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Author:
Larry Mitchell

When is it time sell your timeshare? How do you determine that you no longer want to hold on to your timeshare investment? Is it time for you to look at the real estate market in the area of your timeshare? All of these questions are necessary to answer if you are trying to decide whether or not it is time to sell your timeshare. Ask yourself the following key questions when judging if the time is right to sell your timeshare:

Are you getting the maximum use out of your timeshare?

Far too many timeshare owners are spend their hard earned cash on monthly payments for their timeshare, yet are unable to spend their designated vacation time at their timeshare. If you find yourself in this position, consider selling your timeshare in order to purchase one that will better accommodate your schedule or forego the timeshare experience totally. Although you may be able to rent out your timeshare if you are unable to use the unit, the cost and hassle associated with paying real estate agency fees in order to rent our your timeshare can be quite taxing. Furthermore, regularly paying a monthly timeshare fee without ever getting the benefits of enjoying the timeshare is the number one reason that timeshare owners list their units for sale.

Have you outgrown your timeshare?

Many families choose to invest in a timeshare that is large enough to hold the entire family or in a location that will appeal to the younger family members. However, as children grow older and begin to leave the nest, many couples are find that their timeshare unit no longer suits their needs. If you have found that your timeshare is a bit too spacious, consider selling your timeshare and using the profits to invest in a more appropriate unit. Furthermore, consider relocating your timeshare to a more adult-friendly location once the little ones are not so little anymore.

Of course, many families find that their timeshare unit is too small to accommodate their growing families. Many couples invest in a timeshare before children come along, only to find their unit is too small for their family. Also, many parents choose a timeshare for the older crowd, then reconsider once grandchildren start coming into the picture. Both of these aspects of family life are compelling reasons to sell your current timeshare. Most timeshare owners find themselves back into the timeshare market once their original unit has been sold.

Did you purchase your timeshare as an investment?

For those timeshare owners with nerves of steel that purchased the unit (or units) as an investment for further down the road, it may be the right time to cash in your chips. Depending on the area in which the timeshare is located and the time and size of the unit, today may be the right time to get the most bang for your buck by cashing in your investment. If you are in the business—or want to be in the business—of buying and selling timeshares, the most critical aspect of these transactions is to be well versed in the ins and outs of the real estate market.

Has Something Else Changed in Your Life?

There are numerous other reasons for putting your timeshare unit on the market. A common reason to sell a timeshare is the complete liquidation of an estate. Usually due to death of the estate holder or dissolution of a marriage, this liquidation can be handed by a lawyer or the individual put in charge of the estate. Furthermore, timeshares are sold to pay off unexpected—or expected bills that the owner may incur, such as medical or education expenses. While you may not reap a profit from selling a timeshare, reducing the expenses and stress of ownership may help you deal with life’s other challenges.

Visit Sell Your Timeshare for more great timeshare sales tips!

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A Quick Note From The Publisher... If you like the article above, you may be interested in the following article which is also related to Timeshares... Timeshare Resales - How To Buy Smart There are several key factors you must consider in order to avoid overpaying for timeshare resales. In this article you'll learn the steps necessary for you to learn how to minimize your costs - yet still buy a timeshare that has powerful exchange value through RCI and Interval Int'l. 1. Understand Resort Ratings. If you want to get the most timeshare for the money do NOT insist that the resort be rated Gold Crown or 5-Star. Contrary to popular opinion, a resort rating of Gold Crown or 5-Star has little to do with exchange power. Why pay more than you need? Non rated resorts in high demand areas will trade just fine into Gold Crown and 5-Star resorts. There is a myth out there that you have to own Gold Crown or 5-Star to exchange for same. This is not true. In fact ownership in rated resorts can actually LIMIT your exchange! 2. Buy in a High Demand Area. By far the single most important factor in determining trade power is location, location, location! Remember that past demand for a particular resort is the key factor built into the exchange company software which determines what you will be offered in exchange. Examples of high demand areas are Hawaii, California Coastal, Palm Springs Winter, Florida Coastal and Orlando, the Caribbean, Cancun, Cabo San Lucas, Myrtle Beach, Hilton Head Island, ski areas, - in short, any area that is short of timeshare space relative to a high number of people wanting to vacation in that area. 3. Buy Prime Season If you buy prime season, you won't be restricted as to what time of the year you can request to exchange - you can request any time of year for your destination resort. 4. Buy in a Resort That Has a Reasonable Maintenance Fee. Since maintenance fees go on forever, don't buy in a resort with an...