Monday, June 28, 2010

Wanted: Legitimate and Expert Timeshare Brokers

Timeshare brokers aren’t as visible as real estate brokers. In fact, they are only found in Florida, the timeshare capital, and in North and South Carolina. You hardly can find them anywhere in the world. Being a timeshare broker has the most challenging work. It is because they deal with a property that barely has a market. Even so units available in the secondary market only cost 30-50% of its original price, yet selling is still difficult to achieve and it takes a lot of time to close that timeshare deal. With these facts, it is very crucial to select the right timeshare broker to make the most out of your timeshare.

Find that timeshare broker of yours. You should double your efforts in looking for that broker if you’re not living in high vacationing places like Florida. You are lucky if you’re living in these places where you most likely could spot more than two. It is best to consider the broker coming from a reputable timeshare company. Most likely, these people have lesser chances of cheating on you since they are carrying not just their name but the prestige of their company as well. Ask questions that are relevant to your timeshares such as the average time frame a property is listed in the market before being sold. Most importantly ask for the average selling price of your timeshare. Do these with other timeshare brokers, compare and contrast, then choose the best.

If you know someone who had successfully transferred their timeshares, you may ask who their timeshare broker was. Note the broker’s performance during his past resale transactions.

Go for timeshare brokers who don’t charge for upfront fees and excessive commission. If possible, get away from them. These people might be scammers who gets the money and lets your timeshare sit in the market for so long yet yield no results at all. Most legitimate timeshare brokers accept payments only after your unit is sold. Ask what sort of strategies he would employ to successfully sell your timeshare. And to end your doubts regarding the legitimacy and efficiency of your broker, ask for their background at Better Business Bureau (BBB).

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