Original Message:
Know what to look for when shopping for a timeshare ... (by Lance C.):
dwaynek14 wrote:Hello,I'm happy to hear that you have resold so many timeshares. I currently own one in Orlando Florida (Liki Tiki) that I bought from a developer, and I would like to re-sell it. Can you provide me with some insight on how to go about selling it?
Remember the cardinal rule for selling a timeshare. Never, ever pay anyone a large, upfront fee to sell, rent out, market, or "cancel" your timeshare.
Secondly, get an idea of what your timeshare is roughly worth on the resale market. Orlando has an overabundance of timeshares. They're literally a dime a dozen. Try to erase any delusions you have about selling it for the price you paid the developer. It's quite possible that yours has zero resale value and you might just have to try to give it away.
Advertise on websites such as here on RedWeek, My Resort Network, or Timeshare Users Group (aka "TUG"). Bidshares and Craigslist are free but "you get what you pay for".