Selling Timeshares, Inc. has started a new initiative to educate the public about WorldMark by Wyndham timeshares and what the standard process is for the transfer of the property to help prevent timeshare fraud on the resale market.
Alameda, CA (PRWEB) April 18, 2012
Selling Timeshares, Inc. has started a new initiative to educate the public about WorldMark by Wyndham timeshares and what the standard process is for the transfer of the property. The company has had a long history of speaking out against timeshare fraud, and has continually praised the Florida Attorney General’s office for the recent passage of the Timeshare Resale Accountability Act, which aimed to end the rampant timeshare scams operating in that state.
WorldMark resales have helped literally thousands of travelers experience luxury travel accommodations more easily and cheaply than ever possible before. WorldMark by Wyndham’s vacation ownership has also come to be known as one of the most flexible and liquid timeshares on the resale market. The ownership offers over 60 resorts networked together through a flexible points system. WorldMark Resales allow the owner to access the WorldMark resorts without paying trading fees or worrying about the trading power of their week.
Due to the fact that WorldMark is a perpetual ownership, each owner will have the right to sell, will, or otherwise transfer the ownership. Many resale accounts come from people who purchased the ownership at a timeshare presentation, who now wish to sell the ownership for many different reasons. When coming to the secondary market, the owners are essentially competing with one another to sell their ownership. Generally, if the owner is truly motivated to sell the ownership, they will choose a listing price based on current fair market value. Current market value can fluctuate through time, and is generally based on recent, comparable sale prices to draw conclusions on what a particular ownership may go for. Keep in mind that by buying a WorldMark resale, an owner will save thousands of dollars and if they ever needed to sell the account, they will not have to suffer the same depreciation that retail buyers experience.
The Resale Market Explained
The WorldMark resale market has proven to be one of the most dynamic markets in timeshare resale. Many timeshare scams operate on the resale market but also a few honest brokerages still remain. These licensed brokerages will very simply offer the seller a free WorldMark resale listing, and will offer the buyer an accurate portrayal of the property’s attributes. Once both parties sign a written contract to officially accept the buyer’s offer, a third-party closing company is alerted of the sale. Closing will place the order for transfer documents, and oversee the full transfer process ensuring the best safety and ease of transfer for both buyer and seller. The company dealing with the money is not partial to either party, so their main interest is in upholding the agreement that was originally signed. All parties can rest assured knowing their property and deposits are in safe hands by using a licensed, bonded, and insured closing company.
There are many resources for finding useful information on how WorldMark resales work and how best to become involved. The Club is one of the most popular timeshares available, and so there is an extensive community behind the WorldMark system. There are many forums that were created specifically for WorldMark, and the company has gone to great lengths to be extremely involved in the culture behind being an owner. There are many online resources in addition to our timeshare blog, but we are always happy to have a licensed agent answer your questions in a free consultation.
About Selling Timeshares, Inc.
Selling Timeshares is comprised of a group of Licensed Real Estate Professionals with years of knowledge of the most valuable vacation networks offered in today’s market. They are a full service timeshare resale brokerage that does not charge an upfront fee to sell.
Follow them on twitter @sellngtmshrsINC
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Selling Timeshares, Inc.