Figuring Out Services
There are many timeshare resale organizations in the market, and finding the right one to do business with can be overwhelming. The following are tips for choosing a timeshare resale company.
Look for a reputable timeshare resale company to help you sell out your timeshare. One way of identifying reliable companies is by inquiring if they are accredited to the Resort Development Organisation because it indicates that they adhere to their standards and codes of ethics. Similarly before you trust a company to sell your timeshare, read their past reviews and testimonials. In addition, you may want to check with Better Business Bureau if the company has any unresolved complaints.
Deal with resale companies that have the right licensing required in order to sell and advertise your timeshare. A good timeshare resale company will have a real estate broker license given by the state where they operate. If you have questions regarding the validity of the licensing information, contact your state’s real estate licensing agency or the real estate commission.
When selling timeshares, be vigilant of resale companies that are scammers and want to swindle your money. Watch out for companies that request for a large amount of money upfront, make an unwanted call offering to sell your timeshare, or ask for your credit card or bank information. Avoid companies that pressure you to sell your timeshare with the motive of selling to you other timeshares.
Look for a company that has excellent advertising campaign in order to market your timeshare. You want to choose a company that advertises using local papers, internet, billboards, radio, and TVs. When you are doing an online search for timeshare, you want to ensure that your property is featured so that you can be assured that potential buyers will be able to find it.
Timeshare is not an investment, therefore, make sure that you price it correctly for a quick sale. It is highly recommended that you compare the prices of timeshare in the same resort so that you will know what to price your timeshare. Lower the price of your property than that of your competitors in order to attract more potential buyers.
Make sure that the resale company gives you an offer in writing and not on the phone. They should also give you a full description of the services that they will offer you before you make any informed decisions. Also, you should obtain a detailed written contract that includes the costs or fees that you will pay, the duration of the contract and explaining whether you can rent or sell the timeshare on your own. Go through the contract carefully and ensure that you comprehend each term and condition before signing it.
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