Thinking of selling

[mitcam]

Can someone tell me some of the costs assoc. with selling? I am just thinking - not ready for any big move but would like to know what my options are.

Thanks,

 

[Chuck S]

Well, I have not sold any points, but I would assume there would be broker fees like in any real estate transaction. Closing costs are negotiable between the buyer and seller, as are the current dues.

Do NOT work with a broker that wants a fee upfront to accept the listing.

In fact, I would not hesitate to contact The Timeshare Store, our board sponsor, and ask them what costs are normally the responsibility of the seller on DVC resales. Tell them how many points you want to sell, and the contract deltails (all one contract, add-ons, multiple contracts) and they should be able to give you a ballpark guestimate.

 

[crisi]

I asked when I bought my resale and was told 12% commission. I understand there is a minimum as well.

 

[Doug Wolfe]

Go to the top of this page and click on "DVC ReSales." This will give you a ballpark idea of what you might be able to take-in money wise.