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Nowadays, several timeshare owners prefer to directly auction off their timeshare property. There are several sites that have listings on different timeshare properties. Make sure to take enough time in looking for the best selling points of your timeshare.
Alternatively, several timeshare resorts and chains let owners to sell the investment through the developer. This is normally the case with investments in places where the developer is looking to sell more units. By letting the developer to sell your timeshare, you are using the contacts and marketing programs already in place that the developer probably used to sell you the timeshare in the first place. Generally, developers are more successful in disposing timeshares than real estate brokers, but such success often comes at a high price. Prior to signing your timeshare resale rights over to the developer, make a comparison on all the fees related with listing and selling your timeshare. Do not be apprehensive in calling other agencies that sell timeshares to identify if letting the developer resell your property will be beneficial in the future.
There are also owners who opt for selling their timeshare through a classified advertisement. In this process, it will involve more work and market research compared to listing the unit through a real estate broker. However, you will save a great amount of money that would otherwise be spent for agency charges. Bear in mind that real estate agencies may have higher sales price in the end than DIY alternatives like classified ads.
Your problem seems common these days. There are many things you can do about it. Your ultimate goal might be to sell it. But since it's hard to sell such property these days, you might try renting it out first.
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