Have any of you guys tried to sell your timeshare on your own without using the services of a closing company? What are the advantages of using the services of a closing company? Apart from taking care of the paperwork involved, what else does a closing company do? Could someone elaborate on this issue?

Welcome YandSay and thank you for participating in our timeshare forums. I will leave the majority of your query regarding other timeshare buyers & sellers experiences & opinions open for discussion, but here's a list of potential documents that may be required to close on the timeshare sale.

Pre-Closing Documents

Contract for timeshare purchase & sale
Addendum to contract
Letter to resort requesting estoppel certificate
Estoppel certificate for resort completion
Occupancy certificate from timeshare seller
Generic transmittal letter from seller to buyer
Generic transmittal letter from buyer to seller

Closing Documents

Deed
State transfer tax form
Affidavit of death of prior joint tenant (when applicable)
nonresident affidavit (when applicable)
Other state specific documents
Closing statement
Non-foreign affidavit
Joint escrow instructions
IRS form W-9, request for taxpayer ID number
Cover letter from seller to buyer sending signed documents
Cover letter from buyer to seller sending signed documents & funds

Post-Closing Documents

Cover letter from buyer to recording clerk sending documents for recording
Cover letter from buyer to resort providing notice of transfer and payment of fees due
Cover letter from buyer to resort sending copy of recorded deed
IRS Form 1099-S, report of proceeds from real estate transaction

So, closing on the sale of a timeshare yourself or without a closing company, attorney or other licensed professional is possible it could be a daunting task.

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from a timeshare buyers perspective i would certainly want the involvement of a licensed and qualified closing agent or attny to facilitate the closing on my timeshare purchase to be sure that everything went smoothly.

Very true. A buyer is more likely to trust you if you do everything through the proper channel - a closing company - rather than doing everything on your own. Moreover, the paperwork involved is really tedious and could take a lot of time out of your normal schedule. So, I would suggest going for a good closing company by all means.

Cheers.