i want to sell my timeshare. I have no idea how to sell it, every place that i have called want to charge me an arm and a leg. I only paid a small amount of money for it. i have paid the yearly fees and last year a special assessment. i have not done anything with my 06 week which is week 18. I have only traded and got 2 trades into Aruba over Thanksgiving. any advice would be appreciated. My husband just started his business, we are short on cash and can not even think about traveling never mind paying mf again next year. Please email me personally if you can help me.
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Please Help
- Thread starter agedurkin
- Start date
arlene22
TUG Member
Have you read the How to Sell sticky above? It has a lot of great information.
brucecz
TUG Member
On same page above your post you can contact these resellers listed below and see if any of them have listing terms that are acceptable to you.
Note as a Tug Member you had a free Tug classified ad coming to you. Did you use it?
Good luck to you.
Bruce
_________________________________________________________________
Administrator
TUG Member
BBS Reg. Date: Jun 16, 04
Location: Lexington, MA
Posts: 2,175 Frequently mentioned resale and rental websites
--------------------------------------------------------------------------------
Selected Timeshare Resale and Rental Sites
Warning: If seeking to rent or sell a timeshare that you own, avoid paying an upfront fee (e.g., $75 or up) to list your timeshare or otherwise facilitate a possible transaction. TUGgers’ experience is unanimous that such fees will generate no sale or rental transaction and any promised money-back guarantee will generally not be honored. For more info, see the “how to sell” or “how to rent” articles in this same section at the top of the list of topics for the Buying, Selling, Renting forum.
Legitimate resale sites frequently mentioned here on TUG (The first four are the ones most often suggested by TUGgers, both for buying and and selling):
www.redweek.com
www.myresortnetwork.com
www.ebay.com (Real Estate; subcategory: Timeshares)
TUG Classified Ads (link at the top of any TUG BBS page)
www.bidshares.com
www.tstoday.com
http://www.sellingtimeshares.net/
www.timesharing2000.com
www.timesharehelp.net
www.holidaygroup.com
http://www.resort-property.com/
http://www.sellingtimeshares.net/ (Specializing in Marriott)
http://www.craigslist.com/
Many of the above sites also list rentals. Other sites frequently mentioned as places to find a rental timeshare for your vacation:
http://condoworld.com
www.condosoftheworld.com
www.vrbo.com
www.choice1.com
www.skyauction.com
www.timesharegateway.com
www.timesharestogo.com
It’s possible that one or more of the sites on this page might ask for an upfront fee, in excess of a nominal listing fee. If so, please heed the advice at the top of this page!
--------------------------------------------------------------------------------
Last edited by Dave M : February 6, 2006 at 03:24 PM.
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Note as a Tug Member you had a free Tug classified ad coming to you. Did you use it?
Good luck to you.
Bruce
_________________________________________________________________
Administrator
TUG Member
BBS Reg. Date: Jun 16, 04
Location: Lexington, MA
Posts: 2,175 Frequently mentioned resale and rental websites
--------------------------------------------------------------------------------
Selected Timeshare Resale and Rental Sites
Warning: If seeking to rent or sell a timeshare that you own, avoid paying an upfront fee (e.g., $75 or up) to list your timeshare or otherwise facilitate a possible transaction. TUGgers’ experience is unanimous that such fees will generate no sale or rental transaction and any promised money-back guarantee will generally not be honored. For more info, see the “how to sell” or “how to rent” articles in this same section at the top of the list of topics for the Buying, Selling, Renting forum.
Legitimate resale sites frequently mentioned here on TUG (The first four are the ones most often suggested by TUGgers, both for buying and and selling):
www.redweek.com
www.myresortnetwork.com
www.ebay.com (Real Estate; subcategory: Timeshares)
TUG Classified Ads (link at the top of any TUG BBS page)
www.bidshares.com
www.tstoday.com
http://www.sellingtimeshares.net/
www.timesharing2000.com
www.timesharehelp.net
www.holidaygroup.com
http://www.resort-property.com/
http://www.sellingtimeshares.net/ (Specializing in Marriott)
http://www.craigslist.com/
Many of the above sites also list rentals. Other sites frequently mentioned as places to find a rental timeshare for your vacation:
http://condoworld.com
www.condosoftheworld.com
www.vrbo.com
www.choice1.com
www.skyauction.com
www.timesharegateway.com
www.timesharestogo.com
It’s possible that one or more of the sites on this page might ask for an upfront fee, in excess of a nominal listing fee. If so, please heed the advice at the top of this page!
--------------------------------------------------------------------------------
Last edited by Dave M : February 6, 2006 at 03:24 PM.
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agedurkin said:
good traffic at these sites
http://www.myresortnetowrk.com
and http://www.redweek.com
MRN charges $14.95 per listing and redweek charges $10 to join and more money to list - $49.99 for 12 months.
While Redweek hardly seems competitive with mrn the site does get a lot of visitors.
Also you can post on tug for $10, and you get a free ad with membership.
Good luck!
http://www.myresortnetowrk.com
and http://www.redweek.com
MRN charges $14.95 per listing and redweek charges $10 to join and more money to list - $49.99 for 12 months.
While Redweek hardly seems competitive with mrn the site does get a lot of visitors.
Also you can post on tug for $10, and you get a free ad with membership.
Good luck!
boyblue
TUG Member
Some resorts allow you to deposit with them extending the life span of your usage. If this option is available it's probably the simplest thing to do for now. If you're not trying to recoup your 2006 MF you can skip this suggestion.
Is your resort is one that is likely to rent last minute? Since you've paid your 06 MF you may as well rent the unit for this year because even if you sell it today the buyer will not likely be able to use it this year. Closing takes time.
How about renting the unit whiles you're in transition to cover your MF? That way you won't have to sell it. At least not at a fire sale price.
I'll PM you to get some details, I just checked my watch & it looks like buying time again.
We have some smart guys on our BBS I'm sure they will be along shortly to help with possible solutions.
BTW, I wish your family all the best in the new business venture.
Is your resort is one that is likely to rent last minute? Since you've paid your 06 MF you may as well rent the unit for this year because even if you sell it today the buyer will not likely be able to use it this year. Closing takes time.
How about renting the unit whiles you're in transition to cover your MF? That way you won't have to sell it. At least not at a fire sale price.
I'll PM you to get some details, I just checked my watch & it looks like buying time again
.We have some smart guys on our BBS I'm sure they will be along shortly to help with possible solutions.
BTW, I wish your family all the best in the new business venture.
Last edited:
BocaBum99
TUG Member
If you really want to get rid of it, run an eBay ad starting at $1 and no reserve. Ask that owner pay for closing fees and this year's maintenance fees and resort transfer fees. You'll probably have it out of your life within 2 months.
boyblue
TUG Member
See what I mean? In the 10 minutes it took me to spellcheck my post you have 4 responses. You gotta love TUG
Make that 5
Make that 5
Last edited:
Where is it? What resort?
What you should do with it depends on what it is. And where it is. And what the maintenance fees are and how many bedrooms.So tell us and find out how hard it will be to sell. If it is a real winner even for week 18 it might be worth posting an add. If it is a real dog you might get the resort to take it back.
What you should do with it depends on what it is. And where it is. And what the maintenance fees are and how many bedrooms.So tell us and find out how hard it will be to sell. If it is a real winner even for week 18 it might be worth posting an add. If it is a real dog you might get the resort to take it back.
respond
thanks for all the responses, it is a 2 bedroom in Kissimmee. Renting would be an option for me this year to recoup my fees. I am not looking to recoup my fees if I sold it. I just dont understand all the legal stuff. so I place an ad and then i find someone to buy, dont you need to do the closing? I am sorry I am not experienced at all. I keep getting phone calls to from all these timeshare people, they must get my number when I went to different sites, I am tempted to pay there ridiculous fees just to get this off my hands. How do i go about renting it? Do I do this on my own? I would not know where to start. this has been my only time share. I have had it since 2004 and like I said bought to exchange and have been happy with both exchanges to Aruba.
thanks for all the responses, it is a 2 bedroom in Kissimmee. Renting would be an option for me this year to recoup my fees. I am not looking to recoup my fees if I sold it. I just dont understand all the legal stuff. so I place an ad and then i find someone to buy, dont you need to do the closing? I am sorry I am not experienced at all. I keep getting phone calls to from all these timeshare people, they must get my number when I went to different sites, I am tempted to pay there ridiculous fees just to get this off my hands. How do i go about renting it? Do I do this on my own? I would not know where to start. this has been my only time share. I have had it since 2004 and like I said bought to exchange and have been happy with both exchanges to Aruba.
No No No
Offer it on eBay starting at one dollar. When it sells there is a closing procedure that, if handled by professionals, will cost between $250-500. The buyer should pay that.
Good luck
Paying them any money will NOT get it off your hands it will deplete your bank account and you'll still own the timeshare.agedurkin said:
Offer it on eBay starting at one dollar. When it sells there is a closing procedure that, if handled by professionals, will cost between $250-500. The buyer should pay that.
Good luck
boyblue
TUG Member
Week 18, that's like the first week in May. Not a bad week but not Memorial day weekend. As far as selling you have nothing to worry about the closing company does all the paperwork you just send them a copy of your deed/ownership papers & a simple agreement (which they will instruct you as to what needs to be included).
To list your unit on any site there is step by step instructions that even I could understand.
To rent your unit go ahead & list it and consult TUG on each step in the process. It's pretty much list it, get 50% non refundable deposit, send ok to resort & to renter, get balance (prob at least 30 days out). If you don't receive a balance you notify the resort to not accept anyone. You can do this up until check in (actually probably till check out)
To list your unit on any site there is step by step instructions that even I could understand.
To rent your unit go ahead & list it and consult TUG on each step in the process. It's pretty much list it, get 50% non refundable deposit, send ok to resort & to renter, get balance (prob at least 30 days out). If you don't receive a balance you notify the resort to not accept anyone. You can do this up until check in (actually probably till check out)
cluemeister
TUG Member