'Buying a Timeshare on the Resale Market: Through an Owner Directly, or Through a Broker?'

In some cases, consumers looking to purchase a timeshare interest for a reduced cost may find a suitable option on the resale market. In fact, eagle-eyed sellers may be able to find listings for as little as a few dollars available on certain platforms.

However, it’s important to remember that this resale marketplace is not without its own set of pitfalls for consumers. There are certainly questions worth asking before attempting to purchase a timeshare on the secondary market.

One such question that tends to come up goes along the lines of this: “What is the difference between buying a timeshare on the resale market through an owner directly, or through a broker?”

Our own Michael Finn recently took on this common FAQ in a video interview, available here:

And here’s a transcript of his remarks:

“…Whether or not you use a broker depends on a couple of factors.

If you're buying it from a family member or somebody that you know very well, the chances are that you're going to get full disclosure as to exactly what you're buying. If you're buying it on the open market from a stranger, that stranger has no motivation to tell you things that might discourage you from wanting to make the purchase.

So, I do recommend - unless you're buying it from a very close and trusted friend or family member - that you use an experienced real estate broker. There are just too many pitfalls out there, things you would have no way of knowing that that broker is going to be able to help you with. In my opinion, if you're going to buy on the resale market, which I recommend, use a broker unless you're buying it from a very close friend or family member.”

For more perspectives on the advantages and pitfalls of the timeshare resale market for buyers and sellers, you may wish to peruse some of these additional resources from the Finn Law Group team:

Led by Attorney Michael D. Finn with 45 years of experience, the Finn Law Group is a consumer protection firm specializing in timeshare law. Our lawyers understand vacation ownership as well as the many pitfalls of the secondary market of timeshare resales. If you feel you have been victimized by a timeshare company, contact our offices for a free consultation. Know your rights as a consumer and don't hesitate to drop us a line with any questions or concerns.


No attorney-client relationship. Finn Law Group maintains this website exclusively for informational purposes. It is not legal or other professional advice and does not necessarily represent the opinion of Finn Law Group or its clients. Viewing this site, using information from it, or communicating with Finn Law Group through this site by email does not create an attorney-client relationship between you and Finn Law Group.

Nonreliance. Online readers should not act or decline to act, based on content from this site, without first consulting an attorney or other appropriate professional. Because the law changes constantly, this website's content may not indicate the current state of the law. Nothing on this site predicts or guarantees future results. Finn Law Group is not liable for the use or interpretation of information contained on this site, and expressly disclaim all liability for any actions you take or do not take, based on this site's content.

Please carefully review our full disclaimer (link) before proceeding.

© 2015-2018 Finn Law Group. All Rights Reserved. Designed By Geek Chicago

Finn Law Group maintains this website exclusively for informational purposes. It is not legal or other professional advice and does not necessarily represent the opinion of Finn Law Group or its clients. Please carefully review our full disclaimer (link) before proceeding. Review our privacy policy (link) here.