Original Message:
Re: Cut my price on timeshare...what else to sell it? (by Phil L.):
sarahc93 wrote:Okay, I have cut our asking price to less than half what we paid for it. I really want to sell this timeshare...what else can I do to encourage someone to buy it?TIA,
Sarah
Sarah many owners have your same problem. I feel right now the best idea is keep your timeshare and remember why you bought it! To enjoy family vacations there and around the world!
If you really need to get rid of it then hopefully you did not buy from a developer because unless its one of the top name companies you will probably only get 1/3 to 1/4 of your money back!
One thing you might try and I posted this on How to sell your unit is one you could look at.
We sold our first condo in PV Mexico mainly because back then (1986) there were not other options to getting away from dealing with RCI.
We told friends about this and they also sold this way back in 2006.
Rent with option to buy your unit and have all the numbers agreed on with the renters!
The family rented our unit and after going on the tour of Los Tules and seeing their price called us and bought our three bedroom unit. They called within four days of getting there and we had deal finished within two weeks! Down side they had to pay in cash but save thousands of dollars.
Best time and the resort and developers understand this to sell is after you have had couple days of enjoying your resort and then they get their hooks into the people!
Here is a sample of things you can have for a agreed contract to be completed at time of sale!
MR/MRS America are renting my unit at the timeshare HAPPYLAND AMERICA!
The rent is $1500.00 with option to purchase unit from me within two weeks of vacation for $5000.00 minus the rental fee of $1500 which comes to $3500.
Now you can list it that they pay closing cost and will owe next years maintance fee's of $===. You can negotiate these fee's with the family!
I found this works great for a family that wants to go to your resort and find they love it and how much money they can save.
You can tell the people to go to the tour and if they like the resort and see how much money buying your unit will save them.
I would rent for decent price and not a cheap price because you will end up with people renting your unit with no thought of buying it!
This is a no lose for you because you might sell but worse thing to happen would be your maintance fee is covered for that year,hope you do own the unit and don't still owe money onit because this makes it harder to sell!
Go to Craigs list and run free ads in different area's and have all e-mails go through CL. This way you can weed out the junk and only talk to the people of your choice.
This cost you nothing but couple minutes and you can list in as many area's as you like.
GOOD LUCK! PHILL12