Timeshare owners who have been following our blog posts and are interested in selling their timeshare have received a great amount of useful information regarding this very topic. If you are just beginning to find our blog and are interested in attracting a buyer for your timeshare we recommend reading Part 1 and Part 2 of this series before reading the conclusion below. We have covered a number of different check points that a person wishing to put their timeshare on the market should consider. In the final post regarding this topic we will discuss the importance of timely responses, viewing the transaction from the buyer’s side, and using a closing service.

Timely Responses – Most timeshares sold in the secondary market are found on the Internet, because of the abundance of options available to the prospective buyer it is important to establish a good line of communication and respond to any inquiries in a timely fashion. Just remember the longer you wait to reply to someone interested in purchasing the more time it gives for other owners to reply to the same person with information regarding their timeshare. Once you have listed a timeshare with Vacation Timeshare Rentals users of the web are able to use our site to send an email inquiry if they are interested in your timeshare, for this reason it is important to check your email account on a regular basis, preferably on a daily basis to ensure that all inquiries are received and replied to as soon as possible. Lack of communication can cause a potential client to lose trust and move to the next option.

Take The Buyers Prospective Into Consideration – This can seem like an obvious item to point out however sometimes owners forget to step back and take into consideration the transaction from the buyers point of view. Keep in mind the buyer is trying to find the best possible fit for their needs so do not become impatient if they ask multiple questions and try to understand every detail. It is also to important to remember that negotiating is part of selling anything, not just timeshares, do not be insulted if someone sends an inquiry offering an amount lower than the number you have in mind. After all you are the owner and you can refuse any offer so do not take a low offer as a personal attack. We also recommend taking time to reflect back to when you first purchased your timeshare, especially if it was in the secondary market, try to remember what it was like to find a timeshare to buy and the factors that lead to your final decision.

Transferring Your Timeshare – Once you and the buyer have agreed upon a price and all other terms of the sale you can then send the transaction to a timeshare closing agency. The closing agency will handle all the necessary paperwork to transfer the ownership from one party to another as well as hold the funds in escrow until the transfer of ownership is complete. When enlisting the help of a timeshare closing agency remember to have the buyer pay for the closing service, this way if they decide to back out they will have their money invested and you will not lose anything. If you agree to pay the closing cost as an incentive for the buyer simply take the amount of the closing service from the final agreed upon sales price. There are many different timeshare closing agencies to choose from, the agency we recommend using is Timeshare Title, this company will perform the complete closing transaction in a timely manner for $375.

Following the checklist from this series of posts will help you in finding a buyer and ensure that the transaction goes as quickly and smoothly as possible, if you are an owner or buyer and have other suggestions we strongly encourage you to share your opinions with us to help others out down the road. Now that you know what goes into attracting buyers there is only one thing left to do, Sell Your Timeshare.

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