Pricing Timeshare For Resale
Types of Timeshare Resorts Determining Resale Price:
1. TYPICAL: This includes at least 95% of timeshares that can
viably be resold. The maximum resale prices average
approximately 30% to 50% of the developer new price.
2. SPECIAL: This includes Marriott, Hilton, Four Seasons, and
other major names where in addition to timeshare benefits, the
owner can use credits for other things such as airline tickets,
or accommodations in the chain's hotels worldwide. These special
type of units typically resell for 70% to 85% of the developer
new price.
3. MEXICO RESORTS: Depends on the city, but resale prices are
typically slightly lower than category one above, and since the
right to use is for a number of years, when the end is near the
price drops dramatically.
4. LITTLE OR NO DEMAND: There is very little demand for studio
units (no private bedroom), or for off-season (Non Red) weeks.
The honest truth is these can be nearly impossible to sell.
Don't focus on "what you will get out of it", rather, focus on "
what you are getting out of", which is the maintenance fees and
taxes which go on forever. Even if you net zero on the sale,
focus on the thousands of dollars you'll retain over a few years
by enjoying NOT having to pay out further ongoing maintenance
costs!
Regards and all the best with your sale.
Paul Martin http://www.howtosellmytimeshare.com