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Tips On How to Sell Your Timeshare Fast

how to sell your timeshare fast

April 15, 2021 – by Pam Stuart

how to sell your timeshare fast

We know your pain. We’ve been there before and have helped so many people before you. You’re here because you want to learn how to sell your timeshare fast. It’s not always easy, but with the right team supporting you, it can be done!

At some point, enough is enough. Whether you have been paying your fees and loan costs dutifully for years and just can’t take it anymore, or you recently signed a timeshare ownership contract and regret your decision, when you want out, you want out. 

The last thing anyone wants is to have something like a timeshare lingering around on your credit report and draining your bank account every month. They’re basically impossible to get fair value out of, so it’s like watching money burn. 

Some people want to sell a timeshare fast because their financial situation changes. It could be the death of a spouse, the loss of a job, medical costs, and a host of other issues that make money tighter than it was before. 

For people looking to learn how to sell your timeshare fast, there are some steps you can follow to close the deal and get rid of the financial obligation. Here are some tips to help you along the way. 

Tip #1 – Look Over Your Contract Early 

Before you get too far in the sales process, you need to know what you’re selling. We find that, all too often, timeshare owners don’t know what they own. They don’t know whether their name is on the deed or how much they owe. 

Break out your contract and read through it. Understand what you’re selling, and what the terms of your current contract are. Buyers will want to know. 

You need to know if the property has a deed in your name or if it’s a right-to-use agreement. 

If you don’t know what you’re selling, it’s hard to pin a value on it. Sales will get done faster and at a better price when you have command of all of the details. 

Insider Advice – Hiring a service to help you with the sale can help speed things along. They’ll know what to look for in your paperwork and how it will influence the sale. 

Tip #2 – You Can Sell Fast If It’s a Private Sale

The fastest sale comes when you have a buyer lined up already. Would that be nice, right? Well, it’s the reality for a lot of people who want to sell. A friend hears about you wanting to get rid of it, or someone in your family wants to take on the family vacation spot. 

Either way, a timeshare is considered property and can be sold privately between two parties. The best part of it is that you can save a lot of money along the way in a private sale. YOu don’t have to advertise it and you don’t have to pay agent fees. 

The only thing you need to be aware of here is that, if you don’t know what you’re doing, you may not get fair value for your timeshare. Speed is one thing, but getting as much money back is important to a lot of folks. That’s why so many of them hire timeshare industry experts to guide them to a sale. 

Tip #3 – How to Sell Your Timeshare Fast – Using an Agent to Facilitate a Sale

Even if you’ve already got a buyer lined up, if this is your first timeshare sale, or you haven’t done many real estate transactions before, then hiring an agent is your best bet. 

Yeah, it’s always a bit painful to write that commission check after the paperwork is signed, but a good agent is worth their weight in gold. 

And remember, this is not the time to hire your buddy or a church acquaintance for the job. Nice isn’t what we’re going for here. You want an agent who will get the job done well and get it done quickly. 

Read online reviews, ask for referrals, and check their track record. A good agent makes life easy. A bad one leaves a lot of money on the table and could even leave you open to legal liability if something goes wrong. 

Tip #4 – Using a Timeshare Sale Service Has Great Benefits

With a bit of research online, you can find timeshare sale services or listing companies who can help you with the sale. 

You can go online and look at what similar listings are going for and track sales to understand how long things might take. 

These companies have access to listing sites and timeshare exchange sites that match buyers with sellers. These are people who want a timeshare but want to get one second-hand far away from unscrupulous salespeople. 

It can be a great option for how to sell your timeshare fast, but not all listing companies and timeshare sales services are created equal. 

Here are some things you should look for before you hire them:

Consider Relinquishing Your Timeshare

Are you interested in learning how to sell your timeshare fast? Well, then you’ve got to recognize that you may not get top dollar for your timeshare. 

Getting good value on a sale takes time. These aren’t exactly liquid assets. Much like selling a home, the process can take months unless you’re willing to take much less than market value. 

It all depends on your definition of fast. 

Of course, the fastest way to sell your timeshare might be by “selling” it for free. 

Every year, a lot of timeshare owners wait a long time and finally talk to their timeshare company about giving it back to them. 

You’re not getting any money in return in this scenario, but you’re also not paying a red cent more in maintenance fees to the company for a timeshare you don’t want anymore. 

Another option here is donating your timeshare to a company that will accept it in-kind. You can claim the tax deduction for the year you give it away, and there is an impressive list of charities that are willing to take them. Not the perfect solution for everyone, but it works for many people. 

Tip #5 – Using a Timeshare Exit Company to Learn How to Sell Your Timeshare Fast

A good timeshare company is often the key to getting out of an unwanted timeshare contract. People, after spending years fighting against the developer and management, turn to exit companies for expert advice.

These people are professionals who have spent years working with clients on legal ways to get out of timeshare contracts. They’re adept at negotiating settlements and agreements to help you get free of your timeshare. 

There are a lot of timeshare exit companies out there, and they’re not all created equally. As usual, stay away from any high-pressure sales tactics and outlandish promises. Anything that sounds too good to be true likely is in the end. 

A timeshare exit can take anywhere from six months to a year and a half. That’s a big window, but it just goes to show how different each resort is and how a client’s circumstances will dictate the situation. 

How to Sell Your Timeshare Fast – The Final Word

If you’re trying to figure out how to sell your timeshare fast, talk to a timeshare exit team. They usually offer free consultations to understand the details of your contract and what the chances of success are. 

With a team working with you, it can remove a lot of the stress around trying to sell your timeshare so you can focus on other things more important. 

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

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Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. Let us help you. Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, the resorts are loath to give back the money they’ve already taken for timeshares.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We go above and beyond for our customers by helping to protect you, and have the best success rate in the industry, rated 5-stars by clients. We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client will work with our expert, experienced team whose job is to keep you in the loop throughout the entire cancellation process. We are always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.