Timeshare Seller FAQs
If you’re interested in finding out how to sell a timeshare on the resale market, you’ve come to the right place! We have collected all the most popular questions on how to sell your timeshare and compiled this one helpful resource. Learn as much as you can about the timeshare resale industry before advertising your ownership for sale. If you have any additional questions, please contact one of our timeshare experts at 844-202-7608 or [email protected].
If I bought my timeshare from a resort developer, can I resell it?
Yes. No matter how you originally purchased your timeshare, you can sell it on the resale market.
Will I be able to resell my for the same amount I bought it for?
The simple answer is no. There is a good chance you will not receive the same amount for you resale as you originally paid for from the resort. This is because when resort developers sell timeshares, they tack on additional fees for sales incentives, marketing campaigns, etc. Since you will not be offering any of these services, your timeshare will be sold for the fair market value. However, this means that it is likely to be sold much more quickly than if you charged the full price that you paid for it.
Find out how much you can charge in three simple steps when you fill out our Market Value Form.
Do I have to have my timeshare appraised before advertising it?
While a lot of timeshare resale companies will tell you that you have to pay for an appraisal before selling, it is not necessary. Timeshares are different than traditional real estate properties because you are not trying to satisfy a mortgage lender. However, if you would like an appraisal, fill out our free, three-step, no obligation market value survey.
What information do I need to have?
It is a good idea to have as much of your original paperwork to get started selling your timeshare. This includes:
- Your deed
- General resort information (name, address, etc.)
- Last maintenance bill
- Financial agreement (if any)
If any of your paperwork is missing, our timeshare specialists can help you recover any needed documents.
Can I sell my timeshare if I still owe money on it?
Yes, you can still sell your timeshare even if you haven’t payed off the mortgage on it, though you will still be responsible for paying off your original debt on the property. The brokers at Timeshare-Resale-Rental.com can help you refinance your mortage, or you can include your debt into the overall price of the timeshare.
Will all of my membership benefits transfer over to the new owner?
While most benefits transfer smoothly on the resale market, it is a good idea to contact your resort or conduct some research to see if your resort brand has any resale restrictions.