The only way to sell a timeshare on the resale market is to focus on advertising and marketing your property in the proper places. It is not obvious where to market it especially because the timeshare market is part real estate and part travel and leisure. So where are the best places to find the right buyer?
The answer to this question depends on your specific timeshare. First look at the demographics of the people who vacation at your timeshare resort. Are they local or do they come from other parts of the country? By researching and analyzing the demographics of these people, you can easily determine where to best advertise.
For example, if you own a timeshare at a beach which attracts mostly vacationers in your state, then you can use local based advertising to reach possible buyers. Craigslist has been very effective for region based buyers. On the other hand, if your timeshare is in Orlando, you know you have a much bigger market. There are specific advertising mediums that cater just to the Orlando timeshare market.
The Internet is also an effective medium for reaching timeshare buyers. First there are places like eBay that have a timeshare category where you can put up an auction to get the best price. Also, there are now timeshare listing and services companies that offer national sites catered to timeshare buyers. These companies are great because their entire business depends on matching timeshare sellers and buyers.
A timeshare broker is also an option but is the most expensive option. A broker that specializes in your particular property may be well worth the money. The key step here is to do enough diligence to ensure you are getting enough turn-key services and expertise to be worth the higher commissions.
By taking the time to do some due diligence to research the timeshare resale market, you will save a lot of stress and time in this process.
For a list of the 5 steps for how to sell a timeshare, and to learn about pitfalls to avoid in the process, visit: http://www.sellingtimeshare-info.com
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