Timeshare Industry News:
I found this interesting important blog from a trusted timeshare industry source. The Timeshare Authority which is a blog produced by Jason Tremblay, CEO of Sell My Timeshare NOW.
If you are considering going on a vacation to Orlando and picking up theme park tickets at a discount, please read this blog!!
http://bit.ly/cPNzhk
Wednesday, April 28, 2010
ARDA announces Joint Consumer Education Program
Washington, DC – April 27, 2010 – The American Resort Development Association (ARDA) and the National Timeshare Owners Association (NTOA), have announced a year-long campaign to help educate consumers about timeshare vacations. The first initiative answers ten of the most frequently asked questions
Read the full story here..
http://bit.ly/a0dPbe
Read the full story here..
http://bit.ly/a0dPbe
Friday, April 23, 2010
ARDAs proposed timeshare model act
It has been a little over a month since the ARDA convention where the Proposed Model Resales Act was such a hot topic! Many in the timeshare industry, from Developers to consumers, recognize this matter as one of high priority. The Model Resales Act will be used to guide Resale Companies in ARDA with policies that will better protect and serve both buyers and sellers of timeshare on the secondary market. The ultimate goal is to help set precedence for legislation on the state government levels that will benefit the industry as well as provide protection to consumers.
Recently, Management & Operations Magazine, sister publication of the Resort Trades interviewed Ken McKelvey. Mr. McKelvey, CEO of Defender resorts had also told us that much of the terminology in the Act was confusing even to someone coming from the resale industry. He felt however that this was a good foundation to start from and that future comment and suggestions would help mold the Act to its desired outcome.
I became curious as to any updates or developments on this topic, so I contacted Howard Nusbaum, President of ARDA and asked him what has transpired since the convention last month. According to Mr. Nusbaum, ARDA is still reviewing both verbal and written feedback about the Proposed Model Resale Act.
Concerning these questions about the Act, Mr. Nusbaum stated that “Several comments reveal some serious misunderstandings which lead us to believe the Task Force needs to be clearer in the drafting and that ARDA needs to do a better job of explaining the act and not assume that everyone is familiar with the nuances of previous legislation and/or legal opinions.”
Mr. Nusbaum went to further explain that despite the questions and misunderstandings, many comments ARDA has received have been extremely helpful in providing knowledge of what issues need to be further addressed and have also pointed to many good recommendations.
This process is still in its early stages and a large number of people in the industry are still new to many of these ideas that have been sited. The timeshare industry is encouraged to continue asking questions and providing feedback while ARDA and the Resale Task Force continue to move through the stages of completing and implementing the Act.
Mr. Nusbaum stated in conclusion that “The members of the Model Resale Act Task Force are reviewing and incorporating these comments. When that is complete it will be sent to the ARDA Board of Directors for their review”.
A recommended reading of the article “Resales 360” will be in the June edition of ARDA’s popular magazine Developments, for those following this topic and wishing to learn further information.
Thank you to Mr. Nusbaum for taking time to share this update information!
Recently, Management & Operations Magazine, sister publication of the Resort Trades interviewed Ken McKelvey. Mr. McKelvey, CEO of Defender resorts had also told us that much of the terminology in the Act was confusing even to someone coming from the resale industry. He felt however that this was a good foundation to start from and that future comment and suggestions would help mold the Act to its desired outcome.
I became curious as to any updates or developments on this topic, so I contacted Howard Nusbaum, President of ARDA and asked him what has transpired since the convention last month. According to Mr. Nusbaum, ARDA is still reviewing both verbal and written feedback about the Proposed Model Resale Act.
Concerning these questions about the Act, Mr. Nusbaum stated that “Several comments reveal some serious misunderstandings which lead us to believe the Task Force needs to be clearer in the drafting and that ARDA needs to do a better job of explaining the act and not assume that everyone is familiar with the nuances of previous legislation and/or legal opinions.”
Mr. Nusbaum went to further explain that despite the questions and misunderstandings, many comments ARDA has received have been extremely helpful in providing knowledge of what issues need to be further addressed and have also pointed to many good recommendations.
This process is still in its early stages and a large number of people in the industry are still new to many of these ideas that have been sited. The timeshare industry is encouraged to continue asking questions and providing feedback while ARDA and the Resale Task Force continue to move through the stages of completing and implementing the Act.
Mr. Nusbaum stated in conclusion that “The members of the Model Resale Act Task Force are reviewing and incorporating these comments. When that is complete it will be sent to the ARDA Board of Directors for their review”.
A recommended reading of the article “Resales 360” will be in the June edition of ARDA’s popular magazine Developments, for those following this topic and wishing to learn further information.
Thank you to Mr. Nusbaum for taking time to share this update information!
Upcoming trip to New Orleans
Hi there followers!
I just wanted to post a note that I will be gone for a few days to New Orleans. I will try to post while gone but if I dont, dont give up on me! I will be back Tuesday night so will be back online Wednesday if not before then. I will try to bring back pictures to share here with you! IN the meantime, keep the questions coming and I will try to have more information for you when I return!
I just wanted to post a note that I will be gone for a few days to New Orleans. I will try to post while gone but if I dont, dont give up on me! I will be back Tuesday night so will be back online Wednesday if not before then. I will try to bring back pictures to share here with you! IN the meantime, keep the questions coming and I will try to have more information for you when I return!
Thursday, April 22, 2010
Abc News Nightline Covers Timeshare News – Selling a Timeshare – Buyer Beware
Here is an interview on ABC that was conducted with the leader of the Timeshare Users Group. Though I do not like the way that group is so negative and how they jump to conclusions on any and every timeshare entity and person and company out there, still, this was a good interview. I again in no way am suggesting you go to TUG and have your head filled with overly negative information, here he does give solid truth.
Abc News Nightline Covers Timeshare News – Selling a Timeshare – Buyer Beware
Abc News Nightline Covers Timeshare News – Selling a Timeshare – Buyer Beware
Should you buy a Timeshare? Should you keep the one you have?
Many people have heard great things about timeshares from their neighbors or family about timeshares, and are considering purchasing one for themselves. The rest of you already purchased a timeshare and just feel the financial burden too heavy so you want to sell it or get rid of it.
It is irrelevant if you purchased your timeshare for $1 on Ebay or $30,000 direct from a retailer. Once you own a timeshare, there is a reason to own it. There is a reason your neighbors bragged about theirs, and there is a reason you were inclined to purchase it to start with. Timeshares provide you and your family with a way to vacation without staying in hotel rooms. Timeshares provide a kitchen, living room, dining room, and seperate bedrooms usually. Timeshares force you to think of and plan for your vacation each year.. and a vacation is a time period spent away from work and friends, to be with family and create memories. Timeshares allow you to stay in luxurious resorts with swimming pools and activities versus staying in an economical hotel room that forces you to eat out at restraunts and becomes constricting and frustrating.
Many people complain about the maintenance fees for example. They want to sell their timeshare because they are tired of paying that $600 per year maintenance fee. Well.. lets see. If you book a hotel room for 7 days in a hotel on the beach, you are going to pay just about $600. You will eat your meals out. You will be cramped in the room with the whole family, and noone has any privacy at bedtime.
I guess my point is that there are so many people on the internet complaining about being "suckered" into buying a timeshare or feeling like they paid too much, or even just simply not wanting to tell their friends they bought one, and the trend goes towards trying to sell it for next to nothing. I just wonder if you really stopped to think about what a timeshare is and the reasons for keeping it while you are in the middle of trying to find a way to sell it.
If you truly are not able to use it anymore then yes, go on and try to sell it. But if it is just that you dont WANT to go on a vacation every year with your family, then you NEED the timeshare!
It is irrelevant if you purchased your timeshare for $1 on Ebay or $30,000 direct from a retailer. Once you own a timeshare, there is a reason to own it. There is a reason your neighbors bragged about theirs, and there is a reason you were inclined to purchase it to start with. Timeshares provide you and your family with a way to vacation without staying in hotel rooms. Timeshares provide a kitchen, living room, dining room, and seperate bedrooms usually. Timeshares force you to think of and plan for your vacation each year.. and a vacation is a time period spent away from work and friends, to be with family and create memories. Timeshares allow you to stay in luxurious resorts with swimming pools and activities versus staying in an economical hotel room that forces you to eat out at restraunts and becomes constricting and frustrating.
Many people complain about the maintenance fees for example. They want to sell their timeshare because they are tired of paying that $600 per year maintenance fee. Well.. lets see. If you book a hotel room for 7 days in a hotel on the beach, you are going to pay just about $600. You will eat your meals out. You will be cramped in the room with the whole family, and noone has any privacy at bedtime.
I guess my point is that there are so many people on the internet complaining about being "suckered" into buying a timeshare or feeling like they paid too much, or even just simply not wanting to tell their friends they bought one, and the trend goes towards trying to sell it for next to nothing. I just wonder if you really stopped to think about what a timeshare is and the reasons for keeping it while you are in the middle of trying to find a way to sell it.
If you truly are not able to use it anymore then yes, go on and try to sell it. But if it is just that you dont WANT to go on a vacation every year with your family, then you NEED the timeshare!
Wednesday, April 21, 2010
Timeshare Trade Ins, or Timeshare Donations
Have you tried renting or selling your timeshare and have had no luck?
There is one other option you could consider. The option typically comes with no financial reward for you but it is on option that will remove your timeshare from your name and get you out from under those maintenance fees if you are not using the vacation weeks.
There are several companies that will accept your timeshare as a donation. You will transfer the title to them and then they will try to sell the timeshare and give the revenue towards a charitable foundation. Typically, this can include some sort of tax write off for you but in order for that to occur, you must make sure you are "donating your timeshare" and not "trading in your timeshare" because there is truly a difference.
Typically trading in your timeshare will happen while you are on a presentation to purchase another timeshare or a vacation club. The timeshare you are trading in will be used to reduce the purchase price of the new product. This trade in procedure is very similiar to the same idea of trading in your car to purchase a new one. If you wind up doing this process, you need to stay in touch with the transfer title company to ensure that the transfer is completed. Often people have reported that they thought they traded in a timeshare, but the following years maintenance fees arrived only to have the resort inform the owner that no such transfer occured. This catches many people paying an added and unexpected maintenance fee! In the long run, it is your responsibility to make sure that the transfer company contacts you and that there is paperwork and deeds being signed. The process should take approximately 6 to 12 weeks depending on the resort and its location. This process has no tax write offs.
A timeshare donation will be to an organization that will provide you with the paperwork needed to file for a tax write off. It will usually be a company or group that you yourself search for and contact. Before moving forward though, you need to verify and ask questions about the charity. The last thing you want to do is realize after it is too late that you literally gave away your timeshare with nothing in return at all, not even a tax write off!
There is one other option you could consider. The option typically comes with no financial reward for you but it is on option that will remove your timeshare from your name and get you out from under those maintenance fees if you are not using the vacation weeks.
There are several companies that will accept your timeshare as a donation. You will transfer the title to them and then they will try to sell the timeshare and give the revenue towards a charitable foundation. Typically, this can include some sort of tax write off for you but in order for that to occur, you must make sure you are "donating your timeshare" and not "trading in your timeshare" because there is truly a difference.
Typically trading in your timeshare will happen while you are on a presentation to purchase another timeshare or a vacation club. The timeshare you are trading in will be used to reduce the purchase price of the new product. This trade in procedure is very similiar to the same idea of trading in your car to purchase a new one. If you wind up doing this process, you need to stay in touch with the transfer title company to ensure that the transfer is completed. Often people have reported that they thought they traded in a timeshare, but the following years maintenance fees arrived only to have the resort inform the owner that no such transfer occured. This catches many people paying an added and unexpected maintenance fee! In the long run, it is your responsibility to make sure that the transfer company contacts you and that there is paperwork and deeds being signed. The process should take approximately 6 to 12 weeks depending on the resort and its location. This process has no tax write offs.
A timeshare donation will be to an organization that will provide you with the paperwork needed to file for a tax write off. It will usually be a company or group that you yourself search for and contact. Before moving forward though, you need to verify and ask questions about the charity. The last thing you want to do is realize after it is too late that you literally gave away your timeshare with nothing in return at all, not even a tax write off!
ARDA, Vacation Better, Timeshare Consumer information
One of the best, unbiased sources for you to get real information about buying or selling a timeshare is at VacationBetter.Org. This information is put together for you by the American Resort Development Association and is designed to protect you, the consumer, and give you the truth. There are so many forums, sites and blogs out there which try to lead you towards their way of thinking. Many will say "Dont use this company or that company" and it is simply because, its that companies competition running for your attention. Also, getting your information from consumers who were not educated enough of their own purchase and are now just angry or even overly happy, is not a better idea. Listen to some of those thoughts and ideas on the internet but, in the end, go somewhere that will be honest, unbiased, and helpful.
Tuesday, April 20, 2010
Once you sell your timeshare, you have to find a Transfer Company!
One of the pieces of selling your timeshare or vacation certificate that many people do not think about , is that once you have a buyer you have to find someone to handle the transfer of the property. The transfer costs are typically paid by the buyer so you want to research this step ahead of time and make sure that you disclose to the buyer how much it will cost them once they have purchased from you.
If your title is not transferred properly, you might find out next year that the timeshare resort still views you as the owner and is sending the maintenance fees and assessments to you instead of your buyer. Local attorneys, even real estate attorneys, typically are not the best answer for this transaction. You normally are located in one state, your timeshare in another state, the buyer in another state and so on. The entity that performs your timeshare title transfer must be knowledgeable and practiced in coordinating the real estate laws of all states or locations. This is a very specialized industry.
Though i will not say to you that there are "transfer scams" out there, as I have not run across any and they are regulated so heavily that they wouldnt last long if they appeared, I do maintain that there are several timeshare transfer companies who are faster, more effiicient, more complete and better educated then others. I have a few faveorites that you should consider. Some are more expensive, which does not always mean they are the best. Some are bigger and more well known, but that does not mean that they will give you personal service beyond the smaller ones. Alot of your considerations should be the timeshare resort you own at, and the transfer company specializing in that area or resort system. You should call several of these companies and ask your questions to determine which would be best suited to transfer your timeshare title.
If your title is not transferred properly, you might find out next year that the timeshare resort still views you as the owner and is sending the maintenance fees and assessments to you instead of your buyer. Local attorneys, even real estate attorneys, typically are not the best answer for this transaction. You normally are located in one state, your timeshare in another state, the buyer in another state and so on. The entity that performs your timeshare title transfer must be knowledgeable and practiced in coordinating the real estate laws of all states or locations. This is a very specialized industry.
Though i will not say to you that there are "transfer scams" out there, as I have not run across any and they are regulated so heavily that they wouldnt last long if they appeared, I do maintain that there are several timeshare transfer companies who are faster, more effiicient, more complete and better educated then others. I have a few faveorites that you should consider. Some are more expensive, which does not always mean they are the best. Some are bigger and more well known, but that does not mean that they will give you personal service beyond the smaller ones. Alot of your considerations should be the timeshare resort you own at, and the transfer company specializing in that area or resort system. You should call several of these companies and ask your questions to determine which would be best suited to transfer your timeshare title.
Should I rent my timeshare?
To be honest, you should not own a timeshare in order to rent it out. Remember, you will still have your maintenance fees to pay and whatever commission is owed to a rental agent. Often a rental agent will need for you to exchange your week into something more desirable for it to be able to rent and so this drops your revenue margin even further due to your exchange fees. This is all assuming that it does indeed rent!
Before renting your timeshare out, you should consider space banking it into your exchange company to save for future usage. The next best option would be to offer your timeshare week to family members and friends. Often these are actually your best potential renters but you might have to make them an offer of renting simply in exchange for your maintenance fees and exchange fees.
If you find yourself completely in need of renting your timeshare week out, understand first that this should be treated in the same manner as a timeshare resale. You have to be careful about where you advertise your timeshare rental. The companies that are out there are often waiting on unsuspecting timeshare owners to catch their upfront fees, without any real attempt at getting results. Again, as I offered on the idea of a timeshare resale, I recommend two particular companies to handle your timeshare rental for you. You can post on www.redweek.com and do a "for rent by owner" ad which collects no commission, or you can contact www.sellmytimesharenow.com and have them place it for rental either on a small fee based advertisement, or on a success fee based rental listing. Either way, the same rules apply as with the resales.. you need to market your timeshare through a company that gets the highest exposure as well as has the best intentions of completing your successful transaction in finding a renter!
Before renting your timeshare out, you should consider space banking it into your exchange company to save for future usage. The next best option would be to offer your timeshare week to family members and friends. Often these are actually your best potential renters but you might have to make them an offer of renting simply in exchange for your maintenance fees and exchange fees.
If you find yourself completely in need of renting your timeshare week out, understand first that this should be treated in the same manner as a timeshare resale. You have to be careful about where you advertise your timeshare rental. The companies that are out there are often waiting on unsuspecting timeshare owners to catch their upfront fees, without any real attempt at getting results. Again, as I offered on the idea of a timeshare resale, I recommend two particular companies to handle your timeshare rental for you. You can post on www.redweek.com and do a "for rent by owner" ad which collects no commission, or you can contact www.sellmytimesharenow.com and have them place it for rental either on a small fee based advertisement, or on a success fee based rental listing. Either way, the same rules apply as with the resales.. you need to market your timeshare through a company that gets the highest exposure as well as has the best intentions of completing your successful transaction in finding a renter!
So You Want to Sell Your Timeshare?
You probably have been turned away from your timeshare resort. Your friends tell you to call the real estate broker who sold you your house, but the broker tells you they know noone in the area of your timeshare location. You most likely have spoken to resale companies, and then did your online research only to be scared to death by warnings and horrible stories. You can not figure out how to sell it yourself. So what do you do?
First of all, you have to realize that many of the horror stories are legitimate and many come from clients who did not use their better judgement and then out of anger, lashed out at everyone else for the blame.
There are two options. One is to pay a marketing advertising fee upfront and then work the buyer leads yourself. The other is to hire a traditional timeshare broker who specializes in the timeshare resale industry and will charge a commission at the end, and handle the buyers. Between these two, there is no real right or wrong choice. Paying the marketing fee, you will pay it up front but usually pay less then the commission to a broker. However, the broker will handle the buyers and negotiate the deals for you. This is a choice you will need to make on your own. The real question is "WHICH COMPANY OR BROKER TO GO WITH ONCE YOU HAVE DECIDED THE METHOD".
Just like every other business, there are a few unhappy customers no matter how good someone is. Noone can please everyone all the time and some timeshare customers are just outrageous with their expectations. If you are reasonable and logical, either choice you make can have a positive outcome.
Price your timeshare right. When someone tells you on the phone that they can make you money off of your purchase price, they are lying to you. You will not make money. You will lose money off of your original sales price. If this were not the case, the potential new buyers would go buy directly from the timeshare developer at the resort instead of looking for a timeshare resale. This is like a car purchase. It is more expensive from the dealer and you get a lower price point buying directly from an owner who has driven the car awhile and gotten their money out of it by usage.
Noone can give you an exact time frame. No one can promise you that your timeshare will sell in the next 90 days, or week or year. The odds and probability might be there, but the promise simply can not be made to you. Be ready to wait awhile, and perhaps you will get lucky if you are advertised in the right location and at the right place.
Exposure of your timeshare advertisement is a requirement. You simply have to go with someone who is ahead of the game in the industry. You must choose a timeshare company or a resale broker who has more leads, more access to nationwide clients and the ability to expose your property to as many interested timeshare buyers as possible. Consider this a numbers game. If it takes 10 no's to get one maybe, and 10 maybe's to get one yes, then you need to find someone who can provide you with those 10 no's and 10 maybes as quickly as possible.
Read between the lines. Use your logic. When you see a warning from an angry timeshare owner about how they were "scammed", read the part where he describes a timeshare agent telling him that they have "timeshare buyers waiting" and that "we can sell your timeshare for more then you paid for it" or that "all we need to sell your timeshare is this first $2000.00 to get the paperwork started". Really? This person complaining is mainly upset and angry that they were not smart enough to catch a scam being thrown right in their face! Listen for someone to tell you the truth. Listen for the timeshare agent who says to you "I can not promise you anything" or "Though I feel good about your timeshare property, we will have to stay in touch until we find a qualified buyer for your timeshare". Listen for them to say things that you dont really want to hear. Noone wants to hear the ugly truths in life, but someone willing to tell them to you is less likely to be trying to take advantage of you. Do not punish them for telling you that your timeshare will sell for about 60% of what you paid for it. This is not their fault. If you simply choose to become angry with them for telling you the truth and you instead go with the guy who has promised you results at higher prices if you just pay him first, then you deserve to feel scammed by yourself.
Try these companies for a few options to research. I feel good about suggesting them to you and feel confident that if you behave logically and listen to what they have to say, you will be satisfied and not feel scammed.
http://www.redweek.com/ - This is a For Sale By Owner site with high traffic and visibility. You will pay to enroll and advertise, but there will be no commission once it sells. This site is managed by "internet gurus" who know how to get the buyers to find them... and again.. exposure is critical!
http://www.sellmytimesharenow.com/ - Another For Sale By Owner site with incredibly high traffic for exposure. These guys are a little more personal with you and will guide you through the process along with suggesting closing companies to help with your transaction once a buyer is found. If you speak with them and they feel that you should be with a broker instead based on the property you own and the sales pricing, they will refer you to a broker that will charge you commission at the time of sale.
http://www.timesharebrokerservices.com/ - run by the same guys as sellmytimesharenow.com but is a traditional brokerage who does not charge any fee upfront. However, beware! That might sound good right here, but if your property is not a high end luxury timeshare resort such as a Marriott or Hilton, the odds are that the commission will not be enough for them to pay much attention to you. It is actually likely to be more beneficial for you to sell it on your own in this event. This is what many people do not want to tell you! But I am here to tell you the truth.
First of all, you have to realize that many of the horror stories are legitimate and many come from clients who did not use their better judgement and then out of anger, lashed out at everyone else for the blame.
There are two options. One is to pay a marketing advertising fee upfront and then work the buyer leads yourself. The other is to hire a traditional timeshare broker who specializes in the timeshare resale industry and will charge a commission at the end, and handle the buyers. Between these two, there is no real right or wrong choice. Paying the marketing fee, you will pay it up front but usually pay less then the commission to a broker. However, the broker will handle the buyers and negotiate the deals for you. This is a choice you will need to make on your own. The real question is "WHICH COMPANY OR BROKER TO GO WITH ONCE YOU HAVE DECIDED THE METHOD".
Just like every other business, there are a few unhappy customers no matter how good someone is. Noone can please everyone all the time and some timeshare customers are just outrageous with their expectations. If you are reasonable and logical, either choice you make can have a positive outcome.
Price your timeshare right. When someone tells you on the phone that they can make you money off of your purchase price, they are lying to you. You will not make money. You will lose money off of your original sales price. If this were not the case, the potential new buyers would go buy directly from the timeshare developer at the resort instead of looking for a timeshare resale. This is like a car purchase. It is more expensive from the dealer and you get a lower price point buying directly from an owner who has driven the car awhile and gotten their money out of it by usage.
Noone can give you an exact time frame. No one can promise you that your timeshare will sell in the next 90 days, or week or year. The odds and probability might be there, but the promise simply can not be made to you. Be ready to wait awhile, and perhaps you will get lucky if you are advertised in the right location and at the right place.
Exposure of your timeshare advertisement is a requirement. You simply have to go with someone who is ahead of the game in the industry. You must choose a timeshare company or a resale broker who has more leads, more access to nationwide clients and the ability to expose your property to as many interested timeshare buyers as possible. Consider this a numbers game. If it takes 10 no's to get one maybe, and 10 maybe's to get one yes, then you need to find someone who can provide you with those 10 no's and 10 maybes as quickly as possible.
Read between the lines. Use your logic. When you see a warning from an angry timeshare owner about how they were "scammed", read the part where he describes a timeshare agent telling him that they have "timeshare buyers waiting" and that "we can sell your timeshare for more then you paid for it" or that "all we need to sell your timeshare is this first $2000.00 to get the paperwork started". Really? This person complaining is mainly upset and angry that they were not smart enough to catch a scam being thrown right in their face! Listen for someone to tell you the truth. Listen for the timeshare agent who says to you "I can not promise you anything" or "Though I feel good about your timeshare property, we will have to stay in touch until we find a qualified buyer for your timeshare". Listen for them to say things that you dont really want to hear. Noone wants to hear the ugly truths in life, but someone willing to tell them to you is less likely to be trying to take advantage of you. Do not punish them for telling you that your timeshare will sell for about 60% of what you paid for it. This is not their fault. If you simply choose to become angry with them for telling you the truth and you instead go with the guy who has promised you results at higher prices if you just pay him first, then you deserve to feel scammed by yourself.
Try these companies for a few options to research. I feel good about suggesting them to you and feel confident that if you behave logically and listen to what they have to say, you will be satisfied and not feel scammed.
http://www.redweek.com/ - This is a For Sale By Owner site with high traffic and visibility. You will pay to enroll and advertise, but there will be no commission once it sells. This site is managed by "internet gurus" who know how to get the buyers to find them... and again.. exposure is critical!
http://www.sellmytimesharenow.com/ - Another For Sale By Owner site with incredibly high traffic for exposure. These guys are a little more personal with you and will guide you through the process along with suggesting closing companies to help with your transaction once a buyer is found. If you speak with them and they feel that you should be with a broker instead based on the property you own and the sales pricing, they will refer you to a broker that will charge you commission at the time of sale.
http://www.timesharebrokerservices.com/ - run by the same guys as sellmytimesharenow.com but is a traditional brokerage who does not charge any fee upfront. However, beware! That might sound good right here, but if your property is not a high end luxury timeshare resort such as a Marriott or Hilton, the odds are that the commission will not be enough for them to pay much attention to you. It is actually likely to be more beneficial for you to sell it on your own in this event. This is what many people do not want to tell you! But I am here to tell you the truth.
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