Desperate Owners Should Avail of Some Form of Timeshare Relief other than Reselling

Reselling timeshares is the most popular mode of timeshare relief today. Most timeshare owners who wish to get out of their timeshare contracts choose to sell their timeshares. This is to offset the expenses that they have incurred when they first bought their timeshares not to mention all of the maintenance fees as well as other timeshare bills paid by the owners over the years.

Nonetheless, the timeshare secondary market is currently inundated by timeshares from a multitude of owners who are reselling their vacation packages. Thus, finding buyers for a timeshare on resale is fairly difficult given the current timeshare resale environment. A simple search on any online public auctions on the Internet will turn up timeshares sold for ridiculously low prices, sometimes even for one dollar. The reason for this is the overwhelming supply of timeshares for resale which in classical economic theory would naturally drive prices to record lows. Worse, timeshare owners who are reselling their timeshares are not only competing with each other but are also competing with the timeshare developers themselves for the same set of consumers.

Thus, owners who wish to resell their timeshares must not expect that their timeshares will be sold in a given amount of time at a fixed price. The more desperate timeshare owners are best off by availing of some other form of timeshare relief in order to successfully get rid of their timeshare vacation packages. Those who opt to resell their timeshares must still be prepared to shoulder all timeshare bills, as they are still the responsibility of the timeshare owner until ownership is effectively conveyed to some other individual or party.