selling my timeshare

[hoagylips Junior Member Find all posts View Profile Close hoagylips]

are the buyatimeshare.com and other services that make you pay up front legit or are they a ripoff? I need help.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Virtually every resale company that charges an upfront fee cares little about selling timeshares and exists primarily to collect fees.

[falmouth3 Senior Member Find all posts View Profile Close falmouth3]

There are a number of places to sell your timeshare yourself. Do a search on selling timeshares and you'll find oodles of threads. See the blue bar above for the search function.

Price it realistically. Take a look at eBay and see what timeshares are selling for now. eBay prices are rock bottom, though.

Good luck.

[tonik Member Find all posts View Profile Close tonik]

selling timeshares

You can post it on Redweek but willl need to find a company to handle the transactions.

[JWC Super Moderator Find all posts View Profile Close JWC]

I recommend myresortnetwork.com for listing your timeshare. No membership required like Redweek and cheaper. I listed mine on both myresortnetwork.com and Redweek.com. I got more results from my resortnetwork.com where my buyer came from. There are several timeshare closing companies that can handle the transaction. My sale went very smoothly but that was a couple years ago when it was a lot easier to sell your timeshare.

Definitely do NOT pay any form of an upfront fee. Some will say they have no upfront fees but will require an appraisal which is just another form of upfront fee. There is no need for an appraisal as they are totally meaningless in the timeshare world.

[tonik Member Find all posts View Profile Close tonik]

timeshsare sale

Good tokow John in case I sell the one on cocoa beach.

I am planning to visit there at least once then selling it as the MF is a little high.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

I wasn't aware of any resellers who are still requiring an "appraisal" or "cma" before accepting a listing other than Redweek's "full service" option.. I thought the ship had sailed on that scam and it wasn't really being used any longer!


On the other hand, a written cma from a broker familiar with the property isn't a bad step for a new seller with a marketable branded ownership, as long as it is relatively inexpensive or free (around $50. is probably reasonable). I prepare CMA's frequently for a number of legal firms and for clients referred to me by their resort, (but I don't really like taking the time to do so and I charge more than $50!)...

Knowing what the resale market will bear for your ownership is good to know, and can often save you from spending advertising dollars based on misinformation as well as save you from wasted time and frustration caused by over-pricing!


If you opt for a maket analysis- be aware of the following:

1) If the person preparing the cma isn't a licensed real estate associate- they aren't really able to give you a true valuation.........

Many of the reseller sites offer some type of this service, but all they actually share with you is what properties on their site were priced at when the ad was removed! MyResortNetwork offers valuations in this manner.. Very few sales occur at full price, so this info isn't accurate in my opinion!

2) If the broker uses the term "net"- it means they are not telling you the true selling price............

Net listings are common in timeshare. A net listing is simply an agreement where the seller agrees to a specific price, and the broker is allowed to earn anything and everything above that amount as just commission. If during a valuation, a broker tells you "the net proceeds should be..."- be aware they they have reduced the valuation by the expected broker's commission (normally a minimum of $2,000)....

3) If you need the valuation for legal purposes such as a bankruptcy, estate proceeding, or divorce- always check with your attorney (or judge) to ensure that a CMA will be accepted........

Most attorneys and judges familiar with timeshare accept the CMA rather than a certified appraisal- but not every judge is familiar with timeshares.. If a certified appraisal is required, it can be very difficult to obtain and it is normally fairly expensive!

[tonik Member Find all posts View Profile Close tonik]

Selling timeshares

Very interesting about the appraisal and CMA's. I am a real estate agent but do not deal in timeshares. Often wondered about getting my license (in TN you must have a separate license to sell timeshares), just for the knowledge.

Did not realize that timeshare agents made $2K on most sales.

[vinodsaini Junior Member Find all posts View Profile Close vinodsaini]

why u want to sale

why u want to sale