My parents own a timeshare that they want out of. Should they go through something like timesharesbyowner.com, or can a local realtor (local to the resort) help them, or can the resort sell it for them? What is the best way?
2006-07-11 07:30:32 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
To be honest, the best bet is to advertise in local newspaper. Contacting the place they bought it from will only get them into another week or an "upgrade" when they offer to "buyback" the property. It will also depend on if the timeshare is "right to use" or if it is "deeded". You can go through a realtor, but a lot of them don't want much to do with timeshare. Another option is for your parents to spacebank their week or rent it out through RCI or Interval International, or whichever exchange company that they use. There are a lot of factors involved as far as how quick it would sell, transfer fee's, location of the property, # of bedrooms, etc. Let me know if I can be of any help. I'd be happy to look into it for them.
2006-07-11 07:38:30 · answer #1 · answered by Caspers Princess 1 · 2⤊ 0⤋
I just read an article about this. Alot of ppl are selling their timeshare on Ebay. If you go thru a realtor you have to pay a listing fee whether it sells or not. Timeshares are really hard to sell. Good Luck!
2006-07-11 07:33:41 · answer #2 · answered by itsmeee2006 6 · 0⤊ 0⤋
in spite of in case you do bypass with the timeshare resale business enterprise, you're able to finally end up waiting an fairly long term. There are no longer any customers waiting interior the wings, incredibly in this downward economic gadget. shop that in the time of concepts. If any business enterprise tells you that they have an instantaneous shopper on your timeshare, stay away. yet another determination is a timeshare pass business enterprise which will pass the timeshare out of your call so as which you're no longer any further in charge for the money. good pass businesses will relieve you of any economic responsibilities on the day you sign the settlement, so the transaction is for all-in intensity applications instantaneous. The service is done for a fee in spite of the indisputable fact that. So, you would be determining to purchase and advertising a assured transaction with one the place via you ought to in all probability sell. bypass with in basic terms businesses that have been in business enterprise for a on a similar time as. additionally, many pass businesses do unlike showing who owns the business enterprise or runs the business enterprise. that's incorrect. they could desire to be clean. Names, photos and if conceivable, video could be seen of the brokers and human beings working the business enterprise. they could desire to a minimum of upward push up for what they provide.
2016-12-10 04:46:48 · answer #3 · answered by ? 3 · 0⤊ 0⤋
Good luck to your parents with selling it. We've had ours listed for about 2 years. Nobody wants to buy them. We've even priced it at less than half of what we paid for it 18 years ago. The other thing is, most agencies that sell time shares for you, want their money up front...like $500. I don't like that because once they have your money, they don't need to try and push the sale. That's what happened to us.
2006-07-11 07:36:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Put it up for sale and HOPE for the best!
I would try EBay first. Check around. Call & ask several realators in your area.
2006-07-11 07:35:49 · answer #5 · answered by jennifersuem 7 · 0⤊ 0⤋