Pricing your Timeshare Property for the Resale Market

Are you looking to sell your timeshare? Did the sales person at the resort tell you what a great investment your timeshare would be? Well the truth is: Timeshare is a great investment!, Just not financially. When vacationing the memories, family time, and overall life experience is priceless. However, the hard truth is that timeshares are a luxury benefit.

There are many resorts around the world which means there are MANY owners. According to Timeshare Resales USA agents, a combination of those two factors means there will always be sellers that just want to sell for various reasons such as financial difficulty, divorce, age, and many other reasons. So, selling timeshare for a profit or or even to break even is pretty much impossible unless you bought your timeshare on the resale market to begin with. Its basic economics; supply and demand. Very few people wake up in the morning and say they are going to buy a timeshare that day. In fact, most timeshare buyers buy on the spot when doing a resort presentation that they were invited to. Smart buyers will go home and log on to the internet and find that the resale market is great.

 Due to the factors above savvy buyers find plenty of supply. Why would someone pay top dollar resale when they go to the same website and see the same exact thing for half the price? They wont. Advice for sellers looking to sell their timeshares is simple:

 First, if you can afford it and enjoy vacationing the KEEP IT. However, if you just do not have the need you will need to be realistic in pricing. Check multiple websites such as timeshareresalesusa.com and search the database of what is the best priced timeshares for sale by owner that are the same as yours. If you price to sell there is a good chance that it will. Expect to price your timeshare resale in the range of 50% to  70% less then what you paid purchasing from a developer. This is for larger developer and timeshare programs. Once doing research, owners will find smaller timeshare resorts will sell for even less UNLESS it is a specific holiday week or time of year that is VERY high demand such as the beach in summertime.

In conclusion, as much as it hurts to admit it is true that financially a timeshare purchased retail was most likely a financial loss. However, if you just feel the overwhelming need to sell your timeshare: price aggressive, use a reputable brokerage to market the property, and be ready to negotiate. When that broker contacts you with a potential buyer TAKE THE OFFER.