When you make the decision to sell your timeshare, your number one goal is often to get rid of it as quickly as possible. However, timeshare are expensive to keep, so you often also want to get as much money as possible when you finally do get rid of your timeshare. However, even though timeshare are legally considered pieces of property, their value does not reflect this assessment.
Generally speaking, timeshares behave more like cars than pieces of property. From the second you sign your deed its value begins to drop while the fees only go up. Because of this it is common for people to want out of their timeshare, but they are only worth what someone is willing to pay for them on the resale market. This is known as fair market value, and it is different for each timeshare depending on location, size, amenities, week of use, and condition. When selling a timeshare on your own, the obvious goal is to get as much money as possible, however, this will often be a fraction of what you paid for it.
The low value of these properties and the amount of work and time it takes to sell these properties for a fair amount often can be extremely discouraging for owners. However, you have another option. If you aren’t up to play the games needed to get fair market value for your timeshare, a timeshare resale company may be able to help you. These professionals have a variety of resources at their disposal that make selling your timeshare easy and hassle free.
A great resource for not only learning more about the value of your property, how to sell your timeshare, and to find reputable and successful timeshare resale companies is TimeshareSecrets.com. They offer a no-cost consultation that will provide you with a variety of options, include timeshare resale companies that don’t charge upfront fees. We highly recommend their expertise and customer satisfaction guarantee, because selling your timeshare doesn’t have to be a hassle.