Seller’s, this section is for you!
If you are ready to sell your timeshare the last thing you need is a long, stressful process. Good news, we will sell it for you! Reading through these frequently asked questions will illustrate how easy it is to sell timeshare when you are working with a smart and reliable timeshare resale company like Elite Retreat Corporation. We have an experience staff and years of knowledge at our disposal to help you sell quickly. Quick, safe, and hassle-free! Its how selling a timeshare should be!
Do I need an Appraisal to Sell My Timeshare?
No, your timeshare property was not "appraised" when you purchased it and does not need to be appraised to sell it.
If I still have financing on my timeshare can I sell it?
Absolutely! The only stipulation is the pay off balance needs to be cleared before the property can change hands. For instance, say you still owe $8,000 on your timeshare; you will need to have that paid off before the deed or transfer of ownership can change hands.
How long does it take to Sell My Timeshare?
It is difficult to determine an average length of time that it will take property to sell. There are many factors that influence the process; the more important of which are: location, resort quality, flexibility, season and price. Just as a Real Estate Agent can not guarantee how quickly your home will sell, or you can not guarantee how quickly your car will sell if you ran an ad in the local paper, Elite Retreat Corporation can not guarantee how quickly your timeshare will sell.
What does Right of First Refusal (ROFR) mean?
When a seller and buyer come to a purchase agreement the resort at which the property is located has the first right to purchase the property for the agreed terms. If the resort enforces their right they will buy back the timeshare. If they waive their ROFR then you can proceed with the buyer.
Can I close my Timeshare if I lost my Deed or Certificate of Ownership?
Yes! Elite Retreat Corporation can contact the county courthouse and recover the deed. The fee for this is usually around US $25 or we can file a Lost Certificate Affidavit with the resort, if allowable.
How long does it take to close a Timeshare?
You can anticipate the closing to take between 6 to 10 weeks to complete the process.
What happens to my “Banked Time” if I Sell?
Once you deposit your week with the affiliated exchange company, the week is no longer affiliated with the resort. So the sale of the resort doesn't affect banked weeks. The banked time can be used or included with the sale if you wish.
One call to our Toll free number and you can reach any of our offices worldwide!
Call 800.558.2113 to sell or buy your timeshare.