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Re: Selling a Timeshare

[Q=barbarab961]I own....What's the best way sell these?[/Q] Always remember the cardinal rule for selling: Never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare. Next, check out reputable timeshare resale websites such as here on RedWeek, My Resort Network, E-Bay, Timeshare Users Group (aka "TUG"; tug2.net), or even Craigslist (but be prepared for a lot of spammers and scam attempts). Check out what similar units are selling for. E-Bay's completed sales section might give a good idea as to what units are actually selling for as opposed to what people are in most case, unrealistically listing for. Price your unit competitively and realistically. Once a potential buyer responds to your ad and the two of you agree on a selling price and who pays the closing costs, hire a reputable, competent closing agency who will do all the legal paperwork. However, considering where you own, it might be a Right-to-Use (RTU) instead of a deeded property. If it is RTU, then check with the resort for the legal procedure how to transfer ownership to a new owner. And be patient. Many of these take time to find a new suitable owner. Sadly, many owners get impatient if they don't get any bona fide offers in the first week and then they foolishly start seeking the "assistance" of many of these scam or shady outfits.