Buy a Timeshare
We’ve outlined the process of buying a timeshare/holiday points so both buyers and sellers understand how the process works through Rent Sell Swap or from a Retailer with the majority of Resorts and Clubs.
Its first important to decide whether your going to buy the timeshare from a Professional Seller or Resale Agency as well as whether your going to be using it to visit the same place each year or on the exchange market/unless you buy Points where with most points companies you have a selection of resorts under their umbrella.
When buying from a professional seller you will get:
- 14 Days Cancellation
- Arranged Finance Options
- A years membership to an Exchange company such as RCI or Interval International.
However you are likely to pay between 40 & 60% more than you would buying through a resale company. The alternative is to use a resale advertising company such as ourselves, you will be buying the timeshare from another private individual, usually at a much lower cost than through a Timeshare Retailer. There are some important considerations to make:
- You will need to make your own finance arrangements if required.
- Ensure the Timeshare/Holiday Points you are buying has no debt secured against it.
- Make sure you find out if all annual fees are up to date.
- Find out how much the transfer fee will be.
All timeshares/holiday points are held in with a trust company, normally First National Trust Company or Hutchinson & company. When you buy a Timeshare/Holiday Points from someone else other than the actual resort, i.e through a company like us the membership certificate/transfer document for the Timeshare/Holiday Points will need to be signed by both the seller & buyer.
At Rent Sell Swap we will answer any questions you may have about buying a Timeshare/Holiday Points & assist you with the purchase to make sure this all goes smoothly.
