Sell a Timeshare
When it comes to selling a timeshare, there are a number of steps that you will have to take.But, if you want to make things easier, you can use an Internet timeshare broker service to get the best deals.A broker can help you find an investor who is interested in buying the timeshare; you then need to prepare yourself to sell the timeshare to them.
First, dig up your original contract (including any documents about the timeshare) and carefully read through it to see what you have signed.You will need this particular information in order to properly sell your timeshare.You should also check the fine print of your contract to make sure that the conditions of the deal are in compliance with local laws.Most timeshare investors are not familiar with these types of clauses, so they may want to discuss them with you before signing the agreement.You may be surprised to find out that they have little legal weight, but they are the rules that govern the transaction.
After you have thoroughly looked over the contract and looked over the conditions of the deal, you will then want to contact a timeshare broker service.The services will represent you and will help you sell your timeshare.It is best to use an Internet broker service because you are more likely to get a better deal if you use one company to represent you.In addition, most companies will offer a number of different payment methods.
In addition to being represented by a timeshare broker service, it is a good idea to ask around at your resort community about where you can sell your timeshare.Many people will not be eager to buy a timeshare that they have not used, so you may have to convince them that it is worth a few hundred dollars.If you are trying to sell your timeshare for a few thousand dollars, it is a good idea to contact the owners of vacation homes and condos that may be in the same area as the resort where you are considering selling the timeshare.
Once you have established that a resort community would be interested in your timeshare, it is important to set up a meeting with a time-share resale company. This person will talk you through the process of selling your timeshare to the right investor.They will provide you with all the information that you need to convince the right investor to buy the timeshare.You may want to hire a professional to represent you in this matter because you will need to put forth a lot of effort to get a good deal.The time-share broker service can assist you in this regard.
Before you go in front of a prospective investor, you will need to decide on a price for your timeshare.You should also determine how much money you want to make from selling the timeshare.The higher your asking price, the more money you will make.
When a time-share broker service gets your offer accepted, they will contact the investor and will give you a contract that has the details of the sale.You will have two weeks to sell your timeshare.In some cases, you may be able to negotiate a shorter period of time, and in others you will have just a few weeks.You may be able to complete the sale within two days.
Once you have sold your timeshare, you will have to pay the broker fees and other fees associated with the deal and the timeshare reseller.The reseller will then take care of paying the hotel or resort.The timeshare reseller will pay you a fee each month for letting you have access to their services.It is very important to remember to have your own insurance policy in place before selling your timeshare.This will protect both you and the company that will be purchasing your timeshare.