October 10, 2018

Sell My Timeshare

Sell My Timeshare

Sell My Timeshare Yes, You Can!

If your undecided with the question “should I sell my timeshare or not” then be confused no more because it’s absolutely not a bad decision.

In today’s timeshare marketplace, it sometimes feels as if every owner is asking, “should I sell my timeshare or How can I sell my timeshare now, before my annual maintenance fee rolls around again?”

surveys conducted shows an 83 percent satisfaction level among timeshare owners. Couples and families who buy timeshare generally love their vacation ownership, so much so that many owners own multiple timeshares, often at a range of very different resorts. There are, however, logical reasons why the present resale marketplace is extremely active.

Strategy’s on how to sell my timeshare: the missing component

For many years, the timeshare industry has been in the business of constructing amazing vacation resorts, offering spacious accommodations, amenities, luxury, and the convenience of easy travel planning.

Developers, who were focused on sell my timeshare, neglected to consider how owners would one day get out of their ownership. The flaw in their business model was so significant that many owners, once happy, loyal fans of timeshare, became dissatisfied when they needed to sell their timeshare and ran head-on into what for many years was a frustrating absence of an exit strategy.

There are many reasons timeshare owners want to sell my (their) timeshare or hand it back. However, as the timeshare product has changed, and companies have got smarter in creating different ways timeshares can be used, selling timeshare may not be your only option. Here are some tips about what you can do, and what not to do, if you want to sell my(your) timeshare.

The timeshare product is changing. Many timeshare ownerships today are sold on a short-term basis of three-, five- and ten-year periods. However, the earliest timeshares that date back 30 years or more were sold on long-term or in perpetuity contracts of between 30 to 80 years. As those original buyers and timeshare owners have now grown older, with many being unable to use their timeshares for a myriad of reasons, from immobility and illness to bereavement or a change in circumstances making travel unaffordable, increasing numbers of owners want release from their timeshare ownerships.

Do I have to sell my timeshare?

The first thing I would do is to consider whether selling my timeshare – or points – is the best thing to do, especially if it is a temporary financial hitch that is preventing you from using it or paying the maintenance fee.

It is advisable to ensure any maintenance fee payments are up to date, as this will give you more options as to how you can use your timeshare in any interim period. Once you know your timeshare is good to go – ready to deposit and use – you might then think of asking your family and friends if they would like to use it. You can either give the week to them as a gift, so it’s not going to waste, or ask them to pay you a rental sum for their week(s) stay in either your owned timeshare, or an exchange one if you have used the exchange holiday programme to get the holiday they wanted for their stay.

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