There are a variety of options available to sellers when entering the resale market, but it’s important to know that there is no need to pay an upfront fee to ensure that your ownership is sold. In this article, we will be covering what to look for in a Marriott timeshare broker and what to avoid to ensure your property’s safety.
Avoid Upfront Fees
Is it crucial to know that there is a difference between an upfront fee and a commission. Any honest broker will only be paid once the transaction is complete and the ownership has been successfully sold. You wouldn’t pay your Realtor before the sale of your house, so why would you pay upfront for your timeshare?
In many cases, unlicensed companies that sell advertising packages will often inflate the value of the ownership. There have been many reports of dishonest companies telling their clients their timeshares are worth way over fair market value of the ownership, trying to entice you into paying a huge fee upfront to see your ownership.
Also, once you’ve paid them an upfront fee, the listing company will lose any urgency they had to work towards selling the timeshare. They have already received their incentive and will focus on getting more upfront fees rather than finding a buyer for the property. These fees can go by a variety of different names such as an appraisal fee, a market analysis fee, or an advertising fee; to name a few. These are unnecessary fees to spend your money on, with so many honest brokers that will gladly take a commission at the end.
Using A Licensed Broker
Using a licensed broker and BBB certified broker is a great way to sell your Marriott property. A broker will do all the advertising and marketing for your property and will tend to get the highest selling price possible while maintaining the safety of your property, as well as the buyer’s deposits.
If you would like more information about using a broker to help sell your Marriott timeshare, feel free to contact us for a free consultation.
