If you are determined to get rid of it, it pays to
find out what that timeshare is now worth. You can look up prices paid
for timeshares on eBay. If you find your own resort, that should give
you exact figures. But if you can't find your own resort, look for
comparable resorts in the same destination. That should give you some
numbers to start with when you think about pricing your own listing.
When you are ready with a competitive price for
your timeshare, eBay might be a good bet for you if you are comfortable
with the format. They have an escrow system set up so both the buyer and
seller are safe. You can also post a listing on Craigslist or use your
local newspaper or Pennysaver.
Then it is only a matter of exchanging title and
making sure all of the paperwork is handled properly. Contact your
timeshare home office and find out what they need to transfer title to a
new owner. With many points-based timeshares, this is very easy.
In the case of a deeded fixed week, you may want
to hire a timeshare closing company to handle the paperwork as they will
save you time and make sure you have all the correct paperwork. Just
like when you buy a house, there is a lot of documents involved in the
process. Alternatively, a real estate lawyer can help you with this part
of the sale as well.
Even while selling your own timeshare, it makes
sense to use professional services for the legal documents. This will
make your buyer more comfortable with the process and you will be able
to make sure you are complying with the law.