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Re: Re: Wanting to sell timeshare. (by Lance C.):

cordiliae wrote:

I would like information on selling my timeshare....All paid off....All fees up to date

That's definitely a good start as you would not even be able to give away a unit if there is a loan or maintenance fees owing. The next thing is to know what your unit is realistically worth on the resale market. For over 90% of them, the resale value is about zero dollars or less. So make sure what you can realistically expect to get.

The number one rule for selling or giving away a unit is to never, ever pay any one or party a large, upfront fee to sell, rent out, or "cancel" your timeshare. These companies that charge you for this are scams.

You can advertise your unit for sale here on RedWeek but you have to pay the membership fee (which is refundable depending on various circumstances) plus an advertising fee. Timeshare Users Group (aka "TUG") is also a good website to advertise that you want to sell or give your unit away.

Another option, if you come to the painful realization that your unit is worth about zero dollars, is to ask the resort's Homeowners' Association if they will take your unit back. They might charge a fee for this to cover closing costs and maybe the next maintenance fee but at least you know it will be a clean and final transfer.