Broker Information

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Timeshare Costs and other Timeshare topics.

Should I use a broker?

Broker Information

Before signing a legal contract to work with any individual licensed broker, inquire about their informational package and request a copy. Enclosed should be a complete, in depth explanation of the type of services the broker plans to provide and the fees involved. Nearly all brokers will ask for a minor upfront fee for listing a timeshare and a good faith deposit that ranges any where from 5 to 10% to make offers for a prospective buyer. In most situations the seller will also pay a commission of 10 to 30% at the close of escrow. Read the broker's information package from beginning to end so there will be no hidden surprises in this area!



Nobody has commented on this tip yet. Be the first.


URL: (optional)


Not finding the advice and tips you need on this Timeshare Tip Site? Request a Tip Now!

Guru Spotlight
Jerry Mayo