Frequent Asked Questions about Timeshare & RCI Points, Vacation Clubs, Vacation Ownerships And Much More.

Timeshare & Vacation Ownership Resale FAQ’s
If you are ready to resell your timeshare the last thing you need is a long, stressful process. Read through these frequently asked questions to see how easy reselling timeshare can be when you work with a smart and reliable timeshare resale advertising company like Secondary Ownership Group.

Laws for selling timeshare, RCI Points and Vacation Clubs

It’s Illegal for a U.S Timeshare resale company to resell a timeshare or vacation ownerships. Make sure you Know who can legally sell your timeshare or vacation ownership for you, and who can not. For example it is the law in the United States that timeshare & Vacation ownership resale companies, who can sell your timeshare or vacation ownership on your behalf, must be a licensed real estate broker. Whether you own a timeshare deed or lease, and whether your timeshare is in the U.S. or not, if the selling company is located in the United States then they must have a license for selling real estate. (You can tell if they are legally licensed by looking at their terms & Conditions located at the bottom of the web page.) If they are not licensed, they are nothing more than an advertising company posting an advertisement on their website. If a buyer calls them, they legally cannot answer questions about the timeshare or vacation ownership or collect a deposit on your behalf. In other words all they can do is give the caller your phone contact info and leave you to deal with them.

I've Listed Before with NO Offers Or Phone Calls, Why?
 Most people are not aware that it's prohibitive by federal law in the U.S.A for a timeshare resale company to resell a timeshare unless they are a licensed real-estate broker. Approximately 95% of the U.S resale company’s are not licensed and do not have ANY sales agents. No matter what the Agents tell you, do your homework. To determine if they are licensed, view the company's TERMS & CONDITIONS at the bottom of their websites. Here is an excerpt of the typical Terms and Conditions from the Top US websites according to the leading internet search engines.

1, "Company A" does not personally assist you in the sale/rental of your Timeshare, including (but not limited to) showing your property, other than by posting on this Web Site the property descriptions and photographs provided by you, our Advertiser

2, “Company A" is a For-Sale-By-Owner advertising company that is not a real estate broker. The advertising program involves pooling advertising resources to maximize exposure to potential buyers or renters.

3, “Company A” forwards all inquires about my property directly to me, and allows me to negotiate the sale of my property without the involvement of any broker, and without any commission.

Timeshare Pricing and Selling

Be very careful with what you read on the internet.  The websites you were looking at would have been from the United States.  In the United States it’s illegal for their resale companies to have sales agents and sell timeshare.  All they can do is advertise the unit for sale.  The problem with websites is when it comes to timeshares, timeshare is a product that people very rarely talk about and give little though too until they sit with a sales agent at the resort and within two hours later, walk out with a unit.  Because it a product that people never shop for, people just don’t look on websites for timeshare.  Our statistics show that 80% of people looking at websites are sellers, not buyers.  So when looking at pricing from a US resale website, generally the ads have been on there for years.  The reason they are so low is due to the years they have been on the market and the sellers just don’t think they have any value.  With our agents we have, were able to build value to the timeshare just like the resort was able to do and generally sell for quite a bit more.

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