HOW TO GET OUT OF YOUR TIMESHARE WITHOUT SELLING

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A lot of timeshare owners are trying to sell their timeshare. In fact, there are thousands of timeshares listed for sale on eBay. The problem for you is that a great portion of these are incredibly nice timeshares and yet their owners are still unable to sell them. In fact, as Jason points out in the video less than 1% actually resell.

In fact, a good percentage of these cannot even be given away. The issue is not the timeshare per se, it's the fact that nobody wants the maintenance fees. All that a timeshare is is basically just ownership in open air. You are tied to a maintenance fee every single year and forced to vacation.

As Jason points out, this was a good thing back in the '70s, '80s, and '90s before the Internet but nowadays you can visit vacation websites on the internet and book incredibly cheap vacations to beautiful destinations. There is no need to be in a timeshare contract. Nobody wants it.

Long story short, this is a major reason why it is virtually impossible to sell your timeshare these days. Too many owners trying to give them away and not nearly enough buyers wanting to pick up fees. A far better solution (as Jason points out) is a simple timeshare transfer with a reputable company.

With a transfer, you make no money. In fact, you pay an upfront fee. However, that fee almost always ends up being far far less than what you will continue to pay over the next few years if you persist in trying to sell. You will not only keep paying the maintenance fees which average between $800 and $1200 per year for many owners but you'll also pay any fees associated with trying to list your timeshare for sale. In short, in the long run, a simple timeshare transfer almost always ends up costing you far less to get out of your timeshare.

This video is not intended as legal advice. Please consult qualified legal advice to consider your options.

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