How to Resale Your Timeshare

What is a "Timeshare"?

Simply put, a timeshare is the pre-purchase of future vacations. Time shares are for specific periods of time, generally one week, at specific vacation destinations and like any other commodity, can be bought, sold, and traded.

Why would anyone buy or sell a timeshare property?

Timeshares are more flexible than a normal hotel-based family vacation. Timeshares are condo style layouts, usually fully furnished with kitchens, large living areas, entertainment and fitness centers, and lots of room and sleeping options for family or friends. One of the biggest perks of time shares is their resale potential. Being able to exchange a vacation week in one resort for that in another resort adds incredible flexibility and spice to your vacation planning. You can buy a timeshare property at a Hawaii Resort and use the week at any resort around the world.

How does a timeshare program work?

Owning a timeshare is like owning a condominium for a limited amount of time or owning the one week per year. The form of ownership can be different, but is basically a resale membership in a club where you can have different time periods or weeks and exchange at other vacation resorts. Most timeshares are either "fixed" or "floating". Fixed time is for a specific week, whereas floating is extremely flexible and depends on other club members' desires and unit availability.

“Selling my Timeshare for Cash”

Several factors are used to determine your cash value of a timeshare, such as

• Is the timeshare week a fixed or floating time period?
• What are the stipulations with using the week or trading the week at other vacation destinations.
• What is the demand of your resort property or location? Timeshare supply and demand come into play.

Trading Timeshare Weeks

After you have become a timeshare owner, you can start to plan vacation trips around the world. You will find that your "home" timeshare resort is probably the most convenient, but don't forget about the incredible opportunities to trade or use the exchange system. Depending on where and when you buy your timeshare, you may have an amazing diversity of opportunities for staying at other timeshare resorts. No matter what your choice, to either stay at your owned timeshare, utilize the trading opportunities or resale your timeshare, you will enjoy the flexibility offered by timeshares.