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WHY CAN'T I SELL MY TIMESHARE?
Let’s Explore Why
The first, and perhaps most obvious, reason timeshare owners struggle to sell their timeshare is that the resale market is flooded with “devalued” inventory—which means the resale market consists almost entirely of sellers, without any buyers. According to a recent press release by the American Resort Development Association (ARDA),
there are 9.2 million households that own timeshare intervals in the United States.1
Further, it is estimated that, at any given time, there are roughly 1 million owners looking to end their timeshare ownership. A quick and simple online search reveals thousands of timeshares listed for less than $1 or even free—with no interested buyers.
That leads us to the second, lesser-known, obstacle to a viable resale market. Some resort developers view it as a threat to their revenue stream and have taken direct and intentional action to suppress it — including restricting rights and benefits for owners who purchase their timeshares on the resale market. This is a tactic used by some resorts to help ensure any potential timeshare purchaser views a timeshare interest sold by the resort as more valuable than one sold by a timeshare owner. Some of the largest resorts admit this in their public filings with the United States Securities and Exchange Commission (SEC), wherein resorts have disclosed that timeshare resales have a negative impact on their business model.
Need To End Your Timeshare Ownership? Call The Timeshare Exit Hotline At: (877) 323-9923
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