If you are thinking about selling your Marriott ownership, you may want to consider using a licensed broker to help you sell your timeshare ownership. There are many other ways to go about selling your Marriott, but using a licensed broker will ensure your Marriott ownership is sold at a high price as well as safely and legally.
Why Should You Use A Broker?
When you choose to work with a licensed broker, you will be safeguarding your transaction from fraud in many ways. Each party will receive a written contract that covers all the facts and terms of the transfer, such as the price of the ownership and all other attributes of the ownership. This agreement can be reviewed by either party’s lawyers before proceeding. During the process of collecting contracts, the licensed agents will not pressure either party into a transaction that they are not comfortable with.
Once the agreement is signed, the buyer will usually submit a deposit, as a good faith measure. The buyer’s funds will be held in an escrow trust account that is held with a closing company during the transaction for safe keeping. As a responsible broker, it is important that every aspect of the purchase and sale is performed in a safe and legal manner. Every possible step should be taken to ensure the safety of the seller’s property and buyer’s deposits.
In many cases, a broker can more effectively sell your timeshare. And thus, can get it sold before your next round of maintenance fees. This means that you don
’t have to invest another year of fees into an ownership that you won’t be able to use. Of course, you’ll also get the money for the sold timeshare much faster than going at it alone. Maintenance fees will add up as time goes on, and while the timeshare is in your name, they are still your responsibility. So, selling your Marriott ownership quickly can help prevent any unneeded financial hardship, and net you more money on the transaction.
How to Sell Your Marriott Ownership
How to Sell Your Marriott OwnershipWhen using a trusted and licensed broker, you’re not going to have to do any work to market the ownership, or speak with any buyers. A broker will handle marketing the ownership and communicating with the buyer. You’ll be assigned your own personal agent, that will make sure that your ownership gets sold at a fair price, quickly. Your broker should never ask for any upfront fees whatsoever. A commission is taken only when the property is sold, just like in a traditional Real Estate transaction.
Marriott timeshares are some of the most sought after timeshares on the resale market and Marriott also uses a first right of refusal program to ensure the value of your ownership remains stable. Between this and getting a knowledgeable broker to help you with your sale, you will most likely get a fair price for the ownership.
If you would like to receive a free consultation about selling your Marriott ownership, feel free to contact us.
