SOURCE: Sell My Timeshare NOW
DOVER, NH–(Marketwire – August 13, 2010) – Sell My Timeshare NOW, the global leader in timeshare resales and rentals, announces that the company is expanding its services, introducing important new options for timeshare owners.
Jason Tremblay, the company’s founder and CEO, says, “Timeshare owners want and need choices in how they resell their timeshares. In addition to the owner-advertising option Sell My Timeshare NOW has always offered consumers, we are expanding our timeshare brokerage service capabilities and will begin presenting those services as an additional option when sellers contact us.”
As part of the new business model, Sell My Timeshare NOW is transitioning to a sales team almost exclusively comprising licensed real estate professionals. The company is serious about de-emphasizing timeshare advertising as its primary product: beginning last March, it has been conducting in-house training at the corporate offices in Dover, New Hampshire, to help prepare employees for the required testing they will face in obtaining state real estate licenses. Tremblay says that he sees this as investing in the company by investing in its employees, and that SellMyTimeshareNOW will also be looking to hire additional licensed real estate professionals for its Orlando, Florida offices.
Sell My Timeshare NOW offers by-owner timeshare advertising sold by trained timeshare sales professionals, and its affiliate Timeshare Broker Services offers a full range of professional real estate services. In 2009, the company’s websites generated 61,743 offers to buy timeshare resales and 85,949 offers to rent timeshares.
Consumers who want to resell their timeshare intervals or timeshare points through Sell My Timeshare NOW can pay a one-time advertising fee ($599) for sale-by-owner advertising and marketing that the company provides through its highly visible, well-positioned websites. The owner’s timeshare ad remains on the company’s websites, continuing to be marketed until it sells, with the timeshare owner benefiting from a money-back guarantee should the timeshare sell through other means.
For owners who would rather let a licensed professional handle the details of the sales transaction, Timeshare Broker Services may be the better choice. Customers of Timeshare Broker Services pay no up-front fee to advertise their timeshares but will pay the greater of either a 15 percent commission or $2,000 when the sale of their timeshare closes. Brokered timeshare sales are conducted in much the same way as the sale of traditional real estate. “Both options are good choices,” according to Tremblay, but he says the company recognized the importance of making timeshare broker services more readily available to consumers, since many people simply don’t feel comfortable or have the time to be involved in the sales process personally.
Tremblay describes the overall timeshare industry as being in a period of growth and redefinition and discloses that Sell My Timeshare NOW recently obtained formal legal advice from the highly respected law firm of Baker & Hostetler LLP, affirming that the business practices of Sell My Timeshare NOW and Timeshare Broker Services are in full compliance with Florida real estate brokerage laws. Sell My Timeshare NOW is counseled by Robert J. Webb, RRP of Baker Hostetler, a board certified Florida real estate lawyer with substantial experience in commercial real estate, timeshare and hospitality industry law.
About Sell My Timeshare NOW
Averaging more than 2 million pageviews per month, Sell My Timeshare NOW provides internet advertising and marketing solutions for timeshare owners seeking to sell or rent timeshare while offering timeshare buyers and timeshare renters competitively priced vacation ownership and rental opportunities. The company offers timeshare brokerage through Timeshare Broker Services. Headquartered in Dover, NH with offices in Orlando, FL, Sell My Timeshare NOW has been recognized on the Inc. 500 and 5000 Lists for two consecutive years as one of the fastest-growing privately held companies in the U.S.
Vice President of Business Development