Hawaii Timeshare Resales
Rent a Timeshare

Timeshare Broker Beat

The Timeshare Broker Beat: Bringing you up to date information about the timeshare industry - from tips on scouting out the hottest new property to scam alerts for protecting yourself when buying or selling timeshare.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login
    Login Login form

New Tips for Timeshare Sellers from the BBB

Posted by on in Timeshare Scams
  • Font size: Larger Smaller
  • Hits: 3793
  • Subscribe to this entry
  • Print

In light of recent timeshare and closing company scams, the BBB has once again released new advice for timeshare sellers. The Better Business Bureau is designed to protect consumers from fraudulent business practices while setting market standards and encouraging and supporting best practices.

Timeshare Broker Sales wears its BBB Accreditation proudly as a way to signify to our clients that we are a reputable and trustworthy source for timeshare resales.

So, what does the BBB have to say about protecting yourself while selling your timeshare? Check out the full article, entitled “Before Selling Your Timeshare, Take This Into Consideration!” Or see our short-list below. Among their talking-points for safely selling your timeshare:

  • Reputation: Make sure that you are dealing with a reputable company. Check with the Better Business Bureau and Attorney General for previous complaints.
  • Licensing: Are they licensed? Check with the local Real Estate Commission.
  • Upfront Fees: Are there upfront fees? How much? Ed. Note: Beware of paying upfront to sell your timeshare. This is a hallmark of timeshare scams.
  • Associated Costs: Will you be responsible for monthly fees, annual and closing costs, percentage increases, commission, tax, etc.? Are these fees agreeable to you?
  • Brokerage or Advertising: Is the reseller actually advocating to “resell” your property, or simply advertise it for sale?

One final warning: If you are being promised that a buyer is “waiting in the wings,” it’s likely that this may be an attempt at misleading you into prematurely signing a contract or sending an upfront fee.

Don’t be fooled. Do your research and choose a reputable timeshare brokerage company, like Timeshare Broker Sales. We are leaders in vacation ownership resales, and we never charge an upfront fee for our services.

Comments