The timeshare resale market offers tremendous opportunity for buyers and sellers alike. That said, who you choose to work with to help you navigate the resale market can make all the difference. From so-called cancellation lawyers to exit companies urging timeshare owners to stop paying their maintenance fees, to illegitimate resale companies making promises they can’t keep, the resale market is unfortunately plagued by unscrupulous companies looking to take advantage of uninformed consumers. Even seemingly legitimate resale companies can turn out not to have your best interests in mind. With so many bad actors out there, the resale market can be a scary place for first-time users. That’s where we come in. In this blog, we’ll break down the green flags that all the best timeshare resale companies have in common, plus the red flags you should avoid, so you can navigate the resale market with confidence. Let’s get started!
- What Defines the Best Timeshare Resale Companies?
- Understanding Different Types of Timeshares (and Their Benefits)
- What Should Buyers Look for in a Timeshare Resale Company?
- What Should Sellers Look for in a Timeshare Resale Company?
- What Are Some Red Flags to Avoid When Choosing the Best Timeshare Resale Company?
- Why Timeshare Broker Associates Is Among the Best Timeshare Resale Companies
- Ready to Buy a Resale Timeshare?
- Ready to Sell Your Timeshare?
What Defines the Best Timeshare Resale Companies?
The best timeshare resale companies all check a few essential boxes. Here are some of the traits you should look for when choosing a resale company:
1. Proven Industry Experience and Market Knowledge
The timeshare resale market is a niche space with its own lingo, rules, and valuation models. The best resale companies know:
- The differences between points- and week-based ownership
- Right-of-first-refusal rules and other policies as they apply to different resorts
- Trends in seasonal demand and pricing
- The law as it applies to resale
At Timeshare Broker Associates, we have decades of experience helping buyers and sellers like you safely and confidently navigate the resale market.
2. Transparent, Straightforward Processes
Transparency is a must when deciding on the best timeshare resale companies to work with. They should be willing and able to clearly explain things like:
- How listings work
- What services are and aren’t included
- Realistic timelines
- All costs involved (without fine print or hidden fees)
Whether you’re a buyer or a seller, you should never feel pressured or misled. At Timeshare Broker Associates, we pride ourselves on honest, forthright communication every step of the way.
3. Strong Buyer Reach and Marketing Exposure
If you’re a seller, exposure is your best friend. While some resale companies take a list-it-and-leave-it approach, the best timeshare resale services actively market listings through:
- Established buyer networks
- Targeted marketing
- Search Engine Optimization (SEO)
- Timeshare-specific resale outlets
This wide-reaching yet targeted approach ensures that your timeshare is seen not just by the most buyers, but the most interested buyers, possible.
4. Great Customer Service
There’s more to buying or selling a timeshare than paperwork. The best timeshare resale companies offer:
- Dedicated brokers
- Timely answers to questions
- Ongoing updates about the status of your timeshare purchase or sale
At Timeshare Broker Associates, we believe a great resale transaction begins with great customer service.
Understanding Different Types of Timeshares (and Their Benefits)
Before you buy or sell a timeshare resale, it’s essential that you understand what type of timeshare you’re dealing with. A good resale company will help you understand these important distinctions.
Points-Based Timeshares
Today, most timeshare companies operate on a points-based ownership system, giving owners more flexibility than ever before. As the owner of a points-based timeshare, you receive an allotment of points each year that you can use across multiple resorts, units, and dates within the brand’s portfolio. Examples of companies that offer points-based ownership include Disney Vacation Club, Holiday Inn Club Vacations, Marriott Vacation Club, Hyatt Vacation Club, Hilton Grand Vacations, and Wyndham Destinations.
Fixed Week Timeshares
A fixed-week timeshare is what most people think of when they think about vacation ownership. With a fixed-week timeshare, you enjoy usage rights at the same property, during the same week, each year. Fixed-week timeshares are ideal for owners who want to make an annual vacation tradition, prefer predictable vacation planning, want to ensure they have access to a high-demand week, and have consistent schedules.
Floating Week Timeshares
Floating week timeshares allow owners to use a property any day within a specific time period or season each year. This type of timeshare is more flexible than fixed weeks but less flexible than timeshare points.
What Should Buyers Look for in a Timeshare Resale Company?
Thinking about buying a timeshare resale? Here are a few qualities all the best timeshare resale companies share:
- Accreditation by ARDA
- A portfolio of major brands
- Guided negotiation
- Reliable contact support
- Referrals to reputable lenders
What Should Sellers Look for in a Timeshare Resale Company?
Selling a timeshare can feel daunting, but knowing what to look for in a resale company is half the battle. Here are a few green flags:
- Accreditation by ARDA
- Realistic, strategic pricing guidance
- Professional listing and marketing
- Referrals to trusted closing and title companies
What Are Some Red Flags to Avoid When Choosing the Best Timeshare Resale Company?
The sad truth is that not every resale company has your best interests in mind. Here are a few red flags to watch out for:
- Any company urging you to stop paying maintenance fees. You should never stop paying your maintenance fees until the selling process is complete. This can result in damage to your credit and even legal action.
- Any company that tells you to ignore communications from your timeshare resort.
- Unsolicited phone calls. Legitimate resellers like Timeshare Broker Associates will not make unsolicited calls claiming they have buyers already lined up for your unit.
- Large upfront fees. Caution is advised regarding upfront fees, which are a common scam tactic in the timeshare resale market. Most reputable companies in the timeshare resale market charge fees only after a timeshare is sold, typically as commissions, not upfront fees.
- Claims they can “cancel” your contract. A timeshare contract is a legally binding document and cannot simply be cancelled.
- Money-back guarantees.
- Promises to sell your timeshare within a specific timeframe or for a specific dollar amount.
Why Timeshare Broker Associates Is Among the Best Timeshare Resale Companies
So, why should you trust us? At Timeshare Broker Associates, we hold ourselves to the highest standards of ethics and service with every transaction. Here’s what you can expect when you work with a Timeshare Broker Associates agent:
- Accreditation by ARDA: ARDA (formerly the American Resort Development Association) is the regulating body protecting the interests of buyers and sellers operating in the resale space. Every company accredited by ARDA adheres to a strict code of ethics.
- Relationships with Top Brands: Timeshare Broker Associates has spent years building robust relationships with the world’s best timeshare companies, including Disney Vacation Club, Hyatt Vacation Club, Holiday Inn Club Vacations, Hilton Grand Vacations, Margaritaville Vacation Club, Club Wyndham, Marriott Vacation Club, Bluegreen Vacations, Westgate Resorts, and more.
- Personalized Service and Proven Results: When you work with Timeshare Broker Associates, you get one-on-one broker support, transparent communication, pricing strategies based on the latest market research, comprehensive, professional marketing services, and compliance with all industry best practices and guidelines.
Ready to Buy a Resale Timeshare?
Thinking about buying a timeshare on the resale market? Timeshare Broker Associates can help! Our resale marketplace is your one-stop-shop for pre-loved, low-priced timeshares from all your favorite brands, in top destinations like Orlando, Florida, Las Vegas, Nevada, Hilton Head Island, South Carolina, Maui, Hawaii, Palm Desert, California, and beyond. Browse active listings at the link below. You can use our sophisticated search filters to find exactly what you’re looking for, including number of points, unit size, season, week, and more!
Ready to Sell Your Timeshare?
If you’re ready to sell your timeshare, look no further than Timeshare Broker Associates to assist in all your resale needs. As a licensed real estate brokerage, we can guide you through every step of your sale. And as a dedicated member of ARDA, we’re a name you can trust. Click the link below to get started, or get in touch with us by phone or email to speak with one of our licensed real estate agents today!
