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How easy is it to sell a timeshare?

Since timeshare is a special type of real estate, the best way to sell a timeshare is to go with a real estate agent who specializes in resales. When working with the right brokerage, you will be able to sell your timeshare without upfront fees!

Do timeshare contracts expire?

Right-to-use timeshares often expire after a certain number of years, like 20 or 99 years, and at the end of this time, your right to use the timeshare ends.

What is the purpose of a timeshare?

A timeshare is a vacation property arrangement that lets you share the property cost with others in order to guarantee time at the property. But what they don't mention are the growing maintenance fees and other incidental costs each year that can make owning one unbearable.

How long does a timeshare last?

Leased timeshare ownership will define the number of years you can use the timeshare, usually lasting long-term. On average the lease can expire in 20 \u2013 99 years.

Where is the best place to sell your timeshare?

To start with, you can use sites like eBay, Craigslist and Timeshare Users Group. Also, look for \u201csold\u201d listings. They're a more accurate indicator of price than one that's only listed (which is often the wishful thinking of what an owner wants to get for their timeshare).

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How does selling timeshare work?

If they choose to, your resort may take over the sale and step in as the buyer. Essentially, this means the resort or developer accepts all terms of the sale and will purchase your timeshare back from you instead. If the resort or developer waives the ROFR, we can then continue with the sale with both original parties.

What happens at the end of a timeshare contract?

Having a deeded ownership means your timeshare is yours forever. Enjoy it with family or friends, rent it out to other vacationers, and pass it down to relatives when you're done using it. You'll likely have a set week at a home resort, with the ability to exchange your timeshare via RCI or Interval International.

Which are the two different types of timeshare contracts?

There are two basic kinds of timeshare contracts: deeded timeshares and \u201cright-to-use\u201d timeshares. These two kinds of properties and the terms of their contracts work very differently, so understanding these properties and what you get when you buy into them can save you a lot of hassle in the future.

What happens at the end of a timeshare?

Having a deeded ownership means your timeshare is yours forever. Enjoy it with family or friends, rent it out to other vacationers, and pass it down to relatives when you're done using it. You'll likely have a set week at a home resort, with the ability to exchange your timeshare via RCI or Interval International.

Can I sell my timeshare myself?

If you decide to sell, you can do so by yourself or via several timeshare selling platforms, whose fees and services vary. Buying from an individual owner versus a property developer or resort often leads to a better price, as you can avoid some fees.

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