How to Sell Timeshare Myself

!±8± How to Sell Timeshare Myself

Sometimes selling a piece of real estate, especially when selling a time share, can seem daunting and a bit overwhelming. Do you really need a real estate broker to carry out the task? Is it really it worth expending the extra cost and the often time very high commission rate they demand, which can be as much as 40% of the sale price for the share?

No. Thankfully, today there are more than sufficient resources available to the seller, such as internet access that offer numerous timeshare multiple listing services, where you can display your property, that it is now possible for you to broker the deal yourself with very little effort and in return add a little more profit to your pocket. If, however you are adamant about having someone else deal with the details, there are a few basic facts to keep in mind before making the decision on which broker should sell your timeshare.

Always contract a reputable broker when selling a timeshare. It is best not to employ the broker that represents the property where your time share is located. They will usually carry the highest commission rates and if they have multiple listings available at the location, your personal listing will be just one among many. Also, if the property still has new units available, the broker will be more inclined to try and sell the new listings first since they receive a higher commission for selling new listings and your unit could end up lost in the mire and forgotten.

Everything is negotiable. In today's real estate market this is truer than ever. If you decide to employ a broker, remember it is acceptable to haggle for a reasonable rate. If the first broker is unwilling to compromise, search around, there is definitely one that will be willing to cut their fees in order to attain the listing.

It is also wise for you not to be locked into an extended contract. You do not have to offer any one broker exclusive rights to sell your property for any length of time. You want to maintain the ability to seek other service providers if the broker does not deliver satisfactory results in a reasonable time frame. Armed with proper information and just a bit of work, you will be able to list your property at the best price for a quick and profitable sale.