That depends on you! Can you vacation every year? Can you plan your vacations at least six months in advance? Can you afford the annual maintenance fee?
If you answered yes to these questions above the answer is – keep the timeshare. If you decide to keep the timeshare you should also decide if you like the timeshare’s location and would be willing to vacation there each year. If not, you would need to decide whether or not you can afford being a member of an exchange company, that, for a fee, will exchange you week for another in a different location.
Otherwise Here Are Some Options
You can donate your timeshare. Just be careful that the recipient knows what comes with timeshare ownership: annual maintenance fees!
You can sell your timeshare. Selling your timeshare can be done several ways. Research has shown that using a timeshare realtor or broker is the proven way to get your timeshare sold, There are even places to advertise your timeshare for sale where timeshare realtors and brokers network with each other to see timeshare inventory. You can sell it yourself and pay no commissions, or you can use a timeshare broker’s assistance and pay a commission.
Which ever way you dispose of your timeshare remember the cost of selling it will always be less than paying annual maintenance fees.