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What Is My Timeshare Worth
Assessing the current value of a timeshare can be a difficult task for owners looking to sell a timeshare on the resale market, but we’re here to help. Just evaluating the combination of variables alone can be challenging, whether it is unit configuration, the season in which you own your timeshare week, the specific week you own, or the location of your resort. Even the trading power of your resort with exchange companies such as RCI or Interval International can affect the value of a timeshare for sale.
Get Your Timeshare Market Value
The first step to figuring out your timeshare's value is to use our current market analysis calculator tool on the right side of this page. Just fill out the quick Market Analysis form on the right side of this page and our responsive technology platform will provide you with an average asking price for your particular resort from among the timeshares for sale on our website. Filling out our timeshare market analysis form is quick and easy. BuyaTimeshare.com gives you the tools and information you need to market your timeshare as the most-trusted online resale provider in the industry.
Variables That Affect Timeshare Worth
The second step to understanding your timeshare worth is to gather some information to give yourself a better understanding of what the market will bear for a valuation:
- Location – where is your resort located, and what is the visitor demand? The higher the demand, the higher the value.
- Location within the location – oceanview is not always oceanfront. The small details can make a difference.
- Season – what time of the year do you stay in your timeshare? The higher demand seasons will bring in the better valuation.
- Unit size – the most common unit configuration is 2-bedrooms according to ARDA.
- Type of ownership – fixed, floating or flex week? Annual or biennial?
- Resort brand – is your resort affiliated with a major hospitality brand?
- Resort amenities – the more a resort offers to the vacation experience, the better the value.
- Exchange value – check with your exchange company to find out the trading power of your ownership interval.
These items are a guide to help you assess the worth of your timeshare. They do not predict the future success of a timeshare sale, since that ultimately comes down to price and what an owner is willing to accept. Like any asset, the better the price, the better the chance it will sell.
This can be a time-consuming process, so you could sort through existing advertisements and try comparing your timeshare to others advertised for sale and see if you can arrive at a fair market value. Or, you can let us do the research for you.
To start with, a timeshare functions very differently from traditional real estate, even if it is a deeded week. There is no standard value assigned to each individual timeshare within a resort on the resale market because each timeshare differs in variables such as the week owned, season, unit size, number of bedrooms, etc. Therefore, the best way to begin determining a timeshare’s value is to use the free market analysis calculator on the right side of the page. This will show you the average asking price of other owners at your resort that own similar timeshare like yours.
Because it is often not necessary to obtain timeshare appraisals in order to sell your timeshare, be cautious of companies that offer such services for a fee. You should not have to pay for timeshare appraisals, unless it is legally required in the state in which your timeshare is located, and some companies use this as a way to tack extra fees onto their services.
BuyATimeshare - Experience Leads The Way
Here at BuyaTimeshare.com, we have the experience and resources to make the process easier for you and take the hassle out of trying to sell a timeshare. In business since 2000, we have spoken to literally thousands of timeshare owners over the years and we can help you steer through the information so you can establish a price that will lead to a sale.
If you need more assistance, be sure to reach out to us through the Contact Us tab at the top of the page, or @ 1-800-640-6886.