Rigler Realty
Question by Leslie H: Help selling my timeshare?
I am wanting to sell my timeshare. Does anybody know of a website or company that can help me out with this? Does anybody have any suggestions to help me to sell it?
Best answer:
Answer by Dave WUnfortunately I can’t make any recommendations because I don’t know of any timeshare resale companies that I am sure are reputable, but I can offer some advice and information. I’d be VERY careful about choosing a company to sell it for you. There are a lot of scammers out there that will tell you they have prospects to buy your timeshare and then ask you to pay a listing fee and once they have that, you never hear a word from them again. My recommendation would be that if the company asks for an upfront payment, you look for another company. If I were selling a timeshare I would not do it anyway except on a commission paid at closing basis. If you pay up front, there’s a good chance you’re just throwing money away.
You might want to try contacting the resort to see if they can recommend a realtor to sell it or perhaps the resort might even do it. I’ve seen listings of units available from various timeshare resorts, but I don’t know if those are units they repossessed because the owners stopped paying their maintenance fees or if they’re regular resales.
Also, be aware that unless it’s a prime week at a prime property you’re not likely to get anywhere near as much as you paid for it. I’ve seen a bunch of non-prime weeks at decent, but not exceptional, resorts listed for just a few hundred dollars. There are lots of people that want out of their timeshares and fewer that want in, so prices are low. You can probably get a decent amount for a 4th of July week on the beach, but an April week in the mountains isn’t likely to get you much.
Know better? Leave your own answer in the comments!
Timeshare Transfer Service -
The Take Over Program
1) Rigler Realty Vacation Property Brokers (“RR VPB”) acknowledges that this transaction is 100% Money Back Guaranteed. RR VPB guarantees that the owner will be removed from the ownership of the described timeshare or vacation property, otherwise they will be entitled to a full refund of all fees paid.
2) Upon signing the resale agreement, the owner is agreeing to transfer the ownership of their timeshare for the accepted price of $0 (Zero Dollars) plus a one time processing fee and the current resort transfer fee.
3) The owner agrees that they are entering the RR VPB Timeshare Take Over program and if the timeshare is not transferred out of thier name, they will be given a full refund of all fees paid.
In simple terms: RR VPB guarantees to have the timeshare transferred out of your name. The closing process will take 90 to 120 days on average, but can take longer depending how quickly the parties execute and return the documents to our office, which recording agency the Deed is being sent to, and how quickly or slowly they are getting the documents recorded and returned. Staffing issues at the resort can also affect the transfer time. RR VPB will process your transfer as quickly as possible but RR VPB can not be responsible for delays caused by the resort, the recording entity or the owners themselves.
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