Are you an owner of a Marriott Vacation Club timeshare and wondering if you can sell it? The answer is yes, you can sell your Marriott Vacation Club ownership. However, there are some things you should know before putting it on the market.
The Resale Market for Marriott Vacation Club
Marriott Vacation Club has been in business for over 35 years and has become one of the most popular vacation ownership programs in the world. As such, there is a thriving resale market for Marriott Vacation Club properties.
If you decide to sell your Marriott Vacation Club ownership, you will need to find a reputable resale company that specializes in selling timeshares. It’s important to do your research and choose a company that has a proven track record of success in selling Marriott Vacation Club properties.
The Process of Selling Your Marriott Vacation Club Ownership
Once you have found a resale company, the process of selling your Marriott Vacation Club ownership begins with listing it for sale. Your resale company will create an advertisement for your property and list it on their website and other popular timeshare resale websites.
When potential buyers express interest in your property, your resale company will handle all negotiations and paperwork. Once an agreement has been reached, closing documents will be prepared and signed by both parties.
What You Need to Know Before Selling Your Marriott Vacation Club Ownership
Before putting your Marriott Vacation Club ownership on the market, there are some things you should keep in mind:
- Resale Value: The resale value of a timeshare is typically lower than what was paid for it originally. Be prepared to receive less than what you paid for it.
- Selling Fees: Resale companies typically charge a commission fee for selling your timeshare.
Make sure to ask about any fees upfront.
- Transfer Fees: Marriott Vacation Club charges a transfer fee when ownership is transferred to a new owner. This fee can vary depending on the property.
- Upkeep Fees: Even if you sell your Marriott Vacation Club ownership, you may still be responsible for paying annual maintenance fees until the transfer of ownership is complete.
The Bottom Line
Selling your Marriott Vacation Club ownership can be a good option if you no longer use it or want to free up some cash. However, it’s important to do your research and work with a reputable resale company to ensure a successful sale.
Remember to keep in mind the resale value, selling fees, transfer fees, and upkeep fees before putting your timeshare on the market. With proper planning and research, selling your Marriott Vacation Club ownership can be a smooth process.