Many people are drawn to Worldmark Timeshares because of their flexibility and reputation for quality properties. Unfortunately, some owners find themselves unable to keep up with their dues and thus, leave them no choice but to get out of their timeshares by selling it. If you have a Worldmark timeshare, you own a certain amount of credits, not an actual piece of property. That is why selling it is different from a traditional piece of real estate.
If you’re selling a Worldmark timeshare, first, gather your information and request transfer documents. It can take 10 to 12 days for the company to provide you with the transfer documents you need. Then, determine an asking price. The best way to set an asking price for your Worldmark timeshare is to look at similar timeshares that have been recently sold. However, you should expect to take a considerable if you want to sell your Worldmark timeshare as the resale value generally decreases.
After all those steps mentioned, choose a selling method. You can sell your credits using eBay or print and online classifieds, or you can use an online timeshare broker. However, online brokers will charge a fee for their services but can reach a broader audience. To fully disclose the terms of sale, you can have a lawyer with you. If selling it through a broker, your broker will contact you with a buyer’s information and provide you with the necessary contracts.
Although a Worldmark timeshare is somehow different from other type of timeshares, the owners still share the same burden when it comes to its costs and expenses. While selling is still the most common option to get rid of it, some owners hire a timeshare transfer company such as the Transfer Smart just to get rid of such property.