One method that some timeshare owners try in order to get rid of their timeshare(s) is the online auction. The most famous of these online auction houses is of course, eBay.
You’ll see throughout the internet that EVERYONE tells timeshare owners to NOT pay anything upfront, yet even eBay has an upfront cost that can range from $35 to $300 depending upon the duration of your advertisement. They also have a Final Value Fee if your timeshare does indeed sell.
The point here is that you need to do your homework if you decide to try to sell your timeshare via auction, advertising or resale company or agent. Blanket statements and generalizations are ok shortcuts for protection but you’ll end up keeping your timeshare for a long time waiting for the perfect deal.
But if you take a look at some of the completed sales, you’ll see hundreds of timeshares that do NOT sell for $1 or even some for $0.01. Yes, there are a few that go for a thousand or two, but those are quite rare and most are brand names that sold for $30,000 or more at the original point of sale. They are also the most desirable timeshares out there.
For many timeshare owners, their timeshare will not fall into this category. So, unless you have the option to go with a service like Timeshare Relief, just be prepared to pay some money upfront and simply wait. Then, again, you might want to spend that money on lottery tickets, the odds might be better.