Posting and Selling Your Timeshare
If you're not familiar with the process involved when selling your timeshare, not only can the procedure be daunting, but you may miss a couple of important steps. If you want to avoid some of these steps, we offer a full-service resale option.
If you prefer DIY, this step-by-step guide will help guide you through the process:
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Gather your documentation
Gather together your ownership documents to find out what you actually own. For example, is your timeshare deeded, right-to-use, or a club property?
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Understand your restrictions
Review your documents closely to see if you are legally required to give the original seller (or anyone else) the first right of refusal when selling your timeshare. Even if it is not specified in your ownership documents, you should contact your resort directly to make sure that you can post the timeshare for resale on your own.
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Understand your costs
Find out what transfer fees, if any, your resort charges when you transfer your ownership. Find out if they charge commission when you sell your unit, even if they weren't involved in the sale (you may be surprised to know that this DOES occasionally happen!).
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Understand restrictions on your buyer
Find out if there are any restrictions that will be imposed on your buyer for buying on the resale market. For example, with Marriott Vacation Club International, the resale buyer cannot participate in the Marriott Rewards program. It is important for you to understand this so you can fully communicate all benefits to your buyer.
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Post your timeshare resale on RedWeek.com
If you are choosing the DIY method, please review our posting dos and don'ts. When adding your timeshare resale posting to RedWeek.com, be sure to include as much detail as possible about what is included in the sale, including any restrictions, a description of the type of ownership being offered, exchange company membership, etc. It is also a good idea to include your own photos of the resort and the particular unit you are selling, if possible.
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Receive offers via email
When doing it yourself, interested parties will contact you via an email form on RedWeek.com, so make sure the email address we have for you is up-to-date, checked frequently, and doesn't have strict spam filters that cause you to miss legitimate inquiries. A copy of each inquiry sent to you will be stored in your Messages section on RedWeek.com, which should be checked frequently.
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Finalize the transaction
When you've found a buyer, we suggest using a title and escrow company to help you finalize the transfer.
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Deactivate your resale posting
Make sure to take your posting off RedWeek.com when the unit is no longer available for sale. While you're at it, make sure to remove any rental postings you may have added for the same unit, to avoid misleading buyers. You can do this through the Postings section of your Account.
That's it - congratulations! Please be sure to let us know how everything went.