Stroman Realty Celebrates 20 Years of Timeshare Auctions

Stroma Realty, Inc., dba Rii ® Strom, the world’s largest resort timeshare resale brokerage, held a Timeshare Auction on May 14th. The company has been conducting Timeshare Auctions since 1985. For the past two decades, consumers have benefited from this unique opportunity to either buy or sell a timeshare via a timeshare Stroma’s popular Auction format. Stroma’s Vigorously Timeshare Auctions are advertised and promoted. They consistently bring a positive response from the community and TIMESHARING have yielded thousands of resale for individual timeshare owners over the years.

Fortunately, Rii ® Stroma has been able to use the first-class services of their ace Dudley Althaus Auction for the Stroma Timeshare Auctions. Mr. Althaus’ accomplishments include Chairman of the National Auctioneers Association President 1989-90 and 1988-89; President of the Texas Auctioneers Association 1985-86; Texas Auctioneers Hall of Fame 1990 National Hall of Fame 1998, and Texas Champion Auction 1980. For the past 20 years, his long and distinguished career has been appreciated by both Rii ® Stroma and the auction participants.

The Stroma Timeshare Auctions are generally held on Saturdays and are conducted entirely over the telephone, by email, or by fax. The Auction format makes the process as simple as possible for the consumer. Properties registered for sale in the Auction are available to Stroma’s Timeshare Resale Specialists, all of whom are licensed REALTORS ®, who assist during the Auction. Buyers bid on the properties of their choice, and the sellers can either accept or reject the offers. Buyers pay the closing costs and transfer fees and the sellers pay a commission. The property exposure provided by the Auction process encourages continued long after the resale Auction is over.

With the challenge posed by international timeshare resale marketing, Rii ® Stroma consistently dedicated both its resources and expertise to improving its efficiency in assisting consumers to buy or sell vacation properties in the Secondary Marketplace. “People lead busy lives and have every reason to expect fast, quality service,” said Wayne Strom, President and Broker. “This fact underscores the need to stay on the leading edge of technology.” In 1982, Wayne Stroma created, designed and developed the CTLS © System, a custom software designed specifically for the purpose of matching a buyer’s purchase criteria to the individually -owned, timeshare properties on the market for resale.

Under original management since 1979, Rii Stroma ® is a licensed real estate brokerage located just north of Houston, Texas, specializing in timeshare resale services for buyers and sellers from all over the world. It is staff by over 120 agents and support personnel. On behalf of individual timeshare owners, Strom has resold vacation properties located at over 1200 different timeshare resorts in 47 states and 29 countries. Stroma has also closed sales with buyers and sellers from all 50 states and 85 countries.

Stroma advertise on a national and international basis in newspapers and magazines, via direct mail and on the internet for the owners who have placed their timeshare property on the secondary market for resale. The company also promotes the VacationWay © Program to over one million members of the National Association of REALTORS ®. The VacationWay © Program is designed to introduce vacation timeshare services to real estate agents’ clients and prospects. Stroma’s website, www.RiiStroman.com, has an online resort catalog comprised of over 5000 timeshare resorts worldwide, including both II and RCI affiliated resorts.

Is Selling A Timeshare Like Selling A House

This is question that we get asked a lot: is selling a timeshare a lot like selling a house?

We are here to tell you that selling a timeshare is a more daunting task than selling a house (read: it is easier to sell a house), and it is because timeshare units are not of real estate properties. They are, in fact, luxury items that you invest in for the sheer pleasure of an extended stay at a resort. It is not as important as having a roof over your head.

There can be a lot of reasons why you want to sell your units of timeshare. Maybe you want to invest your money in something that earns interest. You may need the money, or maybe you are simply not using your timeshares as much as you like. If it is not work, something always came up.

Most timeshare salesmen would be quick about telling you about how wonderful it is to have timeshare, you are able to stay at a five-star resort at the cost of a cheaper, but not necessarily cheap hotel. None of these salesmen will tell you about how difficult it is to tell timeshares.

But selling your timeshares really does not have to be that bloody. Here are some tips in selling your timeshares:

- Start at a realistic price. The prices of timeshares vary greatly, but your reselling price should be better than resorts prices for new timeshares. They must see the value of buying
a timeshare property from you.

- Advertise. Now matter how great a deal you are offering, you will not get an offer to buy if you do not tell people that your timeshare is for sale. You can have your timeshare listed with an agent or realtor or you can do it yourself. A realtor would typically not charge you a listing fee but would take a cut of the commission. But really, you are much better off advertising your timeshare with a listing company. It may charge a listing fee but the people that run it would know where to list the timeshare so it can get sold, however, it is your duty to find out the company you are dealing with is reputable. Doing it yourself almost always means you have to place an ad yourself.

- Accept and close. There will always be responses to your ad, so you have to be prepared to accept an offer to buy and close the deal. If you do not have the experience, it is better if you enlist a timeshare closing company. Doing it yourself might cost you a lot more than what you have to pay the closing company.

Out on the Internet, there are companies that broker buying and selling timeshares. The good thing about these companies is that they have a ready audience of over one million timeshare buyers and sellers.

Keep in mind that the first thing that potential buyers do when they respond to your advertisement is to take a tour of your resort and its surrounding area. That is where the resort directory comes in handy.

Bored Of Having Same Timeshare Vacation?

Are you bored of your timeshare? You don’t want to spend the same vacation every year? You want to resell your property? But timeshare resell is not a easy job. You will surly get less than what you have bought it. So how to get maximum cash from it? Below there are some tips for timeshare resale.

Estimate your property properly. Sometimes people make wrong estimation about the property and they end up getting much less than what they have expected. So price your property very well.

While buying a timeshare you sometimes buy the timeshare due to strong expert presentation by the salesperson. But after one or two vacation you get bored of it and want to sell it. Now many people think that they can sell the timeshare on the same price on which they have bought. But the truth is they can’t do this. Most of the time the resell is done on 50% – 60% less than the original value.

There are many companies who will buy timeshare for sell again. These companies offer you cash and a quick handover of the property. But they offer much less price. So if you are not satisfied with the price then you have one option left i.e. you have to sell the property yourself.

You can also search in the net timeshare free listing websites. These timeshare free listing websites are free advertising sources where you can list your timeshare. You can also pay in eBay to sell your website. The above processes to sell your property own are very time consuming.

So it is always better to sell your timeshare property to companies or through licensed broker.

There are many advantages and disadvantages of selling a timeshare through brokers.

The advantages are as follows:

1. No need to worry about the timeshare contract. They will definitely give you relief from Timeshare contractsTimeshare relief is when a timeshare owner wants to discontinue their timeshare and place it up for sale. See how timeshare rescue can help you get out of the timeshare trap..

2. The broker will be the bridge between you and the buyer. They will always interact with the buyers. Thus your time is saved a lot.

3. The broker will do the advertisement of your timeshare from his own pocket.

4. The brokers are highly skilled in negotiating the price for your timeshare. They may help you more money than what you have expected.

5. Brokers always have a great database of good buyers.

There are also some disadvantages of selling the timeshare through brokers which are as follows:

1. You have to pay a good commission to the broker.

2. There may be some extra charges like appraisal fees and upfront fees. Don’t pay the appraisal fee. While selling the property there is no need to give any appraisal fees.

3. When you are in the contract with the broker you can’t do a direct bid

4. Some time you may have communication error with the buyers when you can’t understand what the talk going on between the broker and the buyer.

5. Time delay in making a contract.

So you can see that reselling a timeshare is not at all easy. It will take huge time and pain if you don’t want to sell it at low price.