Timeshares are great investments if you plan to vacation a lot throughout the year. However, it can also be a different story if you're looking to sell your timeshare. If you currently own a timeshare in Oyster Bay and would like to sell it, there are many approaches to take to go about selling it. Even though the issue of supply and demand will usually dictate what price you'll have to be willing to settle for, here are some great ways to begin trying to sell your Oyster Bay timeshare.
Instructions
Preparing to Sell Your Oyster Bay Timeshare
1. Before you advertise your Oyster Bay timeshare, do your research on other timeshares at your resort and around the area by finding out what prices they have sold for and what they're currently selling for.
2. While researching the selling prices of timeshares around your area, make note of and write down each one's final closing sale price instead of the advertised listing price. You'll need this information later on in order to help price your own timeshare.
3. Gather all the necessary pieces of information you have about your Oyster Bay timeshare. This includes knowing whether you have a Right-To-Use timeshare (RTU) or deeded ownership of the timeshare and gathering the proper documents for each, as putting together mortgage and tax information, if any exist.
4. Decide on a price for your timeshare, being sure to take into account the selling prices of other timeshares in your area, as well as the fact that you'll want to have a competitive selling price in order to actually finalize a deal. In other words, you may want to price your timeshare slightly lower than the average in order to have a better chance finding a buyer and actually selling.
Finding a Buyer and Selling Your Timeshare
5. Use free and low-cost advertising resources in order to advertise your timeshare in Oyster Bay. These advertising methods where you can post your timeshare for sale include internet classified ad pages and auction sites, like eBay.
6. Contact a timeshare resale broker and ask how much she would charge in order to advertise your timeshare and find a buyer for it. If her price is reasonable then you may consider listing your timeshare with her in order to sell.
7. Finally, use the home resort as a method for advertising your timeshare. Ask your home resort if you can post a flyer on its public or community bulletin boards, as well as anywhere else it may allow you to advertise.
8. Once a buyer has been found, be honest and thorough in answering all of their questions about your Oyster Bay timeshare. Show him the necessary timeshare documents and information that you gathered in Step 3.
9. Finalize the selling price with your buyer and close the deal. If you are not dealing with a cash transaction, there are several timeshare closing services that can help with the process.
Tags: your timeshare, Oyster timeshare, your Oyster timeshare, advertise your, price your