How Do I Sell My Timeshare in Ft. Lauderdale Beach Florida?
I have a studio condo in Ft. Lauderdale Beach, Florida. It is timeshare week 31, beach property!! How do I get rid of it. I am tired of paying these maintance fees each year 0!! I already lost 0 trying to get a broker to sell it. Timeshare broker took my money, and never sold it!!
Any words of wisdom to help an unemployed mother of two kids?? I love the condo, just can’t keep up with the yearly fees anymore!!
Selling Timeshare – Sell Timeshares
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If there is a mail box or a community bulletin board at your home resort, you can put a “For sale” sign. This will pressure the developer specially if they sell it for $20,000 USD and you offer it for $5,000. Sometimes on the fine print of some sale agreements says that the developer has the first right to buy if your place is ever sold. I have heard of developers paying the money (as long as is not too much) just to take the sign out.
To resale or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.
Unfortunately over 50% of people that really need to sell their timeshare falls for these resale scams where they charge money upfront and less than 10% of them use their only real option which is to post it or offer it trough free advertising options as much and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).
Timeshares do not have resale value and in most situations you would take a loss in what you paid for, as they resale for less than $2000 USD.
There are some free classified where you can post:
http://timeshareownerscommunity.com/
http://craigslist.com
http://ebay.com
http://recycler.com/
http://usfreeads.com/
http://www.inetgiant.com/
You may want to take a look into a timeshare transfer company who will transfer the timeshare out of your name. You won’t get any money for the timeshare and you’ll have to pay a fee, but you’ll be out of it for good.
At the very least, get some information about it.
Otherwise you may end up waiting for a buyer that may never materialize and have to pay that maintenance fee over and over again.
Another option: If you just want to get rid of it go over to http://www.tug2.net to the forum Bargain Basement deals and post Ft Laud T/S free. You can even offer to pay the transer fees. Timeshares right now are going very cheap to nothing. If you join TUG membership you can post a free ad in the Classified Sections.