1. Get a solicitor /lawyer or transfer company involved who will handle the transfer of ownership. Get all of the paperwork ready needed to complete the transfer so that when you have a willing buyer, it’s just a case of ‘sign here and it’s yours’.

2. Get some pictures of your home resort, even if they are from the RCI brochure. Ideally photos you’ve taken yourself too. Don’t forget to include pictures of local famous attractions (e.g. disney). Get a flyer made up.
You can make up a flyeryourself quite easily using a word processor. One really great and very cheap way to get a professional sales sheet made up (like an estate agent’s listing) is to use a website called www.fiverr.com. Here you can search for graphic designers, give them the template below and someone will make up a flyer for you for just US$5 (about UK3!)

3. Send your flyer to everyone on your email list. Put it on your facebook/myspace pages (and get your friends to ‘like this’) Print off a quantity of flyers, stick them on your works notice board, get the kids to give them to their friends, put them on work noticeboards, school noticeboards, church notices, give them to friends, family, neighbours, everyone you can think of. Pub landlord, Newsagent, Post office windows, local shop windows… and of course on any notice boards in your home resort (if you are allowed). Next time you go on holiday to your home resort, don’t forget to give out flyers to every pub,restaurant and shop in the local area, not to mention to every other owner staying at the resort (again, if allowed / be conspicuous!)

4. Bidshares.com = free auction listing (see related post here: selling a timeshare on bidshares)

5. If Bidshares fails, ebay.com Costs about 50 to list with high visibility option. (see related post here: selling a timeshare on ebay)

6. Approach a sales representative at your home resort and tell them you want x for your week… and that they can keep anything over this amount that they can get from a prospective buyer (it’s suprising how many times this has worked – and gets a very quick sale!)

7. ADVANCED METHODS For those that are computer literate: (WARNING, sneaky, underhand tactics that your home resort will NOT LIKE! so don’t tell them where you heard this as I don’t want all the threats or hate mail!):

Google Adwords: Open a free google adwords account. They will take 5 from your bank account to activate the account. You can ‘bid’ on certain keywords. For example if your home resort is “abc resort” you can bid on this ‘keyword’ and usually pay only the minimum per click (about US$0.04 or UK 2 pence per click.) Bid ONLY on your resorts’ name so that when someone does a google search they will see your advert at the top of the page and click on it. This is what your advert should look like:

abc resort
DON’T BUY NEW
2 Bed Red Week 1,995!
www.(websitename).com

Set your budget limit to no more than $15 (UK10), you will get at least 500 people clicking on this advert, so you are bound to get some interest! (The resort may even find out and ask you to take down your advert, in which case ask them to help you sell your week /buy it off you in return )

You will need to have your sales page (flyer) put on a website page, you can do this for free by opening an account at google (Blogger.com) or WordPress (wordpress.com) or Squidoo.com. Make sure you name the free webpage “abc resort timeshare for resale only 1995″ and it will even come up as a result in the search engines too (=free visitors!)

Finally, be warned: this method may not please your home resorts’ sales team! So make sure that you offer your week to them first, or at least let them know that you are doing this and promise to take down the web page as soon as your week is sold.

8. If you can’t be bothered to try and sell it yourself, try doing a google search for ‘sell my timeshare’ or ‘selling my timeshare’. You will find plenty of companies in the sponsored (google adverts) section as well as the natural listings. Just remember that as a general rule, it is not a good idea to pay any sort of upfront fees, only pay on results, just like with a real estate agent.

——————————–
Example template (information to include on your flyer)
——————————–
Timeshare For Sale – 7,995 NEW : 1,995

RESERVE PRICE FOR QUICK SALE
BEST OFFER OVER RESERVE PRICE

AND BEFORE xx/xx/2010 GETS IT! CALL ME ON (Telephone number)

(Picture1) Picture2 (Picture3)

RED WEEK = CHOOSE ANY WEEK OF THE YEAR, EVERY YEAR, EXCHANGE FOR ANY LOCATION WORLDWIDE.

This wonderful timeshare unit has given me (and my family) several great holidays all over the world. Due to family health reasons I am reluctantly selling the unit to the highest bidder.

Using the RCI Timeshare Exchange membership means that I have been able to take a one week holiday each year in a 2 bedroom LUXURY apartment or villa (sleeps 6). Not only that but there are many ‘bonus’ holiday weeks that become available so you are not just getting one week per year but SEVERAL weeks!

Compare this with taking a typical EXPENSIVE 3* holiday package tour!

* LUXURY self-catering apartment or villa Sleeps 6 * BEST on-site facilities and service * Pay only for flights (any airline) and a maintenance fee each year (currently x) + Exchange fee (x) * ANY WEEK of the Year * ANY LOCATION fromx countries * NO SUPPLEMENTS OR SURCHARGES – maintenance fees and exchange fees are per week, not per person.

The savings we have made using this timeshare have far exceeded the original cost. And we’ve been to some simply amazing QUALITY accommodation (no more ‘luck’ involved, you simply get the best available accommodation in any region).

In a nutshell you get a guaranteed luxury holiday for you and your family every year. You are NOT stuck with the home resort (which by the way is superb)…

You can take your luxury week holiday ANYTIME of the year and ANYWHERE you want to go.

About the home resort:

Your deed of ownership will be for week number x (dates), unit x in the (name) resort in (location). This deed of ownership will be transfered to your name by xyz transfer lawyers, the cost of which is included in the sales price. If you wish to take advantage of the timeshare exchange system so that you can swap it for other timeshares throughout the world, you will need to join RCI (I will provide details) at a cost of xxx for five year membership

(Picture 4) picture 5 (picture 6) Unit Description

On-Site Facilities

————————————————

Good Luck!

Owning a time share resale property implies the individual or individuals have access to their time share at a particular time during the year. The rationele being that they just own a portion of the property. Others with ownership in this property can also be utilising this unit throughout the year.

So, are you still up for purchasing a time share resale property? There exist a couple of realities you had better understand concerning time share resale property costs and timeshare types. When purchasing a time share resale property for sale, it’s significant to understand that the buyer is required to pay an equal percentage of the property, if purchasing a new time share resale unit. For those units that are occasionally sold by the developers, you may find there is financing available.

Still, if purchasing a time share resale property, the purchaser is in all likelihood expected to pay cash. It’s also necessary to know when entering into buying a time share resale property for sale that as a buyer, the person is required to partake in the annual costs for taxes, upkeep and possibly management fees as well.

Considering time share resale property types, there exist several when deciding on a timeshare types. A fixed property or deeded timeshare allows for the purchaser to receive a title which tells the particular time of year they have access to the unit. There’s also a float me time understanding. This alternative allows for some flexibility involving dates. This type of time share resale property expects the buyers to make a booking for use.

There’s also a right-to-use-timeshare option in some cases. This time share resale property is in reality a term of a contract or lease. When investing in this type of time share resale property, the buyer must know that when this lease is complete, your rights to the unit end. There are also time share resale property plans formed which are based on points. Time share resale property buyers can choose from various vacation destinations.

Whenever you’re purchasing a time share resale property for sale, be sure to do your preparation. It would be dreadful to go into an ownership arrangement without appropriate knowledge of how the procedure does work.

There are a few different types of time share ownership, so first lets define what those are:

Fixed: a fixed timeshare is exactly as it sounds, a fixed time usually a week or more. Typically the resort will use a normal annual calendar and sell the use of a particular unit by week number. If, for example, you owned week #1 and 2, that typically means you have your unit for the first two weeks of the year, each year, meaning the first 2 weeks in January.

Floating: A floating timeshare is still a fixed amount of time, but the specific dates are what is actually floating. With floating timeshares, the owner owns a number of days or weeks, lets say for this example 7 days, or one week. That week will typically have some indication of when it may be used, for example one summer week, defined by the constraints of the calendar season summer. The owner then must reserve which week he or she wants during the summer. There is usually great competition for the holiday weeks, so often a floating timeshare will be exclusive of the holiday weeks, as those will typically be sold as fixed timeshare weeks, often at a much greater price.

Rotating: a rotating timeshare is designed to combine the advantages of the floating timeshare and the fixed. The owner knows which week is his or hers in advance, but it will vary to give each owner equal chance at having the holiday week. The rotation can go either forward or back on the calendar and season, rotating through all owners.

Now within those three types of timeshares there are two types of ownership: deeded and right to use. You can probably guess the difference just by the name. The deeded timeshare means you actually own a fraction of real property, to be bought and/or sold under the community by-laws as an owner pleases. The right to use contract is just that, you have bought the right to use the property for a specified amount of time, over a period of time, most often measured in number of years. At the end of that number of years the timeshare owner no longer has rights of that unit, its facilities and time slot.

Now timeshares have grown so in popularity they have spread into other industries. When it originated it was primarily just resorts, and typically those with a more apartment-style accommodations. Now you can buy a timeshare on a cruise ship, a timeshare of a campground, even a timeshare of a yacht or high end private jet. But the business model says the same. You are purchasing a slice of time/ownership of that entity for your own use and pleasure. And, depending on the type of ownership you have, can share that with friends and family, and in some cases even sell it to someone else to use.

Whatever timeshare you select, just make sure you have someone you trust advise you in the purchase, especially if it is your first time. You will be, once the contract is signed, legally bound to that ownership with all its rights and responsibilities. You are essentially tied to that contract until it ends by a date, or its sale, or other designated end of the agreement. So make sure you do your homework and research that the company has a history of good solid reputation in the industry. Then, when all your due diligence is done, enjoy it to the fullest!