How to Sell a Timeshare That Is Paid Off

Some products in this article are from our partners. Read our Advertiser Discloser.

While most experts agree that buying a timeshare typically isn’t a good financial move, many people have, use and enjoy them. 

However, knowing how to sell a timeshare is important if you decide not to be locked into timeshare ownership anymore. 

If you own a timeshare and have decided it’s time to sell, we’ve found the top strategies to maximize your chance of getting the best price.

Ways to Sell a Timeshare

Timeshare owners may have various reasons they want to sell their timeshare. Whether they want to avoid timeshare maintenance fees or want to travel elsewhere, they may want to know what the timeshare resale market looks like.

Fortunately, many legitimate options exist for getting out of a timeshare, especially if it is paid off. Ensuring you understand each can help you choose the right strategy for your situation. 

In alphabetical order, here are the top ways to legally sell your timeshare.

1. Hire a Licensed Real Estate Agent

One method you can use for selling your timeshare is to list it with a local real estate agent. 

It’s important to keep in mind that when it comes to selling a timeshare through an agent, you should look for real estate agents who are experienced in timeshare resales. 

The process of selling a timeshare is different from selling traditional real estate. Having an agent who knows how to sell timeshares can ensure you don’t run into any issues during the process.

There are often real estate brokerages in cities or counties where timeshare resorts are everywhere, such as Florida. 

Some brokerages specialize in selling timeshares or exist solely to serve timeshare owners. These brokerages understand the timeshare resale industry.

As with timeshare listing companies, it’s important to talk to a real estate professional or broker about the fees and other terms if you hire them to help you sell your timeshare.

Most real estate brokerages specializing in timeshare listings have programs with no large upfront fee. However, depending on your specific timeshare, there may be an upfront fee when you list.

Use the same precautions when selling with real estate agents as you would if you were selling with a listing company. 

These include:

  • Knowing all fees upfront
  • Understanding the process
  • Reading independent reviews

Ultimately, using a real estate agent experienced with selling timeshares can mean less stress and effort.

Potential Cost: A flat fee or a percentage of the sale

2. Use a Timeshare Exit Company

Another potential option you can try if you’ve determined that your timeshare is no longer worth it is a timeshare exit company.

These companies work with you to discover all the ways you can legally get out of your timeshare. They know all the options since they know how to sell timeshare properties.

One company worth considering is Newton Group, which has been around for over 15 years. It not only offers timeshare exit services, it also offers legal representation.

Knowing your specific options is important because every timeshare contract is different. As such, the strategies for getting out of your timeshare and getting the most money for it can vary.

There are scam timeshare exit companies, but there are also legit timeshare exit companies. You’ll want to do your due diligence before choosing the company you want to work with.

The top timeshare exit companies can help you weigh each option for exiting your timeshare contract and the potential costs and profits with each option. 

Unlike listing companies that list your timeshare for sale or rent, timeshare exit companies can help you decide whether to list, cancel your contract, or pursue a different option.

Potential Cost: $500 and up

3. Timeshare Listing Company

When it comes to timeshare resale, timeshare listing companies connect timeshare sellers with potential buyers and/or renters. This is typically done online.

There are dozens of companies that will list your timeshare for sale on their site. One example is

This site will not only list your timeshare but also help connect you with the professionals you’ll need to help you legally execute the sale.

Buyers interested in buying a timeshare on the resale market can peruse sites like to get a good deal on a timeshare sold by a private party. 

When searching for a listing company that will post your timeshare for sale, there are a few things you should look for.

These include:

  • Transparency regarding fees and costs
  • Positive independent online reviews
  • Clarity and honesty about the process

If a listing company offers you a deal that seems too good to be true, it probably is. Always keep your guard up to avoid timeshare scams. 

When it comes to the price you can get for your timeshare, it’s important to remember that the goal is to get out of paying maintenance fees. 

Therefore, taking a lower price than you might expect when you sell could be worth it. This could save you a ton of money in the long run.

Potential Cost: Between $500 and $5,000+

4. Rescission Laws

Most timeshare sales require adherence to state-written rescission laws, which might help you get out of your timeshare. This can be helpful if you quickly start second-guessing whether or not your timeshare is worth it.

A rescission law, also commonly known as a “cooling off period,” gives consumers a chance to really think through major purchases before they are fully committed to the contract they signed to make that purchase. 

While this isn’t exactly timeshare resale, these laws provide one of the few ways you can cancel a timeshare agreement

When you purchase an item such as a timeshare and then decide soon after that you’ve made a bad decision, a rescission law can help you undo that mistake. 

If you can take advantage of the rescission law of the state you bought the timeshare, you can usually get all of your money returned to you.

It’s important to know that rescission law periods are usually quite short. Many states have rescission laws that only last three business days. 

In other states, go up to seven, ten, or even fifteen business days. Keep in mind that, according to the FTC, “business days” include Saturdays, but not Sundays or legal holidays. 

Additionally, it’s important to remember that certain criteria often must be met before the rescission period clock starts. See your state’s rescission period laws for specific details on rescission terms. 

Potential Cost: None

5. Sell It Back to the Developer

You might be able to return your timeshare to the developer who sold it to you. This is often called a “Deed-Back Program.” 

A deed-back program is written into some timeshare contracts. It either requires or allows you to sign the deed on your timeshare back to the developer if you want to release yourself from the timeshare obligation. 

Did you notice that the previous paragraph mentioned the word “requires?” Some timeshare contracts mandate that you sign the deed back to the company if you want out of your contract.

Others don’t require it, but they may provide “incentives” for you to do so. These can include a loss of rewards points or other benefits that the new timeshare owners won’t get if you sell it by means other than back to the developer. 

For that reason, you’ll want to read your timeshare contract carefully before you sell it by means other than deeding it back to the developer. 

Note that fees could also be associated with a deed back program. You rarely receive compensation for your timeshare with a deed-back program. 

This option simply removes you from the contract and any annual timeshare maintenance fees or other obligations. While it’s not immediately lucrative, it will keep more money in your pocket over time.

Potential Cost: A small fee may apply

6. Try to Sell It Yourself

You could consider selling your timeshare on your own as well. There are a couple of strategies you can use to sell your timeshare on your own.

Sell timeshare on Ebay

For instance, you could go the traditional route of listing on eBay, Craigslist or other sites like it. However, it’s important to know these sites aren’t designed for the timeshare resale process. 

As a result, it could take longer for your timeshare to sell since these platforms are not the most common way to sell a timeshare.

Additionally, depending on your platform, the fees involved could be high, while the end profit could be low.

Furthermore, it’s important to note that if you do sell your timeshare on your own, you’ll want to enlist a lawyer or other timeshare sales professional to help you close the deal in a legal and binding matter. 

Timeshare resale can be complex, and you need someone who knows the industry. Without legal advice, you could end up with a contractual mess. 

While legal assistance is beneficial overall, this extra expense can further dilute any potential profits you may receive.

You can also consult the American Resort Development Association to learn more about the timeshare industry and some of the legalities behind it.

Potential Cost: $0 and up for listing, additional costs to close and get legal advice

Frequently Asked Questions

Do you still have questions about selling your timeshare? These answers might be able to help.

Who buys timeshares?

Timeshares are purchased by individuals or families who want an established vacation option. They may also be purchased by businesses looking for rental properties or companies that want to resell your timeshare for a higher price.

How can I determine what my timeshare is worth?

Talking with a timeshare exit company representative or a listing company that doesn’t have anything to gain by selling at a lower or higher price. 

Both these options can tell you the resale value of your timeshare, helping you to sell your timeshare for the best price.

What are the costs associated with selling a timeshare?

The costs of selling a timeshare can vary widely, but you can expect to pay at least $500. However, sometimes the cost to sell your timeshare can be thousands of dollars. 

Are there timeshare scams I should watch out for?

Yes. Beware of companies that call you with unsolicited advice or offers. 

Additionally, be sure to get everything in writing and read your contract thoroughly. It’s also wise to check independent online reviews with sites like Better Business Bureau and Trustpilot. 

How can I get the most money for my timeshare?

Timeshare owners who take advantage of rescission laws get the most money for their timeshare because they essentially get a full refund. 

However, since there is a brief window of opportunity to take advantage of these laws, you’ll want to compare the fees and extra costs associated with other selling methods to determine the best and cheapest option for your unique situation.

How long does it take to sell a timeshare?

It depends. Some timeshares may sell quickly, while others might take months.
Factors that impact the process include your listing price, the location of your timeshare, and the current supply vs. demand. 

Are there any helpful resources to learn about the timeshare industry?

Yes. The American Resort Development Association is one good resource to look into.


Knowing how to sell a timeshare and get the most for it can be valuable when you want to end your contract. 

There are many factors to consider, such as the details of your contract, the number of options you have for selling your timeshare, cost, and more. You should also read online reviews to avoid scams.

It’s important to remember that your end goal is to get out of your timeshare contract, even if that means taking a lower offer. Timeshare ownership can be costly, so it can be ideal to avoid things like annual maintenance fees.

With a big-picture perspective and the right timeshare exit method, you can find and get the most for your timeshare when you sell.