Once you have a buyer and have agreed to terms, for the protection of BOTH buyer and seller, in my opinion it is best to then allow a professional timeshare closing company to handle all of the transaction funds via their internal escrow account. Closing company will also handle deed preparation and recording, as well as resort notification after the new deed gets recorded. Whoever is paying the closing company (...the buyer, more often than not) should select a closing company of his / her own choice. However, in the current weak market, some sellers are even offering to pay all the closing costs themselves in order to get a "leg up" on their competition selling comparable weeks. Closing costs will be, at a minimum, about $300.
If the resort imposes a transfer fee (...many don't, but many do) that transfer fee is generally anywhere between $50 -- $500. You should find out NOW if there is a transfer fee, since a buyer does NOT want to hear "I don't know" when they ask you that clear and specific question.
Be prepared, as the seller, to promptly provide the closing company with a copy of the current deed. If you cannot provide one, the closing company will impose an extra charge for having to look it up. That extra charge is obviously and solely the seller's responsibility, since the seller should be able to readily produce a deed copy in the first place.
Among the closing companies which I personally like best (although I have no affiliation with any of them) are, in order, Timeshare Transfer, JRA Services and PCS Closings. You can easily find any and all of them in a simple Internet search. Good luck.
KC
