Timeshare resellers have a very difficult job. For the many decades that timeshare products have existed, developers have sold them to consumers at resorts. When a consumer has no need for the timeshare, the first ‘port of call’ for the consumer has always been the resort. However, not all resorts re-sell the product they once sold. The problem is satisfied by a privately operated re-seller who can play an important role in the journey to re-sell a timeshare.
Some resorts will assist consumers to re-sell the products they once sold. whilst others don’t. Some will signpost you to others that are more qualified to deal with re-selling. In some ways, by using a private re-seller, you can develop larger opportunities and markets.
After all, would you rather try to re-sell and maybe get some sale proceeds of defiantly pay more money for a lawyer to cancel it? The latter might cost you money whereas the former might save you money.
Many are persuaded that they should pursue their resort for compensation or pay to terminate the contract! Has the world gone mad? Has everyone forgotten that once you bought a product that many say might retain a value - is it not wise to at least try and re-sell it to another first?
The re-selling sector did have an awful reputation. The sharks moved in and scammed many consumers. However, by way of the 2010 regulations, rules were tightened up and most of the sharks disappeared from re-sales, but have resurfaced in the delivery of legal services and cold calling advice lines.
Due to regulations, the choppy waters in the re-selling markets are quelling. The main risk is now legal services, and every day we see new and corrupt services coming into existence. The timeshare legal profession is now awash with scammers. On balance is it not safer to try and re-sell.
Furthermore, and what’s more important is, if you decide to pursue a timeshare seller for compensation (because the product was misrepresented) you are required to mitigate your losses and by trying to re-sell the very timeshare you bought, “have you tried to mitigate the claimed or perceived loss”? If you haven’t tried to re-sell it, you could be in a world of trouble later.
If you were told in a sales presentation that the timeshare had an inherent value, was re-sellable or would deliver you back the money you paid, and you did not try and re-sell it, again might find yourself in trouble, because you simply never tried to exploit the re-sale market.
In the world of timeshare disposals, you have two competing sectors, the re-sellers and the legal profession.
Any lawyer/solicitor (worth their salt) will tell you ‘the best advice is try and re-sell the timeshare and take what you can now’, then consider pursuing for compensation, once independent advice is delivered, and the loss has been established.
In any market you will find the good, the bad and the ugly. The good ones have survived, whilst the ugly haven’t (they tend to die out pretty quickly). Over time the timeshare industry has tried to compile a list of what they perceived to be the ‘better re-sellers’ and it's some of these re-sellers which we have placed in our list (which will be subject to change).
I am sure the companies listed below will try to help you, sell, rent, swap or exchange (for other products) unwanted timeshares.
We don’t recommend anyone however; the list contains companies that are highly regarded traders
Confused About Timeshare
Watermans Business Park
Timeshare Shop Ltd
109 Chorley Road
Tel: UK 0800 5424466 or 0161 7945241
Aberfoyle Holidays Ltd
Viewforth, Main St
Tel: 01877 382390
Orlando, FL 32819
Tel: 1-877-815-4227 or 1-603-516-0200
Top Floor, 9 St Stephen's Court,
15-17 St Stephens Road
Tel: 01202 544 870 (buyers)
Tel: 01202 544 871 (sellers)
Watermans Business Park
Tel UK: + 44 1784 451355