Timeshare Re-sales

Timeshare Re-sales

Have you ever received a phone call offering you a special one-time offer for a free vacation?  Sure you have.  In fact, we all have at some point in our lives.  Many of us simply hang up the phone without so much as a word, but some ask the obvious question.  What’s the catch?  The reply… “just a 90 minute presentation with no obligation to buy”.

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.

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