Original Message:
Reputable companies to assist in selling timeshare (by Lance C.):
pauld370 wrote:In your June 2011 question regarding companies contacting you for help in selling your timeshare, you mention there are several places that are reputable and trustworthy. Would you be able to give us a few names of those reputable organizations so that we might be able to avoid the pitfalls of the unscrupulous? thanks in advance for any help.
The first pitfall to avoid is never, ever pay anyone a large, upfront fee to sell, rent out, or market your timeshare.
You can find a reputable licensed real estate broker at ltrba.com. They won't charge you a dime until your property is sold. Keep in mind, however, that they will charge a minimum $1000 commission and, chances are, your timeshare may not be worth anywhere near that much.
Another way to go is to do-it-yourself. Advertise (for a low cost of course) here on RedWeek or My Resort Network. Price it competitively. Keep watching your e-mail and be ready to respond to any genuine inquiry. So make sure you know everything about your unit and the resort. If you're unsure about any important details, you'll have a hard time convincing somebody that he should buy it.
Once you do get an agreement in place to sell it and you have settled on the terms (price, who pays closing costs, etc.), hire a good closing company like JRA Services, Timeshare Transfer, etc. That should cost about $300.
Remember to be patient because many timeshares can take months or years to sell.