Getting stuck with a timeshare that you no longer want can often feel like a bigger problem than it should be. Of course, timeshare resales companies can help advertise and sell your timeshare, but because of the financial problems in Europe, it is not always a speedy process. Timeshare property, like real estate, are a large financial commitment and locating the ideal buyer can take time.
It is the maintenance fees that are so often the issue however, if you no longer want or simply get out to your timeshare you still have to pay these fees. Having spoken to one lady the last week, she had spent almost a decade staying at her Anfi Tauro timeshare but now unfortunately cannot fly our there and has to give them up. She is currently using a resale company to help the sale, however in the meantime there are still those fees.
If giving away your timeshare can’t be done, or you’re not content with the exit solution given by the club, you can always post your timeshare up for rental. As an idea, timeshare rentals is really easy, you put up your week using a timeshare rental company and give a potential renter the chance of staying at your timeshare.
The benefits of doing this are quite worthwhile, especially when weighed against the other option of having your timeshare neglected, but incurring costs. The total you get for the rental can be used to cover the cost of maintenance fees and the person renting gets a week away in a luxury apartment for a lot cheaper than the price of a package holiday. Timeshares by their very nature are larger and the resorts designed to cater for those who come looking for higher standards and greater choice of facilities they are known for.
In addition to a cheaper holiday, it also establishes a unique “try before you buy” scenario where those thinking about buying timeshare can see the furnishings, facilities, resort etc without signing up for the commitment without having the opportunity to see it. There are no presentations, no pressure to buy timeshares if you weren’t looking to, and costs are covered.
There are different ways of hosting your timeshare up for rental, and with any deals in real estate or timeshares you must use your head when looking for companies. If you want to ensure that you are covered legally then it is most beneficial to look at trusted timeshare resales companies. The most important things look out for are affiliations and memberships to the regulatory bodies in the industry such as TATOC, RDO or ARDA, depending where in the world the company is located. Also, remember these important points, do not get caught up with companies that cold call, ask for large fees at the start and have no visible presence online search engines like Google.