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Sell My Timeshare NOW
Online marketplace for rentals, timeshares, and vacation homes
About Sell My Timeshare NOW
SellMyTimeshareNow.com (SMTN) operates as an online marketplace connecting timeshare owners with potential buyers and renters, addressing a significant gap in the secondary market for vacation ownership. Founded in July 2003 by Jason Tremblay, the company began as a small, home-based business to provide a viable exit solution for timeshare owners. The platform was established to counter the difficulties owners faced with traditional sales channels, which were ill-equipped for timeshare resales.
The company's business model is centered on providing advertising and marketing services to timeshare owners who wish to sell or rent their properties. Revenue is primarily generated through upfront advertising subscription fees paid by sellers to list their timeshares on the SMTN global marketplace. This model leverages advanced search engine optimization and digital marketing strategies to attract a global audience, generating millions of website visits annually and connecting owners with buyers and renters from over 225 countries. The platform facilitates offers to purchase or rent, and for certain packages, provides full-service support, including referring clients to licensed real estate agents and affiliated closing companies to handle paperwork and title transfers.
In July 2012, SMTN was acquired by Vacation Innovations, a provider of travel-related products and secondary-market services for the vacation ownership industry. This acquisition marked a new phase of growth, integrating SMTN into a broader family of brands that includes licensed timeshare brokerage and title transfer services. Vacation Innovations was co-founded in 1999 by Scott Roberts and Chad Newbold, who both have extensive backgrounds in business and law, which they applied to the vacation ownership sector. As of September 2020, Chad Newbold serves as CEO of both Vacation Innovations and SMTN, with Bryan Rand as President.
The service allows sellers to create detailed advertisements for their properties, which are then promoted to a large online audience. Buyers and renters can browse an extensive inventory of timeshares at thousands of resorts, often at prices significantly lower than those offered by developers. Over its history, SMTN has processed billions of dollars in purchase and rental offers for its advertisers, establishing itself as a major player in the timeshare secondary market.
Source: Dealroom company dataAt a glance
- Founded
- 2003
- Headquarters
- Orlando, United States
- Sector
- eCommerce & Marketplaces
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Edison Partners
Source: Dealroom Talent Intelligence.
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