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Selling Proceedure (by Lance C.):

After you and the buyer agree on a price, you will also have to agree upon who pays the closing costs plus Wyndham's $299 transfer fee. Once that's agreed upon, you will have to find a reputable closing company such as JRA Transfers (timeshareresaleclosings.com), Legal Timeshare Transfers, Timeshare Transfer, or RedWeek's recommended First American Title.

The buyer might also request that you get an estoppel letter from the resort confirming that you are the owner and that all mortgage and maintenance fees are up-to-date. The closing company that you choose will send you and the buyer forms to be signed and notarized. Once you do that, send the notarized forms back to the closing company.

If you use one of these reputable closing companies, they will ensure that the transfer legally takes place and you won't have to worry about future maintenance fee bills.

Just watch out for the many scams out there that promise to get you big money for your timeshare if you pay them an upfront fee. That brings us to the next point. Make sure you are well aware of what your points package is worth on the resale market. I am not an expert at Wyndham's point packages but you might find out that it is worth very little, perhaps even zero. So make sure you price your unit for sale competitively.