Monday, October 6, 2008

Selling Your Timeshare? Here’s How to Learn What it’s Worth

Author: Jason Tremblay

Are you considering selling your timeshare? Owning timeshare is a great idea, but time, lifestyle changes, health, and even economic ups and downs can lead you to the decision to sell your timeshare. Selling timeshare often means that you get out from under annual fees and taxes, and as great an idea as timeshare vacations can be for millions of people, if you are not using your timeshare…then it is time to sell.

Timeshare Valuation from Sell My Timeshare NOW

You know what you paid for your timeshare, and perhaps you even know what your timeshare cost you in interest and financing fees if you borrowed money to make your timeshare purchase. You can also look at what you have paid in annual fees and taxes during the time you have owned your vacation ownership property. But clearly, if you have looked around at the timeshare resale market at all, you already understand that you will not be able to recoup these expenditures in total when you resell your timeshare.

Instead, think of buying timeshare as being very much like the money you spend buying a new car. Your new car comes with a purchase price, for most of us it comes with financing fees and interest, and for as long as you own that car, you also pay for taxes, maintenance, insurance, and fuel. Yet when you get ready to sell it, you will not be able to regain the money you have spent on your vehicle.

Okay, so if you cannot resell timeshare for your purchase price, what is the right price to ask for your timeshare on the resale market?

Don’t guess. Don’t pick a number out of the air. Let Sell My Timeshare NOW, the leading online timeshare resale and timeshare rental advertising company help you. Follow this link to Sell My Timeshare NOW, and receive a free Sellers Market Survey to find out the timeshare resale value of your property.

Sell My Timeshare NOW, eliminating the guesswork.

 

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Wednesday, September 24, 2008

Happy Birthday, Sell My Timeshare NOW

Author: Jason Tremblay

Sell My Timeshare NOW, as company celebrates fifth birthday.

Did you see our Sell My Timeshare NOW press release today? We are celebrating a milestone - 5 years in business. Best of all, our anniversary marks five successful years in business, and that is not always easy to say in this day and age.

Our company currently employs 140 people, which is a long way from the 3 employees who started a home based business 5 years ago. With a 520.9 percent company growth rate, we currently average over $1 million daily in offers to buy timeshares or rent timeshares.

We are a Fast Growing Timeshare Resales and Timeshare Rental Advertising Company

What got us to this point?

Well, we believe that if you build a website to attract timeshare buyers, timeshare sellers will recognize the value in advertising their timeshares with us, which creates a great inventory of timeshare resales to attract more timeshare buyers and renters.

We believe that in order to attract timeshare buyers and timeshare renters, we have to achieve and maintain the top-of-the-search position in Internet search results, using the most up to date search engine marketing strategies available.

And we believe in treating our clients with respect and consideration, and completely eliminating the smoke and mirrors effect that is sometimes associated with timeshare sales and timeshare resales.

A Timeshare Sales Company with Genuine Commitment

At Sell My Timeshare NOW, we sat aside a little time to eat some cake and talk about our accomplishments over the past five years. But after we all patted ourselves on the back, we went back to work. You see, we know that staying the best company in the business of advertising timeshare resales and timeshare rentals calls for continued hard work, and for us to never let our guard down.

And to all the many timeshare sellers and timeshare renters who have entrusted us to help them sell or rent timeshare, we owe it to them to keep our nose to the grindstone and our eye on the future.

Click here to read our full timeshare press release about Sell My Timeshare NOW’s fifth anniversary in business.

Sell My Timeshare NOW, a company that looks toward the future.

 

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Thursday, September 18, 2008

ARDA Regional Timeshare Meeting in the Colorado Rockies

Author: Jason Tremblay

I just spent a couple of outstanding days in Breckenridge, Colorado, at the ARDA (American Resort Development Association) Rockies Regional Meeting. The meeting was excellent in several ways, the first being the location. The Beaver Run Resort & Conference Center that hosted the event is a classic Colorado condo-hotel ski resort with ski-in/ski-out access condos.

Breckenridge, Colorado is a favorite destination for timeshare owners and ski vacations

And of course, there is nothing any better than the chance to spend a few days in the mountains of Colorado. The skies were incredibly blue and the air had that crisp edge of freshness. Sell My Timeshare NOW was proud to be a Gold Sponsor of this very informative meeting, one of a series of ARDA regional meetings in which we have participated as a Gold Sponsor.

If you are not familiar with ARDA, they are the Washington D.C. based professional association that represents the vacation ownership and resort development industries. In 2009, ARDA celebrates 40 years of service to timeshare owners and the timeshare industry. Their membership is nearly 1,000 strong including privately held companies, publicly traded companies, and international corporations involved in the vacation ownership industry. ARDA’s membership also includes resort management companies, timeshare owner associations (HOAs), and owners through the ARDA Resort Owners Coalition (ARDA-ROC).

The Changing Face of Timeshare Ownership

ARDA Regional Meetings are an important time of learning, exchanging ideas, networking, problem solving, and generally getting things done. One of many topics that was addressed was a very interesting trend in timeshare ownership demographics.

ARDA Rockies Regional Meeting 2008 in beautiful Breckenridge.

Many people think of timeshare owners as typically falling into the Baby Boomer generation, and in many ways that is still true, although the profile of the new timeshare buyer and timeshare resale buyer includes more and more young couples and individuals all the time. However, there is also another way younger couples are becoming timeshare owners these days and that is through passing down deeded timeshare ownership within families.

This makes for an interesting new dynamic in timeshare ownership and ARDA, as well as the timeshare industry as a whole, is on top of it. Today’s timeshare owner may be a Boomer, a Gen X, Gen Y, Millennium, or Gen Me, meaning that vacation ownership resorts are learning to respond to a variety of generational and cultural issues. It also means that it is an interesting and exciting time to become a timeshare owner.


Be sure you visit The Timeshare Authority next week, when I will be sharing updates about ARDA’s new website www.vacationbetter.org

 

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Monday, September 8, 2008

Can Anyone Guarantee To Sell My Timeshare?

Author: Jason Tremblay

When I hear people talk about a guaranteed sale of your timeshare on the resale market, it makes me cringe. Can Sell My Timeshare NOW guarantee you that we will sell your resale timeshare? Of course, we cannot. And neither can anyone else.

So if you are interested in reselling your timeshare, and someone contacts you “promising” to get you a sale - especially if that promise of a sale includes a target date - you should back away from that offer in a hurry. It simply is not logical to say that any company can guarantee that it can produce the right buyer, at the right price, on a given day, for a timeshare or for almost any other product.

But here’s what is logical and it is what we do best at Sell My Timeshare NOW: If you advertise your resale timeshare with us, we will give you expansive global visibility to a market of interested timeshare buyers and timeshare renters, greatly increasing your chance of making that sale.

At Sell My Timeshare NOW, we are committed to helping you sell your timeshare, as easily and efficiently as possible. And while we don’t guarantee a sale, we DO guarantee that if you advertise your timeshare on Sell My Timeshare NOW, but sell it through another company or timeshare broker at the same advertised price, all you have to do is show us your document of sale and we will refund the money you paid to advertise with us.

…And that’s a timeshare guarantee you can believe in and rely on.

To learn more about what it takes to sell your timeshare, take a moment and watch this video:

 

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Saturday, May 3, 2008

Timeshare Resales Companies and the Overall Timeshare Market

Author: Jason Tremblay

Do you know that you can resell your residential home (or any other type of real estate) without hiring a real estate agent or Realtor(r) to assist you? Of course you know that, and you’d be indignant and probably downright angry if it was any other way.

If you own a home, a piece of land, an office building, or other type of property, you have choices when it comes to reselling it. You can handle the sale yourself or hire a real estate professional to help you. You can use a buy-owner company to assist with part of the process, or you can select a range of services, from title agents to real estate attorneys, using only those you need to help you.

And the fact that no law requires you to buy or sell real estate from a real estate professional hasn’t done a thing to harm the real estate industry as a whole. In fact, the diversity of ways to sell is part of what makes the industry competitive and fair.

Millions and millions of people, who have sold their homes by a method, other than hiring a real estate professional, will tell you that they saved a lot of money that would have gone to an agent or a broker for advertising and showing the property or other fees that are paid as part of the commission. You also see the same ads on television that I see, with testimonials from people who have used a buy-owner real estate company to help them sell their homes, and are thrilled with the money they saved, or other features of the service they received. And as with anything, there are stories of people who tried to sell property themselves, and for whatever reason, got burned and wished in hindsight they had used a Realtor(r).

In any industry, including those that involve the sale of real estate, and those that involve the sale of timeshare real estate, there are good services and bad ones; there are services that work well for one person but maybe not for another. But American business is built on our freedom to choose to work with companies that we think, best serve our individual needs.

Ways to Sell Timeshare and Timeshare Resales

Timeshare developers, timeshare resellers, and timeshare advertising and marketing companies are all valid and contributing parts of the timeshare industry. Professional associations, such as ARDA, the American Resort Development Association, recognize this and support all factions of the industry.

While a few timeshare developers offer buy-back programs, the majority does not, leaving timeshare owners to come up with their own ways to sell timeshare they no longer wish to own.

Some people have a network of personal contacts that is so large, and a way to get the word to all of them, that they can sell timeshare themselves. But most of us don’t, nor do we want to hit on our friends and family members, trying to convince them to buy timeshare from us.

Some people want to sell timeshare but be separate from the process, letting someone else handle all the details, and for them it may be a great idea to work with a timeshare broker. And other people, just need help marketing their timeshare resale or perhaps handling the closing paperwork. The right choice for them could be a timeshare advertising and marketing company or perhaps a timeshare title transfer company. But it all goes back to choices

Real Estate and Timeshare Real Estate in the US

Let’s face it. The residential real estate market in the US is about as bad as it has been in many years. But who do we blame for that? We can lay part of the blame on the rising price of oil that leaves people pumping larger and larger chunks of their paychecks into their gas tanks, with less and less money to spend on a new home.

We can blame a greedy element of the mortgage industry, that put people into mortgages that were so riddled with hidden charges the people couldn’t get out of them before the one obvious cost - that ever- adjusting interest rate, soared through the roof. We can blame politicians, heads of business, or just a predictable swing in the pendulum of life, but we can’t logically say that buy-owner or help-u-sell real estate services are to blame for the falling value of home prices. And it wouldn’t make any sense to say that timeshare resale companies are responsible for the resell price you can or can’t get for your timeshare property.

Whether you are looking at residential real estate, timeshare deeded property, timeshare points, or something totally different like new and used refrigerators, things sell for what the market will bear. People, not companies, set prices by what they are willing or able to pay.

New cars sell for prices that are comparably much higher than the price for which used cars sell. And new cars will continue to sell for that higher price because we are willing to pay the price, and because auto manufacturers spend huge dollars on advertising to convince you to buy their product instead of someone else’s. When that same car is resold, the second buyer pays market value (the price the market will bear) because he or she no longer has to absorb the cost of the car manufacturer’s pricey advertising.

The lower resell price has nothing to do with the used car dealer; it is just a fact of economics that applies in much the same way for resale timeshares as it does to resale automobiles. The economics of this aren’t complicated, but sometimes, you have to keep explaining them over and over again, because a few people, just don’t get it.

 

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Friday, March 14, 2008

Sell My Timeshare NOW Employees in the News

Author: Jason Tremblay

Jessica Nason and Kayla Peach, Sell My Timeshare NOW

Recently the Dover, NH newspaper, Fosters Daily Democrat, ran a nice human-interest article about charitable giving. It was especially interesting to all of us at Sell My Timeshare NOW because four of the “humans” in this human-interest piece are part of the timeshare team here at our company.

Jessica Nason, Kayla Peach, Karen Gearwar, and Kevin Curran were each asked what they would do if they won that day’s $230 million Powerball jackpot, and were directed to give half the money to charity.

Karen Gearwar, Sell My Timeshare NOW

Jessica said, “I know there’s a lot of problems overseas, but we have to take care of problems at home before we spend money on other countries.” She explained that she would donate her $115 million to starving children in America; a concept that Kayla endorsed.

Karen was thinking along the same lines, and said her money would go to homeless children in America, while Kevin said, “I’d save animals that are malnourished and have been kicked to the curb. I hate seeing that happen.”

Sell My Timeshare NOW - Solving Problems Every Day

Kevin Curran, Sell My Timeshare NOW

It doesn’t surprise me that Sell My Timeshare NOW employees are eager to share; I see them giving every day with their dedication, hard work, and genuine commitment to helping people buy, rent, or sell timeshare. Because they know we provide a valuable service and that our company is built on integrity, they come to work enthusiastic about helping people enjoy vacation ownership at affordable prices or assisting timeshare owners who are ready to sell timeshare they no longer use. Either way, they make an important contribution to helping families manage their dollars and maximize their vacation experiences.

And in today’s overworked, overstressed world, that is a pretty important contribution in itself.

Call us at (877) 815-4227. Jessica, Kayla, Karen, Kevin, and about 100 other dedicated timeshare specialists are hard at work making good things happen for people every day.

 

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Saturday, February 9, 2008

eBay is a Powerhouse; But Not When it Comes to Timeshare Resales

Author: Jason Tremblay

In a very short time, eBay has created a powerful, effective global marketplace that serves as yard sale, antique auction, real estate showcase, trading post, and memorabilia collector’s paradise. Old, new, valuable, eclectic, or pure junk, you can find it all on eBay.

Beyond creating a worldwide flea market, eBay has also afforded a way for people to supplement their incomes or even build small (and sometimes not so small) businesses. eBay entrepreneurs are a whole new category of business people, so much so, that the eBay empire has also established eBay University to train aspiring merchants in their structure and business model.

When You Sell Timeshare or Buy Timeshare Through an Online Auction

Yes, you can even buy timeshare or sell timeshare on eBay. When you sell timeshare through eBay, you have the choice to handle the sale yourself or to go through an eBay store that resells timeshare. Selling your timeshare weeks this way may work for some people, but online auctions are truly a situation of both buyer beware and seller beware.

Online auctions may not be the best way to buy timeshare resales

For example, I just checked today’s timeshare resort properties advertised on eBay and found timeshare weeks listed at a starting bid of one cent—that’s right—one penny. Some have a reserve amount on them, meaning the timeshare will not be sold until a minimum price is met, but others are sold without the reserve. This is potentially a one-penny selling price; received after you (the timeshare seller) pay a fee to advertise your timeshare resale on eBay. And as a timeshare buyer, don’t assume that these rock bottom prices are actually the amount that you are required to come up with at the close of the auction. Instead, be sure you read all the fine print, because you are sure to be hit with closing costs, maybe advance or past maintenance fees, and other costs that turn your penny-priced property into a much larger expenditure. Additionally, as a timeshare buyer, you may not be given the choice of which timeshare closing company you wish to use to finalize your transaction, giving you even less control of the final dollar amount your budget priced timeshare deal will cost.

A timeshare owner posting on the TUG website recently observed: “Did you see the auction on eBay, a small 1 br gold week so that was an original Starwood went for the whopping amount of $3.25. Yes the decimal point is in the right spot.”

Another reason to be cautious in any online auction is that there is often nothing to standardize the information provided about the timeshare resale. If a timeshare seller knowingly or unknowingly, misrepresents the facts about the timeshare weeks he or she owns, the prospective buyer has no real way of sorting out fact from fiction. Important details about the timeshare weeks being advertised can be omitted or misstated. As a timeshare buyer, your risk can be great. As a timeshare owner who wants to sell timeshare, you will find the timeshare resort ad you credibly present is competing with ads that may promise amenities or terms they cannot deliver.

When you try to sell timeshare in an online auction, you are attempting to sell timeshare in a marketplace that contains timeshare properties owned by people who are apparently willing to pay to give them away! Combine that with how quickly eBay’s ads expire and you have a tough way to sell timeshare unless you too, are ready to pay someone to let you give them your vacation property.

In an interesting move this week, eBay announced that beginning in May, sellers will not be allowed to leave negative comments about their customers. They will still be permitted to leave positive ones. According to eBay spokesperson, Usher Lieberman, “The No. 1 reason buyers cited for decreasing or ceasing their activity on eBay was negative unwarranted retaliatory feedback they received from sellers.”

Remember that no one solution is best for every person who wants to sell timeshare or buy timeshare. Your needs and your objectives are unique. But before you turn to any online auction to buy or sell timeshare, consider all your options. An online auction is truly a case of caveat emptor…buyer beware…and sometimes, it is “seller beware” as well.

To learn more about safe, effective ways to sell timeshare or buy timeshare resales, visit Sell My Timeshare NOW.

 

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Thursday, January 31, 2008

Sell My Timeshare NOW Releases 2007 Statistical Synopsis

Author: Jason Tremblay

Sell My Timeshare NOW releases its End-of-Year 2007 Statistical Synopsis today. Because we are a privately held company, we do not publish quarterly earnings reports or an annual report to the stockholders.

However, we do want to keep the business world and the public apprised of the trends within our company, so three times a year we release a quarterly synopsis of business. At the end of the year, we also release an annual summary, which we make available on our website; by general distribution to the media; and as an attachment to a Sell My Timeshare NOW electronic press release distributed by PR Web.

You can download the four-page Sell My Timeshare NOW End of Year 2007 Statistical Synopsis here.

2007 proved to be another record-breaking year for Sell My Timeshare NOW. We set new highs for website traffic, number of unique visitors to our site, revenues and both the dollar amount and the quantity of offers to rent timeshare or to buy timeshare.

2008 will be an interesting year for the economy and the nation. America is facing one of the most unpredictable presidential elections in years. Consumers and businesses stand poised to march forward or push the panic button on their finances. Everyone waits to see what impact recent cuts by the Federal Reserve, the Wall Street rollercoaster, the slowing job market, and the dismal real estate market will have on their personal financial situation.

However, if 2008 follows the path of 2007, it will prove to be both a good year to sell timeshare and a good year to buy timeshare. Timeshares always attract people who are looking to reduce their vacation costs. Timeshare resales offer a way to create a hedge against inflation by locking in today’s vacation lodging costs. People who were considering buying new timeshare from a developer will be paying attention to the great values timeshare resellers can offer. All of which should spell relief for timeshare owners who want to sell timeshare and get out from under their annual fees and commitments as they pare down their household budgets.

Sell My Timeshare NOW is a timeshare advertising and timeshare marketing company; it is also a genuine win-win solution for people who want to buy timeshare and those who want to rent or sell timeshare.

 

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Wednesday, December 26, 2007

Beware of Timeshare Resale Companies that Make Promises They Can’t, or Won’t, Keep

Author: Jason Tremblay

You know what they say about anything that sounds too good to be true…

An Orlando timeshare resale company agreed last week to pay nearly $100,000 to consumers as part of a settlement to end the investigation into a series of complaints about the company’s practices. More than half the money will go directly to clients who complained to the Florida Office of the Attorney General, Bill McCollum. The balance of the money will go toward the cost of the investigation itself.

The Orlando Sentinel quoted McCollum as saying, “Time-share resale businesses are often mistaken for real estate brokers when they are simply providing an advertisement service to promote the sale of a consumer’s time share.”

The allegations, some of which go back 5 years, claim that the timeshare resale company made the promise that, if it could not sell your timeshare in 180 days, you would receive two free airline tickets to certain destinations. According to consumers who received the promise during telemarketing calls from the timeshare resale company, the tickets had so many caveats and restrictions that they were useless. Some customers of the timeshare reseller say they never received the tickets at all.

Other alleged false claims by the company included the timeshare resale company’s membership in the Orange County (Florida) Convention & Visitors Bureau and affiliation with the Orange County Convention Center.

What a Timeshare Resale Advertising and Marketing Company Should Do

A good timeshare resale advertising and marketing company should present all the information about your timeshare property to the largest possible market of potential timeshare buyers. They should be on the cutting edge of internet marketing strategies so that your timeshare resale or timeshare rental is advertised in a global marketplace of people who want to buy timeshare or rent timeshare.

More than that, any timeshare resale company should be able to tell you:

  • • How many visitors come to their website each day. (Sell My Timeshare NOW averages more than 10,000 unique visitors to their website each day and over 30,000 total visitors.)
  • • And the dollar amount of offers made to rent or buy timeshare they advertise. (Sell My Timeshare NOW averages over $800,000 a day in offers made to buy timeshare or rent timeshare.)

Not only that, but at Sell My Timeshare NOW, if your timeshare sells at the asking price or higher through any other source, bring us proof of the sale, and we will give you back the fee you pay to advertise and market your property with us. That’s a promise, and it’s one we keep.

 

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Saturday, December 15, 2007

Want to Work for Sell My Timeshare NOW?

Author: Jason Tremblay

Sell My Timeshare NOW just keeps growing.

Where will you be on Monday, December 17, 2007? If you are in Dover, New Hampshire, you could be about to embark on an exciting and rewarding new career, because Sell My Timeshare NOW is expanding.

Timeshare resales and timeshare rentals are thriving, as evidenced by the $254 million made in offers to buy timeshare or rent timeshares advertised on the Sell My Timeshare NOW website. Offers are up 16 percent from last year, which itself was a record-setting year.

With this much business, the only way we can continue to give top-notch customer service is to double our sales staff.

So if you are interested in a career where your income potential is linked directly to the effort and hard work you bring to the job, and if you like the idea of working for a growing timeshare company, that is setting new industry standards for service, performance, growth and excellence, then we invite you to visit our corporate offices.

Our hiring campaign kicks off with an open house, Monday, December 17, from 6:30PM to 7:30PM. The location is the Cocheoco Falls Millworks Building, 383 Central Avenue, in beautiful (and snowy) Dover, New Hampshire.

We are serious about this; so if you’re seriously interested, call us at (603) 516-0200 or toll free at (877) 815-4227.

Our Home - The Cocheco Falls Millworks

 

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About The Timeshare Authority

    Jason Tremblay, Founder and CEO, Sell My Timeshare NOW, LLC Jason Tremblay's The Timeshare Authority is a wealth of tips and information on timeshares, fractionals, condotels, vacation ownership and travel.

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