What do you do with your unwanted timeshare?

It's not a question that many people ask at the beginning of their timeshare experience, but it's an important question that should have been addressed before you even signed on the dotted line. There are thousands of people every week who find themselves at a loss when they, for various reasons, have decided that they need to offload their timeshare. Some people even end up giving their timeshare opportunity away out of sheer desperation. But there is no need to panic; with a little help from the right people, you'll find that you can sell your timeshare with little or no hassle.

The first thing to do is to ensure that you steer clear of anyone who provides you with an offer that seems too good to be true. Generally, when it seems too good to be true, it is. There's always a catch, even if it's not always evident until it's too late. Secondly, avoid companies that promise to help you sell your timeshare but who charge large up front fees. Whilst you cannot expect to use the services of a third party without paying some sort of fee, you shouldn't have to hand over large amounts of cash before you've had any results.

Knowing how to sell a timeshare requires knowledge and experience of the timeshare world and there are reputable companies out there who act ethically, responsibly and efficiently in doing their job. A good sign that you are dealing with a reputable company is transparency in the fees charged. They should be able to tell you in advance what the charges are going to be and you should not have to pay the full amount until the sale is complete. The company should also have a clear policy regarding the various laws that apply within the EU relating to timeshare. A company that pays little respect to the law will also pay little respect to you as a customer. Membership of a professional body such as the Direct Marketing Association is also a good indicator that you are dealing with a respectable company.

Using a professional timeshare resale company can provided you with access to a pool of buyers that would be unreachable if trying to sell alone and can therefore maximise the sales potential of your property. In many cases, the increased sales price achieved through use of such a company can more than pay for the fees charged in the first instance. Not only will you get a quick sale at a good price, but you'll have the peace of mind that comes with knowing that all angles have been covered.