Almost every vacationing hot spot offers timeshare promotions to prospective customers.  A timeshare promotion is usually an offer for a free or discounted vacation in exchange for some of your time during which you must listen to a presentation of the business’s timeshare program.  Many people get caught up in the moment and wind up purchasing a timeshare before they even consider how often they will be able to use it.

This often leads to consumers wanting to get rid of that time share and they often hope that they will break even, at the least. “Sell my timeshare now!” they say. However, most people have no idea where to start when it comes to selling timeshares. “How do I sell my timeshare?” many ask, or, “How do I know I have a good deal when selling my timeshare?”  Selling a timeshare is really a lot easier than many would think.  In fact, timeshare re-sales are booming even in this bad economy.  Be aware, however that depending if you purchased a re-sale or directly from the timeshare company, you may not recover all of your investment. If you were the initial buyer, you can expect to loose approximately 50% of it’s value. If you bought it as a re-sale, the original buyer probably already ate the depreciation and you may not loose as much. If you want a quick sale, however, you will probably have to give up some ground on the selling price.

The first thing you need to look for when reselling a timeshare is a reputable timeshare reselling company.  This will give you a better chance of getting a fair deal. Advertising on your own is another option. This can be done for free in many forums and classified market places or for a fee in more frequented add spots. Remember, negotiation is okay and encouraged once you have the attention of a buyer. If you want to sell your timeshare, visit the Best Sell My Timeshare Site for more information and links to resources for selling timeshares.

But I think there’s another reason as well that has really helped change things. The fact is, a lot of the better hotel chains have decided to get involved in this industry. So now there are timeshares that are branded and owned by such companies as Sheraton and Hilton.

Hilton’s timeshares are part of the Hilton Grand Vacations Club, known as HGVC, and they have about 30 resorts in their system right now. If you don’t want to pay full price, which can get awfully expensive, HGVC timeshare resales aren’t too hard to come by and can save a fair bit of money while getting you access to Hilton’s very nice resorts.

Another hotel company that is involved in the luxury timeshare market is Marriott. They probably have some of the most desirable resorts in the industry and the Marriott Vacation Club is one of the most popular timeshare programs. They actually already have more than 50 resorts in the Vacation Club and that number grows year by year.

But Hilton and Marriott aren’t the only big players. The Starwood group runs the Sheraton and Westin branded timeshares. Even Disney has taken the jump into vacation ownership with their popular Disney Vacation Club. For lots of Disney World fans it is a great opportunity to own a piece of the mouse’s kingdom.

I think one of the advantages that these timesharing systems offer as well is that they open up some opportunities for variety. So if you own a Marriott resort, that resort is considered your home resort, but you are also able to trade it to visit other resorts in the chain as well. The other companies tend to work like this too and it makes owning a timeshare a much more reasonable opportunity for people who don’t vacation at the same location every single year.