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SellingTimeshare-Info
Tips and Education           

 

 

How to Sell a Timeshare Without a Broker

Do Your Research and Avoid Unnecessary Fees 

When people get ready to sell their time shares the question arises how to sell a timeshare without having to pay the high broker fees.
Most people think of using a real estate agent to sell their time shares but given the lower sales price than that of a regular property, the 30 to 40% sales commission making it difficult to make any money on their timeshare.

The alternative to using a broker is selling your timeshare yourself by utilizing the help of a listing company or a specialist. These businesses use the Internet to list, market and sell your timeshare. Using this method is a good choice because many timeshare buyers look to the Internet to buy these timeshares. These companies have professional web sites that help buyers through the process of buying time shares and help them review the listings. These web sites are also more professional and detailed than the broker web sites.

These Internet based listing companies are more beneficial to you when you want to price your timeshare. Most brokers require you to purchase an appraisal to help price your timeshare. These brokers charge around $500 for these appraisals which is a lot of money to pay to determine a price for your timeshare. This is why hiring a broker for these expensive add-ons does not present a good value. The only benefit to having a broker is a dedicated individual to handle every detail of the selling process.

When choosing a listing company or specialist make sure they do not add on additional fees in the process. By negotiating with these companies you can sometimes get a more reasonable commission so don't be afraid to ask or discuss it. If your timeshare is not relatively new most brokers will not be motivated to sell it. They are looking for the newer ones for obvious reasons, the higher selling price.

Selling timeshares is not be easy but doing the proper research online will help you avoid the scammers. Making a profit from your timeshare will be difficult in these days and times but you will at least be getting out from under the fees and payments. Keep these tips in mind and having reasonable expectations will make for a hassle free experience.