Selling-Timeshare.org

I sold timeshares five or six years ago. I’m seeing the same units we sold for $8-24K now selling on Ebay for as little as a dollar. I know they’re in a good resort and the exchanges are great, it’s just that there’s a big supply of previously owned timeshares and a limited market. It’s the only way I’d buy one now. Timeshares tend to be an impulse buy. Frankly, they’re expensive when you consider the initial cost and annual maintenance fees. If you buy a slightly "used" one, you still have the maintenance fees but not much of an initial outlay. The annual expenses are usually far less than a week in a hotel of comparable quality.

So here are my tips.

1. Select a timeshare which belongs to Interval International or RCI so that you have a wide variety of locations to trade for.

2. Use one of the timeshare resale companies with great ratings on Ebay instead of a private seller.

3. Many timeshares have a 30 year lifespan. Find out if the one you’re looking at is a lifetime deed or limited. If it’s limited, check on how many years are left. Actually, a lower number of years left on the contract might be a good idea if you aren’t sure how long you want to be involved. Understand that you will still need to pay maintenance fees annually, even if you don’t use the week.

4. Make sure that you read all the fine print on the auction. There will be closing costs involved and you may possibly be required to pay some back maintenance fees if the previous owner didn’t.

5. If it’s only a couple hundred dollars more for a "red" week or 2-3 bedroom, go for it. You get better trading power with better weeks and more bedrooms.

If done carefully, I think you can get a fantastic deal on your future vacations this way.

now I wouldnt do it, but it’s up to you of course. I have heard of stories about how people buy one thing on ebay and then it gets shipped to them and looks totally different, and that is we are talking small objects. time share is ususally a few thousand dollars worth of investment…. not small at all unless you are a millionaire.
I am also the kind of person who thinks time shares are mostly big scams to get you to put your money into something you won’t be able to use nearly as well as they advertise it.

It depends who is selling it. You can always check out the seller’s "feedback" section. Is he/her a power seller? An acquaintance of mine, sold her home in Florida on Ebay in 30 days.

A timeshare, I am not sure though. I would ask as many questions as I can. Where are they located? Telephone number? Business name, if being sold by a realtor. I would check them out at BBB.com. I would also go to the States websites to find out if their license is still active; etc.

Here are some examples of some websites that you can check out a realtors license.