Timeshares give owners the opportunity to take vacations every year, whether in the properties they own, or by exchanging their weeks in another shared vacation property. But nowadays, there are more and more owners who no longer want their timeshares and wish to give these up. Some give them up for financial reasons, while others do so because they no longer have the time to take vacations and utilize the timeshare yearly. Whatever the reasons, the fact is there are many shared vacation properties that go back on the market. And because of this surplus of options, an owner wishing to sell faces challenges in finally getting rid of the timeshare property.

Here are some ideas to help you when you decide to sell your timeshare online:

1. List Your Timeshare

The fastest and most convenient listing option is online, whether on your own website, on blogs, on social networking sites, or through a timeshare company. Explore various companies to find the one with the lowest listing and selling costs.

2. Post Photos of the Property

They say a picture is worth a thousand words, and when selling property, it can be worth thousands of dollars too. By putting up photos of the property for sale, you are already enticing potential buyers to take the next step. Since most vacation exchange companies already have stock photos of popular resorts, you can simply ask them to put the photos up.

3. Grab the Reader's Attention

While the pictures can convince prospective buyers to purchase, what will lead them to your page in the first place are the words you use. Employ a variety of styles and formatting options plus your descriptive talents to make the most eye-catching and convincing ads. For example, instead of saying “beautiful two-bedroom unit in Barbados,” say “breathtaking two-bedroom beachfront unit in Barbados.”

4. Ensure the Ad Contains All the Essential Details

These include information about the property, such as the exact location, the price, the number of bedrooms, the season and the week, as well as the yearly maintenance fees.

5. Convince the Reader to Purchase your Timeshare

While you may have squeezed all your creative juices to make your property as marketable as possible, so have other sellers. But what makes yours stand out from everyone else’s? Is it located near a mall, is it in the nearest resort from the airport, or can I bring my dog there? Sure, everyone’s timeshare property is “beautiful” or “luxurious” with “complete amenities” but what makes your timeshare unique? Why should buyers choose it over the others on the market?

6. Reply to Inquiries Immediately

Make sure you have answers to probable questions ready. Delaying client response by even a day or two may cost you the possible buyer already, so try to respond to questions within the day. Also, since most buyers usually ask the same questions, you can make a list of FAQs to save them the hassle of asking, and save you the trouble of replying to the same questions.

7. Be Willing to Negotiate your Price to Facilitate a Faster Sale

You can also be open to making concessions for the buyer if only to ensure the deal. For example, if the buyer cannot pay up front, offer to waive the initial year's maintenance fees provided he or she adds $500 to the timeshare’s selling price, to be paid over time.