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Timeshare resale market: Why are prices so low on it?

 Timeshare resale market: Why are prices so low on it?
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Most timeshare owners that want to get out of their timeshares, usually their first choice is to sell it, but selling a timeshare is not as easy as it sounds and barely holds a financial value on the resale market. On the other hand, the more savvy buyers have benefitted from the low prices and huge selection of the timeshare resale market. Read this article to know why are prices so low on the timeshare resale market.

 Buying a Timeshare on the resale market

You can find timeshares on the resale market for a lower price than the initial purchase price. But when you buy a timeshare on the resale market, you need to take in consideration that you don’t only have to pay the price, there are more costs involved, for example: the maintenance fees.

It is important to understand that timeshare is not an investment; you are only purchasing the right to use the property for a period of time.

Also read: Buy timeshares – What’s the big risk about it?

Selling a Timeshare on the resale market

As we know, there are no easy ways to sell a timeshare. One of the timeshare complaints is that they are almost impossible to sell.

Some people choose to sell their timeshares on eBay, but if you take a look, there are at least 1200 timeshare units listed, and the numbers are increasing every day. You can find timeshares for pennies, besides there is a big list of units.

Selling a timeshare takes time and is costly, that’s why many timeshare owners are scammed by timeshare resale companies. These companies ask you for an upfront fee, and as soon as they have your money, you won’t hear from them again.

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Also read: Where can I sell my timeshare?

Why are prices so low on the timeshare resale market?

Timeshares lose more than 50% of their original price at the moment timeshare agreement is signed.

The bad economy and the horrible reputation that timeshare properties have gained during years, represent the biggest difficulties when selling timeshares.

To understand why are prices so low on the timeshare resale market we need to know that the main reason is that the supply greatly exceeds the demand, which means it won’t be easy to sell a timeshare fast, and that’s why timeshare owners list their timeshares for a lower price than the original purchase price.

A big number of timeshare owners desperate to dump their properties because they can’t pay the maintenance fees or annual fees any more, choose to list their timeshares on the resale market. But the problem is that the resale value of the timeshare ownership is much less than the timeshare owner would expect.

The reality is that trying to sell a timeshare is nothing but a waste of time and money. If you are in this situation and need to give away of your timeshare, the best solution is to cancel the timeshare. Timeshare cancellation has many advantages, but the most important: no more payments.

 Contact Mexican Timeshare Solutions for a free consultation in your situation, so we can explain you how we can help you cancel your timeshare contract, best of all, you don’t have to pay any upfront fees. You pay until you are free of timeshare, this is our guarantee.

Information to Share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

 

Leave your comment below and share your opinion with us.To know more about the question why are prices so low on the timeshare resale market? go to:

Ebay Timeshare For Sale

How to sell a timeshare: Useful tips

Timeshare Sell now Scam

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17 Comments
  • Marah DanielaOctober 12, 2018, 11:17 pm

    Si hubieramos investigado un poco antes de comprar nuestro tiempo compartido con mayan palace, nos hubieramos dado cuenta que nadie quiere un tiempo compartido en estos dias, hasta los regalan, ahora que tenemos una membresia entendemos el porque, todo es una vil estafa y nada de lo que prometen es verdad

  • Marco Jr.May 22, 2018, 9:06 pm

    Actually nobody wants a timeshare membership! thats why exist many timeshare sales or rent in the market, for own experience timeshare is not a good investment at all, after many years we finally cancelled with MTS and the nightmare has ended , stay sharp and good luck, avoid timeshares.

  • Kailey AlannaJune 26, 2015, 4:03 pm

    This is a great inspiring article. I am pretty much pleased with your good work.Timeshare resales is a property with a particular form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week, and almost always the same time every year) in which they may use the property.

  • bobinorlandoMay 12, 2015, 10:08 am

    An educated owner is quite possibly the best defense against telemarketing fraudsters who try to con timeshare owners. To see what timeshares are actually selling for you can use Sharket.com. It's a free website that has researched resale history data on 1400 timeshare resorts. When you know the value of what you own you are in a better position to protect yourself against fraudsters. When you don't know the value, you can be tempted to fall for the con man who claims to have a buyer at a price so good that it seems to be too good to be true if only you will pay an upfront fee to the nice man on the telephone....

  • salomonFebruary 5, 2015, 12:28 am

    Why are prices so low on the timeshare resale market? because nobody want it ! really to have a timeshare is a no ending mountain of complaints, if you are thinking to acquire one pls do a research first, timeshare is not a simply thing, in this business involve alot the interest of the people,mainly the interests of the salespeople , i mean the people that sell timeshares, the only thing that really want is your money, are experts in the field, timeshares business is a total scam

  • GabrielaJanuary 5, 2015, 9:13 pm

    yo me imagino que es como las cosas usadas, la gente las remata porque es algo de lo que se quieren deshacer... y si se quieren deshacer es por algo, asi que mucho cuidado y mejor ni piensen en adquirir tiempos compartidos

  • Gloria DanielsDecember 20, 2014, 8:03 pm

    i know, at this point everyone must know that cheap prices are a completely scam!

  • Jorge MañonDecember 12, 2014, 7:41 pm

    si a los que estan bien entrenados les cuestra trabajo vender, imaginense a la gente comun y corriente desesperada por deshacerse de un grandisimo error...

  • ChristinaDecember 12, 2014, 6:49 pm

    i purchased a cheap timeshare, but when i wanted to use it, i couldn't!! i'm starting to think that it was a scam

  • Charles DelgadoDecember 11, 2014, 10:48 pm

    i think that people just want to get rid of their timeshare in any possible way, and that's why they rent it or sell it so cheap

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