating a Standout Vacation Rental  The New York TimesHow to furnish a space that will attract guests — and withstand the wear and tear that comes with them.
South Lake Tahoe's measure to ban vacation rentals squeaks to victory  San Francisco ChronicleA ballot measure to ban all vacation home rentals in South Lake Tahoe's residential neighborhoods after three years — and reduce their occupancy limits almost ...
Vacation Rental Competition Show Comes to Netflix  VRM IntelNetflix users in the US can add another vacation rental reality series to their watch list: “Instant Hotel.” The Aussie reality competition show pits 10 pairs of ...
Vacation Rentals  Daily AstorianA charming seaport that sits among hilltops overlooking the Columbia River, Astoria, Oregon, is a popular Pacific Northwest tourism destination. It's not an ...
Policing Hawaii's Illegal Vacation Rentals  Hawaii Business MagazineHonolulu's weak law makes it hard to crack down on illegal vacation rentals, but a new law is in the works. Other jurisdictions – in Hawaii and on the Mainland ...
Rules on short-term vacation rentals can cause the most consternation in condo associations  Washington PostREAL ESTATE MATTERS | Banning all rentals, limiting rentals to no more than one year or limiting rentals to emergency situations are far more problematic and ...
8 Most Surprising Vacation Rental Industry Developments in 2018  VRM Intel2018 was a whirlwind for those of us who cover the vacation rental industry. The pace of news about funding, acquisitions, regulation changes, and tech ...
New Orleans weighs banning Airbnb, 'whole home' vacation rentals  USA TODAYA ban on "whole home" short-term vacation rentals in New Orleans was proposed Thursday by a City Council member.
The dirty truth about cleaning fees: Travelers complain as charges soar  USA TODAYCleaning fees are popping up in hotels and vacation rentals everywhere. Here's how to know if they're legitimate.

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