How would I find people interested in selling their timeshare?

14 replies
I have this affiliate program, but how would I find the people?
It requires their name, email, and phone number.

Would pay per view advertising work well?
#find #interested #people #selling #timeshare
  • Profile picture of the author Jqsam
    Good Afternoon

    Have you tried some of the online classified ads, specifically Craigslist in one of the larger metro areas (SF, NYC, etc)? Also, Ebay has a number of sellers of Timeshares, you may want to send them a PM (Ask them a question) to see if they're interested in listing with you if they don't get the price they're wanting. You could also go offline and post a free ad in some of the local shopping papers. There's also forums for timeshare owners eg Timeshare Forums and others. Hope this helps.

    Jim
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  • Profile picture of the author Rus Sells
    Create a directory for people who want to sell their time shares? really
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    • Profile picture of the author danielle299
      [DELETED]
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      • Profile picture of the author kk075
        Originally Posted by danielle299 View Post

        It is a waste of time. There is no resale market for timeshares. Nobody wants to get a timeshare because they are worthless. I recomend you to read an article about this: How much is my timeshare worth?
        I have to second this opinion, there are dozens of major sites out there where people are trying to give away their prime location timeshares for free just to get out of the annual dues.

        While time-sharing does look great on paper and it's fun to trade out weeks to stay at nice resorts all over the world, the math itself just doesn't add up. You're talking $10-20k for the timeshare itself and $800-1200 a year in membership dues. But if you factor that out over 25 years, it amounts to the exact same $150-200 a night you'd pay at a luxury resort without ever being locked into anything.

        And the pitch that "our resorts are exclusive and only for our members"....that's complete BS. Most companies buy a small number of condos from existing locations at a discount rate, and then re-sell them for a premium through trading your week for another location. Timeshares are essentially a scam and I feel sorry for people that fall for it.

        With that said, going to timeshare presentations is awesome! The last time I was in the Bahamas they paid me $100 cash to listen to a pitch and they even gave us breakfast plus water park tickets for Atlantis. You can't beat it...as long as you know how to say no.
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      • Profile picture of the author TravisSteffen
        Originally Posted by danielle299 View Post

        It is a waste of time. There is no resale market for timeshares. Nobody wants to get a timeshare because they are worthless. I recomend you to read an article about this: How much is my timeshare worth?
        I disagree with this blanket statement, and I'm sure that reading back over it, so do you. Wherever there are buyers, there are also sellers - and a LOT of people buy timeshares that are looking to sell their way out of their deals.

        I'd recommend a biz dev partnership with some of the smaller and mid-size timeshare sales companies. Give them a cut of your end in exchange for referrals when qualified folks are looking for a way out.
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  • Profile picture of the author Jack Gordon
    I bought a timeshare recently, in the heart of the Las Vegas strip.

    Prime location, with a full kitchen, bedroom and living room (with pullout couch).

    I paid $1000 for it, from one of those people who was having trouble giving it away. I now pay an annual $575 maintenance fee for seven nights a year in a spot surrounded by $275-$400/night resorts.

    Moral of the story? There are deals to be made, but I wouldn't be looking for the type of clients looking to recoup their investments. It is brutal out there.
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  • Profile picture of the author Randall Magwood
    I would start my search offline. Use direct mail to generate leads from the SRDS, and then start pitching your product/services that way. I think this would be an easier route (actually), than from starting online - or using a list broker online.
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  • Profile picture of the author startefl
    There are a couple of sites, Im assuming you've checked Craigs List and Ebay.
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  • Profile picture of the author GforceSage
    GO to Google and enter ...Timeshares for sale websites.

    There is a long list of sites that are selling timeshares. This can be a starting place. You can inquire with an email, when they respond you have their email. Then ask them for their name stating that you would like to discuss their situation further by phone.
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    • Profile picture of the author Jack Gordon
      Originally Posted by GforceSage View Post

      GO to Google and enter ...Timeshares for sale websites.

      There is a long list of sites that are selling timeshares. This can be a starting place. You can inquire with an email, when they respond you have their email. Then ask them for their name stating that you would like to discuss their situation further by phone.
      A creative idea, but in reality I think you would end up getting their brokers.
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      • Profile picture of the author JohnMcCabe
        Originally Posted by kk075 View Post

        With that said, going to timeshare presentations is awesome! The last time I was in the Bahamas they paid me $100 cash to listen to a pitch and they even gave us breakfast plus water park tickets for Atlantis. You can't beat it...as long as you know how to say no.
        An awful lot of people have never mastered that skill, which is why the OP would never run out of prospects.

        @Earn.cx,

        I can't give you specific suggestions, but here's an idea or two for you.

        > What you are proposing sounds a bit like a regular real estate agent trying to recruit listings from FSBOs (For Sale By Owner). Do some research on how those agents successfully sign up FSBOs.

        > Another tangential market to study is the "we buy ugly houses" investors/flippers that are looking for people who are eager to sell distressed properties.

        The same methods these folks use might also work for timeshares.

        And, if you have a budget, don't count out direct mail. Work with a good list broker to see if you can find suitable lists of timeshare owners, and send them a postcard directing them to your website for an info kit. Even if they are not ready to sell now, you'll build a list you can stay in front of until the timing is right.
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  • Profile picture of the author andreawhite
    There is a forum where people talk about complaints in many resorts. They usually want to get rid of their timeshares, probably it could help: Resorts with most timeshare complaints in Mexico
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  • Profile picture of the author bbminded
    Ebay... timeshare owners selling for $1.00 just to get rid of it due to monthly hoa fees.
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  • Profile picture of the author yukon
    Banned
    Look for people that rent their timeshare, odds are they don't have time to use the property or they're just bored with it and trying to recoup some of their money.
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  • Profile picture of the author laurencewins
    I used to run a large telemarketing call centre where my staff rang people to get them along to the presentation about Timeshare so I did learn a few things.

    I would NOT be seeking advice from any forum that isn't directly related to timeshare. If you want to buy, contact Timeshare companies direct and see what they can offer you.
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