How Much Is My WorldMark Timeshare Worth?

Thinking about selling your WorldMark timeshare? If you bought your ownership from the developer, odds are you spent a good amount of money—not to mention the amount you’ve paid in annual maintenance fees and dues. But if you’ve decided to sell, you’re in luck. Putting some money back in your pocket by selling your WorldMark timeshare on the resale market is possible. But how much of that money can you expect to get back? And does WorldMark buy back timeshares? The selling price for your WorldMark ownership depends on a handful of factors, which we’ll discuss in this blog. Continue reading to discover the answer to the question, “How much is my WorldMark timeshare worth?”

WorldMark By Wyndham

If you’re wondering, “How much is my WorldMark timeshare worth?” then you’re probably considering selling your ownership. Although Wyndham is one of the best vacation clubs to join, we understand that our travel needs and finances change, and sometimes, selling is our best option. But before you go, consider the perks of WorldMark. With WorldMark’s points-based system, you can travel to over 90 resorts within the WorldMark by Wyndham portfolio! With the WorldMark system, vacations are made simple and fun. Visit the sands of Hawaii, Florida, California, Mexico, St. Thomas, and many others, all featuring world-class amenities and accommodations.

Moreover, the WorldMark program offers owners great perks, including its partnership with RCI. RCI is the leading vacation exchange program owned by Wyndham Destinations. WorldMark owners who become RCI members can exchange their WorldMark annual credits or weeks to explore the 4,300+ resorts in 100 countries worldwide. From Wyndham Branson to Hilton Grand Vacations‘ the Historic Powhatan Williamsburg, RCI features top vacation club brands you won’t want to miss. Owners with different ownership statuses can also enjoy extra benefits, such as last-minute vacations and exchanging points for plane tickets.

Ready to Sell Wyndham Timeshare?

If you’re ready to say goodbye to your WorldMark by Wyndham timeshare, consider working with the licensed experts at Fidelity Real Estate. Together, we’ll free you from your timeshare ownership and help you put some money back in your pocket.

Do Timeshares Retain Their Value?

“How much is my WorldMark timeshare worth?” Unfortunately, it’s not worth as much as when you first bought it. Like a car, timeshares don’t retain their “value” over the years. Timeshares are not a financial investment. They very rarely increase in value after their purchase. It’s essential that you keep this in mind when pricing your listing. One of the allures of the resale market is that potential buyers can purchase a timeshare for marginally less than retail. For example, the average price per credit is $2 to $3 if you buy directly from WorldMark. Yet, on the resale market, some people sell their points for as little as $0.25 to $0.40 per point. At the end of the day, everything is on a case-by-case basis.

So, you might be wondering, “Why do people buy timeshares?” Well, for people who plan to vacation yearly, a timeshare ensures they can do so while also beating inflation. When you buy a timeshare, you are essentially locking in today’s rates for future vacations you intend to take. The hefty price tag is for a product meant to last a lifetime; it’s not meant to be sold. A timeshare is an investment in experiences and personal pleasure.

How Much Is My WorldMark Timeshare Worth?

So, what determines the price of a WorldMark timeshare resale? Typically, a timeshare is priced based on the resort, the location, the season of use, the unit size, and/or the amount of points for sale, as well as any applicable expiration dates. For instance, a Hilton timeshare resale in Hawaii will be priced higher than a Marriott timeshare in Arizona. At Fidelity Real Estate, we always recommend that our clients browse the secondary market for similar ownerships to see what they sell for.

Although you probably won’t get back what you paid for your WorldMark ownership, it is imperative to price your timeshare competitively. Of course, one of our agents is happy to do this research for you. With decades of experience, we’re experts at pricing timeshare resales. However, if you sell WorldMark timeshare with us, you have the final say on the price. Your agent can offer expert advice and assistance in creating a competitively-priced listing. So, “How much is my WorldMark timeshare worth?” To know what your WorldMark timeshare points or week are worth, speak with one of our licensed real estate agents today at 1-800-410-8326.

Does WorldMark Buy Back Timeshares?

Since Wyndham owns WorldMark resorts, WorldMark owners have the luxury afforded by the industry’s largest vacation club system. This includes two notable exit solutions: Certified Exit—back by Wyndham and Wyndham Cares. However, does WorldMark buy back timeshares? The answer is no. WorldMark (Wyndham) does not offer owners a “buy back” program. Despite this, we always encourage owners to contact WorldMark/Wyndham before taking additional steps to list their timeshare.

WorldMark usually works with owners in good standing to find a solution to their specific circumstances. This Wyndham program offers the guidance of Certified Exit specialists at no cost. They can help you with selling points and offer resale guidance to protect you from scammers and sketchy third parties. However, although there are circumstances where WorldMark/Wyndham may “take back” your ownership, they will not purchase your timeshare from you. If, for whatever reason, you are unhappy with Wyndham’s solutions, please set up a free consultation with one of our licensed real estate agents at 1-800-410-8326. Again, does WorldMark buy back timeshares? No, they do not.

Get Out of Your Timeshare Contract (The Right Way)

Not all methods of exiting your ownership are safe. Many scammers take advantage of owners who are looking to sell their timeshares. So, if you want to part ways with your ownership safely and securely, learn more from the experts at Fidelity.

Beware of Scammers and “Out of the Blue” Callers

We can not express enough that no one should call you “out of the blue,” claiming they have a buyer ready to purchase your timeshares. Timeshare resale scams are avoidable if you are aware of common ones like this. A legitimate timeshare resale company will never call you unsolicited. In the absence of a timeshare listing, it’s unlikely that you’ll get a call from an unexpected buyer.

The offer from these unknown callers often exceeds what you originally paid for the timeshare. Sometimes, even thousands more than what your Worldmark timeshare is worth. This is your first red flag. As stated previously, getting more money than you paid for your ownership is rare. It is common for buyers to look at the resale market to add points to their ownership and get a great deal instead of paying full price.

Another thing to note is that an “agent” should never contact you unsolicited, asking for a substantial upfront fee or wire. This is another major red flag. You are selling your WorldMark timeshare, so you shouldn’t be paying upfront fees. Sellers, always proceed with caution. Unfortunately, if it sounds too good to be true, it probably is. Fraudulent exit companies like this have given people the false impression that a?timeshare is a scam and often make promises they can’t keep.

How to Sell a Timeshare Without Upfront Fees?

You should never have to pay to list your ownership. With Fidelity Real Estate, you’re safe from hidden fees. Our agents thoughtfully and honestly guide you through the selling process to get your timeshare off your hands. Learn more about how to sell a WorldMark timeshare without upfront fees by watching our video!

Sell Your WorldMark Timeshare on the Resale Market

With over twenty years of experience in the timeshare industry, Fidelity Real Estate, a licensed real estate brokerage, helps owners like you sell their WorldMark timeshare ownership regularly. As members of ARDA and the featured reseller for top vacation club brands, you can trust Fidelity to lead you confidently and seamlessly through the selling process. We have an A+ rating by the Better Business Bureau and a long history of successful sales. So, if you’re ready to sell WorldMark credits or weeks, contact us today. Together, we’ll create a listing for your ownership and competitively price your ownership, all with zero upfront fees. So, stop asking, “How much is my WorldMark timeshare worth?” and see for yourself! Call us today at 1-800-410-8326 and receive a free one-on-one consultation at no obligation.

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(Originally posted on the Fidelity Real Estate blog: https://www.fidelityrealestate.com/blog/how-much-is-my-worldmark-timeshare-worth/)