Wondering if now is a good time to sell your timeshare on the resale market? Fidelity Real Estate has everything you need to know.
In short, there's never been a better time to list your timeshare on the resale market. Here are a few reasons why.
People Are Eager to Travel
Billions put their travel plans on hold during COVID. Now that travel restrictions have lifted, people are more eager to travel than ever.
2024 Will Be a Big Year for Travel
In fact, 40% of Americans say they plan to travel more in 2024 than in 2023. That makes now a great time to sell your timeshare.
The Timeshare Industry is Growing
Demand for timeshares is on the rise, with sales forecasted to reach more than $29 billion by 2028, a growth rate of 7.28%.
More Flexible Options
One reason for the growth is more flexibility. Timesharing has evolved, with points-based ownership that lets you travel when, where, and for how long they want.
Shifting Demographics
The evolving nature of timeshares has attracted new generations. In fact, Millennials and Gen Z now make up half the market.
Regulation of the Resale Market
The resale market used to be plagued by scam artists. Now, regulatory bodies like ARDA have made it safer for buyers, and easier for owners to sell their timeshares.
Ready to list your timeshare on the resale market? Swipe up now to start the selling process with Fidelity!