How to Sell a Timeshare
Timeshares are hugely popular, with the industry set to be worth over $29 million by 2028. Offering many advantages, such as having guaranteed vacation accommodation in a terrific location, it’s easy to see why this type of property ownership is so popular. But what is the best way to sell a timeshare if you’ve decided to upgrade or look for a different property? While you may want to get a quick sale, you’ll also be eager to get the highest possible price.
Even if you’ve never sold one of these before, you can easily exit a timeshare by using a few simple tips.
Read on for more information.
Sell Your Timeshare to Friends or Family Members
You may find that friends or family members are interested in buying your timeshare. This could especially be the case if they’ve vacationed with you and thought the accommodation was spectacular. You can come to an amicable agreement and go through the selling process without the help of a realtor.
While this can seem like an easy way to sell your timeshare, there are some potential issues you should take into account. For example, if there is a problem with the timeshare, such as the plumbing system breaking down shortly after the sale, your friend or family member may hold you responsible.
This can cause relationships to sour, and you may feel you’d be better off selling to a stranger.
Sell to Timeshare Buyers on Social Media
You can find people on social media sites that are looking to buy timeshares. They may be part of a timeshare group, and you can get in contact with them to see if they’d be interested in your property.
To safeguard yourself, you should be wary of scammers on these sites who could waste your time and cost you money. Always use legal representation and never give people your financial details unnecessarily.
Sell Your Timeshare Through a Reputable Company Online
One of the safest exit strategies is to ask a trustworthy company to conduct a timeshare sale on your behalf. They will work to get you a fantastic price and help the sale go through smoothly. As they will know which parties are interested in buying a timeshare, the sale could also happen quickly.
If you’d like top-class professionals to sell your timeshare, visit Marriott resale listings.
Get the Best Price When You Sell a Timeshare
While there are several ways to sell a timeshare, not every method will be right for you. If you can sell to friends or family, this could help you make a quick sale, but you need to be careful if you’re selling to a buyer you’ve found on social media. If you sell your timeshare through a respectable company, this can reassure you that you’re sale will go through with minimal hassle.
Now that you know all about selling timeshares, check out more of our helpful blog posts.
With over 20+ years of experience in a variety of corporate and entrepreneurial environments, Diana has developed a great understanding of Marketing Strategy, Brand Development, Customer Success, Public Relations and Management. Her internal drive for developing others and external brands, has allowed her to work in some of the largest cities in the world including Milan, Paris, NY, Mexico, and the Middle East. This experience has been fundamental to Diana’s success and ability to communicate cross-culturally.
