If you own a timeshare, chances are you’ve received an unsolicited pitch from a timeshare salesperson, offering you a free vacation or “upgrade” to their resort. While these types of presentations can be enticing, they often involve high pressure sales tactics and inflated prices that you likely wouldn’t otherwise encounter in the real world.
If it’s time for you to sell your timeshare, there are several different ways to go about it. However, it’s important to consider that there is a lot at stake in this process, and you should make sure you understand what you are selling and your options before attempting anything; click here to get more information.
First, you should price your unit competitively. This means pricing it so that you are competing with other timeshare resales at your resort, as well as those listed by other timeshare resale brokers.
You can do this by searching the sale history of your resort on TUG, contacting other owners and reviewing their listings, checking prices for similar units on eBay, looking at completed resale listings on our classified ad section or even calling a timeshare resale broker (only deal with licensed real estate agents who only get paid once they close the deal).
Then, you will need to put together a marketing plan for your unit. This includes photos, a description, a website or other online presence, and an effective listing strategy.
There are also many other tips to help you sell your timeshare in the best way possible. These include avoiding fraudulent companies that advise you to stop paying your maintenance fees, and hiring a timeshare resale agent who will be familiar with the laws and regulations regarding timeshare sales. This link: https://en.wikipedia.org/wiki/Timeshare will open up your minds even more on this topic.
One of the most common mistakes timeshare sellers make is not price their timeshares accurately. A timeshare isn’t a portfolio investment like a stock or bond, and it’s important to remember that buyers are looking for the best value.
Another mistake is to not be honest about your unit’s condition. A dirty, outdated timeshare unit may deter a buyer and cause them to pass on the property. To avoid this, take the time to clean up your unit and make it as presentable as possible before putting it on the market.
You may be surprised at how much a good cleaning can do for your property. For example, if you haven’t cleaned your unit in a while and it looks worn out or shabby, a fresh coat of paint may bring it up to a new standard.
Be sure to also price your unit in the middle of the ranges for comparable timeshare resale units. Then, you’ll be able to attract a wider pool of potential buyers and have the chance of getting your timeshare sold quickly and at a great price! see page to learn more details.
If you are unsure of what your options are, you can always call us at Centerstone Group. Our experts are more than happy to discuss your options and offer you a personalized approach to selling your timeshare.
