Sell Your Timeshare
How to Sell A Timeshare With No Upfront Fees
Important Aspects for Selling a Timeshare
As the number of timeshare owners increases (10 million and counting), the number of owners who want to sell a timeshare without paying an upfront fee also increases. Unfortunately, there are only a few legitimate avenues available for these owners, and with so many people being duped out of their hard-earned money by fraudulent companies, it can be tough to know who to trust.
The limited number of options for owners of timeshares who want to sell include:
Can Resorts Sell a Timeshare?
From the resort’s point of view, they are happy collecting the annual fees from current owners and do not really want to get involved in the resale process. This mentality has shifted a bit recently due to economic factors, but the majority of resorts still do not have a comprehensive timeshare resale solution for their owners.
Some owners have simply stopped paying because of financial issues, or have declared bankruptcy, thereby giving their timeshare back to the resort. This puts pressure on the resort HOAs because the loss of revenue from these owners is taking a toll on the resort’s operating budgets, leaving less money in reserves for renovations, repairs, and landscaping.
As a result, more resorts are beginning to help their owners sell their timeshare in order to attract new, maintenance fee paying owners. The problem is that most of these programs are not proactive in helping sellers with these simple Tips for Selling your Timeshare with simuliar type recommendations from TBA.
The resort may simply have a website to post resales to other owners, but lack the resources to employ licensed sales agents to actively search for buyers. If you want to sell timeshare without upfront fees, you may want to check with your resort to see if they offer owners any help with the resale process.
Sell a Timeshare By Owner
Just like selling a home, it is very possible to sell a timeshare on your own, with these Top 10 Things to Consider When Selling a Timeshare. Unlike selling a home, however, timeshares are very different and require a special understanding about pricing and marketing to find a buyer. There are resources available to people to market to buyers, including advertising websites specializing in timeshares for sale such as BuyATimeshare.com, Timeshare Adventures or Sell My Timeshare Now.
While these services may be able to help find you a buyer, you are still left alone when it comes to negotiating with your buyer and transferring title. These services mostly charge upfront fees for marketing your timeshare.
Some caution to never pay an advance fee to sell your timeshare, but there are times where it might make sense if the fee was reasonable and you receive legitimate advertising services. For example, paying “upfront” to sell a timeshare now is different than paying for marketing, similar to placing an advertisement in your local paper.
If you are considering paying for marketing, make sure you do your research on the scope of advertising services provided, as well as the company you are dealing with to make sure their services are legitimate.
Sell a Timeshare with a Licensed Brokerage
Timeshares are a great way to vacation, but the time will eventually come when owners need to sell a timeshare. Just like in traditional real estate, there are specialty timeshare brokers that work exclusively with timeshare buyers and sellers, instead of residential real estate. These professionals have completed the regulatory requirements and passed their respective state’s licensing requirements to operate in real estate.
Brokers rarely, if ever charge an upfront fee but instead work on a purely commission basis.
Timeshare Broker Associates, LLC is one such brokerage that exclusively handles timeshare buyers and sellers. We are licensed in several states including Florida and specialize in Florida timeshare properties. We find buyers through our extensive relationships with other brokers around the country and a select number of by-owner resale companies to find buyers.
We handle the entire process, from the timeshare listing agreement, negotiating sales and drawing up the timeshare purchase and sale agreements. We even have connections with some of the best title companies in the industry to make sure the title is properly conveyed to the buyer.
Using a Licensed Timeshare Broker is your best option because:
1) No Listing Fees – we do not charge any upfront fees to sell a timeshare. We are paid a commission on the sale after the transfer of ownership!
2) We Do the Work – our agents handle everything from the advertising, negotiating, paperwork and coordinating closing and escrow services with a reputable title company.
3) Licensed and Regulated – we are licensed and accountable under state real estate law.
4) Trusted and Reliable – as a member of ARDA and the National Association of Realtors we are a trusted resource and abide by the strictest ethical standards.
Learn more about how you can sell a timeshare with us by filling out the form on this page or reading below for more information. You're sure to have questions, so let one of our licensed agents help you.
Still wondering “how do I sell my timeshare without upfront fees?”
Give us a call today at 877-624-6889 and we can help explain the process to sell a timeshare and give you an estimate of what your timeshare is worth in today’s market. Use the services of a licensed timeshare broker to ensure your resale goes smoothly.