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| Written by Timeshares Daily Staff | |
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Need to sell your timeshare? With a falling stock market, higher energy prices, plus an uncertain financial future for 401Ks, some U.S. timeshare owners are looking to make timeshare sales on the international market. Selling timeshares in a declining market can be costly. A timeshare purchased for $10,000 just a few years ago, might bring a fraction of that from a fire sale to a meager US customer. Fortunately, the currency exchange rate is bringing travelers to the US from abroad in record numbers. The U.S. Department of Commerce announced international visitation to the United States rose 15 percent, and visitor spending increased by 20 percent in the first quarter of 2008 over last year. In March 2008, visitation to the United States climbed substantially to 4.7 million, an increase of 19 percent over March 2007. This boom provides timeshare solutions for timeshare sellers with a new market opportunity and helps maintain timeshare sale prices when they sell their timeshare. But making timeshare offers to an international visitor from the UK for your timeshare in Las Vegas or Orlando may be a difficult task for an individual who lives in California. The first issue is that selling a timeshare is a complicated transaction. The marketing, sale and transfer of a timeshare involves numerous parties including the seller, the buyer of the timeshare, and those who run and maintain the timeshare. Selling timeshare to international buyers on your own may not be safe. The process requires expertise in international marketing, designing protections from fraud, and an ability to fund escrow. Even finding a buyer for your timeshare could be ensnarled with a property transfer that exceeds a timeshare seller’s patience and experience |
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