Timeshare Resales

SellMyTimeshareNow.com, the industry leader in online timeshare resales and rentals, is celebrating another quarter of consistent growth in 2016. The company has released its 2016 Second Quarter Offer Report, which when combined with its 2016 First Quarter Offer Report, shows greater than a 15% increase in the value of confirmed purchase offers on for sale by owner advertisements during the first six months of the year. [Read more…]

The online leader in purchasing, renting, and selling timeshares on the secondary market, SellMyTimeshareNow.com, continues its rapid growth in the vacation ownership resale space. The Orlando-based company recently released its 2016 First Quarter Offer Report, which showed a growth in the number of offers made on its web properties. The combined value of confirmed offers revealed a 15% increase from the same period last year.

The timeshare resale and rental leader is poised to have another record-breaking year in 2016, with more than $86 million in purchase and rental offers in Q1 alone.

President of SellMyTimeshareNow.com Chad Newbold stated:

“As usual, we hit the ground running in 2016. The value of timeshare purchase offers increased by more than 31%, with 9,543 individual confirmed offers forwarded to our advertisers, along with an additional 4,674 inquiries. As an established leader in the timeshare resale industry, the continuing growth in the amount of offers we deliver further demonstrates our commitment to providing a viable resale solution to timeshare owners as well as our ongoing efforts to bring vacation ownership to the next generation of buyers and travelers.”

Another notable takeaway from SellMyTimeshareNow.com’s report is the increase in site activity from Millennials. In the first three months of 2016, their website saw an increase of 11% in website usage by individuals between the ages of 18 and 34 compared to the same time period in 2015. Pair that with the statistics from ARDA’s 2105 Next Generation Study which shows that eight out of ten Millennials look at timeshares positively, and the result is not only promising for SellMyTimeshareNow.com, but for the secondary market as a whole.

As more Millennials turn to the timeshare resale and rental market for more affordable and convenient travel solutions, SellMyTimeshareNow.com appears to be in the perfect position to continue its growth within the industry. To learn more about SellMyTimeshareNow.com’s leading timeshare resale and rental services, visit their website.

In a press release yesterday, the American Resort Development Association unveiled a new infographic designed to offer guidance to vacation owners who need to sell a timeshare on the resale market.

Likening the timeshare resale market to the “Wild, Wild West”, the infographic features a simple, three step guide that outlines the various outlets available to sellers including the two main sales models: Broker or For Sale by Owner (FSBO). ARDA’s acknowledgement of the need for resale solutions (and the relatively unbiased representation of these options in the infographic) is a great step toward educating consumers about the resale market.

The infographic and corresponding press release were created in response to the recent steps taken against fraudulent resale companies in both state governments and the federal government.

President and CEO of ARDA, Howard Nusbaum commented, “We have worked closely with the Federal Trade Commission (FTC) and many states to educate consumers about how to avoid scams in the secondary market.” Nusbaum added, “We encourage anyone trying to sell their timeshare to take the time to understand their options and to use the resources available to them.”

ARDA’s infographic focused on educating consumers about the different options available to them on the resale market, while its press release presented a more scathing representation of the secondary market as “overcrowded, confusing, and unregulated”.

While we applaud ARDA for its efforts to educate consumers about fraudulent companies, its characterization of the secondary market was markedly one-sided, focusing only on the “bad players” in the industry without acknowledging the “good players”, the growing number of legitimate timeshare resale companies in the space. It is important for owners to understand that viable resale solutions are available through experienced companies.

It is also important to note that the market is not “overcrowded” so much as it is growing due to increasing transparency and access to timeshare resale inventory fueled by the growth of the Internet and today’s tech and research savvy consumer.

To view ARDA’s press release, click here.

For assistance in selling your timeshare on the resale market, please check out these recommended companies: SellMyTimeshareNOW and VacationOwnership.com.

As SellMyTimeshareNOW.com reflects on the excitement and pride of our 10-year anniversary in business, we have to look back fondly with where our company began. For our vacation ownership resale and rental business… it all began with the resale of one Manhattan Club timeshare.

Beth Ross, a Manhattan Club timeshare owner, was one of the first online by-owner timeshare resale advertisers to put her trust in us. Clearly, our initial website was only a small snippet of what our web presence has grown to become.

We began with a handful of timeshare resale ads … but a lot of heart and a great deal of passion for providing service to timeshare buyers and sellers. We had, apparently, just what it took to attract Beth’s attention as a seller and even more importantly, what it took to attract the timeshare buyers Beth was seeking.

Shortly after advertising her Manhattan Club timeshare resales on our site (less than 90 days), Beth Ross had her buyer.

Here’s what Beth wrote:

“Thank you for all the help you and your company provided me in the selling of my three time-share units at The Manhattan Club. I couldn’t have done it without you. The high degree of professionalism and attention to detail, exhibited by you and your colleagues, is just exemplary. I would definitely recommend SellMyTimeshareNOW.com to anyone who wants to sell their unit. In particular, your knowledge of the time-share marketplace is far above anyone else in the business. I am sure that you always pave the way for the fastest possible sale, at the best and most realistic price. I am always happy to recommend you.”                      – Beth Ross, Ph.D. (Ad 5491)

Thank you Beth Ross for believing in us. Thank you to all the buyers, sellers, and renters who have also entrusted their business to us over the past decade.

We’ve come a long way and yet there is so much more exciting territory for us to cover still ahead. Please read our media release: Timeshare Resale Leader Celebrates 10-Year Anniversary