Tips on Selling Time Shares on Ebay
Has someone recently offered you an income opportunity from selling time shares? If so, we’re here to help you out and ensure that you’re able to sell those time shares quickly and for the right price.
What are Time Shares?
Time shares are “rights” that you’ve purchased over a certain property. Other people have acquired the same rights as well on the same property. All of you are entitled by your rights to use the property for a specified number of times and duration. Time shares are mostly offered or sold for vacation and recreational properties like resorts and country clubs.
Know What You’re Selling
Before registering for an account in Ebay and making your own virtual store, it’s important for you to know exactly what you’re selling. There are two particular areas you should concentrate on: the type of time share you’re selling, and the location of the property.
Types of Time Share
Fixed – With this type, you are entitled to use the property at a given time of the year.
Floating – You’re allowed to use the property at any time of the year, provided that you’ve reserved in advance. Reservations are on a first-come-first-serve basis.
Right-to-Use Time Share – The rights you’re selling are from time share owners and not the property owners themselves. For that reason, what you’re selling will entitle buyers to use the shares for a given period of time. When the due date arrives, those rights automatically expire.
Points-Based – These time shares allow owners to choose from a selection of tourist spots; your stay will use up a certain number of points, depending on your vacation destination and the date of your stay (peak or off-peak).
How to Sell Time Shares on Ebay
When to Sell – There’s a corresponding right time to sell for every type of time shares. If your time shares are for a property that’s a prime choice for a winter vacation, then you better sell them just a month before winter break and so on. If you’re selling off-season, make sure that you adjust the prices of time shares accordingly.
Letting the Pictures Talk – This is especially important for you because what you’re sharing are rights and not something concrete like a laptop or even a bathing suit. You have to show photos of the property – all parts of it, from bedroom to swimming pool to gym facilities – and the general area. If the property’s located in Florida, for instance, then make sure that you have photos of Disneyland.
Place the Ad on the Right Category – Time shares should be under Travel / Leisure and not Fiction Books or Camera Accessories and the likes. There’s a reason why category choices for ads are provided: it’s to ensure that your ads are being seen and read by your target market.
Be Wary of Con Artists – There are unfortunately a lot of those in the Ebay market. Asking proof of identification and other similar documents will sometimes amount to nothing because these documents can be faked. In the end, all you can do is be very careful and trust your intuition. Don’t send deeds to time shares unless payment has been confirmed.
Delivery – See to the delivery of the time shares in person as much as possible. Use only a well-known courier service if shipping is necessary.
Selling in Ebay is more comfortable than other selling techniques, but it’s also accompanied with higher risks. Good luck on selling those time shares!
Copyright 2006 Jim Sterling - All Rights Reserved
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