“I own a timeshare – how will I know it is a good time to sell it?”
Often a timeshare owner will get to the point where they decide it would be better to sell their timeshare than to keep paying their maintenance fees. Financial reasons are the reason most people give when explaining why they want to sell their timeshare. Circumstances in life may change such that it is no longer an affordable option.
Sometimes a change in family status may cause a timeshare owner to decide to sell. Divorce, death, or children “leaving the nest” could all be reasons why someone may decide to sell.
Owners may also become frustrated with their attempts to trade or exchange their timeshare through RCI or Interval International. The exchange process may not be living up to how they perceived it should work for them. As a result, out of frustration, an owner will decide to sell their timeshare since they cannot get an exchange that they desire.
There are situations where special assessments or increasing maintenance fees may persuade a timeshare owner to sell their timeshare. Timeshare owners do not often anticipate that their annual dues (maintenance fees and taxes) will increase. But often they will.
Ultimately, when a timeshare is not being used, it is time to sell it.
