Old Scam with New Tricks, So Sellers Beware!

Tampa, Florida – May 14, 2013:

Just when you think you have seen it all in the timeshare business, well, you get to see it again! This time around though, the shell company is different. This is how it goes:

The Scam Process

A timeshare closing/escrow company calls a timeshare owner purporting to have a buyer willing to pay $20,000 for the timeshare providing the owner sends money to complete the process, usually $400-2000. Once the “closing” is complete, they will get the $20,000. Of course, none of this happens, and the owner is out some money.

The difference here is that the “front” is a closing company, not a resale company. The closing company name has probably been stolen, and the scammers even refer them to the BBB report of the stolen identity. When a “closing company” calls, it is more credible in the consumer’s eyes, thus more likely to fall for the scam. Please note a simple fact: closing companies do not offer up inventory to anyone! They are a neutral third party transacting a sale. The idea that a closing company is offering up inventory for sale is ludicrous, but it seems to be working. In fact, it has gone viral!.

Sellers: Only Deal With Companies That Do Not Ask For An Upfront Fee

For sellers, never deal with anyone that requires upfront payments of any kind, for any reason. Deal only with licensed brokers that list and sell timeshares on the resale market. Timeshare Broker Sales is that type of company, with never a complaint on the BBB or elsewhere since the business was established in 2005. So, if there is any doubt about a deal that is too good to be true, it probably is. So give us a call, and we will check it out for you. Here in Florida, we work with the Attorney Generals’ office, the DBPR Fraud Task Force, in cooperation with the Florida Real Estate Commission (FREC).

To ensure ultimate reputability, Timeshare Broker Sales only uses licensed and bonded escrow companies. Timeshare Broker Sales is a BBB accredited business, and ARDA recommended broker, membership chairman for the LTRBA. For more information about Timeshare Broker Sales’ complete closing services, you may contact them toll free at: 1-800-985-9946.

About Timeshare Broker Sales

Timeshare Broker Sales is a timeshare resale company that has assembled a group of dedicated timeshare experts with more than two decades of timeshare industry experience. All of our agents are licensed REALTORS® and timeshare experts, committed to giving our clients the highest level of value and service. Our experts help timeshare owners sell timeshare with No Upfront Fees, as well as help buyers purchase the perfect timeshare resale at deep discounts.


Diane or Don Nadeau

19046 Bruce B. Downs Blvd. #42
Tampa, FL  33647
Toll Free: 800-985-9946