It is no secret that there are lots of people out there who want to get out from under their timeshare properties. The reason consumers want to sell their timeshare properties varies from them simply not utilizing their timeshares to not being able to afford to keep their timeshares any longer. Sadly, as a result of the vast majority of Americans who want nothing more than to get out from under their timeshares are elderly people, they have become the prime candidate for timeshare resale scams.
In the old days, if someone called then they were usually worth talking to. No one would ever think that a scam would take place on the telephone. Today, this has changed. This is why it's important for Americans who own timeshares to know what to look for when they pick up the telephone!
Before consumers can precisely see the difference between a scam caller and a well built agency, it's imperative that these consumers know what's going on in the timeshare market. Because of overwhelming expansion of timeshare developers over the past several decades and financial hardship forcing consumers to want nothing more than to sell their timeshare properties throughout the past several years, there has been a quickly growing number of timeshares placed on the sales market. This increased the availability of timeshare properties to the consumers lowering the price. Also, as a result of the world wide financial recession that we have been facing for some time, the demand for luxury products like timeshares has drastically decreased. With that said, it's almost impossible to just sell a timeshare property in this market let by it's self, generate a profit from the timeshare property.
With that said, here are a few things to look out for if someone calls from a timeshare sales corporation:
1. “I already have a buyer for you”: One of the several ways that con-artists scam consumers is by making a call starting with “I already have a buyer for you”. This statement by it's self is powerful enough to snag the attention of a great deal of consumers. Lets be honest, with such a large number of people wanting to sell their timeshare properties, it only makes sense that such a grand claim like this would grab a large amount of attention. The unfortunate reality is that if a caller says anything that even insinuates that they already had a buyer for a timeshare before they made the call, chances are, this representative represents a scam!
2. “You will make thousands”: This is another statement that is often made by representatives of scam based companies. It is obvious after a simple understanding of the market that making money off of a timeshare these days is almost impossible!
3. Unavailable Caller ID: Fortunately, there are a lot of laws that protect people from telephone based scams. With that said, no scam company wants to show who they are on caller ID the legal implications would be too much to face. Therefore, as consumers, it is important to look at the caller ID when answering a solicitation phone call!
Another fortunate side of this whole thing is that there are indeed several legitimate companies that can help relieve the burden of timeshare ownership. Below, I have included a few links to trusted companies! However, don't take anyone's word for it! It's important that Americans always do their research before making a decision regarding how they are going to end the burden of timeshare ownership.
This article was written by Joshua Rodriguez, an avid consumer advocate! When it comes to timeshare sales and cancellation, Joshua trusts:
American Resort Resolutions: Timeshare Cancellation
A Timeshare 2 Sell: How To Sell Your Timeshare, How To Sell A Timeshare
If you have a consumer advocate product or service and would like to be featured in some of Joshua's articles, please call (561) 856 – 4721!