It might be something you have been pondering for a while, but in the same way that investing in a timeshare in the first place is a big commitment, deciding to sell it also demands some considerable thought and attention.
Whether you are thinking of selling your vacation ownership or selling timeshare points, it can be hard to know when the right time is to sell, or if you are doing the right thing in the first place. If you find that you have been answering yes to some of the following questions, then this could well indicate that now is indeed a good time to think about selling.
Do you find that you do not get the same level of enjoyment out of the resort or destination as you once did? It is only natural that we change our ideas and views about things over time, and it could well be that somewhere we once loved may not hold the same appeal anymore. In this case, now could be a good time to think about selling your timeshare.
Is there another resort or destination that you have fallen in love with? You may decide to sell your timeshare in order to buy a new timeshare in another location, which you would like to get to know further or have started to favour.
Has your financial circumstances changed so that owning a timeshare is no longer a viable option? It might be that you can no longer afford to keep your timeshare or that you need the extra money for another purchase or investment, so selling it or selling timeshare points you have, may be the best way forward.
Has anything changed in your personal circumstances, which means that you are thinking about selling your timeshare? Maybe the timeshare no longer suits your family requirements, if children have grown up and moved away, or your relationship may have changed, for example. If this is the case, owning a timeshare may no longer suit your needs, so now could be the time to sell.
Are you not making the most of your timeshare allocation or allotted points? If you find that you just have not got the time anymore each year or are tied down to other commitments to use your timeshare, then you are probably not putting it to good use. You will also probably be wasting a lot of money on maintenance fees, which could be better spent elsewhere. Now well could be the time to sell your timeshare.
There may be lots of other factors involved in your decision making to sell your timeshare or not. Try to weigh up the pros and cons, and talk through your decision with an expert broker or organisation, who might be able to help clarify things for you.
- Wednesday, 12 November 2014 08:29