Timeshare Resales

No doubt about it – the answer is yes. Timeshare resales are the most underrated aspect of the timeshare industry because of the deals to be had and the money to be saved compared to the resort prices.

Like any product, the worth of what is purchased is determined by the cost of the product compared to its use to the owner. In this case timeshare resales start at prices 50-60 percent below prices at the resort, so there is already a cost-saving to the buyer before the negotiation even begins.

Once a timeshare resale buyer realizes they are getting essentially the same product as someone buying from the resort, and saving thousands of dollars in the process, they understand that their timeshare is worth it. But it doesn’t end there.

For owners to get the best value out of their ownership, they need to use it. Owners who don’t use their timeshare tend to be the ones who think it isn’t worth it, so you need to plan an annual vacation in order to reap the full rewards of your ownership. Sure, there can be extenuating circumstances that intervene when planning a timeshare vacation, but today’s product is designed so that in most cases owners can reschedule if they need to. Who wouldn’t want to take a prepaid vacation every year?

Compared to the cost of a hotel stay, timeshare resales are a good deal. Compared to a cramped hotel room with the family piled onto the bed eating takeout, a two-bedroom timeshare unit with full kitchen and living room is definitely worth it.         

We obviously think that Timeshare Broker Associates is the best timeshare resale company, but don’t just take our word for it. Look at the reasons why.

First of all, we don’t take upfront fees to sell timeshare, so owners are safe with us and don’t have to worry about paying for services that are not rendered. We work on commission-only, so we only get paid after a sale is closed and the timeshare is transitioned to the new owner.

We handle all of the negotiations and paperwork so timeshare resale sellers and buyers don’t have to get bogged down with the details. For sellers, we do the negotiating and bring you the offers to choose from. For buyers, we bring you the choices you want without you having to search far and wide on the internet for the best deal. We protect the process by placing monies in escrow and work with the closing company for a smooth sale process.

Our licensed agents are assigned to your account so we are working on your behalf to get a deal done. As a featured reseller of Wyndham Vacation Ownership, WorldMark by Wyndham and Capital Vacations, we have the support of industry professionals to get deals done.    

Timeshare resales are cheap compared to the retail price of a timeshare at a resort mainly because of the costs associated with selling a new timeshare at the resorts.

Similar to the way cars are sold at a dealership, resorts spend a large amount of money to bring people to their resorts in order to sell timeshares. Those marketing costs and sales commissions are recovered from buyers in the price of the timeshare offered at the resort, costs which make up 50-60 percent of the resort retail price on average.

Remove those marketing and sales costs from the equation and you have a more realistic starting point for the resale price of a timeshare. Then, when you factor in areas such as the location and age of the resort, size of unit and market demand, you’ll see the price points that the market will support.

A timeshare resale is a timeshare that is sold by an existing owner on the secondary market. Like just about any product, the internet has offered owners the chance to sell timeshares themselves, so they will go online to find out how they can sell and put their timeshare up for sale.

Buyers also know there are deals to be seen online, so they will often check out timeshare resale prices after visiting a resort, sometimes even after going on a resort tour while they are still vacationing at the resort.

Sellers and buyers will negotiate online, or involve the services of a licensed agent to handle the negotiation, and come to an agreement to sell the timeshare. It’s similar to the way a home would be sold, but without the walk-through.

Who said timeshares are a bad idea? Just because some consumers may have made a purchase they weren’t ready for doesn’t mean all timeshares are bad.

In fact, according to the American Resort Development Association, timeshare owners gave an 85 percent satisfaction rate - rating their timeshare experience as either excellent, very good or good. Since there are about 10 million timeshare owners in the U.S., that’s millions of owners who are happy with the product.

The issue becomes one of perceived value for money and the actual use of the product. Owners who purchased as a timeshare resale save 50-60 percent right off the bat compared to buying through the resorts because of the marketing costs associated with a resort purchase. When you are paying thousands of dollars less than the guy sitting next to you on the pool deck of your resort, chances are that you’re feeling better about your decision than they are.

Most people who are unhappy with their timeshare just don’t use it anymore. Some have only used it once or twice and don’t really remember why they bought it. We’ve all bought something that seemed great at the time but discovered later that we’ve used it once and it’s still sitting in a closet or in the garage. It doesn’t mean that the product is bad, just not the right fit.

The truth is that timeshare resales compare very favorably with vacation rentals or hotel stays because of the lower price point of entry. A timeshare resale purchased at $10,000 with an average maintenance fee of about $1,000 a year would cost an owner an average of about $1,500 a year over a 20 year period for a week of timeshare. That’s $214 a night for staying in what could be a two-bedroom, condo-style unit with separate living room and dining area and all the conveniences of home, but at a resort. That’s more than comparable to staying at a cramped hotel where the family needs to all climb on the bed and eat take-out. Forget about romance on that family getaway.

Bottom line – if you love taking an annual vacation and want the best type of accommodation with some of the best hospitality names in the world, buy a timeshare on the resale market and learn all the ways you can use it every year.