On an average, you may expect to sell a time share for about 30% to 50% of the price that you originally paid for it. If you price it any higher, you definitely run the risk of having an unwanted timeshare on your hands for an extended period of time. There are some things you can do, however, to speed up the sale of your timeshare.
You should expect the market resale value of your timeshare to be approximately 30-55% of your original purchase price. Do not price it any higher than what is recommended, or you will run the risk of outpricing yourself. Fortunately, there are some things you can do that might help you to sell your timeshare.
Real estate agents can be a great help to you for selling your timeshare. If your budget is tight, you need to keep in mind that these professionals will charge you a commission or a fee for their services. It is not customary for real estate agents to charge any fees upfront. If someone wants you to pay an upfront fee, consider hiring a different agent.
Contacting a real estate agent is another good idea. If you are on a budget, however, you should know that these agents usually charge a commission for doing this work for you. Real estate agents do not charge upfront fees, however. If such fees are requested from you, look for another real estate agent.
Auction sites are also a good idea if you have a timeshare that you want to sell. In addition to these sites, you can also use the resort where your timeshare is located to post ads. Place ads on bulletin boards at other resorts, too, so that you can reach a wide variety of people.
As long as you are aware of the potential for running into con artists, you should be able to handle the sale of your timeshare with relative ease. Keep your expectations realistic so that you can hopefully sell your timeshare faster than you originally planned to. By following some basic guidelines, you can make selling your timeshare fairly painless.