Timeshare Resale: Low Cost But At What Price?

Timeshare has become one of the segments of the travel industry that continues to grow dramatically over the years. It has become an accepted way to plan travel and vacation for many people around the world today.

A timeshare is at its core a “fractional” ownership of a vacation home. Timeshare ownership is a fantastic way to have luxurious accommodations at a cheaper price. Units tend to be luxurious condominiums including kitchen, dining, and living areas for vacationers to relax and enjoy their time away from home.

However, there are times when an owner finds they just do not want their timeshare anymore. Perhaps their financial situation has changed or their lifestyle situation has changed. Unfortunately sometimes it is the lack of understanding buy the purchaser on what the commitment is. Sometimes it is even a lack of disclosure by the salesperson (which commonly leads to the “timeshares are a scam” paradigm). At any rate, a timeshare becomes more of a burden than a benefit. At this point, timeshare resale is a viable option.

That is why, timeshare resells are cheaper. Regardless of their reasons, timeshare resells see to be a much better deal than the original offer from which the timeshare was first bought. In fact, the owner can usually expect anywhere between 10% and 50% of the purchase price.

This is more similar to selling a used car than selling a piece of real estate. However, it also allows the owner relief from the legal obligations of owning a timeshare.

When an owner resells timeshare, there are many timeshare companies that will successfully take a big fraction of your money and leave you with a less desirable profit. Legitimate timeshare companies fortunately exist to help you in selling your timeshare in a completely legal and desirable manner. These companies will help an owner to resell timeshare for its full market value.

Buying A Timeshare Resale

Similar to buying a used car, sometimes it is better to go with a good name, one that has been in the industry for quite some time.

For buyers, you can have your vacation planning move faster than you expect right after finding the ultimate vacation spot you have only been dreaming about for a fraction of the cost. When your ideal timeshare resells, make a wise buying decision and enjoy your dream vacation the way you should.

The hardest part is finding the timeshare resell.

Because the resellers do not have the promotional resources that the resorts do when selling new timeshares. Have you ever gotten those promotional deals for free vacation, free helicopter tour, or even $150 in retail gift cards? Resorts spend a lot of time marketing new timeshares and the resources used in these endeavors dwarf the promotional efforts of resell companies.

The internet is your best friend when it comes to finding resells whether they are on classified ads website or you find a reseller online. Make a smart decision when you buy and then you will be able to enjoy your home away from home at a fraction of the cost of new timeshares.