How to Sell Wyndham Timeshare: Step-by-Step Guide

Despite being a titan of the vacation club industry, offering countless luxurious getaways to owners all of the world, your time as a Wyndham Destinations owner may be coming to an end. Maybe you’re looking to save money on maintenance fees. Maybe you’re lacking travel inspiration, or maybe you just don’t vacation as often as you used to. No matter your reasoning, we’re here to help make selling your Wyndham timeshare as safe and secure as possible. When exploring how to sell Wyndham timeshare interests, it’s important you know how to recognize and avoid potential scams, as well as get the most bang for your buck. So, let’s get started.

Consider Before You Sell Wyndham Timeshare

If you’re wondering how to sell Wyndham timeshare, there are a few factors that you may want to consider. As the largest vacation ownership brand in the industry, Wyndham Destinations has a wealth of benefits and opportunities for owners, many of which you may not have tapped into! Before you sell your Wyndham points or weeks, consider the reasons behind why you want to let it go. If you feel like you’ve seen all that the brand has to offer, it’s important to remember your options, a handful of which we’ll explore below.

Bank and Borrow Your Wyndham Club Points

Don’t forget that you can bank, borrow, and spend your Wyndham points however you like. This means you can save your timeshare points and/or borrow from future years to finally take that week-long dream vacation. With Wyndham’s points-based system, you’re not stuck visiting a single resort. With internal exchange, Wyndham timeshare owners can also use their Wyndham points to stay at over 220 resorts outside of their home resort. Plus, you can choose how long you want to stay and when you want to visit.

Not to mention, there are several brands under Wyndham Destinations’ portfolio, each offering unique destinations and ownership types around the world. These brands include Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Shell Vacation Clubs, all of which you can experience by exchanging your points. So, if you feel like you haven’t taken advantage of all there is to experience in Wyndham’s vast brand portfolio, this is a good place to start. Spending time at other Wyndham vacation resorts might inspire you to not sell your ownership!

Vacation Exchange with RCI

What’s more, Wyndham Destinations is the owner of the world’s first-ever vacation exchange platform: RCI. RCI allows timeshare owners to trade their Wyndham club points or weeks for stays at over 4,000 resorts around the world, as well as 30+ cruise lines, over 600,000 hotels, and 345,000 activities. So, the ability to become a member with RCI and expand your vacation horizons is a major benefit of owning a Wyndham timeshare.

However, if you were to sell Wyndham timeshare, you wouldn’t be able to reap the rewards of RCI’s seemingly endless exchange platform. Other RCI member perks include discounts on airfare, car rentals, and the RCI Mastercard. So, don’t let boredom with Wyndham’s portfolio or unmet travel preferences keep you from getting the most out of your Wyndham ownership with RCI.

How to Sell Wyndham Timeshare: Review Your Options

Still ready to sell Wyndham timeshare? No problem. First things first: When you decide to sell your Wyndham vacation ownership, there are several options to consider. The first thing we always recommend is to contact Wyndham directly to review your options. This goes for any and all vacation club brands outside of Wyndham as well. However, Wyndham has more in-house solutions for their owners than many other club brands. As a member of ARDA, which sets the ethical code for the resort development industry, and participant in the Coalition for Responsible Exit, you can rest assured that Wyndham will help you avoid scams, find a reputable resale company, and sometimes even take back your ownership.

Wyndham Cares

There is a lot more that goes into owning a Wyndham timeshare than you may realize, both financially and personally. Whether you are struggling with getting the most use out of your ownership or considering if the timeshare is still right for you, Wyndham Cares can help guide you. This free service can help you plan and book vacations or answer questions related to exiting your timeshare.

Not to mention, if you aren’t sure if you want to sell your Wyndham timeshare yet or you’re just not using it this year, don’t fret! Wyndham Cares can also help you rent out your timeshare and put some money back into your pocket for maintenance fees, excursions, and more.

Certified Exit – backed by Wyndham

This program by Wyndham offers the irreplaceable guidance to owners looking to sell or get out of their Wyndham timeshare. Replacing “Ovation,” Certified Exit – backed by Wyndham, is the one-stop resource for all questions you may have about exiting. This Wyndham service is centered around 5 points of protection: free service, easy, fast, safe, and backed by Wyndham. So, you’ll never have to worry if you’re in the right hands. Simply call and Wyndham’s Certified Exit Specialists offer guidance for each unique circumstance and offer solutions.

Furthermore, if your timeshare is paid off and you are up-to-date on all fees, Certified Exit allows you to return your ownership to Wyndham in what is known as a deed back. While Wyndham will not outright buy back your timeshare, putting no money back in your pocket, it is easiest and fastest way to exit your Wyndham timeshare.

Other options that Certified Exit can help with include:

• Transferring your ownership to another family member, completely for free!
• Applying for a hardship exception for the personal tragedy that no longer allows you to afford your ownership.
• Reducing the number of Wyndham points in your contract.
• Providing maintenance fee relief options.
• Selling your Wyndham timeshare on the secondary market.

However, should you decide to sell Wyndham timeshare instead, this program can refer you to a trusted and legitimate timeshare resale company, such as Fidelity Real Estate.

Common Resale Scams When You Sell Wyndham Timeshare

If you decide to sell Wyndham timeshare, there are some common red flags to look out for. If you choose to work with a resale company that is a partner of Wyndham, has a good BBB rating, and/or is a member of ARDA, you can relax knowing you’re in good hands. But while you’re reviewing all of your options, make sure you are aware of some of these common timeshare resale scams. Here’s how you can stay safe when you sell Wyndham timeshare on the resale market.

Timeshare Exit or Cancellation

First, be wary of any business or individual who promises they can “cancel” your Wyndham timeshare. Unless you are within the rescission period for your Wyndham contract, you cannot simply “exit” or “cancel” your Wyndham vacation ownership. The rescission period is the time period right after purchase in which you can “return” your timeshare. This period is determined by the developer or state and is stated within your contract. Just like you can’t “cancel” the deed to a house, you can’t cancel your ownership; you must either sell it or give it back Wyndham.

Timeshare exit companies and timeshare cancellation companies make false guarantees of getting you out of your ownership, tricking owners to pay high prices for few. What’s more, they will demand a steep upfront fee (often thousands of dollars) for a service that they really can’t provide. A successful “exit” or cancellation is merely foreclosing on your ownership. So, not only do they demand extremely high upfront payments, but the result of their services can also harm your credit. So, is the cost worth it? We don’t think so.

Out-of-the-Blue Buyers

Whether you are currently selling your Wyndham timeshare or not, you may receive phone calls from unrecognized numbers. They often claim that they are a broker with a “buyer waiting” for your property. In fact, they may insist the mysterious buyer is offering you more than what you originally purchased your timeshare for. Once they have you excited or anxious, they will likely ask for a “wiring” or “transfer” fee upfront. You should immediately take this as a sign that the caller is not legitimate. Be aware that this is, in all likelihood, a scam.

It’s important to know that a legitimate resale company will never reach out to you unsolicited. This is actually illegal! The owner must reach out to the resale company first. And if you have never posted a listing for your Wyndham ownership either, then you can be confident that this is a scam, and there is no buyer. Never send anyone money with researching the company thoroughly.

Are Upfront Fees Required to Sell Wyndham Timeshare?

As we mentioned before, timeshare cancellation attorneys or exit companies will ask for unreasonably high fees that are just not realistic. However, you should never have to pay to sell Wyndham timeshare. In fact, usually, the buyer will take on all transfer fees, commissions, and closing costs at the time of sale. Unless the buyer wants to negotiate otherwise, you should not have any upfront costs.

Some owners will choose to use an advertising company that specializes in vacation ownership to market their timeshare for sale. They will ask for a nominal upfront fee, or what they call an “advertising fee.” Keep in mind, though, that there is no guarantee that your timeshare will sell if you use one of these companies.

Yet, some owners decide to go this route so they have more control of the asking price and the sale. However, this doesn’t mean these advertising companies are untrustworthy. There are several timeshare resale advertising companies that are members of ARDA and also adhere to strict guidelines.

Sell Wyndham Timeshare with Fidelity Real Estate

When you’re ready to sell Wyndham timeshare, Fidelity Real Estate can help. As Wyndham’s Recommended Resale Brokerage and a Featured Reseller for the Coalition for Responsible Exit, we specialize in timeshare resales. What’s more, our licensed real estate brokerage has been in business for over 20 years assisting owners with selling their Wyndham ownership on the resale market. Our long-standing relationship with the top resort developers provides us with a unique edge and valuable perspective when it comes to selling your timeshare ownership safely and securely. Not to mention, we have zero upfront fees, as well as free consultations with our licensed agents to help you craft your listing and hit the market.

The Step-by-Step Guide

1. Get started by filling out a form on our website or calling one of our agents at 1-800-410-8326. We’ll give you a free consultation, at no obligation, to go over the services we can provide to you.
2. Then, we will create a listing for your Wyndham timeshare. Should you decide to accept our services, there are zero upfront fees. We will work together to create your Wyndham timeshare listing and set the offer price. Your agent can even give you an estimate of what other timeshares are selling for at your resort. Throughout this process, you will have direct communication with your agent, and we can adjust asking prices and such accordingly.
3. When a potential buyer makes an offer on your Wyndham listing, we will contact you to go over the details. Fidelity Real Estate agents can facilitate the negotiations for you. This includes who will be paying for commissions, resort transfer fees, closing fees, and more. Once we finalize all negotiations, we’ll write the contracts for you and the buyer to sign. This is done electronically via a secure e-signature website. This makes it easy for all parties to move along the closing process quickly and safely.
4. Once contracts are written and signed, it’s not over yet! The Right of First Refusal (ROFR) is in every timeshare contract. It gives timeshare companies, such as Wyndham, the right to review the sale before closing. Wyndham has the ability to exercise the ROFR and step in as the buyer. Essentially, if they choose to, they can accept all terms of the contracts and buy your ownership back. This often happens when a certain ownership at a resort is in high demand and the developer feels they can profit from buying it back then selling it themselves. Yet, if Wyndham waives the ROFR, this means that they are allowing the sale to continue between the original parties. The sale cannot continue until the developer waives the ROFR, making it an essential step in the resale process!
5. Once the developer waives the ROFR, we can direct you to a trusted title company that will transfer the title out of your name and into the buyer’s. The title company will process the title transfer. Then, they’ll send the new title and ownership documents to the resort and the county the resort is located in. But please note: It is crucial that you continue to pay your maintenance fees during this time.
6. After the title is transferred out of your name, you should contact the developer to confirm the membership is out of your name. Do not stop paying your maintenance fees until you confirm with the resort, HOA, or mortgage lender that you are no longer obligated to pay your ownership fees. Until this happens, you will still be responsible for paying the maintenance fees.

Can I Sell My Wyndham Timeshare?

As the owner, you are definitely able to sell your Wyndham timeshare if you choose to. Before you sell, make sure to research all of your options. These include renting out your ownership, gifting it to a friend or family member, or giving it back to Wyndham. However, if you’re wanting to get some money back in your pocket, selling on the resale market is the way to go. Yet, it’s important to note that like a car, a timeshare does not appreciate in value. You will rarely ever get back what you paid for it. So, make sure you have realistic expectations.

How Can I Sell My Wyndham Points?

There are many ways to sell Wyndham timeshare points. First, you can sell your ownership on your own by advertising your timeshare points for sale online. This can be through social media or on various timeshare owner forums. There are also timeshare advertising companies that market your property for you, as well as licensed real estate brokerages, like Fidelity Real Estate, that specialize in timeshare resales. If you do decide to sell your timeshare points on your own, familiarize yourself with the entire closing process. Closing can be complex, and every detail matters!

Can I Sell My Timeshare Interest Back to Wyndham?

Through Wyndham Cares “Certified Exit – Backed by Wyndham,” owners may be able to return their timeshare back to Wyndham. However, unless Wyndham invokes their ROFR, they will not be “buying” back your interest. They will simply be taking it off your hands. Before you attempt to return your Wyndham timeshare, make sure your loan is paid off and all maintenance fees are up-to-date. We also suggest contacting Wyndham Cares directly to review your options.

Sell Wyndham Timeshare with Fidelity Real Estate Today

If you’re ready to sell Wyndham timeshare, then consider Fidelity Real Estate. Whether the cost of maintenance fees has become too much to handle, you’re ready to scale back on traveling, or you’re simply not enjoying your ownership anymore, Fidelity is here to help you and your specific needs in any way that we can. Not only are we a member of ARDA and have an A+ rating by the BBB, but we have decades of experience under our belt, with highly skilled licensed real estate agents who specialize in buying and selling timeshares. What else could you need?

If you’re ready to get started with selling your Wyndham points or weeks, sell Westgate timeshare, sell Marriott timeshare, and others, please email us at [email protected] or call us at 1-800-410-8326. Or, fill out the form below! Our licensed real estate agents are ready and happy to help!