My niece lost her job and wants to sell her timeshare?
There seems to be nothing but vultures in the industry. Was wondering if anyone has had, or knows someone, whose sold their timeshare successfully.
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- How do I sell my Timeshare?
Tagged with: Timeshare • vultures
Filed under: Selling Timeshare
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If there is a mail box or a community bulletin board at your home resort, you can put a “For sale” sign. This will pressure the developer specially if they sell it for $20,000 USD and you offer it for $5,000. Sometimes on the fine print of some sale agreements says that the developer has the first right to buy if your place is ever sold. I have heard of developers paying the money (as long as is not too much) just to take the sign out.
To resale or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.
Unfortunately over 50% of people that really need to sell their timeshare falls for these resale scams where they charge money upfront and less than 10% of them use their only real option which is to post it or offer it trough free advertising options as much and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).
Timeshares do not have resale value and in most situations you would take a loss in what you paid for, as they resale for less than $2000 USD.
There are some free classified where you can post:
http://timeshareownerscommunity.com/
http://craigslist.com
http://ebay.com
http://recycler.com/
http://usfreeads.com/
http://www.inetgiant.com/
No the best she can do is donate it and get out from under. Just search the Web for timeshare donations. The Kidney Foundation accepts donations.
Place an ad yourself on eBay. They sell a lot of timeshares. Or hire a timeshare company that sells on the eBay site. Contact each sales company that sells there and see which one will give you the best deal.
About 2/3+ of the properties listed on eBay sell if the property is first class and if there is no reserve or a low reserve.
you are correct about these people. No sorry I have no idea
People usually do not manage to sell them, as they have no real value and the maintenance fees on a time share are usually very high.
She should try giving it away or offering money to have it taken off her hands. The odds of someone giving her money is almost zero.