assamdragon
newbie
want to sell my timeshare but don't have a clue what it's worth?
Wyndham doesn't take care of it. You would pay a closing company to prepare the deed and process the transfer. Paying Wyndham their transfer fee is part of the process. You can skip the closing company but only if you want to prepare the deed and do all of the county recordings yourself. If that is the case once you have recorded the new deed you would contact Wyndham and pay the transfer fee yourself.If you have a friend interested in buying one of your deeds, how do you go about getting the set up with Wyndham taken care of?
If you have a friend interested in buying one of your deeds, how do you go about getting the set up with Wyndham taken care of?
Unless you own at one of the top resorts (Westin, Hilton, Marriott, Hyatt, Disney) the typical value of your timeshare is probably 0-10% of what you paid for it.
To see the bottom line - go to timeshare sales on ebay and see what your timeshare is actually selling for (not just the advertised price.)
Well that was depressing. Just for grins I looked up Maui Lea at Maui Hill where we own. One unit sold for $375.00 and another for $1.00. These were both 2-bedroom summer units.
You can skip the closing company but only if you want to prepare the deed and do all of the county recordings yourself.
Unless you own at one of the top resorts (Westin, Hilton, Marriott, Hyatt, Disney) the typical value of your timeshare is probably 0-10% of what you paid for it.
To see the bottom line - go to timeshare sales on ebay and see what your timeshare is actually selling for (not just the advertised price.)
Timeshare sales on ebay: http://www.ebay.com/sch/Timeshares-for-Sale-/15897/i.html?_from=R40&_nkw=timeshare
Put the exact name of your timeshare in the search box.
When the results come up, scroll down and click on SOLD LISTINGS on the bottom left - to see the actually SELLING prices.
Thanks DeniseM, I now may do a sales presentation and I am going to show this web site to the very knowledgeable time share sales person!
One, in a far-distant land overseas, we simply abandoned. It quit being a timeshare & we quit paying annual fees. I assume we went from being delinquent to being non-owners via some sort of administrative or judicial process. We never received any communication from them -- no bills, no statements, no late notices, no collection letters, no judicial/administrative notifications, nothing. We're done with it & apparently it's done with us
You are correct, sir.I am assuming you are referring to one of the infamous South African properties that went from Tiger Traders to Feral Alley Cat.
want to sell my timeshare but don't have a clue what it's worth?
I'm hoping it has data on past sales prices. However, I can't seem to find it on the TUG website. Can somebody tell me where it is?
IMHO
that would represent asking price not sale price,
I have a fundamental difference opinion in the statistical accuracy of the TUG sales database .
YMMV
Well that was depressing. Just for grins I looked up Maui Lea at Maui Hill where we own. One unit sold for $375.00 and another for $1.00. These were both 2-bedroom summer units.
I can say with certainty that for one resort I'm very familiar with, the TUG data base doesn't reflect the reality of Timeshare world today.
Here's a link to a resort with that name on eBay. The higher numbers were rentals. Green were sold and black had no bids.
http://www.ebay.com/sch/i.html?_odk...rt&_nkw=Divi+little+bay+beach+resort&_sacat=0