A timeshare is shared ownership of a unit, such as an apartment, in a resort location. Every owner from the timeshare is eligible to use the unit exclusively for the period of time bought, such as two weeks each year. Timeshares could be leased or sold, but the operator must check with the resort management about resale processes and when renting out the timeshare is permitted.
Speak to the resort sales staff. Some resorts have lists of sales out there for you to review. Compare your timeshare against timeshares which have similar features, such as size and proximity to features such as a lake or the beach. Look at all things that impact the cost, including whether your time is fixed or floating.
Speak to the resort management office. Some resorts have brochures and sales material for investors that contain cost information and estimates.
Collect your source information. Compose your cost down data for reference. You need a lease amount that is reasonable when compared to another timeshares at exactly the exact same area, as a high cost can deter buyers and renters. Factors which impact your cost include the amount of other rentals available at the resort and what features the other rentals supply the purchaser.
Speak to the resort resale broker for pricing. Some resorts have. List a timeshare through a broker is a paid support, and the charges vary by area. Get a statement of any fees charged by the broker in writing before using the broker to sell or rent your timeshare.