Timeshare Seller FAQ
The timeshare industry can often times be confusing, and it is normal to have a lot of questions about how to sell your timeshare. Find answers to our most frequently asked questions from sellers here, or contact one of our timeshare resale specialists at 1-855-299-3838 for more information.
How do I know how much my timeshare is worth?
Knowing how much to advertise your timeshare for is an important part of selling. Timeshares often vary in price, with many factors influencing the market value. Such factors include the resort brand, location, size of unit, type of ownership, and season. Our resort specialists can easily and accurately determine the value of your timeshare once you submit our timeshare worth form.
What kind of information or paperwork will I need?
Having all the relevant, necessary paperwork is essential when selling your timeshare. These documents include:
- Your contract, deed, or membership agreement
- Financing agreement (if you still have one)
- Last maintenance fee bill
- Real estate taxes information (if billed separately)
- Any title insurance information
If you are missing any of these documents, our specialists can help you secure all necessary information needed for the sale.
Can I just send my timeshare back to the resort for the same price I initially bought it for?
The chances are, you will not be able to sell it back to the resort for the same amount. This is because you are not putting on a showy sales presentation or using extravagant marketing tactics. Therefore, your timeshare is not worth as much because you are not tacking on the additional fees that were most likely included in your original price.
Can I resell my timeshare if I originally bought it from a resort?
Yes! No matter how you originally purchased your timeshare, you can sell it on the resale market.
Will all of my ownership benefits transfer with my timeshare?
Every resort and timeshare brand has different restrictions on what does and does not transfer on the resale market. Since these conditions vary and every resort varies, it is recommended that you contact your resort for more exact information on their member transfer policies.
Can I sell my timeshare if I haven’t finished paying off the mortgage?
Yes, it is an option to sell your timeshare with a mortgage. Typically, sellers include the cost of the remaining mortgage into their overall asking price.
What is the Right of First Refusal (ROFR)?
The Right of First Refusal is a clause included in the original timeshare deed. The clause states that the resort is allowed to buy back the timeshare from you for the advertised (resale) price before any private buyer. If the resort decides to waive their right to ROFR, then the private sale may continue.
Our timeshare resort specialists can help you determine if you have a ROFR clause in your timeshare contract.
How long will it take to sell my timeshare?
There is no set length of time it takes to sell a timeshare. A variety of factors influence how long your timeshare can be on the market, including the resort brand and location, type of ownership, season, flexibility, size and type of unit, demand, and asking price.