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Re: Selling Time Shares (by Ken R.):

You have to do things differently if you want different results from the herd mentality. If all you do is what everyone else is doing, you'll get the same results.

Here are three ideas I've presented in other threads, so I won't go into the detail here.

1.) Take a vacation at your resort with the intent of using some of the time to sit in a car across the street on the public highway with a sign telling potential resort visitors that you will sell your timeshare for less than the best deal they can make inside. As people stop to see, tell them to make their best deal if they decide to buy, come back out and show you their purchase contract, have financing and closing already available for them if necessary, and sell yours to them within the 3 to 7 days "cooling off" period so they can close on yours, and rescind their other contract to get their money back. The resort can do nothing to you for your actions on public property. Just check with the police before you do this to get permission on how to do it legally.

2.) Put it up for "Rent to Buy" so that the people that come to you are not the cheapy renters, but those actually interested in testing the resort for the purpose of buying it. Have the renter sign an Option to Purchase along with the rental contract so that they and you are happy with the potential sale if they decide to buy. You can offer to give they their rent back as down payment, double it if they actually take a tour of the property, etc.

3.) Exchange the timeshare NOT through the normal RCI or II, but through "home exchange" organizations. These are often free and very flexible. You're trading your timeshare in a resort location for staying in someone's home in an area you want to visit. Use the same method as above #2 to give them an option to buy from you if they decide they like it. You will find many such people like home exchanges and will find ownership of a timeshare at a decent price an advantage since they can have greater flexibility in planning their travel time.

Timeshares can have value. You just have to think creatively and outside the box to increase that value.

Dr. Ken Rich