What is the Market Value of My Timeshare?
Timeshares are notoriously difficult to price. There are too many of them on the resale market (and by too many, I mean millions). A quick Web search will yield you a list of thousands of timeshare for sale. Visit the Timeshare Users Group, and you’ll see hundreds of threads dedicated to selling, reselling and renting timeshares. Go on eBay or Redweek.com, and you’ll find more timeshares than ants in your backyard. In light of an overcrowded resale market, I’m going to share with you a few factors to consider, which will help you accurately gauge the price of your timeshare. Weeks – Is your timeshare a Red week or Blue week? In other words, is your week a peak week or an off-peak week? Knowing this will allow you to get an immediate gauge of your timeshare’s worth. To be blunt, the only timeshares that are going to have any major staying power are going to be the Red weeks. If you have a Blue week, be prepared to sell your timeshare at a thousand, and considerably less. Points – If you
