Do I need a licensed timeshare broker to sell my timeshare? What differences would there be in the transactions?
CaMama

CaMama

A licensed timeshare broker or Realtor is not necessary to sell or buy a timeshare. In fact, it could be very difficult to locate one who does deal in timeshare vacation property. If a Realtor or broker were to choose to deal in timeshare then I would think it would require a very high commission rate in order to make it a worthwhile venture(not to mention broker fees, etc). Also, because timeshare is not usually local real estate, it would require much more expensive and as far as Realtors/brokers go, unconventional means of advertising to effectively market the vacation ownership to the buying audience.

By choosing a timeshare resale company that is easily found through diverse, multimedia efforts and one that attracts timeshare buyers you can definitely sell with a reasonable flat fee as opposed to a large commission.

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What is the motivation to sell the timeshares if there is no commission paid to a broker? When we sell our home we know the broker is motivated because there money to be made when it sells.

i've seen some timeshare brokers out there, but i keep wondering if timeshare can be sold w/out one. timeshare brokers do have a steep commission percentage vs. what you would agree to when sell a home and i like the concept of paying at the end, but if i knew i could do it w/out one i would go that route and pocket the money that would have been the brokers commission.

-just an opinion-

Broker commissions are around 6% and if my timeshare sells for $10,000 that's only a $600 commission. Even double the commission and I'm only looking at $1,200. How is that steep? Anyone know the average timeshare commission rate?

The brokers that sell time shares charge a minimum of $1000 but most a trying to get $3000-$6000 per time share sale. They don't care how much it's selling for, they just care about the commission being as large as legally possible. Time share re sale brokers don't work on percentages. They tell sellers they can get a certain amount and they keep anything over that.