Sell My Timeshare Or Rent Out The Unused Week?
You Must Take Heavy Losses If You Sell
One fact that you cannot escape when it comes to selling timeshares are the heavy fees. If you sell your timeshare you will take a huge loss and not make anywhere near what you paid for it initially due to the fact that 99% of the companies charge hefty fees to sell the timeshare off.
Not only will you have taken a huge loss upon getting rid of it, you will be depriving yourself and your family from quality vacations for generations to come. This makes selling your timeshare off a lose/lose scenario all around. Why pay money to sell it to unload it after you already have it?
Selling Vs Renting It Out
Renting your timeshare out instead of selling it or getting rid of it can give you residual income to cover your maintenance fees and still allow you to use it whenever you like which is a huge bonus!
If you just want to get rid of your timeshare and be done with it, selling is still the best option and there are numerous companies who can help you with the process to sell it resale. Can you sell your timeshare back to the resort? Rarely, but usually you have to sell it resale.
If you do wish to sell your timeshare make sure read our How To Avoid Scams page so that you know what to look for and don't get ripped off with promises to sell your timeshare.
Need help understanding your timeshare better? Visit our FAQ Page on timeshares.