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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... So You Want to Sell Your Timeshare You are the owner of a timeshare and have decided the time has come to part ways. You may be interested in another timeshare or have decided a timeshare isn’t for you. Whatever your reason may be, a timeshare is a piece of real estate and you should place as much thought and planning into selling a timeshare as you would any other piece of real estate. Many agencies exist that will assist you in selling your timeshare or buy it outright. However, just as any situation where money is involved, there are many agencies that will successfully take your money and your timeshare, leaving you with a small percent of your profit. Of course, legitimate agencies exist that will assist you selling your timeshare in a completely professional manner. Weeding the legitimate agencies from the scam artists will save you a lot of time, frustration, and money. The best scam detector you have in your arsenal is your common sense. Before placing your money and property in someone else’s hands, it would be a good idea to do some research on that agency. Ask questions, check out their references, and contact the Better Business Bureau to see if any complaints have been filed against the agency. Remember the golden rule of buying and selling: if it’s too good to be true, then it probably is! Do not decide on a whim. Spontaneity may be a good quality in other aspects of life, but not when dealing with anything to do with money. Your goal isn’t to line someone else’s pockets. Your goal is to sell your timeshare for its full market value. Beware of companies who require a fee before the sale of your timeshare has transpired. Even if they claim this fee is refundable once the sale is made, the best thing to do is turn on your heels and leave. Remember the basic relationship between a company...