Life is full of surprises and changes can occur unexpectedly. Because of this, sometimes owning a timeshare doesn’t fit your lifestyle anymore. Wondering about the process of how to sell Bluegreen timeshare? If so, you have come to the right place. In this blog, we will walk you through our process so you can discover the best and safest method to start selling your timeshare.
About Bluegreen Vacations
From flipping residential properties in Massachusetts in 1986 to becoming one of the best vacation clubs in the world, Bluegreen Vacations is loved by many vacationers around the world. They entered the timeshare market with their flagship resort, Mountain Loft in the Smoky Mountains of Tennessee. With a focus on technology, innovation, and sustainable travel, Bluegreen has joined forces with Bass Pro Shops. Bluegreen timeshare owners can choose from a variety of resorts located in 23 U.S. states and across the country, including Aruba, and the Bahamas.
How Do Bluegreen Timeshares Work?
Bluegreen, like many of the best timeshare brands, has switched to a points-based system where owners purchase points that they can use yearly. However, there are still Bluegreen timeshare weeks if you are interested in that type of ownership. These fixed-week or flex-week options don’t offer as much flexibility to timeshare owners. With Bluegreen points, you receive Vacation Club Points as part of your annual allotment when you become a deeded Bluegreen timeshare owner. Through Direct Exchange, Bluegreen Vacation Points can be used at resort stays within Bluegreen’s vacation club network.
How To Sell Your Bluegreen Timeshare
Learning how to sell a timeshare can feel like a tricky process, so we’ll do our best to make it clear. The first thing you should do if you want to sell a timeshare is to call your resort or contact Bluegreen directly. When you contact Bluegreen they will direct you on the right path to getting out of your ownership.
Most likely, they will refer you to a recommended reseller, like Fidelity. Sometimes resorts buy back timeshares from their owners, so if you’re curious about this option, ask Bluegreen. When you call your resort, they can help you determine if selling is the best option. Additionally, you can visit ResponsibleExit.com, a great resource for owners who want to get out of their timeshare. We’ve put together some other avenues you can take before or while selling your timeshare below.
Travel More with Vacation Exchange
Did you know Bluegreen is affiliated with RCI? This means you can trade your Bluegreen timeshare week or points for others on the RCI network. Not to mention, RCI has tons of exciting resort options for members to visit. If you haven’t yet tried vacation exchange, it may be worth considering if you want to fall back in love with your timeshare. Next, we’ll discuss more options on how to sell Bluegreen timeshare.
The Best Timeshare Companies for Reselling
If you’re looking at different timeshare resale companies to help you sell, we have a few pointers to help you make the right decision for your family and your situation. The best timeshare resale companies are out there, you just have to know what to look for.
ARDA
When perusing your resale company options, be sure the company you choose is approved by ARDA and the BBB. ARDA is the American Resort Development Association – the trade association for the vacation ownership industry. Undoubtedly, ARDA works hard to ensure owners are protected from scams and only accepts a company that has high standards of integrity. Not to mention, Responsible Exit was actually created by ARDA to give owners reliable options for exiting their timeshare.
Selling Timeshare with Fidelity Real Estate
When you’re ready to sell Bluegreen timeshare, our team at Fidelity Real Estate is ready to help. Our process for owners is simple, not to mention, we have expert agents who specialize in all brands of timeshare, Bluegreen included. The first step to selling your timeshare with us is to fill out a form online or give us a call. Then we work with you to create the perfect listing to advertise your timeshare.
List Your Bluegreen Timeshares For Sale
Once the listing is made, we get to work marketing your Bluegreen timeshare online to people who are looking to become an owner on the resale market. Then, when an offer is made on your timeshare, we’ll let you know. It’s up to you to decide what offer you want to take. Once you have decided on an offer, we will help you through the closing process.
The best thing about working with Fidelity Real Estate? There are NO UPFRONT FEES for listing with us. Additionally, you can call us now or fill out the online form below for a free, zero-commitment consultation about how to sell a Bluegreen timeshare.
Right of First Refusal
Every timeshare ownership contract includes a Right of First Refusal (ROFR). You must send the signed contracts between buyer and seller to Bluegreen before you can sell your timeshare or points. The terms of the sale, including the offer price, home resort, ownership type, and any other ownership details, will be reviewed by Bluegreen. It is possible for them to exercise their ROFR if they assume the role of a buyer and accept all the terms negotiated. If Bluegreen waives the ROFR, the sale can continue between the original parties.
The Closing Process
After the ROFR is over, you will continue with the closing process. In order to complete this final step, you will need to choose a title transfer company – we can recommend one for you, or you can choose one on your own. After the title transfer is completed, the title company will send the new title and documents to the resort and the county where it is located. Depending on your resort’s location and the closing company, this can take some time. Don’t worry, it’s almost finished!
Make sure the membership isn’t under your name by contacting your home resort. You should confirm with the resort that the new owner has taken over before you stop paying. You will continue to be responsible for annual maintenance fees until this is done. Once this is done you have officially sold your Bluegreen timeshare.
Check out our video, How to Sell Timeshare Without Upfront Fees to learn more about our services and how we can help you sell your Bluegreen timeshare.
Timeshare Resale Scams to Avoid
While there are several companies that offer safe ways to get out of your timeshare there are a few bad apples to be aware of. Below is a list of the three main scams to look out for on the resale market.
- Out-of-Blue Phone Calls from Non-Legitimate Buyers: If you ever get a phone call from someone claiming to be a brokerage or resale company saying they have a buyer you might think it is legitimate. Unsolicited calls from a resale company are illegal. Resale companies who are legitimate will never contact you out of the blue with an offer unless you’ve already spoken to them or given permission for them to contact you.
- Timeshare Contract Cancellation or Timeshare Exit Lawyers: The truth is that you cannot cancel a timeshare contract. In a lot of ways, owning a timeshare is like owning a piece of real estate. Purchasing a timeshare comes with a rescission period, but after that period has expired, the best option is to sell it. Thousands of timeshare owners fall scam to a timeshare cancellation company. Money-back guarantees may be promised, but they are rarely honored. Not to mention, they have outrageous up-front fees.
- “Stop Paying Your Timeshare Maintenance Fees:” It is common for cancellation attorneys or exit teams to suggest stopping your timeshare maintenance fees as part of a timeshare resale scam. In the event that you stop paying these dues, you will lose your ownership and your credit score will be affected.
Read more: Timeshare Resale Scams to Avoid!
FAQ: Sell Your Bluegreen Timeshare
Sell Bluegreen Timeshare with Fidelity
If you want to safely exit your timeshare and say goodbye to your maintenance fees, let us help you. Start by filling out the form below for a free one-on-one consultation. We are happy to help you sell your Bluegreen timeshare ownership and answer any questions you might have.