I am looking for information regarding timeshare resale brokers throughout the US. I have posted previously about this HERE, but I recieved little to no response. I am basically wondering if anyone knows of any brokers who deal specifically with certain properties (Shell Vac. Club in this case), and where to access this information. We all know that properties are selling at the resorts still, and that somewhere out there, there are brokers still getting "better than eBay" prices for their inventory. Does anyone have any knowledge on brokers who specialize in the Shell Vacations Club system? It seems no one wants them (I have tried giving them away on the bargain basement and bargain deals thread multiple times), yet I know that they are still selling at the resort.
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Timeshare Brokers information...
- Thread starter TSKeith
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DeniseM
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Hi Keith - Brokers charge a commission of $1,000 and up. And of course, they want to list properties that they can sell. Unfortunately, you are unlikely to find a broker who wants to list a property with no resale value - it's not profitable for them.
Your best bet is to actively market it yourself (for free) on as many websites as possible. I use TUG, Redweek, Myresortnetwork, and Craigslist.
When you post it on the TUG Bargain Deals forum, you should re-post to the thread at least once a week to bring it back to the top page. It is also helpful to add positive info. to your Ad about how a new owner can use the ownership. Since you haven't bumped your Ad from Nov. 23rd - it is way down in the pages now, and no one will see it.
On Craigslist, you can renew your Ad every 3 days and bump it to the top of the list, as well.
Good luck!
Your best bet is to actively market it yourself (for free) on as many websites as possible. I use TUG, Redweek, Myresortnetwork, and Craigslist.
When you post it on the TUG Bargain Deals forum, you should re-post to the thread at least once a week to bring it back to the top page. It is also helpful to add positive info. to your Ad about how a new owner can use the ownership. Since you haven't bumped your Ad from Nov. 23rd - it is way down in the pages now, and no one will see it.
On Craigslist, you can renew your Ad every 3 days and bump it to the top of the list, as well.
Good luck!
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Have you tried giving the Shell away in the Timesharing Today magazine? It's marketed to less savvy timeshare owners, basically older people, but a lot of them have the time to travel, and Shell is pretty great.
The fact that you and your fellow eBay sellers cannot even give away Shell is scary. How am I ever going to get rid of mine? I guess I really need to figure out how to rent them. As a trader in II, they don't work well for me, but others are thrilled with the switch to II. Maybe you should market the low-point exchanges through II as a reason to own.
In RCI, those points were awesome. I had one year to play around with it and loved what I saw. II, not so much.
The fact that you and your fellow eBay sellers cannot even give away Shell is scary. How am I ever going to get rid of mine? I guess I really need to figure out how to rent them. As a trader in II, they don't work well for me, but others are thrilled with the switch to II. Maybe you should market the low-point exchanges through II as a reason to own.
In RCI, those points were awesome. I had one year to play around with it and loved what I saw. II, not so much.
rrlongwell
newbie
I am not a buyer of the group you posted about. However, a few timeshares I have seen go real fast on TUGS were given away for free, seller paid closing costs maintance fees for a year or two taken care of. All monies paid should be at closing. Your fellow Tugers tend to be real quick when they see the right deal. Best of luck.
Carolinian
TUG Member
Not all brokets charge the $2K commissions. Our local t/s broker on the OBX, for example, Outer Banks Resort Rentals, charges s much cheaper commission, and consequnetly lists weeks from all seasons of the year.
Hi Keith - Brokers charge a commission of $1,000 and up. And of course, they want to list properties that they can sell. Unfortunately, you are unlikely to find a broker who wants to list a property with no resale value - it's not profitable for them.
Denise
Why do you say its not profitable for brokers to sell zero value timeshares?
If as you say they charge $1000 and up commission, what does it matter (to them) what it sells for?
(Yes I know that means the seller will have to write a check at closing...)
I dunno, but...
The relatively new "no upfront fee" group of brokers known as LRTBA (Licensed Resale Timesahre Brokers' Assn.) might include someone familiar with the Shell sysyem who could find you a recipient.
It would surely be worth at least contacting them just to find out....
A commission will obviously be due at some point, and likely involve a minimum of $1k, but it may be worth it to you if they have access to a potential recipient pool which you might not otherwise find or reach.
Just a thought (...and, for the record, I have absoluely no personal affiliation of any kind with LRTBA).
The relatively new "no upfront fee" group of brokers known as LRTBA (Licensed Resale Timesahre Brokers' Assn.) might include someone familiar with the Shell sysyem who could find you a recipient.
It would surely be worth at least contacting them just to find out....
A commission will obviously be due at some point, and likely involve a minimum of $1k, but it may be worth it to you if they have access to a potential recipient pool which you might not otherwise find or reach.
Just a thought (...and, for the record, I have absoluely no personal affiliation of any kind with LRTBA).
Thank you!
Thank you for all of the advice. I just know that there is a large gap out there between the re-sale/eBay market and the resort sales prices. I just wish I knew how to tap into it better. People will still be getting a great product (in most cases), and at 60-80% off of developer prices, it will be a great deal.
Thank you for all of the advice. I just know that there is a large gap out there between the re-sale/eBay market and the resort sales prices. I just wish I knew how to tap into it better. People will still be getting a great product (in most cases), and at 60-80% off of developer prices, it will be a great deal.
DeniseM
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That's correct, but a broker wants to list properties with an active resale market that they can flip quickly. With a TS with no resale value, that's not likely to happen.
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What I know for sure is that Shell is free on eBay, usually with free usage for the current year. I would bet some are selling with points banked from this year. If Shell stayed with RCI, which they didn't, I would consider more points.
Love the California and Hawaii Clubs, but we own only California. We would have purchased Hawaii, if we wanted more Shell, just to stay at the Kauai Coast at the Beachboy oceanfront every year. That's still something I think about, but after paying my MF's for all of my weeks this last month, OUCH!!!! I don't need more timeshare.
Love the California and Hawaii Clubs, but we own only California. We would have purchased Hawaii, if we wanted more Shell, just to stay at the Kauai Coast at the Beachboy oceanfront every year. That's still something I think about, but after paying my MF's for all of my weeks this last month, OUCH!!!! I don't need more timeshare.
rrlongwell
newbie
I am with Ron. I am not sure the rate would necessarily be $1,000 dollars. I know of one PA Broker that would have done it for $500 not fee if not sold. So it does appear that there are brokers out there that are reasonable.
DeniseM
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Maybe there are brokers who will accept a $500 commission - but look at it from the broker's point of view. Do they want to invest time and energy in a listing that will be very difficult to get rid of? I don't think there will be brokers jumping up and down to list this property. The brokers on TUG that I talk to are very selective about what they list. Time is money and it's a waste of their time to list something that won't move.
I honestly think the OP can do just as well himself, if he will put some earnest effort into it, markets it widely, and pay all transfer costs.
YMMV
I honestly think the OP can do just as well himself, if he will put some earnest effort into it, markets it widely, and pay all transfer costs.
YMMV
rrlongwell
newbie
http://www.licensedtimeshareresalebrokers.org/application-form.php: Here is their site address. I just did a quick review, I do not know if any Tuggers are part this group or not.
Ron: Are you a member?
Last edited:
Yes
Judy Kozlowsk is a TUG member and a LRTBA member / broker.
Not an endorsement, just an observation...
Judy Kozlowsk is a TUG member and a LRTBA member / broker.
Not an endorsement, just an observation...
rrlongwell
newbie
Thanks to all for the responses.
BocaBum99
TUG Member
Why is TUG so unwilling to give out information for PCCs? The bottom line is this. Shell Vacation Club points are less than worthless. Look for one of those donation companies who will charge you less than $1000 to take your timeshare off of your hands. Check them out thoroughly and get rid of your Shell points.
Every other post on this thread is providing you really bad information. You will NEVER get rid of your points working with a licensed broker because they won't touch your points with a 10 foot poll. There is no market for them.
Most on this thread are wedded to their belief that PCCs are bad under all circumstances. They aren't.
Every other post on this thread is providing you really bad information. You will NEVER get rid of your points working with a licensed broker because they won't touch your points with a 10 foot poll. There is no market for them.
Most on this thread are wedded to their belief that PCCs are bad under all circumstances. They aren't.
While everyone on this forum is an adult, and responsible for their own decisions....to answer your question directly:
I personally cannot in all good conscience suggest to someone to utilize an upfront fee company that will knowingly transfer their ownership to a bogus LLC who has no intention of paying the maint fees, nor having any contact with the resort/hoa/bod/etc ever again.
That said, if you are fully aware of what you are doing...and proceed to do it anyway...thats your own cross to bear.
I personally cannot in all good conscience suggest to someone to utilize an upfront fee company that will knowingly transfer their ownership to a bogus LLC who has no intention of paying the maint fees, nor having any contact with the resort/hoa/bod/etc ever again.
That said, if you are fully aware of what you are doing...and proceed to do it anyway...thats your own cross to bear.
on a side note...to clarify the above. I am pretty sure that anyone you talk to in the LTRBA...upon finding out you are trying to sell a timeshare thats currently being "given away" on tug/ebay/wherever....will likely inform you of said information and suggest you attempt to sell it yourself.
I would find it highly unlikely that any of them (at least the ones I know personally) would charge you their flat rate comission to sell a timeshare they know they couldnt get more than peanuts for in the resale market.
I would find it highly unlikely that any of them (at least the ones I know personally) would charge you their flat rate comission to sell a timeshare they know they couldnt get more than peanuts for in the resale market.
Rent_Share
TUG Member
look at this post
http://tugbbs.com/forums/showthread.php?t=158019
Plus the OP's Location Montana (Bozeman ?)
IMHO he is affiliatated with a PCC and is looking for a way to dump Shell Points
http://tugbbs.com/forums/showthread.php?t=158019
Plus the OP's Location Montana (Bozeman ?)
IMHO he is affiliatated with a PCC and is looking for a way to dump Shell Points
There are few "absolute" rules when it comes to selling a timeshare. About the only one that I know is that a consumer should never buy or sell a timeshare on impulse. It always needs to be a well researched decision, and the consumer who doesn't take a deep breath and back away from an impulse decision will normally regret it!
Likewise, all the various players in the resale industry may want you to believe they wear a pristine white cowboy hat- but most everybody I know has at least a little dirt that has rubbed off while they've been playing in the mud...
For consumers- just like all programs they need to fully research the entire industry (including classifieds such as TUG, licensed brokers with no upfront fees, PCC's, charities, resort deed back programs, and also consider the actual ramifications of simply defaulting). There is no single one answer that is correct... While there are often no great choices, there are always options. Some of which will probably hurt less than others!
I'm not a fan of PCC's- but I have talked to numerous clients who for them- paying a few thousand to be rid of a timeshare was a researched decision that made sense for their situation. Likewise, there is at least one member of LTRBA who operates their own "reverse equity" sale program where the seller pays $1,500 plus closing costs and the unwanted timeshare is deeded out of their name. There are also other methods of earning a commission on a "worthless" timeshare.
Consumers need to explore as many options as they can... It seems like common sense, but we have to remember that timeshare owners in general are a demographic that is prone to impulse. This is the reason why everyday there are new stories about timeshare owners being scammed by cons that seem ridiculously transparent to most of us. It's often the nature of a timeshare owner to makes them an easy target.
Consumers need to pay less attention to labels and trade groups, and instead concentrate on the details of the transaction itself. Just because a broker or reseller pays hundreds to belong to a trade organization such as ARDA or LTRBA does not necessarily mean they have the best interest of the client as the heart of their business.
This doesn't mean they are bad people- it's just the cut throat nature of the timeshare industry itself. No different than non-licensed Tuggers who run their own flip business. In every aspect of life, the savvy always have an advantage over the uneducated in any specific industry.
The best advice to always give to any seller is "Educate Yourself"..
That opportunity for learning is always the best part of websites such as TUG.
For readers of this thread- there will always be sharp differences of opinion between posters- and there will always be conflicting information about who others would recommend you use.. Take all of that with a grain of salt and use these discussions not as the answers themselves- but rather as suggestions!
Likewise, all the various players in the resale industry may want you to believe they wear a pristine white cowboy hat- but most everybody I know has at least a little dirt that has rubbed off while they've been playing in the mud...
For consumers- just like all programs they need to fully research the entire industry (including classifieds such as TUG, licensed brokers with no upfront fees, PCC's, charities, resort deed back programs, and also consider the actual ramifications of simply defaulting). There is no single one answer that is correct... While there are often no great choices, there are always options. Some of which will probably hurt less than others!
I'm not a fan of PCC's- but I have talked to numerous clients who for them- paying a few thousand to be rid of a timeshare was a researched decision that made sense for their situation. Likewise, there is at least one member of LTRBA who operates their own "reverse equity" sale program where the seller pays $1,500 plus closing costs and the unwanted timeshare is deeded out of their name. There are also other methods of earning a commission on a "worthless" timeshare.
Consumers need to explore as many options as they can... It seems like common sense, but we have to remember that timeshare owners in general are a demographic that is prone to impulse. This is the reason why everyday there are new stories about timeshare owners being scammed by cons that seem ridiculously transparent to most of us. It's often the nature of a timeshare owner to makes them an easy target.
Consumers need to pay less attention to labels and trade groups, and instead concentrate on the details of the transaction itself. Just because a broker or reseller pays hundreds to belong to a trade organization such as ARDA or LTRBA does not necessarily mean they have the best interest of the client as the heart of their business.
This doesn't mean they are bad people- it's just the cut throat nature of the timeshare industry itself. No different than non-licensed Tuggers who run their own flip business. In every aspect of life, the savvy always have an advantage over the uneducated in any specific industry.
The best advice to always give to any seller is "Educate Yourself"..
That opportunity for learning is always the best part of websites such as TUG.
For readers of this thread- there will always be sharp differences of opinion between posters- and there will always be conflicting information about who others would recommend you use.. Take all of that with a grain of salt and use these discussions not as the answers themselves- but rather as suggestions!
Sage Advice
To Brian's point in the thread, Richard provided sage advice overall, and am sure it crunched a few toes on some senstive areas. In our business, we recount many of these points to sellers all day long, trying to relieve their angst and frustration. There are indeed options, and at some point decisions need to be made. There is no excuse for ignorance given the plethora of information available on sites like TUG.
Annoying thought for the day: Many PCC's have shell companys that carry BBB ratings of "A" or better, contrary to much of the underlying activity.
Don & Diane Nadeau
[Business title edited out per TUG posting rules. - DeniseM Moderator]
To Brian's point in the thread, Richard provided sage advice overall, and am sure it crunched a few toes on some senstive areas. In our business, we recount many of these points to sellers all day long, trying to relieve their angst and frustration. There are indeed options, and at some point decisions need to be made. There is no excuse for ignorance given the plethora of information available on sites like TUG.
Annoying thought for the day: Many PCC's have shell companys that carry BBB ratings of "A" or better, contrary to much of the underlying activity.
Don & Diane Nadeau
[Business title edited out per TUG posting rules. - DeniseM Moderator]
Last edited by a moderator:
icul8rg8r
TUG Member
I know nothing about SVC, but have you checked with the property to see if you can deed it back? We tried to give away our Branson timeshare (non-affiliated) and were about to pay 2 years of maintenance fees to see if that would entice someone. I called the property to see if there was a fee/charge to transfer ownership and was pleasantly surprised to find out that they would allow us to deed it back for only $100 (didn't have to pay any mf's).
Good luck....