• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Selling a deeded timeshare

LilaUK

newbie
Joined
Dec 6, 2011
Messages
2
Reaction score
0
Points
0
Location
Edinburgh, UK
Hi
My husband and I bought a timeshare about 10 years ago. Deeded property in Vegas. But basically with all the changes, its not really going to work out for us anymore. Plus we are in some financial difficulty, like many others and life would be a bit easier without the maintenance fees.

Now my question is, how do I work out how much my timeshare is worth. is the deed worth anything extra?

I'm totally new to this and I would ideally like to get the timeshare off my hands as soon as possible. Add into the equation that we moved to the UK a few months ago and so this is a little more complicated.

Any advice would be much appreciated.

Thank you
 
Last edited by a moderator:

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
22,379
Reaction score
8,016
Points
1,099
Location
Florida
please start by reading the "how to sell your timeshare" sticky link at the top of this forum...it will be great in getting you started.
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,953
Reaction score
9,475
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
Hi and welcome to TUG!

The sad truth is that you may even have difficultly giving it away. There are more than 30 timeshares in Las Vegas, so there is more supply than demand. The last unit that sold on ebay at your resort, sold for $101, and many more are offered for $1 and have no bids on them.

Please go to ebay and search for your timeshare by exact name and then click on completed auctions only - www.ebay.com

I know that's a shock, but in this economy, it is an unpleasant fact of life.

WHAT EVER YOU DO - DO NOT PAY SOMEONE A HIGH UPFRONT FEE TO SELL YOUR TIMESHARE - THAT IS ALWAYS A SCAM!

There are two places on TUG where you can give away your TS's for free (no charge for the Ads.) There are other cheap and free sites on the internet, as well.

TUG Marketplace - the only cost is your TUG membership - $15 (List it for $1 and it will automatically go in the Bargain Basement Ads.)

Bargain Deals - Totally FREE! - just write a simple post with all the pertinent info. In your post, include the following info.:
-resort name
-unit size
-season owned
-maintenance fee
-current reservations​

To make it more attractive I would:

1) Pay the 2012 maintenance fees and don't ask for reimbursement.

2) Pay for the title transfer (you can get a simple title transfer with no escrow or title search for about $100.) Many people have used Tugger TTT (Alan) at Time Travel Traders for this service in the past, but he is retired and is referring most business to Lisa Short for this service - 1.706.969.8906 readylegal@gmail.com Lisa has been receiving good reviews on TUG.

3) Reserve a popular holiday week in 2012 for the new owner​

Good luck!
 

icul8rg8r

TUG Member
Joined
Dec 13, 2011
Messages
90
Reaction score
0
Points
116
Location
Seattle area
I would also try to list it somewhere in the UK ... Vegas is a popular place to visit; perhaps someone there would LOVE to own their own Vegas timeshare?
 

LilaUK

newbie
Joined
Dec 6, 2011
Messages
2
Reaction score
0
Points
0
Location
Edinburgh, UK
Thank you for the advice. I guess I might try to sell it. Ebay is quite disappointing but the 2 or 3 timeshares on the TUG Marketplace seem to be quite highly priced. I just amn't sure what would be a good price to start at. For $101 I might as well just rent out my weeks/days.
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,953
Reaction score
9,475
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
Thank you for the advice. I guess I might try to sell it. Ebay is quite disappointing but the 2 or 3 timeshares on the TUG Marketplace seem to be quite highly priced. I just amn't sure what would be a good price to start at. For $101 I might as well just rent out my weeks/days.

Remember that the ASKING price doesn't mean anything. Many owners have no idea that the resale market is FAR different than the retail market and so they put a completely unreasonable price on their Ad. Those timeshares will never sell, because you can buy the same thing on ebay for $1. That's why I suggested that you look at the completed auctions on ebay - not the asking prices.

Renting is a possibility - but in Las Vegas, you are facing the same market issues - there is far more supply of rooms than demand in LV. Not to mention that you are competing with super cheap hotel rooms.
 
Top