How Much Is My Timeshare Worth? What Is The Current Resale Value?
If you're wondering how much your timeshare is worth, or what its resale value is, then the very first thing you want to figure out is whether or not your resort will allow you to resale your timeshare in the first place.
If your resort will allow you to resale, such as the case of many Wyndham owners who can use Hardship Exit Programs like Ovation or Certified Exit to resale through a third party then great, now you can find out how much your timeshare is worth on the resale market to see its value!
What Factors Affect How Much It Will Sell For Right Now?
How much your timeshare is worth on the resale market right now, or the current resale value is affected by a number of factors and can be quite complicated to assess or estimate. Some of the factors involved in assessing how much your timeshare is worth or value are listed below.
- Current Market Demand
- Vacation Resort
- Type Of Ownership
- Which Week it is
- Which Season it is
- Whether you have points
- Annual Or Biennial?
- Unit Type & Size
To find out how much your timeshare is worth you will need to get an appraisal from a legitimate property broker who can assess your specific situation and tell your what your timeshare is valued at resale. Read our Understanding Timeshare Scams article to learn how to tell between a legitimate company and a scammer trying to take you for your money.
Once the company gives you an estimated value and gives you an appraisal of what it's worth resale, you should then have a good idea about how much you can sell it for. Once you know how much your timeshare is worth, you can then decide whether to sell it resale, and which company that you use to help you with the process of selling it.