Tips To Get Started
- Research if your timeshare has any value on the re-sale market.To do so, you can use sites such as Redweek or Ebay. However, it is important to keep the following information in mind:
- Even though there may be other units listed at your resort, it doesn’t necessarily mean they are sellingfor that amount or quickly.
- If you go this route, research the company you choose to work with thoroughly. There are many unscrupulous companies that charge an upfront listing fee, with no guarantee of sale.
- You will also want to ensure that the sale is properly handled so that you’re no longer legally responsible for the timeshare.
- Contact your resort. Some people find that they are able to exit by dealing with their resort directly. Explain that you no longer want your timeshare and would like to transfer back your ownership.
However, we recommend being very aware during this call as they may use this as an opportunity to try to upgrade you. Consider that if you upgrade, you now likely have two timeshare contracts and are still financially obligated, only for more money!