Time Share Sale
Whether you are trying to sell a Wyndham, Marriott, Hilton, or any other brand of timeshare resale, our site has the tools to help you. Because we market to thousands of potential buyers every month, advertising with us will maximize your exposure.
time share sale
Get started today by choosing a marketing package specific to your needs, creating your own advertisement, and posting your property on the timeshare resale market for our large audience of potential buyers to see.
Timeshare experts recommend that it's better to buy directly from the owner instead of using a middleman such as a development company. Buying direct can save you plenty of cash to spend on paying for an additional cost that comes with timeshare ownership. These additional costs are in the shape of maintenance charges; therefore, make sure that you incorporate annual maintenance charges in the total cost of owning an inexpensive timeshare.
In fact, your traveling cost to reach the timeshare location is also critical to the overall budget. Don't buy a timeshare in Hawaii if you are not willing to pay for vacation tickets from New York. Similarly, decide on the quality of accommodation because you cannot ask the managers to improve quality. Just like hotels, timeshare units are also evaluated by star ratings and other awards that may prove beneficial in selecting the dream property.
Selecting a brand will mainly depend on your lifestyle and needs. Timeshare brands such as InnSeason, Massanutten and Disney focus on offering high-quality, personalized service in a specific state or region. If you want to stay close to your hometown, these types of brands will suit you. In contrast, if you want to travel extensively around the world, then RCI and Club Intrawest are well-known choices, as they have a lot of options around the world. Similarly, if you're infatuated with a brand name hotel, Sheraton, Marriott, Holliday Inn, Hilton, Hyatt and Wyndham timeshares for sale are just a few upscale hotel chains offering ownership.
Buying a time-share has long been viewed as a risky proposition, fraught with high-pressure sales tactics and ripe for potential rip-offs. It also pays to be wary when someone offers to help you sell your part-time vacation property.
The scammer sends over signed purchase documents that look legitimate, then asks you to provide a credit card number or make a wire transfer to cover any number of sale expenses: taxes, maintenance fees, closing costs, escrow and title services, or an upfront fee for the resale company. You may be promised a refund of some or all costs when the deal closes.
These schemes can be lucrative. According to the Department of Justice, a Mexico-based telemarketing ring busted by the FBI in October 2019 collected more than $10 million in fees by targeting people across the U.S., Canada and South America with phony promises to facilitate time-share sales. Two participants in the scam have pleaded guilty to date and are serving 18-month prison terms.
Each timeshare ownership is unique. The value of your timeshare may be much different than those you see posted on the resale marketplace. Take our free, zero-obligation survey to determine your timeshare's value.
As more and more owners seek to sell timeshare real estate that no longer fit their lifestyle, the number of identical or similar properties on the market grows. This means potentially unparalleled savings for you, the timeshare buyer. By purchasing a timeshare for sale by owner, you can access the same great resorts and services, while saving up to 70% off the original developer pricing.
There are timeshares for sale in over 100 countries around the world including the United States, Canada, Mexico, Aruba, Spain, Italy, Australia, Thailand, and more. Here are a handful of the most sought-after destinations for new timeshare owners.
The Department of Real Estate (DRE) not only administers and enforces the laws governing the sale of subdivided lots and common interest developments, including condominiums and planned developments, it also administers and enforces laws governing the sale of time-share interests. Time-share interests in any time-share project, also known as a time-share plan, to be sold in California, whether the time-share plan is located in California or in any other state in the United States, are subject to regulation under The Vacation Ownership and Time-share Act of 2004 (California Business & Professions Code Sections 11210 through 11288).
Before a developer may market or sell time-share interests in a time-share plan in California, the developer must obtain a public report issued by the DRE which discloses many important aspects of the time-share offering. That public report must be presented to prospective purchasers before purchase so they have an opportunity to read it before making a purchase decision. The developer, or its licensed sales agent, must also give the purchaser a receipt to be signed indicating that the purchaser received and read the public report. As required by law, attached to the face page of the public report is a notice explaining to the purchaser how he or she may cancel the purchase and have all purchase monies returned if cancellation is properly requested within seven calendar days of the purchase.
Like other forms of travel, the timeshare industry was hurt by the coronavirus pandemic. Net originated timeshare sales have since begun to rebound, increasing 67% from the fourth quarter of 2020 to the fourth quarter of 2021, according to a report from the American Resort Development Association. Sales have yet to return to 2019 levels, says Jason Gamel, president and chief executive officer of the American Resort Development Association.
Whether your ability to take vacations changed amid the coronavirus pandemic or you simply no longer want to pay maintenance fees on your timeshare, there are legal and safe options for getting out of a timeshare.
Developers may allow owners to relinquish the deed through a deed-back program or surrender program. In this case, of course, owners do not receive any proceeds from their exit from the timeshare. But these types of surrender programs have become more widely available in recent years and may be the safest and easiest way out of a timeshare.
If your timeshare is completely paid off, one simple course of action may be to give your timeshare to a friend, family member or other individual. Keep in mind, however, that whomever receives your timeshare will be responsible for the annual maintenance fees on the property and will have the burden themselves of getting out of the timeshare down the road.
Stopping payments on your timeshare will have significant consequences, but it is used as a last resort for those desperate to get out of their timeshare contracts. Defaulting on a timeshare contract and associated fees or mortgage payments could have a negative affect on your credit score and lead to foreclosure.
Depending on the language in your contract, there are usually three routes to go to get rid of your timeshare. The first is to try to sell your timeshare to somebody else, although this is almost guaranteed to be a financial loss if you bought your timeshare new. The second is to try and negotiate with the timeshare company to break the contract. but this may come with costs and fees. Finally, if your contract has a "cooling-off" or rescission period and you are still in it, you can often return your contract without penalty. You may need to hire a lawyer specialized in timeshares to go over your contract terms. If all else fails, you can try to gift your timeshare to a friend or family member who is willing to pick up the ongoing maintenance costs."}},"@type": "Question","name": "How Do You Sell a Timeshare?","acceptedAnswer": "@type": "Answer","text": "If you own a timeshare and want to sell it, there are now several websites that you can use to list yours. You can also seek out a timeshare broker to help find a new buyer. As mentioned, the resale price of a timeshare is almost always a great deal lower than the initial purchase price.","@type": "Question","name": "How Do I Find Out What My Timeshare Is Worth?","acceptedAnswer": "@type": "Answer","text": "Timeshares will have values that depend on several factors such as size and amenities, location, and how easy it is to swap or exchange your location for others. Your timeshare's value is then determined by comparing the offered prices of similar timeshares being advertised for sale and rent on various online platforms.","@type": "Question","name": "How Can I Buy a Timeshare Cheaply?","acceptedAnswer": "@type": "Answer","text": "Buying a "second-hand" timeshare will typically be the most cost-effective route. Be sure to pay attention to ongoing fees and costs such as maintenance and change fees in addition to the purchase price.","@type": "Question","name": "How Do I Get Rid of My Timeshare Without Ruining My Credit?","acceptedAnswer": "@type": "Answer","text": "If you simply stop paying your timeshare fees and charges, they can report this delinquency to credit agencies and you can see a ding to your credit score. If you can no longer afford the timeshare, you should sell it or renegotiate your contract with the timeshare company in order to preserve your credit."]}]}] Investing Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All Simulator Login / Portfolio Trade Research My Games Leaderboard Economy Government Policy Monetary Policy Fiscal Policy View All Personal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All News Markets Companies Earnings Economy Crypto Personal Finance Government View All Reviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All Academy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All TradeSearchSearchPlease fill out this field.SearchSearchPlease fill out this field.InvestingInvesting Stocks Bonds Fixed Income Mutual Funds ETFs Options 401(k) Roth IRA Fundamental Analysis Technical Analysis Markets View All SimulatorSimulator Login / Portfolio Trade Research My Games Leaderboard EconomyEconomy Government Policy Monetary Policy Fiscal Policy View All Personal FinancePersonal Finance Financial Literacy Retirement Budgeting Saving Taxes Home Ownership View All NewsNews Markets Companies Earnings Economy Crypto Personal Finance Government View All ReviewsReviews Best Online Brokers Best Life Insurance Companies Best CD Rates Best Savings Accounts Best Personal Loans Best Credit Repair Companies Best Mortgage Rates Best Auto Loan Rates Best Credit Cards View All AcademyAcademy Investing for Beginners Trading for Beginners Become a Day Trader Technical Analysis All Investing Courses All Trading Courses View All Financial Terms Newsletter About Us Follow Us Facebook Instagram LinkedIn TikTok Twitter YouTube Table of ContentsExpandTable of ContentsWhat Is a Timeshare?How a Timeshare WorksTypes of Timeshare OwnershipTimeshares vs. AirbnbPros and ConsSpecial ConsiderationsRenting a TimeshareTimeshare FAQsAlternative InvestmentsReal Estate InvestingTimeshare: What It Is, How It Works, Types of OwnershipByElvis Picardo Full Bio LinkedIn Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience.Learn about our editorial policiesUpdated June 01, 2022Reviewed byDoretha Clemon Reviewed byDoretha ClemonFull Bio LinkedIn Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct professor at Connecticut State Colleges & Universities, Maryville University, and Indiana Wesleyan University. She is a Real Estate Investor and principal at Bruised Reed Housing Real Estate Trust, and a State of Connecticut Home Improvement License holder.Learn about our Financial Review BoardFact checked bySuzanne Kvilhaug Fact checked bySuzanne KvilhaugFull BioSuzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies for financial brands.Learn about our editorial policies What Is a Timeshare? A timeshare is a shared ownership model of vacation real estate in which multiple purchasers own allotments of usage, typically in one-week increments, in the same property. The timeshare model can be applied to many different types of properties, such as vacation resorts, condominiums, apartments, and campgrounds. 041b061a72