This morning, the Tampa Bay Times ran an extensive story on timeshare fraud in the Florida timeshare resale industry. The article told the story of dozens of vulnerable, and often elderly, victims of timeshare scams, and the inability (or unwillingness) of law-enforcement officials to investigate.
How Timeshare Resale Scams Operate
Alongside the story, the Tampa Bay Times also offered this great resource – a quick slide-show that breaks down the mechanics of upfront fee timeshare resales entitled “Resale ripoff: When timeshare resale goes wrong.“
Click the link above to learn more about how timeshare scams operate. More than anything else, this story highlights why you should research your timeshare reseller carefully. Most importantly, always choose a licensed timeshare broker and never pay an upfront fee to sell your timeshare.
Check Potential Resellers for Complaints
According to data kept by the Florida Attorney General’s Office, timeshare resale companies drew complaints from timeshare owners in all 50 states and six Canadian provinces. The Tampa Bay Times included a list of timeshare resale companies with complaints filed against them. If your potential timeshare reseller is listed, proceed with extreme caution. If there’s an upfront fee involved – don’t even think about it.
Contact Timeshare Broker Sales
If you have any questions about timeshare resales, or you’re ready to sell your timeshare with a licensed broker – please don’t hesitate contact us today. Timeshare Broker Sales is a member of the Licensed Timeshare Resale Brokers Association, and a BBB Accredited Business. We never charge an upfront fee for our services.