SOURCE: SellMyTimeshareNOW.com

SellMyTimeshareNOW.com

September 24, 2013 08:51 ET

Timeshare Resale Leader Celebrates 10-Year Anniversary

EXETER, NH--(Marketwired - Sep 24, 2013) - In 2003, when SellMyTimeshareNOW.com (www.sellmytimesharenow.com) was launched, the company's founders did not anticipate that the company would, a decade later, lead the timeshare resale and rental market. Beginning humbly with only three employees working at home, the purpose of the web-based company was to provide timeshare owners a way to sell timeshares online, easily and securely.

Founder Jason Tremblay explains, "I had a personal motivation to start the website after seeing my mother, a lifelong timeshare owner, frustrated with the lack of options for reselling timeshare. I knew there had to be other owners who needed a resale resource they could trust, but I didn't know that the demand to sell and to buy timeshares would be so great or that our company would grow so rapidly."

To advance growth, in 2008 the founders of the company made available to Edison Venture Fund a minority portion of stock for an $8.5 million investment. Edison, known for its commitment to high-growth, entrepreneurial technology companies, remained the company's sole institutional investor until 2012 when Edison sold its equity interest as part of the company's merger transaction with Vacation Innovations, LLC, a company founded by Scott Roberts and Chad Newbold. The strategic partnership created the world's largest timeshare resale and vacation ownership marketing company.

Today, SellMyTimeshareNOW.com is one of multiple vacation ownership brands and one of the over 100 active timeshare websites owned by the company. In addition to providing by-owner services, the company now offers timeshare brokerage through licensed realtors working on a commission basis, timeshare rentals, secured resort rental bookings through Dial An Exchange, and timeshare services for resorts, developers and homeowner's associations (HOAs). The company's brokerage services are on pace to complete over 5,000 owner-to-owner vacation ownership resale transactions this year.

SellMyTimeshareNOW.com ranked on the Inc. 500 and 5000 Lists, (2008 and 2009) as one of the fastest growing privately held companies in America. With offices in both Exeter, New Hampshire and Orlando, Florida, SellMyTimeshareNOW.com is a respected innovator in the online advertising and marketing of vacation ownership and vacation rental products. The company is an active member of the American Resort Development Association (ARDA), the Canadian Resort Development Association (CRDA) and has the honor of serving as an ARDA Trustee.

Tremblay reflects, "It's hard to grow a business anytime; it's been unusually challenging to do so given the economy in recent years. I am extremely proud of all we've accomplished, the owners we've helped with selling their timeshares, the buyers who have bought fabulous vacation ownership at competitive prices, and the changes we have influenced in making timeshare laws stronger and better targeted. And it all began ten years ago this month with the resale of a single Manhattan Club timeshare made through our website."

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