If you are considering buying or selling a timeshare, it is important to know what the licensing requirements are in the State where you are considering the selling of a timeshare or purchasing a timeshare resale. My advice is to always use a licensed professional when buying or selling a timeshare. By working with a licensed professional you are assured that every transaction is in compliance with the laws of the state where you wish to buy or sell a timeshare and that you will receive the appropriate disclosure statements and rescission period. A licensed timeshare broker is required to provide you with any disclosure statements and inform you of rescission rights for timeshare sales.
The majority of States require some type of license in order to sell timeshares or timeshare resales. Some States require a real estate license while other States require a special timeshare license and several States have no licensing requirement to handle sales or resales of timeshares.
Following you will find a list of States that require a real estate license, States that require a timeshare sales license and a list of States that do not require any type of special license in order to sell timeshare or timeshare resales.
A real estate license is required to sell timeshare and timeshare resales in the following States:
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Nebraska, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, Vermont, West Virginia and Wyoming
The following States require a timeshare sales license (not a real estate license) in order to sell timeshare or timeshare resales:
Montana law requires a person offering timeshare intervals in a project located in Montana to be licensed as a timeshare salesperson and affiliated with at least one registered timeshare project.
Nevada requires a Time Share Representative license which is issued for a one year term or a Time Share Agent license which is issued for a two year period and requires 6 hours of continuing education upon renewal of an active or inactive license.
South Dakota law states the Real Estate Commission may issue restricted brokers’ or salesmen’s licenses for time share brokers or salesmen.
Tennessee requires 30 hours of classroom training prior to taking the Timeshare Salesperson test to become a licensed Timeshare Salesperson.
Washington only requires a registration application to become a licensed Timeshare Salesperson.
The following States do not require any special license in order to sell timeshares or timeshare resales:
Illinois, Louisiana, Minnesota, Missouri, New Hampshire, North Dakota, Oklahoma, South Carolina, Texas, Utah, Virginia and Wisconsin
Advantage Vacation is a licensed real estate brokerage specializing in timeshare resales of popular, name brand timeshares of Hilton, Hyatt, Marriott and Westin Starwood. Our business has been built on relationships and we pride ourselves on providing excellent service to our clients. You are assured of prompt, courteous and professional service (before, during and after the sale.) Let us help you find just the right timeshare for you and your family!
Advantage Vacation is a member of the American Resort Development Association (ARDA) and offers the best buys on the timeshare re sales market today. We never charge an upfront fee for clients who want to sell a timeshare and only receive a commission, paid from escrow, when the transaction is closed.
We are leaders in the timeshare resale secondary market, have been in the timeshare industry for over 30 years and are Accredited Members of the BBB with an A+ Rating.
Advantage Vacation is using Twitter and Facebook to help educate people on the changes in the timeshare industry along with current timeshare tips, up to date timeshare news and timeshare FAQ’s.
We hope you will follow us and our blog, Timeshare Blogging by Advantage Vacation for the latest news and reviews. If our site does not answer your question or questions, please email us your question and we will answer it and add it to our library. Make your voice heard – what questions do you have?
At Advantage Vacation you can be assured you are working with professionals who believe that honesty and integrity are the most important aspects of the business they are in – timeshare resales. Our business has been built on relationships and we pride ourselves on providing excellent service to our clients.
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