Interval International: All You Need To Know
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Timeshare closing process
Learn about affiliated resorts, benefits, and more in our ultimate guide to Interval International membership!
Congratulations! You are one step closer to selling your timeshare. Get ready to learn how to list your timeshare for sale. Our licensed real estate agents are hard at work marketing your timeshare for sale and putting it in front of the eyes of the right buyers. You might be wondering what’s next. Don’t worry, we have you covered (like your favorite SPF).
If you have any questions during your timeshare listing or sale process, contact your Licensed Real Estate Agent with Fidelity. They can address your inquiries, make updates to your listing, and guide you through every step of the way.
When you list your timeshare for sale with Fidelity Resales, we will guide you step-by-step until your timeshare is sold. Our Licensed Real Estate Agents are experts in the process and will help you navigate the resale market.
When an offer is made on your timeshare listing, your agent will receive it. This is received via phone, email or online. After we receive an offer, we will contact you promptly to go over the details and next steps.
You can expect to hear from your agent at least every other week. We’ll check in and update you on your listing’s traction, or if any changes need to be made on your listing.
Fidelity Real Estate will market your timeshare for sale. However, if you choose to you can spread the word about your timeshare listing as well. This is going to help get even more traction!
We will do 100% of the negotiating for you, so you never have to speak with a buyer.
Depending on your listing, you are typically responsible for the commissions to Fidelity Real Estate. Usually, the buyer is the one to pay for closing costs and resort transfer fees.
On average, it takes 60 to 90 days to close on your timeshare once an offer is made.
Proof of ownership is important to have, but not necessary right away. This can be the deed of your ownership, a maintenance bill or annual assessment. If you have your original purchase documents, that’s usually the best place to start. If you don’t have these documents—don’t worry! Our agents usually have access to pull these documents for you in our database.
You can sit back and relax if you want, but we also recommend using every resource you have to share your timeshare listing. Share your listing across social media platforms, email it to your friends and family, etc.
If you have any questions or leads, you should call your Fidelity Real Estate agent.
We can always make updates to your timeshare listing. Call your Fidelity Real Estate agent and they will be able to change the asking price, unit description, or any other important details.
Your licensed real estate agent will be able to advise you what a competitive price will be for your timeshare. They give this asking price based on multiple factors from the resale market.
If it’s been several days with no offers, your licensed real estate agent will likely call you to ask about lowering the price. This should help attract a buyer, but you are not obligated to change the asking price if you don’t want to.
If your timeshare receives an offer, one of our Fidelity Real Estate agents will reach out and let you know. Fidelity Real Estate agents are licensed and qualified to assist you in the sale of your timeshare and will let you know as soon as an offer is made on your ownership.
As the seller, after you learn how to list your timeshare for sale, you have the option to negotiate closing costs, price and first use since it is your property. The amount you are willing to accept is entirely up to you.
No! Importantly, as long as the timeshare is in your name, you are responsible for continuing to pay your timeshare maintenance fees. Once the sale is complete and the title is transferred, you will no longer be responsible for the maintenance fees. Only when the resort transfers the ownership out of your name and into the buyers’ name can you stop paying maintenance fees.
At this stage your agent will be able to ask you for any extra documentation needed to verify the ownership. As the agents draw up contracts for the sale, they will need copies of marriage certificates, your deed, identification, and others depending on your situation. However, when you are preparing to close your timeshare sale, you will need originals of these documents.
No. Accepting or declining an offer is 100% up to you.
Let your Fidelity Real Estate agent know you would like to counter the offer and they can assist you in doing so.
Yes. Price and closing costs are negotiable. Remember, you have all of the negotiating power, it is YOUR ownership!
Once an offer is made on your timeshare that you are willing to accept, the timeshare must be then offered to the resort the timeshare is owned through. This is called the Right of First Refusal. More on the ROFR can be found by checking out “What is the Right Of First Refusal?”
In order to maintain the validity of the contracts our agents draw up, as a rule of thumb both parties have ten days to sign the contract in accordance with Florida State Law.
If you decline the offer, the buyer will be notified of your decision. Unquestionably, you are not obligated to accept any offer on your timeshare.
Fidelity Real Estate is a full-service resale brokerage that is here to help you sell your vacation ownership. Our licensed resale experts can give you a free consultation and get you started with NO upfront fees, ever.
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