Advance Fees

Advance Fees - Advance fees are the costs affiliated with placing a timeshare for sale (listing the property) or fees for services provided prior to the actual sale of the property. Because timeshare products are each unique, the resort systems and their requirements vary and many owners are unclear about their ownership; most Brokers serving this market deal with ownership issues not involved in other real estate transactions; often errors or uncertainties must be resolved to accurately and adequately market the property. Requesting a fee for services which will enhance the sale is a legitimate business practice, frequently seen in the timeshare resale market. Advance fees may range from $50 to $200; however most reputable Brokers try to restrict their advance fees to a modest amount. Consider the service provided for the fee, the value of that service, whether the service/fee is a one-time charge or optional or refundable, and whether the company provides the service to other timeshare sellers.