Looking to move on from your timeshare in Florida? You’ve come to the right place! We understand that navigating the resale market can seem a bit daunting at first, which is why we’ve put together this handy guide on how to sell timeshare in Florida. From learning who to work with to avoiding common pitfalls, this guide will teach you everything you need to know about selling timeshare!
Can I Sell My Florida Timeshare?
Yes. According to ARDA, Florida has more timeshare resorts than any other state, and Florida ownerships, especially near Orlando’s theme parks and along the beaches, are some of the most familiar to resale buyers. Most Florida timeshares are deeded, so you can generally sell, transfer, or rent out your ownership.
Who Buys Florida Timeshares?
Resale buyers are usually families who vacation in Florida every year and want resort space without developer prices, or current owners adding to what they already have at a resort they love. Orlando-area resorts near Walt Disney World draw steady interest, as do beach resorts with weeks that line up with spring break and summer.
Start With Your Developer
Many of the biggest vacation ownership brands are based in Orlando, including Hilton Grand Vacations, Marriott Vacations Worldwide, Holiday Inn Club Vacations, and Westgate Resorts. Before you advertise, call your developer’s owner services and ask whether it has a deed-back, buy-back, or exit program for your account. Program names and rules change, so ask what’s available today. They may also suggest vacation exchange if you’d rather keep owning and travel somewhere new.
Avoiding Scams When You Sell a Florida Timeshare
When selling your timeshare. Watch for:
- A buyer you never asked for: a surprise call about an “interested buyer,” followed by a request for money
- Promises to cancel your contract: large upfront fees, with owners often still owning their timeshare afterward
- Advice to stop paying maintenance fees: it won’t end your contract and can lead to collections, credit damage, or foreclosure
Not sure about a company? Check ResponsibleExit.com, ARDA’s resource for owners, and look up the company’s BBB profile. You can report a scam to the FTC at ReportFraud.ftc.gov and to the Florida Attorney General’s Office. Timeshares Only is a Featured Reseller for ARDA’s Coalition for Responsible Exit. More in common timeshare resale scams.
Just Bought a Florida Timeshare? You May Be Able to Cancel
Florida law gives timeshare buyers 10 days to cancel the purchase contract. The clock generally starts when you sign the contract or receive the required disclosure documents, whichever is later. If you’re inside that window, follow the cancellation instructions in your contract exactly, and keep proof of when you sent your notice.
Outside the 10 days, a Florida timeshare contract can’t simply be canceled, so be wary of companies that charge large upfront fees promising to do it. Selling, transferring, or a developer program are the legitimate ways out. Learn more about timeshare cancellation companies.
What Is My Florida Timeshare Worth?
Like any timeshare, a Florida ownership is a vacation product, not an investment, so resale prices are generally well below what owners first paid. In Florida, what buyers will pay often comes down to:
- Location: Orlando resorts near the parks and beachfront resorts tend to draw the most interest
- Season: weeks over the holidays, spring break, and summer
- Brand and resort: brands with large Florida collections, like Disney Vacation Club, Marriott Vacation Club, Hilton Grand Vacations, and Westgate
- Unit size and maintenance fees
Your representative can share what similar Florida ownerships are advertised for, or you can try What Is My Timeshare Worth?
Selling Your Florida Timeshare With Timeshares Only
We’re based in Orlando and have helped owners advertise their timeshares for 30+ years. We create your ad, you set the price and choose the offer, and when you accept one, we can refer you to our Recommended Resale Brokerage, Fidelity Real Estate, to handle the closing, including the developer’s right of first refusal. For every step, see how to sell a timeshare.
Not Sure You Want to Sell?
If you don’t plan to use your Florida timeshare for a while, we can advertise it for rent to help cover your maintenance fees. Questions? Call 1-855-291-5006 or email [email protected].
