If you invested in a timeshare thinking that it would encourage your family to take annual vacations only to find that you just don't have the time, you may be thinking that it's time to resell that timeshare and let someone else enjoy it. Before you decide whether or not you're going to sell, there are a few things that you should think about.

You Need To Review Your Contract

Your original purchase contract is going to detail a lot of information that you need to understand before you resell the timeshare. In fact, there may even be an entire section in the contract that details your rights and responsibilities when it comes to reselling. You may have received some amenities as part of your purchase that won't transfer over to the new owner according to the terms of your contract, so you need to understand those limitations before you try to list the timeshare for resale.

You May Not Get Back What You Put In

You may think that you can list your timeshare for what you paid and recoup your investment in its entirety. This isn't usually the case when you're dealing with the resale of a timeshare investment. Secondary timeshares, or those that are resold from their original buyer, usually sell for a fraction of their original price.

If you've paid your timeshare off entirely, other than the annual fees, you may be more flexible in your listing price and have a good chance of selling quickly if you list it at a deal. However, don't expect that you will get the balance of your financing in the sale if you still owe on it. Work with a timeshare resale specialist to ensure a reasonable price and expectations.

You Will Need To Do Some Marketing

Secondary market timeshares are often widely available, and it's hard to set any single timeshare apart from the others in a listing. This is especially true if you have amenities that aren't going to transfer to the new owner. 

As a result, you'll need to make sure that you tailor your marketing for the listing to grab attention. That way, you stand a better chance of selling your timeshare not only faster but also at a fair price.

The more you understand about reselling your timeshare, such as the Marriott destination points, the easier the process is going to be. Make sure that you work with a timeshare resale specialist to ensure that you get the best possible price.