Timeshare resale companies can help folks who decide that ownership is more than they bargained for. Many travelers purchase timeshares, these little slices of paradise, but may need to sell them for a variety of reasons. Fortunately, those who want to sell their timeshares do have a few options. These include placing ads in newspapers in the same region where the timeshare is located, placing ads online through outlets like Craigslist and eBay, and selling timeshare through a licensed resale company. While there are reputable timeshare companies out there, consumers need to be wary of possible scams. The three more popular timeshare exit companies include Resort Exit Team, timesharecancelservices.com, and ResortRelease.com. Read on to find out more about how to get out of your timeshare with the help of professionals.
Reputable timeshare release companies help get their clients out of their timeshare contracts, regardless of reason.
Some professionals charge fees upfront and others wait until the sale is made to collect their fees. No money should change hands without a signed contract that spells out how the process of timeshare resale works.
Each of these companies have qualifications that their clients need to meet in order to receive services. These can include paying off the timeshare in full and being current on any maintenance fees or special assessments. Some of these companies only work with specific resorts or timeshare sellers, so this could also be a consideration.
When seeking out timeshare resale companies, consumers can ask for references from the company and contact those individuals. They can also check with the Better Business Bureau and the state attorney general's office - along with other state consumer agencies - to see if any complaints have been filed.
A timeshare resale company should have well-established advertising strategies to help get the word out to as many people as possible. Consumers need to ask for a plan from the company regarding how they will try and sell the timeshare.
These properties typically depreciate in value, and it is unlikely that consumers can sell timeshares for more or as much as they paid. Factors that effect the price of a timeshare include where it is located, how long that it's been owned, and how well-maintained it is.
The time is takes to sell a timeshare depends on several factors, such as the market, the location, and the advertising strategy. While consumers may want answers, it's better if timeshare resale companies have a rough estimate with goals to reach that deadline instead of concrete answers.
Some legitimate companies do offer guarantees as far as timeshare resale. Consumers need to carefully read their contracts with these companies to make sure they understand what these guarantees are before signing.