It is now time for me to make a start on selling my timeshare. Buying a timeshare seemed like a good idea before, but the costs involved and the lack of variety have made owning a timeshare far less attractive. Unlike a vacation club, a timeshare restricts you to one destination or involves the difficulty of organising a swap to vacation somewhere else.

The first thing I need to do now that I’m selling my timeshare is work out what it is worth. Many timeshares are sold for just 30-50% of their original purchase price. In this economy, less desirable timeshares may be hard to sell at all. Pricing a timeshare low will help you to sell it quicker. Pricing it higher will often get a better price, but will be a longer period of paying other expenses.

An estate agent can often be well worth the commission charged. An estate agent can help find potential buyers for your unit and ensure that the legal details of timeshare sales are done properly. Try to find a real estate agent or company who is a member of the ARDA..

If your timeshare is part of a development, find out if the development has sales people working on site who deal with resales, but be sure to understand the fees before signing. It might also be worth finding out who owns the adjacent weeks in your timeshare since they may be interested in potential buying more. Some sellers have had luck on auction websites or in classified advertisements, either locally or within the timeshare community.

Selling my timeshare may be a bit of a difficult process, but I know it will be worth it in the end for me and my family. Instead of being limited by our timeshare, we will just join a vacation club and travel to loads locations at a huge discounts.

The reason I decided on Selling My Timeshare was because I found out I could get better value and choice as a vacation club member CLICK HERE for more info