Ebay Timeshares | Should I Buy, Sell, Rent Online?
While Ebay timeshares are convenient, cheap and offer a broad audience for timeshare sellers there are both pros and cons, or drawbacks for buying, selling or renting timeshares on Ebay or other online auctions or markets.
What Is A Resale Timeshare?
A resale timeshare, such as the timeshares for sale on Ebay or other online markets like Craigslist is a timeshare that another person purchased directly from the reseller but no longer wants and wants to resell, generally much cheaper than they purchased it originally for.
Pros Or Upsides
Buying your timeshare online through Ebay or other online markets such as Craigslist is much cheaper than purchasing timeshares from the developer directly due to the number of people wanting to get out of their timeshare contract quickly. Using Ebay to buy timeshares is also highly convenient.
Renting a timeshare through Ebay is also convenient, and because so many people want to rent their timeshares out to cover their maintenance fees, rentals are in abundance and easy to find.
Selling a timeshare through Ebay is great because it gives sellers or those wanting to rent their timeshares out a high volume of potential buyers or renters.
Cons Or Downsides
The fact that you are buying your timeshare online through Ebay means you won't be able to walk the resort before purchasing. You could drive to the resort and walk it first yourself, but by then the listing for sale on Ebay might be ended.
There are also limitations put on some timeshares that are sold on a resale market such as Ebay. Timeshare resale limitations are placed on timeshares by the resorts to persuade people to purchase directly through the resort itself rather than from a 3rd party.
Resale limitations usually limit some of the features or perks offered by the resort if the timeshare is sold resale. This means if you purchase timeshares online through Ebay or Craigslist you might be missing out on some of the features or perks that were originally available.
Each resort has different resale limitations or restrictions so be sure to check each resorts limitations before purchasing a timeshare on Ebay so that you know what you'll be losing out on by purchasing online and not directly through the developer or resort.
Need help understanding your timeshare better? Visit our FAQ Page on timeshares.