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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 licensed timeshare brokers

Rise iin Fractional Ownership

While timeshare properties have been popular for a number of years, a different yet similar choice is now starting to grow as a top option for those interested in these types of vacations. Fractional property ownership is on the rise, and it is able to offer quite a few benefits. Although it can vary based on the resort where people buy one of the luxury properties, one of the biggest benefits to these types of purchases is the fact that vacationers are going to have more time per year to vacation. Instead of the typical one – or maybe two – weeks that people get through traditional timeshares, the fractional vacation properties are able to offer several weeks at a time.

What are the Benefits?

In addition to having more time annually to vacation in your favorite destination, you will find that you also have a much greater enjoyment out of your vacations. You will be living in a premium condominium type or a high-end villa environment with most of the fractional home ownership programs that are out there today. This affords you more room and more amenities in many cases.

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Check out this short video about selling your timeshare with us! We could list dozens of reasons you should sell your vacation ownership property with the friendly and knowledgeable timeshare brokers hare at TBS, but that would make a really long video. Instead, we chose our favorites – the top four reasons to sell your timeshare here with us at Timeshare Broker Sales.

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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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Ten Signs it's a Timeshare ScamEvery year millions of people fall victim to scammers when trying to buy a timeshare or sell their timeshare. In fact, a recent Forbes article stated that "timeshare gripes were the fastest-growing category” of consumer complaints in 2012.

The unfortunate truth is that timeshare scammers prey on vulnerable individuals who are often in desperate financial situations. But don't lose hope. If you know what to look for, you can easily spot a potential timeshare scammer. If your potential reseller meets any or all of the criteria below, back away slowly. These warning signs don't necessarily indicate a timeshare scam, but they should raise a few red flags.

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LTRBA_LogoWe’re proud to announce that Donald Nadeau, owner and managing broker at Timeshare Broker Sales, has recently been appointed Membership Chairman of the LTRBA.

The Licensed Timeshare Resale Brokers Association is an organization of licensed real estate professionals, who hold strong business ethics, and place the interest of the client before their own interests. Our Professional representation offers a safe and legitimate platform in which the public can rely upon to buy and sell timeshares. – LTRBA.COM

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Stop by almost any timeshare forum and you’ll find discussion about purchasing a timeshare for $1 on for-sale-by-owner websites like eBay and Craigslist. These days, you’ll even find sellers advertising their property on personal Facebook pages! So what’s the deal? Why are there timeshares available for $1, and is it a good idea to buy timeshare from owners on FSBO sites?

The primary reason you’ll find timeshares for sale at such drastic discounts (often listed for $1 - $100) is because the current owners are no longer able to afford their maintenance fees and simply want the property off their hands. Sounds great, right? Well, that depends.

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We love finding good coverage of timeshare-related topics on mainstream media. We’ve recently stumbled upon some great advice at MSN Money that we’d like to make available to our website visitors.

The post, entitled: How to Buy and Sell Timeshares offers a comprehensive “overview” of timeshare resale best practices. Check it out and feel free to contact us with any questions about buying or selling vacation ownership property.

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Last week, the Better Business Bureau began an investigation into the legitimacy of an Iowa-based “vacation ownership closing company” going by the name of Wade Capital Management.

According to iowa.bbb.org, "the company purports to be located at 668 19th Street in Des Moines, Iowa; however, mail sent to this address has been returned as undeliverable. The address is a 7 unit apartment building. The owner of the building states that there is no business known as Wade Capital Management operating from such location."

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Selling your timeshare can be a tricky business. Unfortunately, unprepared sellers too often fall victim to timeshare scams or ineffective marketing schemes. Many sellers find themselves in difficult financial situations and, out of desperation, make rash decisions without proper research. Others simply don’t know the warning-signs. So, what’s the number one mistake timeshare sellers make, and how can you protect yourself?

Paying an upfront fee is the number one mistake timeshare sellers make. Whether a company is selling you ad-space on their “highly visible” website, or promising to close the sale for a “ready and waiting” buyer – it’s rarely worth taking the risk to pay upfront for services.

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Timeshare Broker Sales is a proud member of the Licensed Timeshare Resale Brokers Association. This morning, the Today Show recommended the LTRBA as a safe and reliable resource for selling your timeshare! Start the video at Minute 3:32 if you’re pressed for time.

Check out the video entitled How to Get Rid of Unwanted Timeshares

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