What I Can Teach You About Timeshares

Tips for Selecting a Timeshare Resale Company

When choosing a timeshare resale company, you need to ensure that they are reputable, legitimate and trustworthy. This article will guide you in choosing the right timeshare resale company for you.

Reputation of the timeshare resale company is the first thing that you should consider when making your decision. 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. You can also check their website for customers reviews so you will know what past clients think about the company. You can as well as contact the Better Business Bureau and see if they have good ratings.

It is important to go to their website and check the legitimacy of the company before giving them business. A great timeshare resale company will hold a real estate license given by the state and which indicates that they are a full-time business. In order to check the validity of the licence, it is advisable to contact the estate licensing agency in your area.

Due to the increase of timeshare sells, there are many illegitimate companies that want to scam you. Watch out for companies that ask for your personal information including credit card and bank details, if they make unsolicited calls wanting to resell your timeshare, if they offer money back guarantees, and pressure you to make a quick decision on their offer. Some companies will pressure you to sell your timeshares so you can purchase more timeshare from them.

Before you hire a resale company, it is important to inquire what methods they will use to advertise and promote your property. You want to choose a company that advertises using local papers, internet, billboards, radio, and TVs. Using the right advertisement is a crucial factor when you are selling your timeshare in order to capture potential buyers.

Timeshare is not an investment, therefore, make sure that you price it correctly for a quick sale. Before you price your timeshare, do your homework and find out what other properties similar to your sell for at the same time period. Lower the price of your property than that of your competitors in order to attract more potential buyers.

Once you have narrowed your list of potential resale companies, make sure that they send you an offer in writing. Know the exact services that they will provide you before you make a final decision. A reputable company will provide you with a written contract that includes the cost of service and the time period when the contract will be in effect. Make sure that you read the fine prints carefully and understand the terms and conditions before making your payment.

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