Appraisal

Appraisal - An appraisal is an estimate of the timeshare's market value, as assessed by the appraiser. Market value is considered to be the price a ready buyer would pay a voluntary seller; and that information is reflected in recent sales data. Many timeshare appraisals have been shown to have no basis in reality, fail to show truly comparable data, and/or cannot lend credibility to the sales process. The need and legitimate use of appraisals in the timeshare market has often been questioned. It appears that some resale companies requiring an appraisal to accept a listing also own the appraisal company they recommend.  Be careful when getting a fair appraisal value.  Ask the resale company who owns the appraisal company before accepting the market value as being fair.