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	<title>Selling Timeshares &#187; commissions</title>
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		<title>What to Do When Selling Timeshares</title>
		<link>http://www.sellingtimesharesnow.com/what-to-do-when-selling-timeshares/</link>
		<comments>http://www.sellingtimesharesnow.com/what-to-do-when-selling-timeshares/#comments</comments>
		<pubDate>Mon, 04 May 2009 19:54:14 +0000</pubDate>
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				<category><![CDATA[Selling Tips]]></category>
		<category><![CDATA[appraisal]]></category>
		<category><![CDATA[broker]]></category>
		<category><![CDATA[commissions]]></category>
		<category><![CDATA[for sale by owner]]></category>
		<category><![CDATA[real estate agent]]></category>

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		<description><![CDATA[Selling a timeshare can be difficult.  Sometimes it is necessary to unload the burden of timeshare ownership.  You should know that you will rarely make money selling a timeshare.  As a matter of fact, in the current economic times I have read that when selling timeshares owners usually get about 10-25% of what they paid [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Selling a timeshare can be difficult.<span style="mso-spacerun: yes;">  </span>Sometimes it is necessary to unload the burden of timeshare ownership.<span style="mso-spacerun: yes;">  </span>You should know that you will rarely make money selling a timeshare.<span style="mso-spacerun: yes;">  </span>As a matter of fact, in the current economic times I have read that when selling timeshares owners usually get about 10-25% of what they paid for it.<span style="mso-spacerun: yes;">  </span>However, hopefully you got all the value out of the timeshare by having wonderful vacations in them.<span style="mso-spacerun: yes;">  </span>Below is a list of things to den when you are selling timeshares.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Find a real estate agent.<span style="mso-spacerun: yes;">  </span>Make sure you are dealing with a licensed agent or broker.<span style="mso-spacerun: yes;">  </span>You will need to research the local governing agencies where your timeshare is located to find out what licenses are available.<span style="mso-spacerun: yes;">  </span>There are many scammers out there, so it is important to make sure you are dealing with a legitimate agent.<span style="mso-spacerun: yes;">  </span>Agents can help you market your timeshare to a wider market than you may be able to do on your own.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Do not pay upfront fees.<span style="mso-spacerun: yes;">  </span>This is a major red flag for a scammer. If you pay a broker a flat free upfront to sell your timeshare, then you have thrown your money away.<span style="mso-spacerun: yes;">  </span>First of all, the broker or agent has no incentive to get you the most money for your timeshare.<span style="mso-spacerun: yes;">  </span>Additionally, they could run with your money and not do anything at all for you.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Consider selling your timeshare by owner.<span style="mso-spacerun: yes;">  </span>Obviously this would require much more work than using a real estate agent, but it could save you a ton of money in fees and commissions.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Use an appraisal service.<span style="mso-spacerun: yes;">  </span>Hire a respected timeshare appraisal company to come and tell you what your property is worth.<span style="mso-spacerun: yes;">  </span>This will give you leverage when negotiating a deal.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Price your unit correctly.<span style="mso-spacerun: yes;">  </span>If you try and sell your unit for what you paid for it you is going to sit on it forever, especially if you bought your unit from a large company.<span style="mso-spacerun: yes;">  </span>These companies will spend enormous amounts of money marketing their timeshares and then pass the cost down to you.<span style="mso-spacerun: yes;">  </span>This may help you get an inexpensive vacation.<span style="mso-spacerun: yes;">  </span>However, you will be upside down in value.</span></p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Advertise your sale.<span style="mso-spacerun: yes;">  </span>There are special venues for advertising timeshares for sale and it is important to invest in this.<span style="mso-spacerun: yes;">   </span>It is not like people who are shopping for timeshares are going to actually go down to the place they are considering.<span style="mso-spacerun: yes;">  </span>They are going to purchase the timeshare from home, and then go on their vacation.<span style="mso-spacerun: yes;">  </span>So if you are selling your timeshare by owner make sure you invest in good timeshare advertisements.</span></p>
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