Wanted to see if anyone has experience with cancelling their venue and either figuring something out with their venue manager (cancel without a big penalty), selling their contract on Facebook, or any other methods where they didn't lose thousands of dollars..
Short story: my fiancé and I are really regretting not doing a smaller destination wedding like we had initially planned on doing (my mom and sister convinced us to do a bigger wedding close to home). We talked about looking into cancelling our venue and doing our initial plan of a smaller destination wedding.
We are 13 months away from our signed wedding date - if we cancel now to 180 days before our wedding we would lose 50% of the contract value (we paid 25% at signing and we owe another 25% exactly one year before the wedding date). I don't see anything in our contract about being non-transferrable so I think we could find someone to take our contract. We have seen people try and sell their wedding venues on Facebook - I'm just curious if this actually works and if people are actually interested in buying those. We would probably offer a $1000 discount on the venue as an incentive (way better than losing the deposit).