Royal Holiday Club is a fairly popular timeshare membership program. So if you are looking to sell this timeshare, you shouldn’t have too many problems doing so, as long as you price it reasonably. The problem is, with most sellers they really don’t understand what a reasonable price is for RHC credits.
Let me share this with you. I picked up 15,000 Royal Holiday credits for less than a $1000 dollars a few years ago, and that was including the closing costs. In fact, I think the timeshare auctions I was watching for that particular purchase were all about $100 to $200 range or thereabouts for the “winning bid” price. But once you add on the closing costs and transfer fees, that increases the amount that it costs by quite a bit.
Unfortunately, all this means is that if you are in the market to sell Royal Holiday Club, you are probably going to take a bath on the price if you paid the fuller developers’ cost for it. If you bought it on resale yourself though, and got at least a few years vacations out of it, even if you sell it for less than you paid for it initially, it should turn out well for you.
If you want to go the Ebay route to sell, I advise picking a closing company that does lots of timeshare closings. They will help make sure the transaction goes smoothly between you and the buyer and, most importantly, they will deal with the administrative work when it comes to the transfer. RHC can sometimes be a hassle to deal with so it is good to have an intermediary.
Normally, the buyer pays both the closing costs and the transfer fee, but if you are in a hurry to get rid of the membership before annual maintenance fees are due, then you might want to offer to pay part of these costs. Just keep in mind that the transfer fee is now $500 so it is a bit of a bite.
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