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| Subject:
Quick Sale of Timeshare Units
Category: Miscellaneous Asked by: screwedbyvcs-ga List Price: $50.00 |
Posted:
06 May 2005 10:03 PDT
Expires: 05 Jun 2005 10:03 PDT Question ID: 518520 |
I put my life savings into creating a company. When I ran out of money some VCs invested and took majority interest. They just turfed me out with no golden handshake. I have enough money to live for 3 to 4 months. I have to sell my timeshares. I have one timeshare in Maui and one in Myrtle Beach, SC. My son says he has looked and most web sites charge 30-40% commission, fee/month or fixed fee. No idea how effective the many sites are. I paid $5,000 for each timeshare, but I do not how to price them for sale. How should I go about selling them quickly and price effectively? |
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| There is no answer at this time. |
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| Subject:
Re: Quick Sale of Timeshare Units
From: siggy-ga on 06 May 2005 21:41 PDT |
(1) Do some thorough looking at a website called "TUG" -- TUG stands for "Timeshare Owners Group". They are at www.tug2.net. There is a discussion forum, which is free, but you need to obtain a password. Be advised, however, that even though the group is ostensibly for owners of timeshares -- in fact there are plenty of sellers who read, and sometimes post. It costs $15 a *year* to join. If you join, you can post your first ad for free. Each one thereafter costs something. (2) There is a "bluebook" here: http://www.triwest-timeshare.com/bluebook/ It has a search engine for many MLS (multiple listing system) listings of timeshares. If you plug in the names of your timeshares, one at a time, it will tell you how many are currently for sale (through that system), and how much is being asked. Be advised that timeshares, like houses, are almost always subject to barter. |
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