One of the hidden dangers involved in selling a timeshare is the possibility of falling victim to timeshare resale scams. They are so unfortunately common that the Better Business Bureau lists them in their list of top 10 consumer scams. Selling your timeshare is often a necessity for many families, so how can you do so successfully without running the risk of timeshare resale scams?
There are a few things that can help your identify and avoid these fraudulent companies:
Tip #1: Are people complaining about the company?
A quick online search of the company you are considering working with will reveal if any previous customers have had a bad experience with the company. There are a variety of scam sites out there that do a good job keeping track of companies that should be avoided and urge customers to share their experiences.
Tip #2: Does the company require you to pay upfront fees for their services?
A great indicator that you may be setting yourself up for timeshare resale scams is if they require you to pay upfront fees for their services. In many cases, they claim these fees are for property assessment and listing fees, but of they charge more than $100 it is in y best interest to look elsewhere.
Tip #3: Can you get the terms of the agreement in writing?
A lot of companies will claim that in this paperless age that they no longer provide their terms in writing. This is completely false, and any company that isn't worried about whether or not their practices can be brought into question will be happy top robbed the terms of the agreement, as well as any upfront offers their provide to y, in rising for y to keep for your professional records.
Tip #4: Is the company accredited and highly rated by the Better Business Bureau?
A good initial indicator that the company you are considering working with may not be the most reputable business is whether or not they maintain a high rating with the BBB. This means that any disputes have been adequately handled by the company to the satisfaction of the consumer.
A great place to find out more on how to sell your timeshare and find reputable and successful timeshare resale companies for free is HowtoSellTimeshare.org. They have taken the guesswork out of finding companies that have the resources and reputation to get rid of your timeshare fast – in as little as 24 hours in some cases – without charging upfront fees. Click here to fill out a quick questionnaire about your timeshare to receive a free consultation to find the best timeshare resale company to help you today.
