Time Share

[BlackHawkPaul]

So....



My mom calls me last night and wants to sell her 4 weeks of time share.

2 weeks in the Keys, 2 weeks in St. Martin.



My problem is-- I have no clue how to sell time shares, and I have no clue what's a reputable way of finding buyers for this.

Of course they want to sell in this economy, but they have had them for years, so I know they'd rather have them off their hands than to make a huge profit.



Anyone own, or have dealt with time shares, or know anyone who has?

I'm very uneducated on the subject, so any advice helps.

 

[Tater]

I'm sorry I can't be of any help here, but can I ask which island it is in the keys?

 

[BlackHawkPaul]

Key West. I went down there in 1999, and the place was awesome.

 

[Ymono37]

Key West. I went down there in 1999, and the place was awesome.

Might talk to the Mills - they're planning a Key West Trip for September...

 

[winos5]

My link



Apparently the re-sale industry of time shares is rife with scams. I'd recommend caution and a healthy dose of scepticism when approaching this.



Also should consider renting it.



Hope that helps.

 

[BigPete]

If they did it through an association or big company (RCI, Marriott, Hyatt, Hilton, Wyndham, Disney, etc) then I would think they would need to consult them on the sale or closure of their account. My mom has an account through Wyndham and my sister has one through RCI. I don't know that they would have to find a 'buyer' if they couldn't pay the ownership fees anymore. I would do some research on how they bought it and also on the big companies that I mentioned.



Are they Vacation Owners or do they co own a property in those locations you mentioned?

 

[BlackHawkPaul]

If they did it through an association or big company (RCI, Marriott, Hyatt, Hilton, Wyndham, Disney, etc) then I would think they would need to consult them on the sale or closure of their account. My mom has an account through Wyndham and my sister has one through RCI. I don't know that they would have to find a 'buyer' if they couldn't pay the ownership fees anymore. I would do some research on how they bought it and also on the big companies that I mentioned.



Are they Vacation Owners or do they co own a property in those locations you mentioned?

I know the Key West location is Hyatt.



Hyatt Sunset Harbor