Looking to sell....

My wife and I bought a week 35 timeshare (43,000 points through RCI) at Cliffs of Peace Canyon in Las Vegas 13 years ago. It's fully paid for. I'm obviously new to this selling and reading so many articles on ways to sell. What have others done to sell theirs?

Try to find out what it is actually selling for on the resale market. I suggest you try TUGS timeshare users group. I have a feeling the resale v alue is around $0. You can pay to advertise on Redweek. You can list on other places like Craigslist. I wouldn't pay more than a nominal fee to list. Places with large upfront fees make their money by convincing others to advertise and have no incentive to help you sell.

Generally TS's that have a MF to point ration of more than a penny a point have $0 resale unless the underlying week is particularly good. At a penny a point the ts usually has a little resale value or is at least easy to give away. TS's that have a ratio of 1/2 penny per point or less are generally worth the most.

tracey75 wrote:

Generally TS's that have a MF to point ration of more than a penny a point have $0 resale unless the underlying week is particularly good. At a penny a point the ts usually has a little resale value or is at least easy to give away. TS's that have a ratio of 1/2 penny per point or less are generally worth the most.

That depends on which point system you're talking about. There are various points systems such as Wyndham, RCI, Blue Green, etc., with different values and different redemption rules.

darinb20 wrote:

I'm obviously new to this selling and reading so many articles on ways to sell. What have others done to sell theirs?

Well that's good that you're doing some research first. The first thing to do is to try to determine the realistic resale value of your unit. As Tracey mentioned, it's very possible that yours, like 90+ percent of the timeshares out there, is worth about zero dollars. But if you think it has some resale value, then advertise here on RedWeek and other reputable resale websites such as My Resort Network, E-Bay, or Craigslist.

Once you advertise, be prompt and courteous about answering any bona fide inquiries. Keep in mind that Craigslist, although free, usually generates a lot of spam and scam attempts so be vigilant if you decide to use CL.