Timeshare Appraisal

If you are reading this you are probably looking to get an idea of what your timeshare is worth and to receive a timeshare appraisal of some sort. There are companies that charge for a timeshare appraisal, but we’re here to tell you it should be FREE. That is right, FREE! It is actually illegal for most companies to charge you for a timeshare appraisal. A simple and quick timeshare appraisal should consist of a reputable company looking over what properties similar to your are selling and renting for. Based on that information you would have a good idea of what your timeshare could be sold or rented for.

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To some, a timeshare is just like any other real estate property that can be appraised according to market value, as assessed by the appraiser. However, the truth is that a timeshare is not a regular piece of real estate and is very different from a real estate property. A timeshare has no absolute value because what you purchased is not the home but only the time to occupy that vacation home. Unfortunately you cannot appraise the time you will occupy the vacation home. When you purchased the timeshare, no appraisal was made. If you want to resell it or simply want to know its value, you will not need an appraiser to determine the value of the timeshare property. There is no need for an appraiser for a timeshare property and you don’t need to pay a $400+ appraisal fee to these companies. Don’t get yourself scammed by these brokers who will charge you something that is not even relative to the value of what you purchased.

The value of a timeshare property would depend on its location, amenities, and the demand. The market dictates the price of the timeshare property and you decide on what price to sell. You can compare your price list to the prices of different timeshare properties such as resorts, villas and other vacation homes so you will be able to see the benefits in case you would want to sell your timeshare in the future. Find reputable companies who have sales and rental data on timeshares similar to yours so there would be a good comparison between the two.