Selling a timeshare in Colorado doesn’t have to be difficult, even if you live on the opposite end of the map. It’s just like selling anywhere else. So long as you know what to do, you can free yourself from the financial abyss that is timeshare ownership.
There are several avenues you can explore when looking to get rid of a timeshare, and we have outlined them for you. As former owners ourselves, we know how hard it can be to complete the task of selling your property. As such, we have written this brief guide with YOU in mind.
Sell Your Timeshare on Your Own
Before we get into specifics, we would like to warn timeshare owners that this method will test your patience (and sometimes your wallet). It will require a lot of heavy lifting on your end, but it can yield results. There are, after all, various methods for selling on your own.
Some people use newspaper classifieds in order to sell a timeshare property, and if you’re going to use this means we recommend taking out your listing in heavily touristed areas near where your property is located. The reason for this is that tourists are more inclined to be interested in your listing than natives — I mean, natives already live there. Research what papers charge in that area, as this method can get expensive fast once you factor in the cost of text per-line.
If newspapers sound too unreliable, you can always try selling your property on ebay. There is a market out there for timeshares, as you’ll see. This is both good and bad; good in that you’re likely to find a buyer, but bad in that it is a very competitive outlet. If you’re going to find a buyer, we suggest scoping out similar properties. See how much they are going for, paying attention to the ads with the most activity. Come up with a competitive price that stands a chance of fetching potential buyers, and be willing to take a loss on your original buying price; it won’t translate now that you’re selling.
Use a Resale Company
We personally recommend this outlet as it has proved the most reliable way to selling a property. When you resell a timeshare, you’re putting the hard work into the hands of experienced veterans who know the workings of the industry. As with anything else, there are precautions you need to take before making any decisions on who to work with.
When looking for a resale company, make sure they are legitimate. You can do this by researching the company online by visiting forums, reading testimonials, or making general inquiries with the company itself. For every reputable company out there, there are easily six fly-by-night operations only interested in one thing: divorcing you from your money, not your timeshare. Avoid any company that asks you to pay upfront fees, and ignore any one who promises a sale over night.
If you’re truly interested in selling your timeshare in Colorado, fill out the form on our homepage for a free consultation of your property. We deal directly with companies that have proven their reliability with helping owners get rid of timeshares, so you don’t have to worry.