Options – Getting Started & Next Steps
There are many timeshare resale organizations in the market, and finding the right one to do business with can be overwhelming. This article will guide you in choosing the right timeshare resale company for you.
There are many resale scams, therefore, it is important to be certain that you are dealing with a reputable and trustworthy timeshare resale company. A good timeshare resale company will have membership with the Resort Development Organisation and you will have peace of mind knowing that they adhere to its code of ethics. Make sure you read reviews and testimonials from the resale company you are contemplating doing business with. Contact Better Business Bureau to check their ratings and see if there are any complaints against them.
Make sure that the company you use to sell your timeshare is properly licensed. A great timeshare resale company will hold a real estate license given by the state and which indicates that they are a full-time business. Make sure you contact the real estate licensing agency to verify that the information provided by the company is valid.
It is important to watch out for scam organizations whose motive is to take advantage of you. Some of the things that shows they are scammers include; if the resale company contacts you without an invitation, if they claim to have buyers waiting, if they ask for bank statements and credit card, and if they pressure you to make a quick decision. Scam companies will rush you into making a selling decision so you can purchase more timeshare.
Pay attention to the advertising methods that the company will use to sell get your property out there for potential buyers to see. You want to choose a company that advertises using local papers, internet, billboards, radio, and TVs. Using the right advertisement is a crucial factor when you are selling your timeshare in order to capture potential buyers.
Another tip for selling your timeshare is to price it competitively. Before you price your timeshare, do your homework and find out what other properties similar to your sell for at the same time period. Lower the price of your property than that of your competitors in order to attract more potential buyers.
Finally, a good resale company will give you an offer writing and send it by email. They should also give you a full description of the services that they will offer you before you make any informed decisions. A reputable company will provide you with a written contract that includes the cost of service and the time period when the contract will be in effect. Make sure that you read the fine prints carefully and understand the terms and conditions before making your payment.