Trying to find the best way to sell your timeshare now may feel a little different than previous times. Due to the current state of life amidst the COVID-19 pandemic, things can feel more uncertain than usual. The good thing is, many timeshares are sold online daily around the world with companies like ours.
Should I Sell My Timeshare Now?
That depends. Perhaps you’ve been considering selling your timeshare for a while. Or, maybe you just recently started debating it since much has changed in the world around us. COVID-19 has certainly put many travel plans on hold, but certain timeshare resorts are reopening.
Since resorts are reopening, people are considering when they will travel again. In addition, the timeshare industry just experienced its 10th continuous year of growth according to ARDA. People are still interested in purchasing timeshare resales.
Every timeshare owner is unique and has different motivations for selling. We recommend thinking about what is motivating you. Have you not used it in recent years? Are your maintenance fees becoming too much? Maybe you want to go somewhere new (we recommend vacation exchange). Not to worry though—we’ve picked some of our best tips to consider before you sell to help you decide if it is the right decision. Then, we’ll dive into the process of how to do it when you are ready.
Can I Sell Timeshare Points?
Whether you own a points or weeks based timeshare, you have the option to post it for sale. In recent years, there has been a growing market for buying timeshare points on the resale market. Many existing owners look to the resale market to purchase points to add to their ownerships. This is especially true of brands like Marriott, Wyndham and Hyatt Residence Club.
Call Your Developer Before Selling
Did you know major timeshare brands have in-house exit solutions for owners? The American Resort Development Association created an entire coalition that supports these programs and others like it. Developers understand that things change, and are attempting to help their owners find the best way out. Among all of the timeshare exit teams and scams out there, we recommend contacting your developer first. Companies like Wyndham have in-house teams designed to refer owners to the best selling solutions.
Rent Your Timeshare
Many timeshare owners don’t realize they can rent their timeshare. If you love your ownership but need help paying maintenance fees or can’t plan a trip for a while, you can rent your timeshare and put the money you get toward those fees. And, if you’re current on your fees, you can always just save the extra money for a rainy day. In recent years, timeshare rentals have become popular among competitors. Not to mention, renting your timeshare to a family member can be a great gift until you decide to sell.
Learn More On How to Rent Your Timeshare
Get Help With Timeshare Maintenance Fees
Regardless of your situation, it is not a good idea to stop paying your maintenance fees. This can definitely hurt your credit. If you’ve fallen behind, we recommend contacting your resort. Given the unprecedented circumstances from the pandemic, some resorts may be able to work with you. One thing many timeshare scams consist of is telling owners they can cancel their timeshare or their fees, and this is unfortunately not the case.
Another option is to sign up for our maintenance fee relief program called TO GO. TO GO is an exclusive program offered by our company that allows timeshare owners to receive cash assistance for their maintenance fees.
The first step is to post your property for sale with us. Our program is a special opportunity for our members and isn’t currently offered anywhere else. Additionally, we will help you complete the 100% risk-free registration, where you will see the full details before making the decision to complete the enrollment. You can either receive cash or TG credits to use elsewhere while you wait for us to find the perfect buyer.
Stay Updated: 4 Common Timeshare Resale Scams
How Can I Sell My Timeshare Now?
There are a few legitimate timeshare resale companies out there. At Timeshares Only, we pride ourselves on offering legitimate solutions to sellers on the resale market. We are members of ARDA and have been in business for over 25 years. To get started selling your timeshare now, we can help you post it online.
We work hard to market your timeshare to the right people. Not to mention, we have industry partners that work with us to find sellers more solutions each year. If you’re ready to sell your timeshare now, contact us at [email protected] or give us a call at 1-800-610-2734. Our representative always put you first, and finding a buyer is their number one priority.
Sell Your Timeshare With Timeshares Only
Ready to post your timeshare for sale? Timeshares Only is a Member of ARDA, with an A+ Rating on the BBB as an Accredited Business. Fill out the form below to get started.