Everyone wants, needs and deserves a vacation. Rest and relaxation are commodities that mean big business. Timeshares are among the most bought and sold properties on today’s market.
Like any real estate transaction, selling a timeshare property can be confusing. Values fluctuate, and owners can sometimes realize a profit loss when it comes time to sell. It’s easy for illegitimate or even illegal resale companies and consultants to prey on confused or desperate sellers. If you have a timeshare property to sell, you need to know the facts and protect yourself from possible scams.
Scams
Be wary and on constant lookout for scams when selling your timeshare. Don’t believe everyone who calls claiming to have buyers willing to pay top dollar for your timeshare property, especially if they request fees upfront to “guarantee” a sale. Chances are, you will not get the same amount for your timeshare that you initially paid for it.
Price competitively
Selling your timeshare requires that you price the property competitively in the market. Buyers are looking for a good deal, so be prepared to give it to them. Find other...