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Re: Need to find a real estate agent for contract proving attempt to sell timeshare? (by R P.):

mccabin wrote:

Jay Jay....I have read your postings for years now and without knowing you have such trust in your experience. We may be interested in selling our timeshare weeks, and thanks to you and others on this forum are fully aware of the scammers and how to stay away from them. I just finished reading the "how to sell on redweek" info here on the redweek site. It looks like it could be an easy process with their escrow service and advice. SO...would it then be necessary to list with a real estate agent/broker if one could just sell it here on redweek? Appreciate any advice you can give! Thanks in advance.

jayjay wrote:

jamesb1201 wrote:

Would a Re/Max timeshare real estate agent be good? What is the consensus on Timeshare Brokers MLS?

http://www.judikoz.com/ ..... Judi has a stellar reputation in the timeshare resale industry.

Thanks for you kind comments. To answer your question, I would first try to sell your week here before enlisting an agent ..... but there are many things you need to remember in this economy (ie: timeshares are at their lowest value ever, if you bought from a developer you will not get on the resale market anywhere what you paid initially, many very nice timeshares in very nice resorts are being given away due to ever rising yearly maintenance fees and people not being able to travel in this economy, what someone lists their timeshare for and what someone is willing to pay are two completely different things (in other words don't go by other people's listing prices), depending on the supply and demand of your resort and time owned would determine what you may get in return on the resale market plus many other considerations.

Also, it depends on how desperate you are to rid yourself of your timeshare ... meaning if you're financially strapped it might be to your advantage to offer to give your timeshare away (Redweek's Bargain Basement), and for extra incentive offer to pay closing costs and 2013 maintenance fees.

There's really no Kelly's Bluebook on the value of a timeshare (as there is for cars). It's something you'll have to determine yourself. One thing is for certain, though, the very worst thing a timeshare owner can do is NOT use, exchange or rent their timeshare losing their paid maintenance fee.