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Author:
Alvin Toh

Selling a time share is not easy. It is about selling time or holiday ownership, not a traditional real estate. You are not allowed to put up a ‘For Sale' sign in front of the property and you cannot show the unit share to potential timeshare buyers at any time you want.

If you decide to sell your timeshare, do you use a licensed timeshare broker or try to sell it yourself? It can sometimes be a difficult decision to make, especially if you are looking to make a decent return on the sale of your timeshare.

You may want to consider enlisting the service of a broker if you have limited experience and time in selling your timeshare. The advantages of selling your timeshare through a broker are: 1. Advertising is included in the broker's commission. 2. Brokers are able to reach a wider network of potential buyers. 3. You don't need to worry about doing the paperwork. 4. Communication is between you and the broker, so you do not have to deal directly with the buyer. This frees up your time to take care of other business. 5. Brokers are generally more skilled at negotiation and selling a timeshare successfully. In certain instances, brokers can secure a higher selling price.

The disadvantages of selling your timeshare through a broker are: 1. You have to pay a commission. 2. Lack of direct communication with the buyer. 3. Lack of knowledge about what the broker is telling the buyer. 4. Time delays in renegotiating contract. 5. Unable to accept direct bid while under contract with the broker. 6. There may be other charges such upfront fees and appraisal fees. When selling a timeshare, appraisal is not required. So, you shouldn't be paying appraisal fee at all.

Some timeshare sellers prefer to pay an upfront or one-time fee as a cheaper alternative to paying a broker commission. It is vital to find a reliable company as many timeshare scammers disappear after collecting upfront fees.

When selecting a licensed time share broker, check the timeshare resale company's background with the Better Business Bureau. You want to deal with a company that has a good reputation and not one with a history of complaints. Beware of any company that charges both an upfront fee and a commission. You shouldn't be paying twice for the same service. It is best to avoid this type of company to prevent being scammed.

More revealing facts and reources on sell a time share are available at www.sellatimeshareonline.com

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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... Enjoying a budget vacation through resale timeshares Timeshares can be one of the most valuable resources for the budget minded traveler, but they are also one of the most frequently regretted purchases. Many people get roped into buying overpriced timeshare units through high pressure sales tactics, or they are lured into expensive properties by the promise of a "free" vacation. No matter what the reason, there are a great many unwanted timeshares on the market at any given time. What that means for the budget travel is the opportunity to pick up some great timeshare properties at prices that are a fraction of the original price. There are a number of places to look for resale timeshares, including real estate agents, bulletin boards, newspaper classified and even online auctions. Any of these places can be a great place to pick up a quality timeshare at a budget price, but it is important to shop around, and to understand exactly what you are getting before making your purchase. One of the keys to buying a quality time share at a good price is to buy only in high demand areas, or in areas that are growing in popularity. Remember that a timeshare is primarily a piece of real estate, and we all know that the three most important factors for real estate are location, location and location. Examples of areas in high demand include places like Hawaii, the California coastline, the coast of Florida, Orlando, Cancun, Myrtle Beach, and the Caribbean. It is also important to know the maintenance fees of the properties you are considering. The maintenance fees are a large part of any timeshare ownership, and one of the primary reasons that current owners decide to dump their properties. It is important to avoid properties that have very high maintenance fees unless you can buy...