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We own 3 timeshares and might sell two and keep one. Can anyone tell me a good place to go to sell timeshares? Thanks
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I see this is your first post. Welcome to the boards! If you do a search for timeshares you will see several threads about timeshares and selling them. Good luck! -
Its likely you'll need it!Originally posted by gackle View Post
Most people find that selling a timeshare is tough-going. Sometimes, people wish they could just give away their timeshare to avoid the ongoing fees, etc.
In any case, I wish you luck too.
If you end up, unable to sell, but still wanting to be rid of the timeshare(s), you can possibly consider donation. At least you can get a tax write-off that way.
Bankrate: Donating your timeshare
Donate for a Cause
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If you are selling, just make sure that you don't prepay an agent to sell it - Once the seller pays the listing fees, the timeshare will rarely sell because the price is far to high for the market and the selling agent has no incentive to try to sell the unit since he has already been paid. In fact, the agent has an incentive for the timeshare not to sell. When the one-year listing contract comes to an end, the agent will contact the seller in an attempt to get him to re-list the timeshare unit for another $300 to $900 meaning if the timeshare fails to sell, he has an opportunity to earn more money.
It will depend greatly on your timeshare location and week on how difficult it is to sell. There are a number of ways to do it, ebay, timeshare reseller websites, ads in paper, etc.
If you do decide to donate, here is a list of charities that accept timeshares as donations.Comment
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