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Timeshares Only: Timeshare Resale Fraud

Timeshares Only: Timeshare Resale Fraud
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If you have a timeshare you want to get rid of, it is very important that you consider all the possible solutions regarding timeshares. Beware of fraudulent, overpromise companies.

Over the past few years, there has been a growing number of frauds being perpetrated against timeshare owners.

A big percent of these scams have a connection with timeshare resales. 

Desperate to get out of a timeshare ownership, thousands of owners choose to put their timeshares up for sale, which becomes in a big struggle due to the bad reputation of timeshares and the instability of the resale market.

There are a lot of companies that claim to sell your timeshare in a certain period, only if you give them an upfront fee.

Timeshares only is one of the largest timeshare resales and rentals company.

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Timeshares only: The company

Timeshares only is known as the world’s largest timeshare resale marketplace.

They claim to sell your timeshare by using different advertising avenues: radio stations, the internet, billboards, television and print publications.

Even though the timeshare resale market is poor, Timeshares only assures that the industry has experienced growth over the last few years.

Depending on how much the owner wants to advertise his timeshare, they ask for an upfront fee that goes from $450.00 to $600.00 or even more.

Timeshares-only offices are located in Orlando, Florida.

Timeshares-only: Complaints and Reviews

A considerable number of our clients were scammed not only once, but twice or even more times.

These are some of the complaints we have been told about Timeshares only:

One of our clients contacted Timeshares only to sell his timeshare in Cancun.

He was confident enough to hire this company because of the advertising tools they use in order to sell a timeshare.

 He gave $450.00 for an upfront fee, and he was promised he would receive 100% of the sale since Timeshares only do not take commissions.

After 2 years, his timeshare was not only still for sale, but the listing price was seriously reduced.

When he asked the company if he could get a refund, they denied his request since he had to cancel the agreement within 3 days, but that wasn’t stated in the contract. 

Another complaint that we received was from a couple who own a timeshare in Orlando.

They were told that their timeshare would be sold within 2-6 months.

They also paid $450 as an upfront fee. Furthermore, they had to lower their asking price since they were not hearing from any offers. Until now, their timeshare is still for sale.

One more complaint was from a client from California who owns a timeshare in Sedona.

She was assured that the resale market was “hot” due to the high season, and because of that, her timeshare would be easily sold; she only had to pay $598.00.

Initially, she listed her timeshare for $13,000, but since she wasn’t receiving any offers, she had to lower the price to $7,995.

Yet there were still no offers. A year later, she wrote a letter to Timeshares only hoping to get a partial refund.

She never received a reply to her letter, even though she wrote more than one.

Timeshares only: Still thinking of listing your timeshare for sale?

If you are still thinking of putting your timeshare up for sale, we suggest you think about it twice.

It is nearly impossible to get back what you initially paid for your timeshare ownership since you surely overpaid if you bought from the developer, but before that, you have to find a potential buyer, and that is even more difficult.

Therefore, the most efficient way to get rid of timeshare ownership is by canceling your original contract.

Timeshare cancellation does not cost an upfront fee, and when it’s properly made, you won’t have any further strings attached to the resort.

At Mexican Timeshare Solutions, we offer you free advice on your timeshare matter, and no charges are made until your contract is completely cancelled.

Contact MTS today for a free consultation and get rid of your timeshare as soon as possible.

To receive more information about timeshare only 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.

 Information to Share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

  • Share this link http://www.timesharescam.com/blog/124-timeshares-only/ on your favorite blogs and forums

 

To know more about Timeshares visit: TATW Incorporated: Beware of Timeshare Frauds in Mexico

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19 Comments
  • johnFebruary 21, 2014, 3:32 pm

    Before you sign anything, do as much research as you can about this company. Google, Yahoo!

  • Rich MOctober 18, 2013, 1:43 pm

    Consumers should be aware that some licensed brokers can be part of the upfront fee company, so the best advice is simply to never agree to an upfront fee!

    Before you decide to sell, take the time to find out approximately what the resale market will bear.
    The most important advice is for a consumer to simply use common sense.. If it sounds too good to be true- it is! Timeshares do not appreciate in value!

  • GustavoSeptember 13, 2013, 3:26 pm

    There are no honest timeshare marketing companies, all of them know that there will not resell the timeshare an owner is giving them up for sale. Honesty is no a word they know in the timeshare resale business.

  • DavidAugust 30, 2013, 1:33 pm

    Y como esta compañia, existen muchas!! Los tiempos compartidos son un tema con mucha polemica debido a todas las estafas que existen, es una pena que la gente vaya a ellos buscando ayuda y todo sea peor!!

  • LauraJune 21, 2013, 1:36 pm

    I almost fall in their trap, but fortunately I was adviced not do do it

  • FitchJune 4, 2013, 1:47 pm

    Some timeshare owners are in such fear of their company that they do not want to submit a complaint because they feel this will have negative repercussions. Nothing could be further from the truth.

  • NicoleMarzo 1, 2013, 12:18 pm

    The way that have operated these fraudulent timeshare sellers is to offer events in travel restaurants and lounges, where it engages buyers and luxury apartments offer the same in the Riviera Maya Cancun that actually do not exist or are owned by other people, when the victim comes to these destinations they don't have any entitlement over any property.

  • webbJanuary 1, 2013, 1:13 am

    Timeshares Only called me to say if I pay a upfront fee $ 750.00 upfront they had a buyer for my timeshare. I am so glad I checked it out before any money was exchanged. Come to find out it was just a scam. When they said they dont take checks or credit card, I knew it was something fishy. I so glad I checked that out I because have been out of $750!!!! The name of the company is Timeshare Only, LLC

  • lucymoonDecember 19, 2012, 2:18 pm

    I contacted Timeshares Only because they claim to have the best coverage regarding timeshare resales. They told me my timeshare would be sold within 6 months, it's been a year since i listed my timeshare for sale and i still haven't hear from any offers. I want my money back!

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