Tips for Relief from Timeshare Resale Company Scams

Where resale scams do came from? As a matter of fact, there are a lot of resale scams circulating today. Usual victims would be those in a hurry to be free from the burden they get from their timeshare. Like those timeshare owners who would like to have timeshare relief, not realizing they fall as victims of timeshare scams.

Follow the simple eight tips to make yourself be aware:

1. The infamous buyer waiting – don’t believe when a sales representative tells you that a buyer or renter is waiting unless you have the only timeshare for sale.

2. The crystal ball – don’t believe that your property can be sold at a specific or estimated time since they don’t have crystal balls that will predict when a piece of vacation property will sell.

3. Sales representatives don’t sell timeshares – they are not brokers or agents, all they do is simply include your properties in listings. They either wait for another seller or some buyer/renter.

4. Inventory manager close – this is where you are being handed to an inventory manager and quotes how much they need to have your property included in the listings.

5. Over valued scam – don’t believe if you’re told that your timeshare is worth thousands more, because chances are they are already worthless.

6. Unregulated fee scam – make sure you will not be paying more for your advertisement, if possible ask for a discount and not let the sales representative know you’re capable of paying much

7. The open house scam – this is one of the sales tactics that sales reps would use, saying there would be an open house during the weekend which is an ideal time for you to place your ad.

8. The deferred payment – this is where you’d be offered to pay your fees in installment if you sign up with them today. This is just a usual tactic to hurry you into the sale.

Don’t let anybody fool you, be vigilant enough to protect your interest. Even if you already want to get rid of your timeshare, make sure that you’ll be doing it right.