Resales

Through bad listing experiences and all out fraudulent activity this particular branch of the second hand market has gotten a very bad wrap in the last years. You’re most definitely going to want a well drafted sale agreement to safeguard your position within the transaction. When undergoing a resale, you are always best going through a reputable brokerage with years of timeshare/vacation property experience to successfully navigate your sale.

If you’re the one selling a broker will offer their services from the very beginning and will include listings, filter prospects, draft agreements, and establish escrow/title/closing company involvement. Best of all your dues are paid at the end of the transaction.

Resales are strongly looked down upon by most resorts, especially abroad where regulation is highly lacking. Resorts will always set forth requirements for sales within their original purchase contracts.

It’s also common for resorts to strip a membership from certain amenities upon transfer. Whether you are thinking of purchasing or selling you’re going to need to do your homework on the resort in question to ensure a smooth transaction.