How to Sell an Aruba Timeshare
Perhaps buying that cute little time-share in Aruba seemed like a good idea at the time, but now you're ready to see more of the world. Selling a timeshare doesn't have to be a headache-inducing process, but it can be if you don't go about it the right way. Learn proven tips and strategies to speed up the selling process and get that Aruba timeshare sold for the best possible price.
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Instructions
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Evaluate your options. Decide whether it's more important to sell quickly or get your money back. It's doubtful you can have your cake and eat it, too. If you decide you want to sell it as soon as possible, then you'll have to keep the price low. In order to decide upon a suitable price, check around see how much similar timeshares in Aruba are going for. If there is nothing that makes yours better than the rest (i.e. location, peak season dates or topnotch upkeep), then you will want to offer a lower price to guarantee buyer interest. If your property is better, however, accentuate the positives. For instance, individuals who own timeshares at highly sought after resorts such as Marriott's Aruba Ocean Club or Costa Linda Beach Resort tend to sell them faster and get higher prices
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Use different approaches. If you're more concerned with getting your money back you will have to take a different approach. Decide on an amount you are comfortable selling your Aruba timeshare for. In many instances, timeshares are harder to sell because you are not selling that whole property, but a time to use it.
With that in mind, you want to list your Aruba timeshare in as many places as possible. Your best bet may be to list with a real estate company who can work with you on getting the money you desire. Sites like Timeshare Broker pair you up with real estate agents who specialize in timeshares (see Resources).
When you list with a real estate agency, you will lose some of your profits from the sale because of their fees. By doing this, you will have a better chance of actually getting it sold for the asking price.
You can also list your timeshare on auction sites or classified websites like Sell My Timeshare Now (see Resources). Another timeshare owner who has time before or after you may also be interested because then they could get a longer vacation.
Lastly, you can sell it to a friend or family member or offer to finance the sale yourself. Keep in mind, however, that many resorts prevent this type of transaction. Review your timeshare documents to determine if this is allowed.
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Market your Aruba timeshare. You can place fliers on bulletin boards located in the lobby of your timeshare. Some resorts have newsletters where you could advertise.
Place ads in newspapers like Aruba Today and the local paper where your timeshare is located. Choose the most affordable advertising method available to you.
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Highlight the positives. When marketing an Aruba timeshare, be sure to mention Aruba's white sand beaches and aquamarine waters. Mention that there are plenty of things to do, such as scuba diving and going to the Aruba casino. Pull buyers in with descriptions of the island paradise.
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Watch out for scam artists. There are many resale companies that will try to scam you. Be wary of anybody asking for upfront payment to cover advertising or appraisal fees. Appraisals on timeshares are not necessary. Reputable real estate professionals should already know the average market price of timeshares in Aruba without charging you for this service.
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