Tuesday, September 30, 2014

What You Have To Know When You Want To Sell A Timeshare

By Alan Bradd


If you own a timeshare and you wish to sell, you may need some tips on how to do it. It does not matter if you are selling it by yourself or you have hired an estate agent to do it on your behalf as the most important thing is to maximize the value into your timeshare price. Use nearest physical sites and any available social amenities to market your timeshare to potential buyers.

Show your potential buyers how they are not making any mistake in considering buying your property. If you doubt your selling skills, use a broker to sell the timeshare as they are more experienced in selling properties. You can also market it online.

Put all the important details such as the location of the timeshare and any attractive features nearby. They can be things such as a golf course or a historical site nearby. Your friends can be helpful too in sharing your timeshare sale. Additionally, ensure that you mention the unique features in the property just to make the house to look outstanding. Offer some sort of reward for anyone who will bring a buyer who will finally buy your timeshare. This sounds good as the cost of engaging a broker will have been foregone.

Any possible exchange of the timeshare if the new buyer wishes it was somewhere else can earn you points. If you hire a realtor, you will be forced to pay fees to them whether you finally do the sale by your own. It is advisable not to work with realtors who ask for fees before the sale has been made or just pay but ask for the refund policies of that company.

Note that hiring a broker will attract a fee at the end of day regardless of who makes the final sale. Brokers who ask for upfront fees should not be welcome unless the return policies are made crystal clear from the word go. This should be put in a written contract. Brokers who promise you with a ready buyer and go ahead to ask for high handling cost should not be trusted. A ready buyer does not attract high handling costs. A ready buyer handling costs should be at minimum. You may decide to ask a realtor to sell you your timeshare but know about their credibility and if they are licensed. Do some investigations on the previous work of the estate agent to determine their past performance.

Never pay before a sale goes through. This is risky since you will be exposing yourself to too much risk. Instead, settle for a company that will ask fees once it has done a good job. After that, you can decide whether it is worth revisiting based on their quality of work.

Conduct some background checks into real estate agent company. Try to determine their reputation from past engagement with other clients. Check with relevant authorities to know if they are licensed.

You need to provide all relevant information about the deal. This can greatly improve your chances of securing a buyer soon since personal representation allows companies to interact with their customers at a personal level. You can also get some insight on how to market the timeshare.




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