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Selling Your Timeshare: Resale Options and Process
Resale means selling your timeshare to another buyer on the secondary market, an option that can work but often comes with low prices and a high risk of resale scams.
Overview
The secondary market for timeshares is soft. Many interests sell for a fraction of the original price, and some list for a nominal amount simply to transfer the obligation.
Resale can still make sense for desirable resorts or deeded weeks with genuine demand. The key is realistic pricing and avoiding upfront-fee resale scams that the FTC warns about.
Eligibility considerations
Whether this path fits depends on your specific circumstances. Common factors include:
- Your interest is transferable under the contract
- There is genuine buyer demand for your resort or week
- The account is current and free of liens
Potential advantages
Depending on your situation, this route may offer:
- May recover some value for sought-after properties
- Transfers the obligation to a willing buyer
- Keeps the interest out of default or foreclosure
Limitations to weigh
It is not right for everyone. Keep these limitations in mind:
- Market values are often far below the purchase price
- Selling can take a long time, if it happens at all
Risks and cautions
Understand the risks before you act:
- Upfront-fee resale scams are widespread
- Fake buyers who request "closing costs" or taxes in advance
Possible alternatives
If this path is not a fit, you might also explore:
- Deed-back or surrender if resale stalls
- Transfer or donation to a willing party
Documents to locate
Gathering these in advance helps clarify your options:
- Your deed or ownership certificate
- Recent maintenance-fee statements
- Details on your resort, week, or points
Process and next steps
A typical path forward looks like this:
- Research realistic resale values for your resort
- List through a reputable channel without large upfront fees
- Vet buyers and beware advance-fee requests
- Complete and record the transfer correctly
Sources & citations
- 1.FTC — Timeshares and Vacation Plans— Federal Trade Commission
- 2.CFPB — Consumer resources— Consumer Financial Protection Bureau
Written by
Exit My Share Editorial Team
Consumer Education Team
Reviewed by
Compliance Reviewer
Consumer-Protection & Compliance Review
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