Buying a Timeshare Resale
Why Buy a Timeshare Resale?
Save Money
There is only one answer to the question "Why should I buy a timeshare resale?". Simply put, money! You can save thousands on buying a timeshare resale versus buying from a resort directly. In the majority of cases there is no difference. On some timeshares there are very small differences. It is seldom the difference outweighs the value of the amount of money being saved. However, it may to you. To learn whether there are differences at a specific resort it is best to contact our licensed timeshare resale agents. Our agents can go over any differences with you and help you decide what value they have for your specific vacation needs.
A timeshare resale is just a previously owned timeshare.
Like selling a car or house, title is sold to a new owner. When you buy a timeshare resale you are given the deed or any rights to use the property the previously owner purchased. The process isn't quite that simple, however working with a licensed timeshare resale broker like Premier Timeshare Resale with RE/MAX it will feel that simple. Our agents will do all the "hoop jumping" for you to get your timeshare purchase closed and transferred smoothly while satisfying all state and resort specific requirements.
The only time it makes sense to buy direct from a resort is if it is a new property and you can buy in at a pre-construction value. Timeshare resales are rarely found at a new resort until it is built and useable. Otherwise, a buying a timeshare resale is hands down the best way to go!
Where to Buy a Timeshare Resale?
Buy a timeshare resale with Premier Timeshare Resale with RE/MAX
Well, we may be biased, but we believe our knowledge and service is second to none and our past clients agree. You can read many of our actual client testimonials in the testimonial section of our website.
Service
At the bottom of every email correspondence with our agents you will find our motto... "Our promise is to devote our knowledge, energy and experience into meeting each clients specific needs, before, during and after the sale." We do our best to ensure this is true and our agents are reminded with every e-mail that their job is to work for you.
Giving Back
Additionally, when you buy a timeshare resale through Premier Timeshare Resale 1% of our commissions up to $5000 a year goes to granting a travel-related wish with Make-A-Wish Foundation. We also support many other charities and feature a Charity of the Month on blog. Let us know if you have a favorite charity you'd like us to feature.
Avoid Scams - Use a Licensed Broker or Agent
If you feel it is best to work with someone beside us, we respect your decision but strongly advise it is another licensed real estate agent/broker. The only way you have recourse if you are scammed is if you work with a licensed individual. Be diligent. Check the license status with the Division of Real Estate. Call the company published phone number online and ask about the individual. We can not stress the importance of this.
Currently, our industry is plagued by unethical scam artists. They post false ads online, pose as imposter companies and when you decide to purchase they act like an agent and request an earnest money or "good faith" deposit. Some even go as far as giving the names of licensed individuals at credible companies. This is why it is important not to call them back on numbers they provide but to look up the published company number and call and make sure they work there and are the person with whom you actually spoke or emailed. Please be cautious when buying a timeshare on the internet.
If you are a "do it yourself" type person you may consider buying a timeshare for sale by owner. There is nothing wrong with that as long as you are diligent to ensure they are not a scammer and educated in the process. Timeshares are similar to real estate transactions but not the same. There are additional paperwork and processes that need to be completed with the resort and different laws that apply to closing in different states. This is the reason many real estate agents won't handle timeshare resale and pass clients to companies who specialize in it.
It is important that if you are going to buy a timeshare for sale by owner that you are diligent in confirming the ownership type and research county records for CC&R's and any amendments to CC&R's that may have changed usage rules for specific weeks. Unfortunately, many timeshare owners don't know exactly what they own or sadly were told one thing from a resort salesman but the reality is they are deeded something different. We have had to help unwind several sales in the last few years that were advertised and sold at a premium price as a fixed specialty week and turned out to be a floating week. We also recently had issues with a week that was designated "ski" or "summer" season at one point in time but an amendment to the CC&R's changed that going forward from the date the amendment was recorded. The date the owner purchased now determines if the same week number is a one season or another. It can get rather complicated.
No Cost to Buyers for PTR Broker Services
We strongly advise working with a licensed individual who specializes in the resort you are interested in buying. The huge benefit to you will be the agent's expertise in timeshare resale. But aside from that, for sale by owner weeks are often overpriced and a licensed agent can almost always match the price you find or even get you a better price. It's not worth the hassle, stress or possible issues that can occur when you do it yourself. If you are educated, prepared and derive satisfaction from doing it on your own, then go for it! Just keep in mind, timeshares are often more complicated than most realize. There is no cost to buyers for our services as our fees are paid by the sellers. It's a "no- brainer". Put us to work for you today!
How to Buy a Timeshare Resale?
You can start by filing out our "Request Information" form and one of our agents will be in touch to help point you in the right direction. Once we find your ideal timeshare property we'll negotiate on your behalf and handle all communications with the seller, resort and closing/title agents. All purchases are made using Timeshare Purchase Agreements approved by the Real Estate Division's recommended attorney. All monies are held in third party trust and escrow accounts and not dispersed until the timeshare is recorded and transferred into the new owners name. There is no fee to buyers for our services.
Call or e-mail us today and get started buying a timeshare for your
family vacation needs!
