Monday, February 20, 2012

How to sell a timeshare?

I have a timeshare at the Planet Hollywood Towers in Vegas that I would like to sell. Does anyone know of a service I can use to list it with. I tried Craigslist and Kijiji, but I think I need something more targeted.



Thanks,



DavidHow to sell a timeshare?
When you're selling your timeshare online you should still post it to Craigslist, Kijiji and other classified sites, but you also need to find a service that just deals with timeshares.



When I sold mine 3 months ago (sadly!), I used a service found at this website, http://www.webtelsolutions.org/selling-t…



After signing up for the appropriate service (depending if you live in Canada or the US), I was able to sell my timeshare in just over 2 weeks. Hopefully you will have the same success! Good luck.



KevinHow to sell a timeshare?
Selling a timeshare is difficult. Claims of quick sales often do not come to pass because every timeshare is different.



But, the PH timeshares are relatively new, so you may have some luck but do not expect to get nearly as much as you paid for it. You may want to rent it out if possible to have a potential buyer get the sense of it. This is what timeshare companies do in order to make sales. Otherwise, your timeshare is simply a concept in the mind and people do not like buying major purchases simply from a concept.



I'd suggest redweek.com or tstoday.com. Both have subscriptions but if you want targetted, these sites (and the magazine for tstoday - Timesharing Today) are certainly that.How to sell a timeshare?
If there is a mail box or a community bulletin board at your home resort, you can put a “For sale” sign. This will pressure the developer specially if they sell it for $20,000 USD and you offer it for $5,000. Sometimes on the fine print of some sale agreements says that the developer has the first right to buy if your place is ever sold. I have heard of developers paying the money (as long as is not too much) just to take the sign out.



To resale or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.



Unfortunately over 50% of people that really need to sell their timeshare falls for this resale scams where they charge money upfront and less than 10% of them use their only real option which is to post it or offer it trough free advertising options as much, and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).



Timeshares do not have resale value and in most situations you would take a loss in what you paid for, as they resale for less than $2000 USD.



There are some free classified ads where you can start posting:



http://timeshareownerscommunity.com/

http://craigslist.com

http://ebay.com

http://recycler.com/

http://usfreeads.com/

http://www.inetgiant.com/

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