Why are so many people drawn to vacation ownership? For one thing, it is an incredibly affordable way to vacation. You can purchase a timeshare at a resort of your choice for a lifetime of vacations that include luxury accommodations, a plethora of incredible amenities and services, and the ability to exchange your week for a vacation virtually anywhere else in the world. Additionally, you have guaranteed accommodations every year. And without having to worry about booking a vacation or the inflation prices of hotels.
However, times change, and you may find yourself with a timeshare that you once loved but no longer use. This can sometimes happen because of lifestyle changes or any unforeseen circumstances. If you want the best way to get rid of your timeshare, there are a number of options for you to consider.
Transfer Timeshare to Family
The first choice is to find a family member or friend that may be interested in taking advantage of your unused ownership. There are many timeshare transfer companies that specialize in legally transitioning ownership to friends or family members. There are fees involved in this process but they?re pretty minimal. And it?ll give you peace of mind knowing your timeshare is off your hands and being loved.
Sell Timeshare on the Secondary Market
Did you know you can sell timeshares? There are dozens of websites out there that are helping timeshare owners to sell their timeshare. It takes place on the secondary market. However, you need to be careful about which timeshare resale site you trust. Many are either not legitimate, or won’t offer the reach that you need. Companies that reach a global audience offer the best opportunities to get your timeshare sold.
Look for online marketplaces that specialize in selling timeshares, but be very careful of the terms they’ll offer. You may get a lot less than what you paid for it. While a lot of people think you can sell timeshare on eBay, you won’t be getting the same reach or assistance from informed, seasoned specialists will give you.
Donate Your Timeshare
Timeshare donation is good for people who are not interested in getting any money back on their timeshare but want to unload the burden of ownership. There are no fees to do this if your timeshare is qualified. And depending on where you live and where your timeshare is located, you might also get the opportunity to claim the donation on your taxes!
Final Thoughts on How to Get Rid of Your Timeshare For Good
All the above methods are legitimate options to consider when you want to get rid of your timeshare. What it really comes down to is you, your family, and your ownership situation to determine which method is best.