Looking to move on from your timeshare in Florida? You’ve come to the right place! We understand that navigating the resale market can seem a bit daunting at first, which is why we’ve put together this handy guide on how to sell timeshare in Florida. From learning who to work with to avoiding common pitfalls, this guide will teach you everything you need to know about selling timeshare!
Can I Sell My Florida Timeshare?
Selling a timeshare may seem scary, and all the misinformation surrounding the resale market needs to be revised. Fortunately, this guide is here to help you separate fact from fiction. So, let’s start by making this clear: you can sell your Florida timeshare. Selling your vacation ownership is one of the safest ways to move on from it! We’ll cover how timeshare resales work and who to work with further below.
Who Will Buy My Timeshare?
One of the most common questions is, “Who will buy my timeshare?” A common misconception is that no one wants to buy timeshare resales. Fortunately, that’s not true! Many savvy buyers use the resale market. At Timeshares Only, we receive daily inquiries for resorts from timeshare companies like Hilton Grand Vacations, Disney Vacation Club, and Wyndham. Many people buy timeshares on the resale market because they’re often cheaper than buying timeshares directly from timeshare companies.
The first thing that we recommend you do before trying to sell your timeshare is to contact your developer. They may offer in-house exit programs or might be able to recommend a third-party company to help you. Many developers have solutions, such as the Holiday Inn Vacation Club‘s Horizons program, to help you eliminate your timeshare. Your developer may also suggest a vacation exchange to get more out of your ownership.
Gather Your Info
If you plan on selling a timeshare, you’ll also want to gather as much info on your ownership as possible. Any details about your timeshare contract, the original purchase, and how many points you own are vital. If you don’t have all this info, a licensed real estate brokerage can help you find it.
Responsible Exit
A great program to help you figure out the best way to sell your timeshare in Florida is the Coalition for Responsible Exit. ResponsibleExit.com is a resource that keeps up with industry news and seeks to help owners avoid scams. If you’re unsure of a company’s legitimacy or think you may have received a scam call about your Florida timeshare, Responsible Exit is the place to go. You can visit their website to find a trusted source for exiting your timeshare.
ARDA
The Coalition for Responsible Exit is a program that ARDA, the American Resort Development Association, offers. ARDA’s primary goal is to protect owners and timeshare developers. They have a strict Code of Ethics that includes standards for disclosure, resort management rules, guidelines for resale, and more. In addition, as a member of ARDA, Timeshares Only abides by that Code of Ethics, which allows us to be a trusted resource for owners.
Can I Cancel My Timeshare?
You may have heard of the term “timeshare cancellation” and wondered if exiting or canceling your timeshare is right for you. You may have even seen exit companies claiming it is a legitimate option. Often, those companies can help “cancel” your timeshare, but only after you pay any upfront fees. Unfortunately, many companies claiming that their lawyers can cancel your contract aren’t fully transparent with you. We advise that you avoid companies that require you to pay for legal help to cancel a timeshare. Timeshare contracts and deeds are legally binding and cannot simply be canceled.
Rescission Period for Your Timeshare in Florida
An exception to this is if you just recently bought your timeshare in Florida. Most timeshare contracts include a stipulated rescission period, which varies from state to state. This means the contract can be canceled for several days after signing. In Florida, this period is ten days, so if you’ve just purchased a timeshare, you’ll need to act quickly. If you aren’t in the rescission period, selling your timeshare is a great way to move on from your ownership.
How to Avoid Pitfalls in the Timeshare Resale Market
If you want to sell your Florida timeshare, it’s good to be aware of possible pitfalls. If you need clarification on whether you are working with a trustworthy organization, check with ARDA. They are a valuable resource to help keep yourself safe while navigating the timeshare resale process. Another useful resource for checking if a company is secure is the Better Business Bureau, a nonprofit organization that rates businesses based on their ethics. A company with a high ranking from the Better Business Bureau is one you can trust.
One scam that demands your utmost caution is when timeshare owners receive unsolicited calls from a person claiming they have found a buyer for their timeshare. It’s important to note that it’s illegal for a timeshare company to call you completely unsolicited, so be on your guard if this happens to you. Another pitfall to avoid is when timeshare owners are advised to stop paying their timeshare maintenance fees. It’s crucial to understand that when you are in the process of selling a timeshare, you should not stop paying your maintenance fees until the resort itself confirms the timeshare is out of your name. Failure to pay your maintenance fees on time can lead to serious consequences, potentially damaging your credit.
More Timeshare Scams to Avoid
We are fully aware of the abundance of timeshare scams, and you should be, too. We have put together many resources to help you avoid getting wrapped up in a scam. Here is some of the best information to help you sell your timeshare safely in Florida:
How Much Can I Sell My Timeshare for in Florida?
You may wonder how much money you can make by selling your timeshare in Florida. Ultimately, it depends! Resale prices vary for several reasons, like demand and your timeshare’s location. With that said, it’s essential to keep your expectations in check. Timeshares are a luxury item, meaning they depreciate in value after use. As a result, you should wait to enter the process expecting to make a profit from your timeshare. While you’re not guaranteed to make a profit, selling a timeshare does have its benefits. First, you’ll be able to step away from your ownership, and second, you’ll have the chance to recoup some costs. Ultimately, the choice is up to you to decide how much you want to sell your timeshare, but it’s good to consult experts.
Why You Should Sell Your Florida Timeshare With Timeshares Only
If you want to sell your Florida timeshare, you’ll want to work with a reputable resale company with plenty of experience. You’ll want to work with Timeshares Only. We have over 20 years of experience connecting owners, buyers, and renters so that people like you can sell timeshares. We’re also the featured reseller of ARDA, which means we work hard to keep everyone in the industry safe. Our services and programs have been designed to make selling a timeshare as efficient and convenient as possible. We also use cutting-edge marketing techniques that will help draw in buyers from around the world to help find a new owner for your timeshare.
How to Sell Your Timeshare in Florida With TSO
It would help if you did a few things to sell your timeshare in Florida. First, find a buyer! Many timeshares in Florida are with more prominent brands, including Hilton, Disney, and Wyndham, which makes using our services to post your timeshare for sale easy. Once your timeshare is posted for sale, we work to find a buyer. After an offer is made on your posting, we will put you in contact with a licensed real estate brokerage that can manage the final steps of the sale process once your name is removed from the ownership. Congratulations! You have sold your timeshare in Florida!
Sell Your Florida Timeshare Today!
Whether your timeshare property is fixed week or points-based, with two decades of experience and a proven track record, you can rest assured you’re in good hands with Timeshares Only. What are you waiting for? Sell your timeshare with Timeshares Only today!
Not Sure You Want to Sell Your Florida Timeshare?
Are you still on the fence about selling your Florida timeshare and don’t plan to use it for a while? Then consider renting your timeshare out instead! We can help you post your timeshare for rent on our online marketplace. This means you can put some money back in your pocket or help pay off your maintenance fees. Plus, it enables you to get some use out of your timeshare, even when you’re not using it. Click on the link below to get started! If you have any questions, please call us at 1-800-610-2734 or [email protected]. We’re always happy to help!
