- Get Your Papers in Order
You’ll need to pull out your ownership papers to determine what you actually own so you can inform the buyer. Is the property deeded, right-to-use, or a club property?
- Legal Limitations
With your papers out, read them to determine if you have any legal limits? Are you legally required to give the original seller (or anyone else) the first right of refusal when selling your timeshare? It is always best to contact your resort directly and ask questions before you try and resell the property.
- Resort Costs
Does your resort charge a transfer fee when you transfer ownership, or, do they charge a commission when you sell the unit, (even if they are not involved in the sale?) Read your documents and call the resort if you are unsure.
- Resort Restrictions for the New Owner
- Post your Timeshare Resale on RedWeek.com
When adding your timeshare resale posting to RedWeek.com, be sure to include as much detail as possible about what is included in the sale, based on the questions above: the type of ownership are you offering, resort costs (which may change your offering price), any restrictions to the buyer, etc. Also, take the time to review our timeshare posting dos and don'ts and include your own photos of the resort with your posting.
Thursday, September 02, 2010
5 Tips to Sell Your Timeshare
Ready to sell your timeshare? There are some things to consider before you get started. Here are 5 tips to make sure you are including all the details needed for a successful timeshare resale: