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Hey buddy, want to sell your timeshare fast?
This is the typical expression used by the telemarketers to hook people into another fraud: the Timeshare resale companies.
Lots of people are getting ripped off, and not just by the timeshare companies but also by the timeshare resale scam companies.
The reason why this happens is that many people who own a timeshare are desperate to give it away, since they’re not able to keep paying the high costs of maintenance because of the economic downturn.
Also, some of them were practically pushed into buying the property due to the high-pressured timeshare presentations, and others have just outlived the timeshare’s usefulness.
Whichever the reason is, anyone who finds himself in those kinds of situations becomes an easy target for the timeshare resale scam companies.
Timeshare Resale Scam Companies: How They Operate
These companies are also known as “Resale Service Providers”. They contact people, especially through phone calls.
The telemarketers claim to the person on the other side of the phone that the resales market is “hot”, and that selling their timeshare will be an easy job.
All they ask for is an upfront fee of about $300 to $700, which varies depending on the location and size of the unit.
After that, they promise to sell your timeshare for an equal price to your purchase cost, or even greater, so you can also generate profits, and that they count on an exclusive customer portfolio full of potential buyers who are interested in getting your timeshare.
Finally, In order to further entice the person, they guarantee to give them the money back in case they can’t sell the timeshare within a certain period.
That’s how the timeshare resale scam companies operate, described in a concrete manner.
Timeshare Resale Scam Companies: How to Avoid Them
There are 5 signs that will let you know you’re being a victim of a Timeshare Resale Scam Company:
- Unsolicited phone calls
- Upfront fees
- No real estate license
- Unrealistic pricing
- Inflated closing costs
If you notice any of those signs, you’re surely getting scammed. We give you the following tips to be prepared:
- Hang Up. If the company reaches you by phone, and you don’t ask for their services, there’s a huge possibility they’re trying to scam you.
- In case you decide not to hang up and hear what they have to say, never ever give your credit card numbers when they ask for the upfront fee.
- Do research on the company, since a large percentage of them turn out to be fraudulent.
- In no way trust a company that offers an unrealistic pricing, if it’s too good to be true, it’s not real.
- Be suspicious of any offers you receive to resell your timeshare. Check on the web to find out if the costs are realistic.
By following the last advice, you’re protecting yourself from the frauds made by the Timeshare Resale Scam Companies.
It’s also important to mention that the best way to get rid of your timeshare is by canceling the contract. In MTS, we don’t ask for any upfront fees until you see the results.
Contact Mexican Timeshare Solutions for a free consultation on your matter and full advice that will help you cancel your contract and finally get the economic stability we all need.
To receive more information about timeshare resale companies and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662.
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Leave your comment below and share your opinion with us. To know more about timeshare scams, go to: Timeshare Purchase Scams
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Gracias por compartir , hace unos años cai como 4 veces en empresas que segun me ayudarian a librarme de mi tiempo compartido , perdi mucho dinero intentandolo todo por la desesperacion de ya querer cancelar mi tiempo compartido , tengan mucho cuidado con esas compañias piratas.
Tengo un timesaher de un desarrollo de Mazatlán, me llegó una promoción para ir a Puerto Morelos al Grand Mayan grupo Vidanta, cuando llegamos nos ofrecieron varas promociones del hotel como bufete, spa, gimnasio etc y un desayuno de bienvenida, como ya tenemos tiempo compartido y en este hotel ya lo sabían no pensamos que se tratara de otra venta. Cuando fuimos al desayuno empezó el acoso y les dijimos que no, que ya teníamos, entonces me ofrecieron una disque compensación para dejar el timeshare que teníamos, dijimos que no, insistieron y que dejáramos un pequeño depósito ($3000), mientras se hacia el papeleo, cometimos el error de pagarlo, con tal de ir al circo Dusolei que supuestamente ellos estaba todo el año en el desarrollo, al otro día fuimos a sacar los boletos y resultó que no había temporada de este circo, decidimos cancelar (otro viacrucis) casi hora y media y mas de 5 personas diferentes tratando de convencernos (acoso) de que compráramos para poder firmar una carta donde solicitamos nos devolvieran los $3000 pesos, primero que porque tenia que firmar mi esposa la carta, la firmamos los dos y por fin dejamos el hotel. Comao a los 3 dias me llega un correo que se tiene que hacer otra carta pero solo firmada por mi esposa y con una cuenta de ella para reembolsar, siendo que yo pagué con mi tarjeta y en todos los comercios te regresan el dinero a la misma tarjeta con que pagas, lo que estoy entendiendo es que están usando estrategias para que me canse, aburra o desista de reclamar este dinero, pero voy a ir a la profeco, ya me asesoré y les va a salir mas caro porque tienen que venir a las reuniones de controversia a la ciudad en donde se ponga la demanda. No son lo $3000 en si si no forma en que te roban porque es un robo.
Saludos
Por mas que mis amigos me han recomendado adquirir un tiempo compartido nunca me he decidido , hasta hace poco un hermano que vive en estados unidos decidio comprar uno en cancun , mexico , me dijo que al principio todo muy bien, pero que despues de unos meses ya le estaban cobrando una enorme cantidad de gastos extras que el nisiquiera habia requerido..lo peor es que en el contrato que el habia firmado decia supuestamente sobre todos esos servicios que nisiquiera se dio por enterado , esten muy abusados con este tipo de personas
Most companies charge a fee upfront and try to sell your timeshare. They don't succeed and you still have to pay the fee.
Try a company that only charges you when they sell it with no upfront charge.
Tengan cuidado con estas compañías fraudulentas, todas las personas que tienen tiempos compartidos en cualquier desarrollo es probable que traten de venderles miles de ofertas que al final son puras estafas
nunca hacen nada, a mi me cobraron por adelantado.. y como era de esperarse nunca hicieron nada
I AM LOOKING FOR SOMEONE WHO RECENTLY WENT TO THE TIMESHARE PRESENTATION FOR SUNSET HOTEL IN CANCUN. I am looking for someone to veryify that they were also given a paper that showed the amount they pay to rent your weeks back to them for advertising. N0w they claim no paper exists. I AM ALSO WILLING TO PAY SOMEONE TO SEND ME A COPY OF THE PAPER. It shows $500.00 for studio and $1,000.00 for 1 bedroom. i was a sucker and bought the timeshare and now they claim they do not rent the weeks back unless i show them the paper and of course they do not give te paper to keep.
High pressure yes, Scam, not so much. As long as you are able to say no you will not have a problem.
High pressure yes, Scam, not so much. As long as you are able to say no you will not have a problem.
High pressure yes, Scam, not so much. As long as you are able to say no you will not have a problem.
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