If you are considering selling your Timeshare, the obvious first question anyone asks is "What's it worth"?
Unfortunately this answer is going to be different for every single owner. However with this article and owner can learn to determine the price and value of your Timeshare on the resale market for free!
The sad truth is that most timeshares only sell for between 0 and 10% of their original retail purchase price. If you want to know more about why that is the case check out our article here: Cold Hard Facts about Selling your Timeshare
However getting a good estimate on the value of your timeshare is fairly easy and you can do it all online!
If you are looking to sell your timeshare, pretend you are a buyer for your timeshare and see exactly what current resale ads exist for the resort/points/etc you own! If you can find 20 resale listings for your XYZ Resort timeshare all offered for $1 on TUG/ebay etc, then your chances of finding a buyer if you ask hundreds or thousands of dollars are slim to none!
TUG has thousands of active resale listings for timeshares! Browsing the TUG Marketplace will show you current asking prices, and TUG also provides a detailed Sales History section on each and every Timeshare Resort Review page that allows members to view a list of all SUCCESSFUL resale and rental transactions TUG has recorded for that resort!
These entries are automatically updated with successful resale and rental listings within the Timeshare Marketplace! This combined with the entries from some very hard working TUG volunteers and their careful tracking of EBAY completed listings and other popular timeshare resale sites or brokers, the TUG sales history database now gets hundreds of new entries each month...it has become a leading source for owners to see what Timeshares have sold and rented for in the past!
This of course is just one of the features provided to TUG members with their membership! an invaluable tool in finding out what your timeshare is worth! To look at other sales history records, you can go here to search for your resort:
It is extremely smart to search in multiple locations to find an accurate resale comparison for your Timeshare especially if one hasn't sold on TUG recently! We put together this walkthrough video guide that shows owners a quick and easy way to search for resale comparisons in less than a few minutes including how to search Ebay for completed listings as well!
Once you have established the price other owners are currently listing intervals at your resort for, you can make an educated decision on how to move forward with the resale process! As always, we provide a step by step guide for How to sell your timeshare yourself and avoid being scammed, this article is free and open to the public!
This article has helped tens of thousands of owners learn how to sell a timeshare themselves, for little or no cost...and more importantly...avoid being ripped off! This article discusses other options for obtaining an accurate resale price for your timeshare which is a vital step in trying to sell your classified ad, as if you are attempting to sell your timeshare at an unreasonable price vs what other owners are listing the exact same thing for in the resale market, then you have little to no chance of selling your timeshare at all!
Sadly this is indeed one of the main reasons that timeshare owners experience EXTREME frustration in their attempts to sell their timeshare, as many simply just do not know how to accurately price their timeshare in the resale market and then fall victim to an upfront fee resale scammer who convinces them to pay a large upfront fee! This is so common there was an entire article written on this very subject more than 15 years ago, and can be read here: The Number 1 reason you cant sell a Timeshare
This information is why the most common response we get from timeshare owners is:
"Wish I would have found TUG before I bought my Timeshare!"
The fact is the timeshare resale market is heavily slanted towards BUYERS, not sellers. There are FAR more owners looking to end their ownership than there are people looking to buy a timeshare on the resale market! Thus price is always king! No-one is going to look twice at your listing if you are asking for more than what could be easily purchased from other owners instead!
For more detailed help or have additional questions, be sure to visit the TUG : Buying Selling and Renting Timeshares forum where you can ask questions from tens of thousands of other owners just like you all completely free!
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TUG Advice is probably the most helpful section of the site for new buyers/sellers just getting into timesharing.
Written by owners, members and experts. These articles cater to the entry level and intermediate level timeshare individual and are a must read for anyone thinking of buying or selling a timeshare and those who want to make the absolute most out of their timeshare experience!