Timeshare resale scams are some of the most common and potentially devastating consumer frauds out there and more people than ever are reporting these scams when they are trying to get rid of their timeshare. Taking the necessary precautions to avoid these scams is essential to a safe and successful sale. We know firsthand how troublesome these scams can be, and it took a lot of trial and error for us to figure out how to get it right, and we are here to share that information with you so you can avoid these easily avoidable mistakes.
There are three easy steps we recommend to avoid timeshare resale scams and sell your timeshare fast and effectively. These include:
Step 1 – Know Who You Are Talking To
As you begin looking for ways to sell your timeshare it is important to keep a list of everyone you contact. Many of these scams will contact their potential victims unsolicited, so if you didn’t ask for them to contact you it is probably best to move on. When possible, ask if you can contact them to ensure you are actually reaching who you are intending.
Step 2 – Do Your Research
Whether you have contact a company or they have reached out to you, it is so important to do your research before you agree to anything. Make sure they are who they say they are, are highly rated by the Better Business Bureau, and there are no outstanding complaints against them.
Step 3 – Never Pay Upfront Fees
Upfront fees are how these scams make their money, so if a company wants you to pay large sums of money (usually more than $100) upfront you should consider working with another company. Some fees may be required up front to cover some initial administrative costs, but these shouldn’t be a large amount of money. Any reputable company will receive payment once the property has sold.
These are just a few things to keep in mind while you try to sell your timeshare. We know how difficult and frustrating the process can be, and that’s why we have gone out of our way to provide the best information and service possible to timeshare owners just like you. Our free consultation will help you find the best way to sell your timeshare, and we can even recommend reputable companies who can help you avoid timeshare resale scams and sell your timeshare now. All you have to do is call or fill out our information request form and be on your way to timeshare freedom in no time!