FAQ's About Selling | FAQ's About Renting

If you are ready to sell your timeshare and want some questions answered about the process, then this the right place. Timesharesolution.com was created with the seller in mind, so we have added this section to provide you with answers to the most frequently asked questions about selling your timeshare. 

How does it work? 
How much does it cost? 
How long will my ad be posted? 
What is FSBO? 
What is my timeshare worth? 
How do I price my timeshare? 
What is the difference between fair market value and asking price? 
How flexible should I be about the asking price? 
What is a contingency? 
When is the best time to advertise my timeshare for sale? 
Is there any seasonality to the market? 
Should trends in price, interest rates or the economy have any bearing on when I advertise? 
How long should my timeshare take to sell? 
How do I reach the right potential buyers? 

How does it work?

For owners selling their timeshare: 

1. Create your account, its simple, or contact us for assistance at info@Timesharesolution.com.
   
   
2. Create your advertisement - for sale or for rent - there is one simple form to fill out. Once posted you'll have the ability to edit the ad and add photos at any time.



3. Post your ad!



4. Timesharesolution.com will send you an email when someone is interested in your timeshare so that your contact information always remains private. 



5. Conduct the sale on your own terms.



6. Come back and mark your ad as sold!

How much does it cost? 

Owners pay a one-time advertising fee: 
Sale Ad: $899 Non-Refundable 

How long will my ad be posted?

Sale ads stay posted for 12 months. See user agreement for more details. 

What is FSBO?

FSBO, or "For Sale by Owner", is a commonly referred to term for owners who sell without the assistance of a broker. There are many advantages to both buying and selling via FSBO. 

What advantage does a Web site for the FSBO client offer? Plenty! Internet usage has exploded as more and more consumers are turning to the Web to find what they want. A web site offers far more space than conventional advertising to show and explain your property, and at a price far below any other means of advertising. 

What is my timeshare worth?

In reality, a timeshare week is only worth as much as a buyer is willing to pay. Trying to come up with an actual value is simply an estimation. There are however two popular methods of arriving at a value. 

The first method of estimation is an appraisal. An appraisal is an estimate of the value of a timeshare at a given point in time by a certified appraiser. When evaluating a property, appraisers consider square footage, construction quality, design, floor plan, location, as well as the availability of transportation and shopping. Resort size, topography, view and landscaping are also taken into account. Most appraisals cost about $300. 

The second method is a comparative market analysis. This method is an informal estimate of a timeshare's market value, based on sales of comparable timeshares in a resort. You can do your own cost comparison by looking up recent sales of comparable properties in public records. These records are available at local recorder or assessor offices. 

How do I price my timeshare?

When pricing your timeshare week for sale consider the following to establish a fair market price. 

Why are you selling your timeshare week? What is your motivation for selling your timeshare week? Hopefully no one has told you that your timeshare is an investment and you could sell your timeshare for a profit. Remember the Original cost of your week included a 40-50 percent marketing cost. Take this into consideration when pricing your timeshare for resale. 

Other factors that influence the sale price:

Does the timeshare unit have more than two bedrooms? 
Is it a high season week versus a low season week? 
Is it a five star resort, or a gold crown resort? 
Is the location special and/or unique? 

General guideline for pricing is to subtract estimated marketing costs from the original purchase price and increase the price by those factors that make your timeshare week special. Stay flexible when negotiating the sale with a potential purchaser, based on your motivation to sell the timeshare week.

What is the difference between fair market value and asking price?

The owner's asking price, the advertised price of a timeshare when it goes on the market, is set slightly higher than the fair market value. You can assume that some negotiation will be necessary to reach an agreement with a buyer. 

How flexible should I be about the asking price?

Most buyers leave room for negotiation when they make an offer. This means that a certain degree of flexibility is usually called for on the part of the seller as well. 

What is a contingency?

A contingency in a purchase contract is a condition that must be satisfied for the sale to go through. Although usually associated with the sale of the buyer's home, a contingency is not limited to a home sale. Contingency may be used as a negotiating tool in just about any sale. If the buyer's contingency is not met, the buyers are usually released from the contract without penalty and the seller's property goes back on the market. 

When is the best time to advertise my timeshare for sale?

As soon as you decide you want to sell it. 

If you want to get the best price for your timeshare, give yourself as much time as possible to sell it. The longer your advertisement is running, the larger the number of potential buyers that will see it. This should result in more offers. Allowing yourself time also gives you the flexibility to consider more options if the market is slow or initial interest is low. 

Is there any seasonality to the market?

Weather has a lot to do with the seasonality of real estate, and the peak seasons vary in different parts of the country. So, the answer is yes, there is seasonality in the real estate market. This should not however dominate your decision to sell. 

Should trends in price, interest rates, and the economy have any bearing on when I advertise?

No. Even if you have given yourself plenty of time to sell, waiting for better market conditions is not likely to increase your profit potential. 

How long should my timeshare take to sell?

Advertising times will vary according to market conditions in a particular region or resort. Price, terms, condition, location, and exposure also play a large role. It is important to remember that selling in any market is easier if you keep time on your side. Try to allow yourself ample time; this will put you in a position to get a better return from your marketing efforts. 

How do I reach the right potential buyers?

Advertising remains one of the most important components of the marketing process, however, it is not as simple as it used to be. Advertising can be very expensive. A single page of listing ads run by a local real estate office in your local newspaper can cost anywhere from several hundred to several thousand dollars. 

Timesharesolution.com does the expensive advertising for you. We are advertised in key timeshare owner publications, as well as on the Internet. We reach the majority of timeshare purchasers and potential purchasers. 

With Timesharesolution.com you reach hundreds of thousands of potential buyers with a one-time, low, advertising fee.

FAQ's About Renting 

If you are ready to rent your timeshare and want some questions answered about the process, you've come to the right place. Timesharesolution.com was created with you in mind, so we have added this section to provide you with answers to frequently asked questions about renting your timeshare. 

How does it work? 
How much does it cost? 
How long will my ad be posted? 
How do I price my timeshare? 
When is the best time to advertise my timeshare? 
How do I reach the right potential buyers? 

How does it work?

For owners renting their timeshare: 

1. Create your account, its simple, or contact us for assistance at info@Timesharesolution.com. 



2. Create your advertisement - there is one simple form to fill out. Once posted you'll have the ability to edit the ad and add photos at any time. 



3. Post your ad! 



4. Timesharesolution.com will send you an email when someone is interested in your timeshare so that your contact information always remains private. 



5. Conduct the rental on your own terms. 



6. Come back and mark your ad as rented! 

How much does it cost?

Owners pay a one-time advertising fee: 
Rental Ad: $499 Non-Refundable 

How long will my ad be posted?

Rental ads stay posted for 12 months. See user agreement for more details. 

Once your ad is posted for 11 months we'll send you an email reminder requesting that you renew your ad. If you do not renew your ad, at the end of 12 months we will mark your ad as rented and at the end of 13 months your ad will be removed from our system. 

How do I price my timeshare?

Timeshare rental prices range from $300 to $1,200, depending on the location, the resort, the season, and the size of the timeshare unit. The chart below will give you some average rentals by size of timeshare unit and the season to be rented.

Increase rental rate for: additional bedrooms, five star, gold crown resorts, holiday weeks, and special locations. 
Other considerations for renting your week: 

• List early 



• Advertise location and amenities of your unit 



• Be Flexible to negotiate price 

When is the best time to advertise my timeshare? 

As soon as you decide you want to rent it. 

If you want to get the best price for your timeshare, give yourself as much time as possible to sell it. The longer your advertisement is running, the larger the number of potential buyers that will see it. This should result in more offers. Allowing yourself time also gives you the flexibility to consider more options if the market is slow or initial interest is low. 

How do I reach the right potential buyers? 

Advertising remains one of the most important components of the marketing process, however, it is not as simple as it used to be. Advertising can be very expensive. A single page of listing ads run by a local real estate office in your local newspaper can cost anywhere from several hundred to several thousand dollars. 

Timesharesolution.com does the expensive advertising for you. We are advertised in key timeshare owner publications, as well as on the Internet. We reach the majority of timeshare purchasers and potential purchasers. 

With Timesharesolution.com you reach hundreds of thousands of potential buyers with a one-time, low, advertising fee. Your advertisement on Timesharesolution.com only needs to be renewed once every 12 months.