There are many options available for selling timeshares. You can sell by owner or go with a broker or real estate agent. Both circumstances have pros and cons, but the best thing you can do is to research and educate yourself.
Whether you choose to sell by owner or through an agencies there are two aspects to selling timeshares that remain the same. First of all, you need to know what the value is of your property. Then you will need to market the property to potential buyers.
Almost always, you will save money if you do this by yourself. This is obvious because you would have to pay the agents and brokers to do this for you. However, it does take time and a little expertise. For some people, their time may be worth more than the dollars they will save by selling timeshares on their own.
One great resource for getting information about timeshares is tug2.net. This site is run by other people who own timeshares. There are a lot of members to this website who talk about all the issues dealing with buying, owning, and selling timeshares.
If you decide to sell your timeshare by owner, the internet is clearly the best way to reach out to potential buyers. There are many websites that are designed to bring buyers and sellers together.
Ebay is one of those sites. Millions of people look on Ebay every single day. They have a specific section dedicated to those people who are selling timeshares. There are Ebay fees involved with listing your timeshare on their site, however you can be assured that your listing will be exposed to a very large amount of potential buyers.
The other great website for selling timeshares is Craigslist. Craigslist is mostly free, however a small fee may be charged for real estate listings in some cities. The great thing about Craigslist is that your listing will stay posted for a very large amount of time. Additionally, you can post an ad in a very targeted market (ie where the timeshare is located) or in as many cities as you would like.
If you do choose to use a real estate company or any other company who wants to sell your timeshare for you – never ever pay upfront fees. Also, chances are if the company calls you first then it is not going to be a good deal for you.
