How To Sell Timeshare: Secondary Ownership Group

The Difference
Canada's Timeshare & Vacation Ownership Reseller: Listing your timeshares or vacation ownership for resale in a newspaper or just on a website today is not enough. We believe that timeshare resale's and vacation ownerships need live agents to be able to turn true opportunities into sales. How To Sell Timeshare, a division of Secondary Ownership Group, offers full time sales agents who work one on one with our customers, creating a "win" situation between buyers and sellers. As Canada's largest and ONLY timeshare and vacation ownership reseller, we have designed programs best suited to meet our client’s timeshare and vacation ownership needs. We have a team of highly trained, full time agents that solely focuses on the timeshare and vacation ownership industry, along with aggressive marketing that includes powerfull web search engines, E-marketing campaigns, newspapers ads, magazine ads, print materials, flyers and brochures. How To Sell Timeshare also has a full service transfer administration team to help out with the closing of your interval so your transaction can go stress and problem free.

Resale Checklist

Before selling your timeshare, make sure that you have your paperwork in order. The following checklist should help.
•the name, address, and phone number of the resort
•the deed, and the contract or membership agreement which clearly identifies the timeshare you own
•the financing agreement (if you are still paying for the property)—remember you’ll have to pay this off before you can transfer your timeshare to a new owner
•any title insurance information
•any other information to identify clearly your particular interest or membership
•the exchange company affiliation
•the amount and due date of your maintenance fee, and whether it has been paid for the current year
•the amount of real estate taxes (if billed separately), the due date, and whether they have yet been paid for the current year
•the date your timeshare will next become available for use by a new owner or when a new owner can first make a reservation
•whether or not your timeshare is a fixed week and/or unit or requires an advance reservation (a floating or flex-time timeshare)

Laws for selling timeshare
Make sure you Know who can legally sell your timeshare or vacation ownership for you, and who can not. For example it is the Law in the United States that the companies who can sell your timeshare or vacation ownership for you must be a licensed real estate broker. Whether you own a timeshare deed or not and whether your timeshare is in the U.S. or not, if the selling company is in the United States, they again must be a licensed real estate broker. (You can tell if they are legally licensed by looking at their terms & Conditions located at the bottom of the web page.) If not they’re nothing more than an advertising agency. They can put an ad on the internet with a web page, and wish you luck. If a buyer calls them, they legally cannot answer questions about the timeshare or vacation ownership on your behalf. They cannot collect a deposit on your behalf. In other words all they can do is give the caller your phone contact info and leave you to deal with them. Also beware of companies calling you out of the blue claiming they have your timeshare sold, they do not.

Here is an excerpt of the typical Terms and Conditions from the Top US websites according to the leading internet search engines.

1, "Company A" does not personally assist you in the sale/rental of your Timeshare, including (but not limited to) showing your property, other than by posting on this Web Site the property descriptions and photographs provided by you, our Advertiser.

2, “Company A" is a For-Sale-By-Owner advertising company that is not a real estate broker. The advertising program involves pooling advertising resources to maximize exposure to potential buyers or renters.

3, “Company A” forwards all inquires about my property directly to me, and allows me to negotiate the sale of my property without the involvement of any broker,
and without any commission.

For a complete list of Timeshare Resales for sale, click the Secondary Ownership Group link!

Why consumers buy
Spacious, high-quality accommodations. A Timeshare resale is truly a home away from home, the high quality of timeshare and timeshare resales and vacation ownership accommodations offered at timeshare and vacation ownership resorts typically include: Spacious floor plans and home-like amenities, Compared with traditional hospitality accommodations, Flexibility and space, Studio units to spacious three bedroom villas, Fully equipped kitchen with dining area, Washer and dryer, Stereo, Televisions, DVD players, VCRs and more.

How vacation ownership works
Vacation Ownership and Timeshare takes the hassle out of second home ownership. You purchase your future vacations at today’s prices and for just the time you need. Make a one-time purchase of furnished resort accommodations at a fraction of whole ownership costs and pay an annual maintenance fee. Each unit of a timeshare or Vacation Ownership resort is divided into intervals most commonly by the week or some other combination of days. Often the amount of time you purchase is expressed in terms of "points"– a popular trend that is aimed at increasing the range of options for the use of your Timeshare Interval.

In a majority of resorts today, your vacation ownership interest will include a deeded interest in real estate. Other timeshare or vacation ownership programs do not include an interest in real property, but are structured more like a membership. How you actually use your timeshare vacation is generally not affected by the absence or presence of a real estate interest.

The accommodations are priced according to a variety of factors, including size of the unit, resort amenities, location, and season of use. You own thevacation accommodations but only for the amount of time you choose – typically one or two weeks each year for a traditional timeshare. There are other types of timeshare resales or vacation ownership resale programs, such as fractionals, offering longer use periods (as long as three months), but these are priced much more like a traditional vacation home.

Vacation exchange
Excitement, Adventure, and Luxury: Vacation Ownership and Timeshare resales offers a lifetime of exciting travel adventures and luxurious services through exchange programs.

Variety:
From ski slopes to beaches, spas to luxury cruise ships, modern cities to quaint villages, championship golf courses to dude ranches, exchange offers a variety of vacation experiences. And accommodation choices abound, with villas, efficiencies, condominiums, cabins, and more. Timeshare resales is the way to vacation

How it works:
You trade your interval or week for new and different vacation experiences at comparable resorts across the country and around the world. Many resorts offer owners the opportunity to exchange their timeshare or vacation ownership to another resort within the home resort’s own portfolio of properties. Most resorts are also affiliated with an independent exchange company that orchestrates exchanges to other resorts on behalf of members. To exchange, the owner places his or her interval into the exchange company’s pool of available resort weeks and chooses an available resort and week from that pool. The exchange companies charge an exchange fee plus an annual membership fee. Often the resort developer pays the new owner’s first year membership fee.