My family has a two-bedroom time share unit at the Marriott Grand Ocean Resort in Hilton Head Island, SC, during prime season – August. We are looking to sell our unit. Does anyone have suggestions on how to best sell the unit?
Selling timeshare unit at the Marriott Grand Ocean Resort, in Hilton Head, SC. ?
Monday, August 17th, 2009 / Joe
Category: selling timeshare
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To resale or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.
Unfortunately over 50% of people that really need to sale their timeshare falls for this resale scams where they charge money upfront and less than 10% of them use their only real option wich is to post it or offer it trough free advertising options as much, and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).
Timeshares do not have resale value and in most situations you would take a loss in what you paid for, as they resale for less than $1000 USD.
There are some free classified adds where you can start posting:
http://timeshareownerscommunity.com/
http://tug2.net/
http://craigslist.com
http://ebay.com
http://recycler.com/
http://usfreeads.com/
http://www.inetgiant.com/
The best way to sell any timeshare is to advertise.
Because timeshares rarely appreciate in value, they typically cannot be sold like traditional real estate where a listing agent takes proceeds from the sale.
Look for a advertising agency that provides as much exposure to potential buyers as possible and one that provides financing options and closing assistance.
There are a lot of factors to selling, like if it’s all paid off. Sounds like you have a nice resort, Marriott’s hold their value better than other timeshares for resale, although they won’t appreciate in value like normal real estate. Just be realistic with your pricing and good luck!
I also agree that http://www.timesharesonly.com is a good site to look at.
if you still have it (the Ocean Grande unit) call me at (919)271-1132 we will rent it for a week in August 2011
thanks
Tim