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Today We Focus on The Question: How Do I Sell My Timeshare?

May 29, 2012 | Comments: 0 | Views: 221

There is a seemingly eternal question for those currently trying to or thinking of selling their timeshare at the moment. It won't be a surprise to many that the market has seen better days and therefore many are looking for a way to sell or exchange their timeshare or vacation club points. This all amounts to the question "how do I sell my timeshare?" being thrown about.

So maybe you've owned you timeshare for around ten years, you've enjoyed all Marbella Beach or Anfi Beach Club can offer you, sampled golf at Orange Lake County Club or Marriott's Son Antem, or maybe spent your time looking out over the waters of Loch Lomond at Cameron House. But like it or not, nothing lasts forever, there is going to be some moment where you are faced with a choice, do you pass your timeshare onto your kids or do you try and sell it?

Because of the reputation timeshare has gained over the years many people wince at the thought of owning them - this perhaps is a little unfair, because they can be very rewarding in the right situations. Although, having said that, the right situation isn't always inheritance, you son or daughter might not be in the best position to make use of your timeshare or they may not be able to start paying the associated fees for one reason or another. The extra pressure of knowing that you are going to leave something behind that might not be wanted isn't going to feel good, so this can often leave you with one solution, selling it.

As mentioned, selling timeshares is a topic that is still unclear with a lot of people; who do you turn to? How do you sort out the paper work? What's safe to work through? The answer to this is relatively simple really, timeshare resales. A timeshare reseller acts like a broker for you and prospective buyers; they are the middle-man who deals with the legal processes, the advertising and of course any negotiations that need to take place in order to further the deal.

It will have hardly gone unnoticed that there is a bad reputation within timeshare resales for scam artists, conmen and otherwise illegally run businesses which just prey off those trying to sell their timeshare. The most common scam is to see a cold caller approach something with a fictitious buyer waiting to pay for their timeshares, all they need to do is cough up several hundred pounds to cover any "costs" and wait for the sale to happen. Sadly the buyer seldom comes forward and many end up out of pocket as a result from these scams.

To protect yourself while you sell timeshare always be aware of who you are trading through, are they a well know, long established company? Do they have a website, an existing head office; can you find any word-of -mouth recommendations from them? All of these questions will take a little bit of research to answer, but it can be worth it. In addition get in contact with the Resort Development Organisation (RDO) or the Timeshare Association (TATOC), they can tell you if the timeshare reseller is safe to work with and also give advice in the event that you've had a run-in with a scam company.

So, "how do I sell my timeshare?" The first step in the process is best taken by getting in contact with a trustworthy reseller or broker and then take it from there.

A timeshare and holiday guru with over ten years of experience reviewing top resorts. He owns several timeshare points and will offer expert consultancy for people who would like to sell timeshares.

Source: EzineArticles
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