Global Resorts Blog Network

How to sell my timeshare is definitely the major thought of most British Timeshare owners at the moment after the rising costs of maintenance fees in the last 24 months . Especially with the large companies in Europe like Diamond ( Used to be Sunterra) or Petchy. According to news articles these large companies are constantly hiking up fees.

With the weakening of the pound against the Euro some timeshare owners have literally seen their
mainenance fees triple since original purchase! This is definitely bad news for timeshare owners that have many weeks for sale especially if they are in large units such as 2 bed or larger apartments.

Generally a 2 bed apartment in most European locations will cost as much as £500 maintenance per week. So if you multiply that by 3 or 4 weeks then add the increase percentage wise based on the euro against the pound then many timeshare owners end up paying in excess of £2000 plus per year.

This is where the problem lies because they have all signed up for life! So the biggest question of all invariably ends up being "How can I sell my timeshare?”

If your maintenance fees are extremely high then its not a case of how can I sell my timeshare anymore it’s more of a case of how can i get rid it !

There are a number of different options you could take:

1) Register your timeshare on EBay. In some cases timeshare owners are literally giving them away on Ebay so the competition is quite high but the cost is very low

2)Register with a resale company. Based on the feedback from many timeshare owners like us, we have determined that the timeshare resale agencies dont actually do much to advertise the weeks because they generally have small budgets. They do sell an amount of timeshare resales but
the percentage they sell compared to the amount of timeshare they have for sale is very low so be prepared for a long wait !

3) There are a number of holiday clubs in the UK that are prepared to take your timeshare off your hands as a trade in against membership to their club. If you still like taking holidays but you have had enough of your timeshare then this could be a good option. There is a cost involved but if you offset that against the rising costs of maintenance then it makes a lot of sense financially.

4) Sell to friends or family. It’s always worth investigating what friends and family are spending on their holidays each year because they might just be pleasantly surprised how much you could actually save them by selling them your timeshare.

5) If you work for a large organization then it's possibly worth setting up a raffle for the ownership of your timeshare i.e. winner takes all. Selling each ticket for 10 pounds or there abouts should make it easy to sell loads . You wouldn’t have to sell many tickets to raise £2000 .It will take a little work on your part but it all depends on how desperate you are to sell your timeshare.

If you are still asking How can I sell My Timeshare? It may be worth while if you follow a proven formula that has worked for many other timeshare owners. Check out the sellmytimeshare helpline for more advice.