Frequently Asked Questions
NO,
NO, NO! The Timeshare Store, Inc. has never
charged any type of listing fee to timeshare owners
wanting to sell their properties! We think they
are rip-off's and no one should pay someone for work
yet to be done. We MUST work hard to sell your
property, because we don't make a cent until we do!
Other companies have no incentive to work if they
have already received money from you!
There
is no predetermined sales time when it comes to selling
a timeshare...although 2 hours and 6 minutes is our
current record! Factors which greatly affect
the amount of time it takes to sell a property include:
Resort, location, price, week, availability, etc.
As a transaction broker, we are not able to promise
we can sell your property, only that we will do our
absolute best to effectively find a buyer for your
property at a price determined by you.
What determines the amount of money I will receive at closing?
You will receive the sale proceeds less a transfer fee and a commission. Any outstanding liens, mortgages, maintenance fees or late fees that may have been assessed to your property will also be deducted. Closing costs are usually paid by the buyer. If you have paid your maintenance fees for the year in which the buyer wishes to assume usage, we will ask that those fees be reimbursed to you.
We are a transaction broker, registered in the State of Florida, working strictly on commission. The seller pays our commission from the sale proceeds at closing. Meanwhile, we spend OUR dollars on advertising to find a buyer for the property. Selling timeshares is the only way we make money.
Once
the contract has been properly signed and the deposit
received, closing can take place in as little as 30
days! However, some 'out of state / country'
timeshares require a longer closing process, but should
be completed in no more than 90 days. Please
consult your salesperson for a better timeframe for
your particular resale. You do NOT have to come
to Florida for the closing! All paperwork is
handled through the modern simplicities of fax machines
and the U.S. Mail!
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