Getting stuck with a timeshare you no longer want can often seem like a bigger problem than it should be. Of course, timeshare resale companies can help advertise and sell your timeshare, but due to financial problems in Europe, it’s not always a quick process. Timeshare properties, like real estate, are a big financial commitment and finding the right buyer can take time.
However, it is the maintenance fees that are often the problem, if you no longer want or just walk out of your timeshare, you still have to pay these fees. Having spoken to a lady last week, he had spent almost a decade in his Anfi Tauro timeshare, but now sadly he can’t fly there and has to give them up. You are currently using a resale company to help with the sale, however in the meantime there are still those fees.
If you cannot give away your timeshare, or you are not satisfied with the exit solution given by the club, you can always list your timeshare for rent. As an idea, timeshare rental is really easy, you put up your week using a timeshare rental company and give a potential renter the opportunity to stay in your timeshare.
The benefits of doing this are worth it, especially when compared to the other option of neglecting your timeshare, but incurring costs. The total you get for the rental can be used to cover the cost of maintenance fees and the renter gets a week in a luxury apartment for much cheaper than the price of a vacation package. Timeshares, by their very nature, are larger and the resorts are designed to cater to those who come seeking the higher standards and greater variety of facilities for which they are known.
In addition to cheaper vacations, it also sets up a unique “try before you buy” scenario where those thinking of buying a timeshare can view the furnishings, facilities, resort, etc. without signing the pledge and without having the opportunity to see it. No introductions, no pressure to buy timeshares if you weren’t looking, and costs are covered.
There are different ways to host your rental timeshare, and with any real estate or timeshare deal, you should use your head when looking for companies. If you want to ensure that you are legally covered, then it is most beneficial to look for reputable timeshare reselling companies. The most important thing to consider is affiliations and memberships to industry regulatory bodies such as TATOC, RDO, or ARDA, depending on where in the world the company is located. Also, remember these important points, don’t get sucked in by companies that cold call, ask for big fees up front, and don’t have a visible presence on online search engines like Google.
