It took about 2 months to sell and then another 2 months to get the money. It all depends on your asking price as right now it is a buyers market and prices are great if you are buying, not so good if you are selling
It took about 2 months for us also (Oct - Dec 2009). We were able to get our money fairly quickly because Disney exercised their ROFR.
If you decide to sell, I would list with both The Timeshare Store and Resales DVC. The more people that see the listing, the better chance of finding a buyer.
It also seems to depend on the size of the contract-larger, longer. Our first contract, only 25 points, we got a buyer the first day. Our second contract, for 150 points took around 3 months. It may also depend partially on the resort, but both our contracts were from the same resort, VWL.
Signed the listing agreement and faxed it to The Timeshare Store at 2:00 p.m. on a Friday.
Got a call at 6:00 p.m. on Saturday that they had a buyer who would pay full asking price.
Got a call at 1:30 on Sunday that the buyer had backed out.
Got a call at 11:30 on Monday that they had another buyer who would pay full asking price. This one didn't back out.
Got my money 37 days after I signed the listing agreement.
My price was not low. Actually TTS thought it was too high. They warned me that I would have to lower it or pull the listing if I didn't get a buyer. But it was a small contract which was not stripped, and I think that's why people wanted it.
You can list it with more than one place (if you take a look at your contract with the TS Store, it is in there). It will give the listing more exposure - especially if you are in a hurry.
What others have said about # of points and price is true...we had a 150 point contract. Good luck selling!