In nearly all of
our other articles we focus on the process of selling, and give you our
suggestions and proven techniques to give you the best chance at
selling your Timeshare on the Resale market. Many times this
advice is ignored or "adjusted" by the reader and thus results in
repeated unsuccessful attempts to sell a Timeshare. This
article will focus on the main key reasons why a Timeshare fails to
sell, in hopes that it will remove the wool from many eyes and end up
in more successful resales!
Your price is ridiculous!
There it is right in black and white and (hopefully on your
screen) big large bold print words! The absolute number one
reason the majority of timeshares go unsold in the resale market is the
owners are completely oblivious to the current price their timeshare is
currently being sold for by other owners! Let these 3
statements sink in:
- No one cares that you paid tens of
thousands of dollars for your timeshare new when you bought it!
- No one cares that you still owe thousands
of dollars left on your loan!
- No one cares what you think your timeshare
The timeshare resale market is FLOODED with inventory and has always
had more sellers than buyers by a ginormous (yes I know it is not a
factor. One does not need an economics degree (although I
actually do have one) to remember the basic concept of supply and
demand! When you have such a disparity between sellers and
buyers, it can do nothing but drive the price down.
This concept is explained in great detail in our Cold Hard Facts about Selling your Timeshare
article, we suggest you read it completely. Read it again if
you are still skeptical about what this article has told you so far.
How do you know my price is ridiculous?
Well for starters, you are reading this article and have a timeshare
still for sale!
Look folks, you can search the Internet and find countless individuals
and companies that will tell you EXACTLY what you want to hear!
You can read all you want about:
We can sell your Timeshare guaranteed!
We have buyers lined up to buy your timeshare!
Your timeshare is worth more than you are asking!
Your timeshare is worth more than you paid for it!
Quite frankly, I'm sick and tired of hearing each and every one of
these, however you know why they are still being used today?
These pitches work and so many
folks believe them!!!
I would easily gather that far more folks hear and believe these lines
every day than find TUG in a month! There are multi million
dollar companies that make their entire profit off folks who believe
these lines and fork over hundreds and thousands of dollars on the pipe
dream that these lines are actually true. Problem is these
are attractive sellers, not buyers. Timeshare Resale buyers
looking for the cheapest deals around, and know that it is a buyers
Why would these companies Lie?
This question has a single easy answer: Money from you.
Lets face it folks:
- You aren't going to pay TUG $599 if I sat you down in
room and pitched you the contents of this article.
- You aren't going to give TUG $999 if I tell you that
you want to have any chance of selling your timeshare, you are probably
going to have to give it away for between 0 and 20% of its original
purchase price are you?
- You aren't going to pay TUG $2500 dollars if I tell
that I am going to list your timeshare on Ebay for $1, and post it in
the TUG bargain basement section also for free and simply pocket that
money are you?
However if I tell you exactly what you want to hear (see above
pitches)...you are most certainly willing to fork over that kind of
money, especially if you think there is even a slight chance that you
will recover that in the sale price!
These crafty schemes are also explained in more detail in our Timeshare Scams and Fairy Tales article
that if you do want to give money to TUG because we are so awesome and
or saved you from being ripped off, feel free to paypal it to firstname.lastname@example.org
Why should I believe you?
You shouldn't believe anyone just on what you read on the Internet
State Farm Commercial
mind)...you should however have no problem believing common sense.
TUG is unlike any other entity in the Timeshare Industry. We
exist solely to educate timeshare owners and provide you with the
information you need to avoid being ripped off. You don't
believe any of the above comments? That is fine, I'll
let you use some simple tools here to fact check for yourself!
Here is a recent auction for a Wyndham Pagosa Timeshare with 105,000
annual points....note the sale price of $5
It took all of 30 seconds to search for other Wyndham Pagosa timeshares
currently for sale on a variety of "resale" websites...here are two
This particular one was actually for less than the Ebay
105,000 annual points.
This one was actually for the same number of points at 105k annually.
And for comparison sake so folks can't say I'm being unfair...these to
the 3 current Pagosa Timeshares for sale on TUG, if you note they are
all for sale for a single dollar:
So, you should just ask yourself, if you were a buyer and saw these 4
items, which one would you buy? More importantly, if you were
looking to sell and saw 3 other folks selling the same thing for $1,
would you really pay hundreds of dollars to list yours for $20,000 more?
You just made all that up using a special example
Actually I just randomly chose the first timeshare that
popped up in the completed listings on Ebay at the time I was writing
this article, however I urge....no I demand that you try this for
yourself using your own timeshare as an example and see if you come up
with a different result!
there are some timeshares that have more residual resale value than
others (Disney/Marriott/Hilton are good examples)...it just further
reinforces the idea that you MUST RESEARCH the resale market and see
what your timeshare is selling for. It doesn't take anything
than common sense to see that if other owners are giving away the
timeshare you are trying to sell, you simply aren't going to get
anywhere near what you paid for it new trying to sell it!
The Final Word!
a Timeshare flat out sucks. Its not going to be a fun or
quick process for you, and you are going to encounter someone who is
going to pitch you an offer that sounds too good to be true.
You can either believe it and fork over some money, or listen to that
ember of skepticism in your mind and know you are about to throw good
money after bad!
is, if you are confronted with an upfront fee, or you are
suggested/urged/prompted/whatever towards an upfront fee company...this
should be your first immediate red flag to run in the opposite
You CAN sell your timeshare yourself for little to no
cost to you, TUG has proven that for 20 years now. There are
LEGITIMATE options for folks to sell your timeshare for you, however in
EACH of those cases just as with selling or buying any other piece of
real estate, those legitimate folks work take their commission AFTER
If you have more questions or want to search topics, be sure to
register on our Timeshare Online Discussion Forums
where tens of thousands of Owners and Experts ask and answer all
Timeshare related questions! Registration and participation
on the forums is 100% free!
TUGBBS Online Forums