Should You Sell a Timeshare Yourself or Use a Broker?

Generally, there are two ways to sell a timeshare. The first involves selling it yourself. The second involves letting a broker make the sale. Of course, this brings about the question which is the better strategy. Honestly, one method is not better than the other. They are simply different approaches with pros and cons. Rather than look at the cons, let’s examine the various pros. From this, you can decide which would be a better strategy to follow.

Selling a Time Share Yourself

There are no fees to pay if you perform your own sale. When you use the services of an agent, a percentage of the sale goes towards the commission. This is fair. The agent did make the sale. However, if you sell it yourself you can avoid these fees.

Many online services provide a gateway to a potential buyer. There are a host of online venues to promote your sale. That means you could avoid placing any costly classified advertisements in print.

You can set up a “virtual sales office” in minutes. There are a number of VOIP phone, fax and message services that cost next to nothing and can handle all business calls. This will not only protect your privacy, it will organize your venture.

Using a Broker

A broker does all the work for you. This means the broker shows the property, handles inquiries, and does all the legwork. This frees your time up and leaves all needed effort to a third party. Additionally, a broker has the infrastructure in place to make a sale. This eliminates a lot of wasted time and effort.

A broker is motivated by a commission. This ensures the broker will make the extra effort needed to make the most from the sale. Who knows? You may even end up with a higher asking price than expected.

A broker has a great deal of experience. Experience always makes a venture run smoothly. It is also an attribute that can never be replaced or substituted. That is why is has such value.

Which strategy is best? Really, the answer is up to you and it will be based on your own needs. So, do not think was method is better than the other. Instead, look for the method that appropriately fits your goals.