If you have a timeshare and realized you are not using it as much as initially expected, you may want to sell or rent it. In your situation, there are a few options to consider. Hereafter are the pros and cons of these different methods.
Resell your timeshare for cash with the help of a broker or listing agent:
At the first glance, timeshares may look like common real estate, but in reality they are quite different. If you are looking for help to resell your timeshare, search an agency specialized in trading timeshares. A specialized agency will put your timeshare on the market and sell it quickly for a good price. Evenif they take a fee, this will be certainly paid back by the higher price they will get from your timeshare. Just make sure that there are no hidden fees. Secondly, you will avoid the stress to manage your sale and won't spend hours on it. . Finally, this is generally the fastest and easiest way to get cash for your timeshare.
Promoting your timeshare through advertising
A different way to sell timeshares for cash is to promote it by yourself thanks to an advertisment in a local newspaper or on a classified ad website. If you want to try local newspapers, look for those already mentioning timeshares resales, as if others are already advertising on it on the long term, it means that they get a good response. On internet, you can go to classified sites like Craigslist, which has a great exposure and may attract interested buyers. The advantage of this selling process is that you have no fee to give out once you find your buyer. However, you will need to invest your time, study your paperwork perfectly, prepare a contract, and make sure the buyer is legitimate.
Renting your timeshare
If you find it hard to sell your timeshare, then you may consider renting as an alternative solution. By renting it, you can expect getting back your yearly fees of ownership. You can choose what weeks are offered for rent, and get cash each time someone wants to rent your timeshare. One quick warning, you must make sure that your timeshare contract allows you to rent out your timeshare.
"Is Your Timeshare Becoming a Problem?
|Sell Timeshare Fast||Resort Resales||Timeshare Scams||Timeshare Complaints||Timeshare Services|