Considering selling-advice please!

[tinkerbell of winter]

For those of you that have sold DVC what would you recommend? I am considering selling (I am looking at buying a house and the $ would be nice for a downpayment). Would you recommend the timeshare store, ebay, etc..?? I'm considering Ebay (don't really want to pay someone a 10% commission), but I don't have a good handle on the selling process myself. If anyone has any advice it would be greatly appreciated! Thanks in advance!

 

[Steamboat Bill]

Two suggestions:


1. Buy a 25 point contract from DVC now (that way you can still be an owner and transfer points from a member for around $10 per point)

2. Use The Timeshare store to sell your first contract (and keep the 25 point contract). Yes paying a commission sucks, but they are reliable and you will avoid all the eBay tire kickers.

 

[vascubaguy]

Having TTS or some other broker involved can take quite a bit of headache away. They will handle all of the advertising and working with the buyer. All you have to do is sign the paperwork and then get the money. 10% may seem like a whole lot, but the stress and time it could save could be worth it.

If you want to sell on Ebay, you can do it yourself that way, then just have a closing company come in and handle the rest of the paperwork part. You wouldn't have the commission to pay the broker, you'd just have to work out the details of the contract with the buyer yourself.

There are several folks on here that have sold contracts themselves and hopefully they will chime in and give you advice on what you would have to do to sell it yourself. From my understanding, it just takes a bit of time and patience.



Oh, and SteamboatBill makes a good point. If you would still like to maintain a smaller membership, you could always do a 25-50 point add-on, then sell your main contract, pay off the add-on, then use the remaining to pay on your house. It's a pretty good idea to keep your foot in the door. Then after the house things get all settled, you could do more addons... meanwhile, bank/borrow/rent to continue staying at DVC with all the benefits.

 

[calypso*a*go-go]

Depending on how quickly you need to sell, you could place an add on Timeshare Users Group @ www.tug2.net . If that doesn't work...definitely go with The Timeshare Store as they have the largest volume and sponsor this board (oh, and did I mention that Tom is a sweetie pie? ).

 

[CALNEVA DISNEYFANS]

Keep in mind... 25 - 50 point contracts are VERY difficult to find. They sell VERY fast. TUG is a good site - real timeshare folks that usually know their stuff. Check out the asking price on this site and price yours under those prices. Good Luck.

 

[pouncingpluto]

That's probably why he suggested buying the small contract from DVC, not resale.

 

[Plutofan]

I would recommend that you call the Timeshare store. I just bought a 180 point Vero beach contract and the total costs from them was only $450. I split the cost with the seller. You should at least call them to get a price. I would think that it would sell a lot faster with them. I am pretty sure that their fees are based upon the selling price of the contract.

 

[nestlejean]

We sold a smaller Vero just recently thru the site sponsor. It was quite easy, actually. They e-mailed me info, e-mailed papers to sign and fax back and sent the big packet for closing to be signed and sent back. You decide on your selling price. They can tell you their cut. I think a small add-on thru Disney is a great idea, You can keep your membership and just go every 3 years or rent them out if you can't go then. I had considered selling on e-bay but decided it would be too hard and scary for a novice! We still came out ahead after all was deducted. I would sell or buy through them with no hesitation. They did a good job.

 

[magicalmcwho]

bump