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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.

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Subscribe to this list via RSS Blog posts tagged in avoiding timeshare scams

Fancy Vacationing Somewhere Different This Year?

Timeshares may get a lot of bad press for being associated with scams, but in reality the majority of timeshares are genuine (read our blog article ‘Ten Signs it's a Timeshare Scam’ for advice on how to spot a scam), and make for a fantastic addition to your property portfolio. Timeshares in getaway beach destinations such as Florida, Colorado, and Mexico provide buyers with a relaxing holiday each year without having to worry about the cost of accommodation. A common reason people are put off time shares is the idea of having to vacation in the same place each year, but this needn’t be the case. As a timeshare owner you have the option of arranging a timeshare exchange. Not sure what a timeshare exchange is? Remember the film The Holiday with Cameron Diaz and Kate Winslet? Well, in the film Diaz swaps her luxury LA home with Winslet’s cottage in the English countryside for two weeks over Christmas. This is basically what a timeshare exchange is, except that you will only be exchanging holiday homes; not your actual home.

Finding a Timeshare Exchange

The best thing about a timeshare exchange is that you can arrange one with anyone, anywhere RCIacross the world; you are not required to stick to a single country. So if you fancy two weeks in the French Alps, or three on the Spanish coast, there is nothing to stop you from having the holiday of your dreams. The only problem is actually finding a timeshare in your desired destination, and arranging for the swap; this is where it can get slightly tricky.

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$6.3 Million Judgement against Timeshare Resale ScammersThe attorneys at Ballard Spahr have just released word that The Federal Trade Commission and the U.S. District Court for the Middle District of Florida have entered a final judgment and settlement against a number of fraudulent timeshare resale companies who employed illegal telemarketing techniques to bilk timeshare sellers out of thousands of dollars.

The Scam

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Posted by on in Timeshare Scams

REALTOR_logoWe're always advising timeshare sellers to check the licensing of a potential timeshare broker before they do business with them.

Checking a broker's licensing is one of the most reliable ways to ensure the reputability of a given real estate broker; but it's come to our attention that not many people know how to check a broker's licensing.

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