Ocean

How to sell your timeshare

Q: Is it necessary to pay an upfront fee when listing a timeshare on the resale market?

A: You should never pay an upfront fee for selling timeshare. You should not work with companies that own advertising companies. Generally their advertising company will tell you your timeshare is worth an inflated price and then sell the same timeshare through their licensed real estate agency for the true value. This is done only to collect an upfront fee from you.


Q: Is an appraisal necessary to sell a timeshare?


A: No. As in residential real estate, an appraisal is rarely used in assessing market value. Instead “market comparables” are typically used when assessing the fair market value of a property. Appraisals, in most cases, are just another way of collecting an upfront fee.

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Q: What is a timeshare? A: Timesharing or vacation ownership is a term that describes a method of use and ownership of a particular property. It normally allows you to use the property for a certain p