Selling Your Timeshare ARDA-ROC : Timeshare Resales : Resales : Selling Your Timeshare
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Selling Your Timeshare 

Most timeshare owners are happy with their vacation ownership (more than 80% express satisfaction), but there may come a time when a timeshare no longer makes sense due to a personal financial situation or a lifestyle change.

The number one question every owner has at this point is: “Where do I start?” The timeshare resale market—which includes resellers, internet advertisers and many other types of exit companies—can be complex to navigate, especially for someone new to the process. 

Here are some tips, checklists and best practices that will help guide you through the process:


8 Tips to the Exit Process

 research icon  Research your timeshare product. Understand your timeshare product type. Its age, the desirability of location, costs of ownership and restrictions—all will impact the price. There is a lot of information about timeshare listings available online to use for comparison pricing.
 consult icon  Consult your resort or HOA. Contact your resort, HOA or the management company to see what kind of programs they have in place for owners who want to exit, such as give-back or buy-back programs. They may also recommend in-house services or preferred resale company partners.  
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Get assistance from a licensed reseller or advertiser to sell it. There are three types of companies in this arena: resale advertiser, licensed reseller and other resale company. Do your research first to determine the company’s reputation, past resale success and current license state. Here's a list of a few providers that can assist.  

 
  • Advertisers are companies that only help you market or advertise your timeshare.  
  • Licensed resellers (with licensed real estate agents) help with all aspects of selling and renting. 
  • Other resale companies can offer to buy your timeshare interest, take it away for a fee, help you give it to charity, put your timeshare in a travel club or some other workable solution. Use caution with these companies, as many have used deceptive practices. 
 
 sell-it-yourself-icon  Sell it yourself. Armed with your research, post your product listing with as much detail as possible on free listing websites like eBay, Craigslist or through your HOA (newsletter or message board). Keep in mind that if you sell it yourself, you will be responsible for handling the entire transaction, transferring documents, titles, etc. 
 resale-gift-icon  Pass it on as a gift to your family. Have a conversation with your family about your timeshare product. If they’re interested, transfer of ownership rules make it possible to give your timeshare to a family member to enjoy future vacations. Laws and regulations concerning timeshare transfers vary state by state. 
 donate-your-resale-icon  Donate it to charity. Some charities accept donated timeshares. Fees are likely associated with the transaction. It’s always best to perform research before choosing this option, as well as to contact your tax advisor. 
 generate-income-icon  Generate income by renting your timeshare. If you’re unsure about selling it, try to rent it out. Check with your resort manager to see if your resort has a rental program or policy. Or, list the rental opportunity on an owner site.
 scammer-icon  Beware of scams! If someone contacts you (via phone, mail, online) in an unsolicited manner and offers to help to sell or transfer your timeshare product, use caution. This is a common scam tactic to get money from you without providing any services. See our consumer advisories warning of resale scams. 


Preparing to Exit Checklist

✔ Get your paperwork in order. Gather all details: type of product (interval, points-based, etc.), amenities at the resort, maintenance fee and tax information, any legal documents received upon purchase (or obtained from your resort manager). 

✔ Look at comparable products. Understand that age of product, resort amenities, product type, exchange parameters, location and time of year are some of the restrictions that may determine price. 

✔ Decide how you want to sell it. Do you want to list it on your own, enlist advertising help or hire a licensed reseller?  

✔ Research the company first. Whether you choose an advertiser, a broker or a reseller, always research the company first to make sure they are reputable and licensed. 

✔ Use caution with unsolicited calls to help. Anyone who contacts you out of the blue with promises to sell your timeshare or even transfer ownership is usually part of a scam. And never PAY AN UP-FRONT FEE. 


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Selling Your Timeshare

Resale Tips

A list of advertising and resale providers to start with. 

Information on state consumer protection

Links to government websites

Helpful checklists to use when reselling

Resale terminology

Real estate licensing resources and more

 

Consumer Protection

Check to see who is really an ARDA member.

View a list of companies using the ARDA logo or name fraudulently.

Learn where to file a complaint against a company. Read more 

View all of our current consumer advisories.


We're here to help answer many of the questions you may have about your timeshare.

Please contact the ARDA-ROC Consumer Support Team by: 

Phone: 855-939-1515

Web Request: Click Here!