How to Become a Timeshare Broker
Before you can become a timeshare broker, you must first get a real estate license. Most states require real estate agents to hold their license for a certain period of time before they can apply for a broker's license. During this time, you can look for job opportunities, build contacts and gain experience in the field. All of these factors will make your job easier as a timeshare broker. In addition, you will have a better chance of getting the best deals on timeshares. Get
more helpful tips on timeshares with a click here.
The SMTN CEO decided to enter the timeshare commission business and hired Gary Shelton as a broker. Gary used Laura Selway, who was later convicted of embezzlement, to do timeshare flips. Gary would find a buyer for the timeshare and pay the seller a commission on the sale. The company would split the spread with Gary. Unfortunately, Gary had no real estate license, and the company ended up losing money.
The Timeshare Brokers Multiple Listing Service (TMLS) is a network of timeshare brokers. These brokers linked
here are licensed professionals with expertise in timeshare resale and vacation ownership. They can provide peace of mind to both buyers and sellers. By partnering with a TMLS, a timeshare broker can make a big difference in the sale of your timeshare. A timeshare broker's commission is paid only after the transaction closes, and there are no upfront fees.
A timeshare broker is an agent licensed in real estate, but they specialize in the resale market. Timeshare brokers are also required to study real estate laws in order to work in this field. While they can give you an estimate for the price of your timeshare, they cannot negotiate the sale for you. There are many things to consider before hiring a timeshare broker. Once you decide to work with a broker, you'll be glad you did. Check out this related post to get more enlightened on the topic:
https://en.wikipedia.org/wiki/Resort.