Resale of Your Cypress Pointe Timeshare

Although we hope you are happy with your ownership at Cypress Pointe Resort, things can change in owners lives and they may find owning a timeshare no longer fits in with their lifestyle. The Cypress Pointe Resort HOA and Management are not set up to offer resale services to owners at the present time.

We do have weeks that have come to the Association for sale due to foreclosure and to help sell those weeks we have set up a mailing list of owners interested in obtaining additional time at CPR. If you want you can forward the details about your week and the asking price. That information can be posted to that owners group in hopes of a sale. Email the information to bid@cypresspointe.net. Again any contact from that list would be between the two individuals. The HOA is not involved in any way in any sale resulting from a contact on that list. It is offered solely as a convenience for our ownership.

There are also low cost options on the web for timeshare resales. Both TUG (Timeshare
Users Group) at http://www.tug2.net/ and the Timesharing Today Magazine web site
http://www.timesharing-today.com/ (both groups also have links on our home page) offer classified ads for under $50. As they have other timeshare owners as regular visitors you get an interested audience at a low cost. Also EBay offers a timeshare area for their auctions. The Cypress Pointe HOA has no affiliation with any of these groups and offers them solely for the information of our owners. There are many others with low listing fees.

Finally there are commercial resellers for timeshares but be very careful if you use one.
Many ask for "upfront" fees of $300 to $700 or more. DO NOT PAY a large upfront fee!
Anything over $75 is too much. History has shown over and over again that companies
that get $100 or more as the listing fee do little or nothing to actively promote your week.
Don't be fooled by promises from these groups - the total commission earned for most
timeshare resales is $1,000 or less. If they already have a good part of that paid by you with no effort on their part why would they expend time and money to make a few more dollars? Meanwhile you
are still responsible for the maintenance fees and taxes, are out the listing fee (or
appraisal or whatever they may call it) and haven't received any money for your week
only more expenses. Take the $1,000 you would pay as commission off your asking price
and you are more likely to get a sale.

Price your week VERY aggressively if you want a sale. Remember that every year you
will have to spend $600 or more as long as you remain an owner. Not a bad price for a week in a three bedroom luxury condominium but too much to pay if you no longer want to be an owner.

A quick sale is in your best interest. Forget what the developer sold it to you for or what
they ask for a week now. Those sales are under very unique and costly circumstances (free gifts, sales people, lunches, etc) that you don't have and couldn't afford for the sale of a single week or two. It is common for a owner sale to be one-half or even one-third of the original developer sale price. Your competition in a sale is other owners - not just other Cypress Pointe owners but anyone trying to sell a timeshare week - many of which are priced very low to simply stop paying the annual fees. Your price may have to be at or considerably below this level for a sale.

We hope this helps and wish you the best on your sale. There is a buyer out there
for your week. If there is anything we can do to help please feel free to contact us at any
time. Email hoa@cypresspointe.net.

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