Timeshare Resales

The Place to Buy and Sell a Timeshare

If you are looking to buy a timeshare, the best place to get one is not by going directly through the property itself.  Rather you should look to buy your timeshare in the timeshare resales market.

This is where you will get the best price.  This is because current owners do not pay the marketing and advertising costs and have the overhead of the property timeshare sellers.  Plus, many times a timeshare owner is motivated to sell his or her timeshare.

The market for timeshare resales is just not as well known yet.  However, it is a growing industry so over time, the pricing will rise to that of the properties.  In the meantime, take advantage of this fact and look through timeshare resale offers for your desired property.

THINGS TO BE AWARE OF WHEN BUYING A TIMESHARE RESALE:

1. Pricing may be all over the place.  It is recommended you research several places and compare prices before ever committing.  Check in all places where resales are listed including eBay, Craigslist, Internet timeshare marketplaces, property listings, and you may even find an owner website for your property which will usually have a listing section.

3. One of the best places to do this is through one of the established Internet based resale listing companies.  This is because they will have a lot of information about timeshare resales such as details about properties, unit and amenities, pricing and the specific step by step process for buying one.

Just be sure you understand the pricing and more importantly, the process and other fees involved to finish a sale transaction.

4. Buying a timeshare resale does require some due diligence.  If you are dealing directly with the owner, it is wise to hire a timeshare services company or even an attorney who has some experience in timeshare resale transactions just to be sure you are doing it right.  It may cost you a few hundred dollars, but the cost is worth it to ensure you are getting full ownership of the timeshare you are buying.

5. Buying a timeshare resale can give you a lot of great vacation benefits and even be an investment over time.  It is just important that you list out why you want one and make sure that the one you buy meets that list.  Many make the mistake of buying a cheap one thinking they can trade higher.  If you are buying to be able to trade, you must learn about trading value. 

The Internet timeshare sites can help you understand trading, value, season ratings, and what properties are most popular for trading.  If you plan on using your timeshare most years, then trading is less important and the property itself becomes the priority in the search process.