Is there a legitimate way to sell timeshares?

Is there a legitimate way to sell timeshares?

List the timeshare for sale on a consumer sales website, such as eBay or Craigslist. Use an online advertising site that specializes in timeshares, such as RedWeek or Timeshare Users Group. Sell your timeshare through a licensed timeshare resale company.

What happens if you walk away from a timeshare?

Some people just stop paying on their timeshares. If you do walk away, don’t be surprised to see a big hit to your credit score and to start getting regular calls from collection agencies. You might regret your purchase, but you did sign a legally binding contract.

How do I find the value of my timeshare?

Your timeshare’s value is determined by the average asking price of similar timeshares being advertised for sale and rent on BuyaTimeshare.com at your particular resort. Values can vary by resort location, resort brand, season, unit size and more. Your ownership documents will have all of the information you need.

Which is the best company to exchange timeshare time?

Users can exchange time at their home resort for time at another member’s resort, allowing customers to vacation anywhere in the world. Bluegreen Corporation offers timeshare vacation resorts throughout America, Aruba and the Bahamas. It serves over 175,000 timeshare owners in 60 locations.

What does it mean to have a timeshare in a resort?

A timeshare is a shared ownership in a resort property. You pay an upfront cost and get a fixed or floating time each year to use the property. A timeshare may be an ownership interest in real property or be right-to-use, which includes a certain number of years of use before it expires.

Can you skip a vacation with a timeshare company?

Combinable time: Some timeshare companies allow customers to skip timeshare weeks, and then make up their vacation time during another year or at a later date. While these are less common, they do allow for travelers to skip a short vacation one year to then go on a much longer one the next year.

How long do timeshare sales pitches usually last?

Most timeshare presentations last 90 minutes to two hours, but some are longer. It’s common to be offered incentives for listening to the sales pitch, whether it’s a discounted hotel stay, meal credit or tickets for events or activities. Are timeshares a bad investment?