Timeshare Sales - Ratio of monthly sales to inventory

I want to get an assessment of how likely I will be able to sell my timeshare. I understand an accurate estimate includes lots of variables such as the price of the unit and the demand for that unit, but I would like to better understand the rate of sales "in general".

As such, I am interested in the ratio between your monthly sales and your inventory. For example, if that ratio is 8%, then if sales were completely random then over a 12 month period the likelihood of having a sale is 63% (1-0.92^12). However, if that ratio is 2%, then the statistical likelihood is only 22%.

Let me know if you can provide me with a ratio of sales to inventory.

Thanks, Stephen

stepheng409 wrote:

I want to get an assessment of how likely I will be able to sell my timeshare. I understand an accurate estimate includes lots of variables such as the price of the unit and the demand for that unit, but I would like to better understand the rate of sales "in general".

You are correct that it "includes lots of variables such as the price of the unit and the demand for that unit, " but I am by no means an expert about ratios that you mention.

Remember, at least 90% of the units for sale out there are worth about zero dollars or less. Many owners are giving their units away or even paying other people to take these units off their hands. Many owners are surrendering ownership back to the resorts or simply defaulting and letting their units go into foreclosure.

One recommended way to see what your unit is worth is to log into your E-Bay account (if you have one) and look up completed sales for units like yours in similar or the same resort. It will tell you what people actually paid for such units. You might find that many listings have closed without garnering any bids. That is a likely indicator of what your unit is worth.