Here you will find the most frequently asked questions asked by timeshare sellers.

Is it necessary to get an appraisal on my timeshare? No. Appraisals are not required to sell your timeshare. However, it’s important to learn your timeshare’s market value before placing it for sale.

How long can I expect it to take for my timeshare to sell? Although no one can predict how long it will take to sell your timeshare, time on market depends on your resort’s location, amenities, unit size, type of ownership, season of ownership, and general appeal in the marketplace.

What time of year is the best time to place my timeshare for sale? Put simply, the best time to place your timeshare for sale is when you are ready to sell it. There is no particular time of year that will benefit the owner more over another time of year. Every day your timeshare is not on the market is a day your buyer could surface. Don’t hold off. If you want your timeshare sold, don’t waste time – list your timeshare now.

What happens to my banked weeks when I sell my timeshare? At the time you deposit weeks with your exchange company, the deposited weeks are removed from the resort, and placed with your exchange company for your use. If you have banked weeks with your exchange company, they remain in your possession for your use, even after the sale has been completed.

Do I need a real estate broker to complete the sale of my timeshare? It is not a requirement for you to use a real estate broker in the sale of your timeshare. At the time you have located your buyer, the professionals at Timeshare Giant can advise on the necessary steps to take to complete the sale. However, for those who don’t want to be involved with the details of the transaction, it is perfectly acceptable to enlist the services of a licensed broker to assist in the transaction. For those who want broker representation, Preferred Timeshare Resales is available to assist for a fee.

Is my timeshare sellable if I have a loan on it? Yes, your timeshare is sellable if you have a loan on it. If the loan is attached to the timeshare itself, the loan must be paid off prior to transferring the timeshare to the purchaser.

Is a lawyer or escrow company necessary in selling my timeshare? To protect you and your buyer from legal liability, we recommend the use of a title and escrow company to assist in completing the transaction. Once you have located a buyer, Timeshare Giant can recommend the use of a reputable title and escrow company to handle your transfer process. Title & Escrow companies will conduct the entire closing process, including escrow, transfer fees, estoppels, closing statements, and any other procedures in connection with safely transferring ownership of your timeshare.

Once I’ve located a buyer for my timeshare, how long can I expect the escrow/transfer process to take? Typically, you can expect the transfer process to take 45-90 days to complete. In some circumstances, the transfer process can take less than 45 days.

What is a Right of First Refusal? If your resort developer has a right of first refusal policy, the resort reserves the right to purchase the timeshare under the same terms and conditions which the buyer and seller have agreed, or it will waive its right of first refusal, thereby allowing the buyer and seller to continue consummating their transaction.

I have lost or misplaced my timeshare deed. Can I sell my timeshare without it? Yes. In most cases, the escrow company can obtain a copy of your deed from the county in which your deed was recorded.