Have You Fallen For A Timeshare Resale Scam?
Chances are that if you are reading this article you have or are weighing the consequences of signing up for one of these scam programs. In this article I will be taking you through the ins and outs of these resale programs.
I will be showing why this kind timeshare scam will cost you thousands like it did for me and the best way for you to sell your timeshare. So if you are looking to resell your timeshare read on.
What is a Timeshare Resale Company?
A timeshare resale company is basically a listing site that advertises you timeshare on their network, for a fee of course.
Back over a few years ago, I was desperate to sell my timeshare. Then one day I heard an ad on the radio talking about Timeshares Resale Company. So I called and talked to them about selling my timeshare. They informed me that the fee would be $600. A bit high but after long consideration I decided to do it anyways.
My Results With Signing Up To Timeshare Resale Company
After signing up I figured within 3 to 6 months I would easily have my timeshare sold or at least a few offers on the table. After 6 months I didn’t even have so much as a phone call. I hadn’t heard a word out of them.
So I decided to call and get some answers. This was a task in itself. The company explained to me that they just advertised my timeshare in their database and were not actually real estate agents. They did nothing to help sell my timeshare property.
Why Timeshare Resale Companies Are A Scam
The reason why timeshare resale companies are a scam is because once they get you to pay their big upfront fee they don’t have any kind of reason to deliver a result you. Think about it. If a real estate agent was selling your home and he couldn’t sell it would he get paid? Not a chance, but with timeshare resale companies they collect the fee upfront because even they know that they can’t even sell your property. This is a lesson I learned only after I fell for this scam a second time.
The Timeshare Market Pro Scam
Once you sign up for one of these timeshare resale scam sites they all want in on a piece of the action. To this day I still receive calls from these scammers asking me if I would like them to sell my timeshare, and I don’t even own it anymore. However, I got a call from a guy named Doug almost a year after I signed up with timeshare resale company. He worked with another timeshare resale scam company called Timeshare Market Pro. He proceeded to explain to me that my current timeshare resale company would never sell my timeshare and that their company could. He explained that they will bring in potential buyers to show off my timeshare to. So I gave it a shot and signed up, again spending nearly $500 to get on this list. Timeshare Market Pro also informed me that my timeshare market value was worth three to four times what I was trying to get out of it. Over the next 6 months I waited and again got nothing. So again I called the company back was connected to their operator who informed me that one of their representatives would call me back and update me on the status of my timeshare. They never called back. At this point I realized I had been ripped off again by another timeshare resale scam.
What I Learn About Timeshare Resale Companies
- Never pay upfront fees. Altogether I paid around $1100 to fees to these companies and have seen nothing in return. You could say that Timeshare Resale Companies are the biggest legal scam that I know of.
- Don’t believe what they tell you. These companies will tell you anything just to get you to sign up. As with the Timeshare Market Pro Scam I was told I would see several bids within a month. They also promised a bunch of extra free stuff just for signing up. I never saw either of these.
- They use hard selling tactics to get you to buy. Most of these companies will also use hard selling tactics to get you to buy. They will keep you on the phone as long as it takes to get you to buy. Don’t fall for it, tell them you sold the timeshare and hang up the phone. This way they won’t call you back.
- They don’t REALLY sell your timeshare. Timeshare resale companies don’t really sell your timeshare for you; they just list it like an ad. Here’s the good news though you can sell it for a lot cheaper on other ad networks for next to nothing. I will explain in the next section.
How To Sell Your Timeshare Yourself
Follow these steps and you should be able to sell your timeshare. You may not make what you got out of it originally but at least you won’t have to deal with those maintenance fees, interval fees and any other charges. In order to sell your timeshare you need to understand that your timeshare resale value will never be what you bought it for. In most cases you will only get about 10 cents on the dollar of your original purchase price. I know this is hard to accept but the quicker you can do that the quicker you will be able to sell your timeshare off. Last but not least before I start if you have a mortgage on your timeshare you will have a more difficult time in selling your timeshare. If you can at least get out of your timeshare what you still owe on it I would take it. You’ll be lucky to get more than that.
So if you’re ready and accept what I’ve told you read on.
- Call your timeshare resort. Tell them you want to sell your timeshare and would like the necessary paper work to do so. At this point you can also ask them any questions about what you should do if you find a potential buyer. This way you can make the transaction smooth and quick.
- Advertise your timeshare. I would start with Craig’s List and eBay. Craig’s List is free so I would start there first. Keep your price low so you can attract a lot of bidders. If that doesn’t work try eBay. You will have to pay to advertise your timeshare but it will be a lot cheaper than those timeshare resale scams I mentioned earlier.
- What if you can’t sell your timeshare. When you’re trying to sell your timeshare some locations will sell better than others. For example Florida has a tough market to sell your timeshare in. On the other hand Hawaii is much easier to sell in. With limited supply and beautiful view it’s no wonder these resorts sell a lot easier.
- Ask for a buyback option. If you’ve made it to this point you may be desperate to sell your timeshare. With no bids and the maintenance fee due soon, call your timeshare resort back and ask if they have a buyback option. This is where the actual resort buys your timeshare back for a fraction of the price. In my example I bought my timeshare for $4500 and did a buyback option 5 years later and got only $400 back for it. It was a rip off but it was better than paying another year of maintenance fees.
Have You Ever Had Luck With Timeshare Resale Companies
I have never heard of anyone having any luck with any of these Timeshare Resale Companies like Timeshare Market Pro. So I will challenge this, if you have ever had any luck with any of these companies leave a comment and tell me about it. I would love to know if one of these timeshare resale scams have ever worked.
Chris
{ 112 comments… read them below or add one }
It’s a fact that timeshares are difficult to resale, but certainly not impossible. Regretfully, there are resale companies who take one’s money and do nothing. To lump all companies that resale timeshares into that group is just not accurate or truthful. It seems that you are recommending that the timeshare owner should just practically give their timeshare away (throw money away and go through an effort to do it)before they should put some of that money towards letting professional timeshare specialists attempt to make a sale. I think it’s worth the chance to sell your timeshare for something using a reputable company. That would be a company that can demonstrate their clients are making sales and can offer more than just advertising. Look for the proof first. And, in answer to your question, my Dad did actually sell 2 of his timeshares using the services of http://www.TimeshareAdventures.com. He liked the fact that interested buyers were shopping at their site because they knew they wouldn’t have to pay any commissions or closing fees. It did work for my Dad.
Mary,
First, thanks for commenting. Second, I don’t disagree with you their are some credtable companies out there. It just happened that I bought into 2 specific companies that didn’t do anything except take my money. However the question is what is a credtable company and which is not? Maybe the company you mentioned is better than most, I don’t know I just know about the companies I’ve been scammed with.
Also I’m glad that your dad was able to sell his timeshares. My question for you is, what did he origanally pay for his timeshares and what did he get back out of them when he sold them?
It is very important to know the dilemmas and possible problems in buying timeshares before they decide to buy. You need to make sure that you price you timeshare right. You may want to get an appraisal on your timeshare from a reputable company. I’m glad that there are tips and ways to avoid such problems and conflicts with timeshares.
Brenda,
I wish only I heard this all when I bought my timeshare. They seem to make everything look so great but their is always a down side to buying a timeshare. Whether it’s maintance fees, exchange fees or some fee you have to keep with your exchange company they make their money in the end.
Also thanks for the comment I look forward to hearing more form you.
If your property is advertized on a website. The website is doing exactly what it should be doing. Timeshares sell on this listing sites everyday. The companies that don’t advertize on the internet and just have a website are the ones that steal your money and do nothing. I would like to see someone compani about putting an advertisement in the newspaper for a year, which would only get a percentage of the exposure the internet gives and then complain the newspaper did nothing to sell it. People buy timeshares off these websites every day. The companies are not the scam, the problem is the piece of garbage you bought. Atleast with signing up, you have a chance.
I myself had worked for a company such as this a while back. They sold resale services to owners for thousands of dollars and never did a thing to fulfill the agreement. I became so good at it (unfortunately) that I quickly got bumped into management and got to see how things worked behind the curtain. I was not impressed with what I found, but it was a paycheck and I did it. I did however learn all of the ins and outs of the timeshare resale business. About a year ago, I was really down and out, unemployed and not very happy with myself. I attributed the bad luck to all the wrong I had done to people as I believe in karma heavily. With a background in writing and graphic design, I decided I was going to help people get their money back from timeshare resale companies that scam their clients. So I posted a website with a free guide on how to get your money back. I hope people read it, and it helps, because karma is a pain.
Good luck to all.
Blake,
Great story, I’m glad their are people like you out there fighting for those that are getting burned by the scammers that you once worked for. I have gotten burn by two of these companies and lost over $1200 to them. I can personally say it was one of the biggest financial mistakes I’ve ever made. I may not be able to get my money back but at least I can share my story with others so they don’t get burned like I did.
I also had a chance to look at you website and free guide you put together and I’m very impressed. So much in fact I am going to put a post together about the free guide because I feel it is so important people know that this great information is available to them. The post will be up later this week. I will also link back to it from this article as well.
It’s sad to say that the timeshare owners wanting to get rid of their properties are very vulnerable to these scams as most of them are desperate already in getting rid of their timeshares. The Timeshare Relief Inc. gives hope to these owners to eventually dump that timeshare intelligently.
Thanks for the comment, timeshare resale companies have burned a lot of desperate consumers like myself for years now. I also had a chance to check out your site Timeshare Relief and found it very informative.
How can I get out of my timeshare with Westgate. We tried two companies that said they would be able to sell it. One said that we could rent out week. Well they both did neither. We have paid it for over 1 year. I have had some medical issues. We can barely pay our bills. Westgate called and said they will call every week and after one month they will give it to people who will call more. We bought at Planet Hollywood in Las Vegas. It is not even open yet and I am sure they can sell it again. They said too bad. They do not do that. What can they do to us and what can we do to be sure they cannot ruin our credit. Things are hard enough right now. HELP !!
Fran,
I know exactly what your going through. I’ve been in your shoes before and know how depressing things can be when you can’t sell something that is only dragging you deeper in debt. First off, the timeshare resale companies are a rippoff. I have never seen one deliver what it said it was going to do.
Second, you said you’ve been paying on your timeshare for a year. I’m assuming you don’t have your timeshare paid off yet. So the timeshare company will probably be hesetant to do a buy back option.
Third, look into selling your timeshare on eBay. EBay has great buyers guide you can check out here that will walk you through how to sell your timeshare on eBay. You can check that out here: http://pages.ebay.com/realestate/timesharesellerguide.html
Find out how much you owe on your timeshare and shot to pay off as much as you can on the amount owed. You may have to make a short sale, this is a sale where you sell for less than the amount owed. You may still have to make payments but at least you’ll have it sold and won’t have to make any more maintance fees.
Finally, check out my post on a free ebook you can get to help you get your money back from the scandalous timeshare resale companies. Getting your money back from these companies will definaltly help your financial situation. Although it may take some time but it’s worth the shot. Check that guide out here: http://stumbleforward.com/2009/08/19/the-guide-to-getting-your-money-back-for-scandalous-timeshare-resale-companies/
Give this a shot and let me know how it goes.
IF YOU WERE CONTACTED BY TIMESHARE TRAVELS, TIMESHARE MARKET PRO, VACATION DEPOT, TIMESHARE DEPOT, PREMIER, CREATIVE VACATION SOLUTIONS, EXECUTIVE TIMESHARE MARKETING, TIMESHARE RESALE, RESALE TIMESHARE, I.M.G. FINANCE, 5 STAR RESORT, RESORTS CONDOS PLUS, GMAC, ICARE TIMESHARE, OR ANY OTHER TIMESHARE RESALE COMPANY AND YOU PAID THEM MONEY UP FRONT AFTER BEING PROMISED A BUYER OR ANYTHING ELSE THEY PROMISED THAT NEVER HAPPENED? PLEASE CONTACT ME AND TELL ME YOUR STORY. LEAVE ME YOUR CONTACT INFO. YOUR MONEY ISN’T GONE YOU JUST HAVE TO DO SOMETHING ABOUT IT. I CAN HELP. fight_back2009@live.com. YOU CAN’T AFFORD NOT TO. JUST KNOW YOU ARE PROTECTED AS A CONSUMER AND NOT ALONE.
The Guide to Getting Your Money Back webpage link no longer exists. Do you know of anywhere that has that information archived?
I work for a reputable Brokerage, but we only handle WorldMark by Wyndham Contracts. No upfront fees. There are others who do not charge fees, but sadly we make alot less money than the crooks who are taking over the internet…do your research on a company before talking to them or giving them money. BBB certified does not mean anything. An A+ rating once verified means ALOT however. Do your research and if they have an AD ON TV, they are probably not reputable, In my opinion/experience.
Good to see a good community of timeshare owners tackling this problem. We are about to get started with Timeshares Recovery Only where we try to reclaim some, if not all the money lost to timeshare scams. Hopefully we can bring some power back into the hands of timeshare owners.
Thanks David,
I would hate to think of how many people including myself who have been ripped off by a timeshare or timeshare resale company. Your website may prove to be a powerful asset to those wanting learn more about the industry.
Chris,
Were you ever able to find that PDF? The website is no longer up.
John, thanks for commenting back I had almost forgot. I’ve looked everywhere I can think of and I just can seem to locate it. I wish I could do more to help.
Chris.
TIMESHARE RESALE MARKETING RIPOFFS
Florida
United States
Many Florida timeshare sale and rental companies under fire
Florida has launched a war against the timeshare resale industry, announcing Thursday ongoing investigations into 17 companies, as well as a lawsuit against one company.
In 2009, complaints about timeshare resale companies overtook mortgage-related complaints reported to the Florida attorney general.
The attorney general also filed suit against South Daytona-based ResalesBuyOwner.com, its third suit in recent months against timeshare resale companies. Allegations against ResalesBuyOwner.com are that the company forced customers to pay up-front fees for services that were never provided. The company charged customers’ credit cards even after they decided not to do business with ResalesBuyOwner.com, the suit says.
The office has also filed suits against American Marketing Group and Hicks Inc., both based in West Palm Beach.
Some 17 companies, many based in South Florida, have been subpoenaed because of complaints about deceptive business practices. Customers have said some of the companies failed to honor cancellation policies, misrepresented the services they would provide and failed to comply with some parts of state and federal telemarketing acts. They include:
• Executive Timeshare Marketing in Tamarac.
• Coastal Timeshare Solutions in Boca Raton
• Worldwide Resorts Direct and Worldwide Marketing Solutions of Palm Beach, doing business as Worldwide Timeshare, in West Palm Beach
• TS Luxury Group in Lake Worth
• C&G Marketing Associates, doing business as Premier Timeshare Solutions in Palm Beach Gardens
• Nationwide Marketing Solutions, doing business as Magnum Advertising Services in Lake Worth
• International Resort Solutions in Lake Worth
• E.A.T. Sales in Boca Raton
• Euroamerican Timeshare in Boynton Beach
• Transatlantic Timeshare in Boynton Beach
• Seabreeze Advertising Corp., also known as SBA Corp. in Daytona Beach
• Timeshare Market Pro in Davie
• International Marketing and Finance in Wellington
• Gold Crown Property Management in Dunedin
• Vacation Property Resales doing business as BUYATIMESHARE.COM in Tampa
• Timeshare Only in Orlando
• PFS Concepts, Inc., doing business as US Vacation in Largo
Already, the state has settled with seven timeshare resale companies, including about $100, 000 for customers of World Timeshares of Deerfield Beach; about $90, 000 from Timeshare Travels of Boca Raton; $36, 000 from Preferred Vacation Resorts of Clearwater; $26, 000 from D&D Vacations, doing business as United States Property Services, of Largo; about $37, 000 from S.F.C. Group, doing business as TWA Resale, of Orlando.
On Thursday, the state noted one of its largest settlements with a timeshare resale company. Virtual Group of Orange County, which goes by the name Realty Trade, has paid $800, 000 in refunds to customers and will pay $500, 000 to customers who request refunds in the future.
If you are planning on selling or renting your timeshare or would like help getting your money back from any of the above companies please contact 954-324-6045. Please leave a detailed message including your name, phone number and best time you can be reached.
Has anyone ever heard of Corporate Resort Specialists out of Las Vegas NV? They claim to have Fortune 500 companies that are purchasing luxury items for a tax break. I am NOT sending them the 2K they requested until I am able to substantiate the claim. Not able to find the co. when I search, nor on the BBB website.
Kelly,
I’ve been getting calls from this place (Corporate Resort Specialists) for a couple weeks now. I spent a lot of time on the first call since it sounded plausible for a while, but when the “manager” gave me totally unrealistic valuations for my holdings I knew it was probably just another scam. I asked them if I would have to spend any money up front, and when they said I would, I know for certain it was a scam.
If any corporations were really interested in buying our timeshare weeks/points, they could easily handle it with binding contracts (like you would for a house) and have all the monies settled at a closing company. You can buy/sell ANYTHING with a closing company or a legal firm without up front money.
Any, by the way, CRS has called me several more times, each time with increased hostility and rudeness. Need any further proof?
Charlie, I thought I would mention I got a call recently from a Florida government office claiming that the timeshare resale company Timeshare Market Pro went belly up and that they were letting me know that the company was a scam and that they were liquidating the company and sending me a check back for the amount I originally paid to them. I don’t know if this was a scam or not either but we’ll see what happens.
Hello Kelly and Charlie,
I too just got a call from Corporate Resort Specialists and got an outrageously high offer to buy some points (not interested in selling the property, just some points that I am unable to use right now) also got the spiel re corporations buying and getting tax write offs, and the $2K that I would have to put out up front and get it reimbursed with the wonderfully high price for some points in 90-120 days. While researching on the web- this is the only site that mentions them by name. When I asked the rep what I would find if I were to search for them on BBB, he suggested I go to dun & bradstreet website- they have them listed as Corporate Resorts, Inc out of Las Vegas, NV at the same address he gave me. The company name is not the ‘exact’ same as the one he said, I asked him 3x what the company name was: Corporate Resort Specialists. Still can’t find any other info…anyone else had any dealings with them or have any info?
Also Art, thanks for the listing you provided, some of the companies on your list have been phoning me as well.
I just received another call from Corporate Resort Specialists. The same thing about looking at dun @ bradstreet for their info. I did the same, looks at BBB and they are not accredited. I own 1.5 million wynhdam points and they offered me over 300,000 but I would have to send 7500 for legal paper work, but they were unwilling to give me any receipt, but they wanted me to say on the recording that I understood that the property wasn’t sold. They said I couldn’t say it was sold until I paid them the money. They gave great words that sounded good, but when I begin to question things, they got smart and rude. They were planning to send Fedex to pick up my check. 75 dollars for 7500 dollars (not a good deal for me). I not sure if this company would have came thru, but I am not willing to risk 7500 to see. They would not even email me an example of what I was paying for. I asked what if I hired a lawyer and they sent him/her the paperwork and I paid him/her at the same time I receive paperwork – their answer was no. It is hard for me to trust people wanting upfront money who are unwilling to provide you with the information that that money is going for before you send the money.
In the past 2-3 mos we have had 4-5 timeshare resellers call…all scammers. The latest one however had a different pitch, they were a Closing Settlement Corp. for Shell Vacations. They didn’t want any upfront money, however…there were closing costs and title searches etc. that would cost money. Mr Brewer…he called himself, was a slick talking bullcrap guy who called back because the initial bull crap guy didn’t have his story straight. Mr. Brewer had a solid offer from a reputable corp. I asked some questions as I wanted to check him and his company out…NO GO! He pressed to have his ridiculous offer accepted, didn’t want me conducting any due diligence. So all I have is Donovan Brewer 1-877-484-3027- ext 154. Claimed that his company is a Closing Settlement Corporation for Shell Vacations, but I suspect that it would be a closing settlement corp for wherever you have your time share. Also said his office was in Atlanta GA. So… 6 or so calls over the last 2-3 mos. and all scams! 90% of the crap (talk) that they throw at you is not true, they try to get you to agree to it because in most instances you don’t know better. Don’t believe or agree with anything they say.
The owner of this site put out a challenge calling on anyone who has had some success in selling their timeshare property through what I call scamers and the only other person that said anything close was someone that claimed that the dad sold two properties. Noticed that this individual said – the dad not them! If we cannot find someone to actually talk about their experience with these “scammers” and confirm that it actually all worked out with supporting references and maybe documentation, then, in my opinion, I can only conclude that ALL TIMESHARE MARKETING COMPANIES ARE JUST SCAMMERS! Anyone can do whatever they choose but this will be my statement and I am sticking to it!
Right on Emma!
I have dealt with numerous companies in the past year to sell my
timeshare. I have paid numerous companies up
front like a fool. I contacted the State
Attorney Generals Office to see what or if I could do
anything about it and was given some info on a company
that is working within the guidelines with
the Attorney Generals Office than I contacted the
Chamber of Commerce. So after being skeptical I called this company and
told the guy my story, he had me fax over info from the previous companies I dealt with. He placed a conference call to my Visa and helped me get credited back the entire amount I had paid timeshare market pro and icare
timeshare. He than explained he could sell my property but I would have
to pay up front so I thought he we go again. After gettin credited my
money back I took a shot in the dark I paid the company $1997 they deferred $900 until I sold the property. I contacted the company and my rep once a week. They were able to sell my property in 57 days and get me back money
I spent with other companies. I still cant believe
I sold it and didnt have to pay clsoing
costs or any other fees. If anyone needs help gettin their money back or selling their property please let me know I can give you the cell phone number
to the guy would sold mine. So after all these scam I finally found a legit company
and got the job done.
I, too, am looking to sell our Wyndham time share points. It is not that we do not use them and enjoy the travel, but the expense is getting to us. I think we could travel and enjoy great locations without putting out the monthly maintenance fees incurred through the timeshare. We have been contacted by a company called, “Corporation Resort Specialists” out of Las Vegas. They are not a listing company, but insist they have corporate buyers looking to spend “tax deductible” money for properties to entertain clients, hold conferences and give to charity. I can’t seem to find anything about them. Can you help? Of course, they want money up front!!
Unfortunately I also was a victim of timeshare fraud, if I had read this type of articles before buying it this would not happened to me. I hope that others can read it and avoid to fall down in this type of scams.
For all the people that are interested, I found some others good articles like this and I recommend.
http://www.timesharescam.com/timeshare-cancel/8_indicators_you_are_a_timeshare-1
We have an appointment today with Transfer America which also operates under the name of Timeshare Relief, inc. Their letter claims ” We provide a contractual agreement that gurantees the transfer of the resort out of your name and 100% satifaction gurantee in writing.” They also list a number of “Credentials & Awards” as Inc. 500, BBB, D&B, ARDA etc. Has anyone dealt with these companies and if so are they just another scam? We realy only want to get rid of the time shares. We don’t owe money and fees etc are current. We will gladly just hand them over, but I don’t want to pay them to do so.
In response to MJ May 27, 2010 at 6:02 pm …. Another name they go by is Vacations and Resorts out of Atlanta, GA. The girl who called was Kim Davis and Jacob Gibson so BEWARE !!! Thanks for posting the phone # since I could find them anywhere else on the web and your post saved a lot of headache for my friend !!!!
I have had the worst experience of my life with this timeshare. I was contacted from Global Resort Management in Orlando Fl. I payed an upfront fee for the third time,I just knew it wasnt going to work But the sales person had a few good points about how the program worked. I took the chance and it payed off. … It took 90days … Pretty happy now… thanks GRM
I’m glad it worked out for you Chris. I’ll have to look into that company and learn a little more about them.
I will like to say that you all beware of individuals on such websites who are operatives of the very companies we speak about and whose jobs are to go on the internet, search for forums like this and either advertize themselves like the company that provided the service that made their day-finally or like the company we all need to trust. I have seen a few emails on this forum as well with none of them really explicitely providing enough evidence to justify their allegations. For example, an individual named Chris talked about how he used a timeshare company and paid an upfront fees for the third time and it all went great. They say “you fool me once, shame on you. You fool me twice, shame on me” what would make someone fall for it THREE TIMES? Stupidity? Not at all convincing to me! So I just thought I note that as well. Please beware! Thanks
I was just contacted by International Timeshare Network to sale my timeshare with Wyndam/WorldMark. I tried one of these companies b4 and paid but no results, so now I’m doing research on it and came across this site.
Has anyone ever heard of this company?
Thanks!
Alex I’ve signed up with two of these companies and have had no results with them. My suggestion is to avoid any company that wants you to pay a hugeup front fee in order to sell your timeshare.
Alex,
I have never listed with one of these companies, as I do not own a timeshare. However, I found this website while going online to leave a positive review about International Timeshare Network and saw your post. I recently stayed in a beautiful resort, Wyhndham Bonnet Creek outside of Orlando, Florida on July 4th-July 8th. I found the timeshare on intnltimesharenetwork.com after seeing a commercial on the Travel Channel. I cannot speak for listing or fee’s, as I did not pay any. I did however get a really good deal on the days at Bonnet Creek, at the last minute (4 days before stay). I found them to be professional, and very responsive. The whole process was very easy and I will definately be using intnltimesharenetwork.com to locate lodging for trips in the future. I do know that International Timeshare Network runs commercials on major networks as that is how I found them.
Thank you International Timeshare Network, I have two children and would not have been able to afford a trip like this without your help.
-Shannon J.
Chris, Thanks for having this website. I have been learning a lot. I also got caughtup in Resort timeshare Resales, paid them around $600 and never heard them again. I am getting calls from Full Service timeshare. They have a real nice website and of course they have a buyer that they can’t give me any info on but they claim that they gaurantee a sale because the buyers signed a no recision clause . They want $1850 for title and advertising. After reading all these informative I think they are a scam. P.S. The gal I was talking to put her manager on and he was trying to persuade me and he put me on hold but he just pushed a button on the phone (it beeped like he was putting me on hold) and asked the gal I was working with what file is it the Fisher file or the Duncan file then he pushed a button again acting like he had put me on hold. But even this country boy could see through that tactic. How do you like that? thanks Chris E
******************************* I really wanted to let you guys in on a little secret. I work for a timeshare rental and resale company and im going on year 3. Let me tell you why all of you owners didnt sell your timeshare… you went with an internet listing company who basically sold you and ad on the internet. First off, they charged you any amount they wished to put an ad on the internet site that cost them absolutely nothing to do so they profited 100% of your money. Where does any incentive to sell your property come from? Thats because there isnt. Keep in mind there are literally hundreds of internet websites all doing the same thing. Did you buy your timeshare over the internet? And I’ll bet you dont know anyone who did! Also, there are absolute scumbag companies who arent licensed, bonded or insured because they work out of a garage. They are out there, and they are vicious and will promise you the world. Read your contracts thoroughly. Some “companies” will do what we call a buyers pitch. They will tell you “we have a buyer, send us some money for closing procedures… or for whatever fees” why would you pay closing costs when you payed them when you bought the property. Also, how do they have a buyer when they havent even marketed it? My company works like a corporate travel agency, we get anywhere from 6-8% commission payed by the new buyers because it is illegal for a marketing and advertising company to draw a commission on the backend from you. If you sold a car through an auto mag, do they get a cut of the sale? No. Reguardless what was previously said… Timeshares do sell. You just need the best marketing strategies available in the right niche market. 10 cents on a dollar is absolutely true if you try do it yourself. Here’s the problem with that. Who are you gonna market to? A struggling economy where expenable income is shot for most people. Who goes to ebay to buy a timeshare not knowing much more than words and pictures? You all bought your timeshare at a resort where they had all the wonderful things that come with the resort for you to see for yourself. They sold you a lifetime of vacations and beat you over the head giving you extra weeks or bonus points until you signed the papers. Listen I get the problem. I hear it everyday. Not only are you getting hit financially, but my company is too. When we contact owners and they say we’re not interested, we’ve been burned before, they could have been clients of ours. There are ways to get the money you spent back as long as those companies are still in business. **** If a company calls you and says that they work with the attorney general and that they know that you have been scammed and can get your money back… hang up!! How did this company know you got scammed? Because they bought your information from the company that scammed you. Its called a re-loader scam. Even though they guarantee results! I’ll leave my email if any of you have questions. jjny86@yahoo.com I check it every 2 weeks so bare with me. Looks like shannon
Corporate Resorts Specialists is a nasty word when it comes to selling timeshares. I recently ignored the very principals involved in busness transactions and sent upfront money to this company (?) who promised that they had large corporations who would pay unrealistic money to purchase our shares. Remember this name, Corporate Resorts Specialists, hang onto your money and run as if the devil was chasing you…..because he is!
WOW! Glad I decided to do a internet search. Many of the companies you all have mentioned have many many complaints. My Timeshare has been paid off for 14 years. I purchased a week at Four Sails in Virginia Beach. I decided to contact the resort to resale my timeshare. They have 2 employees that manage and assist owners with reselling. They can list my property on the resort site (no cost) as a resale and they can help answer questions for buyers. I am still following up but I suspect they will require a standard commission for handling/making the sale which I will be happy to pay.
Something else to consider, my sister in-law donated her timeshare to the Catholic church. They took it and placed it in a fund raiser/auction and it was purchased! She was out of the deed and the new owner got a deal.
Good luck to all!
That’s a good idea donating it to the church. I hope you have luck selling your timeshare.
A company called Timeshare Sell Now or timesharesellnow.com contacted me and said they wanted to sell my unit. I said sure…..3 days later (today) they call back and said they have a buyer…….I am waiting a call back from their “closing manger”…to tell us the next step….
The only items I find for them on the web are 2 inputs from people saying they had a good experience selling it to them with no hassle and they got their money in 3 months….thats not to say those were from “company personnel”.
Anyone here about this company ???
A company called Timeshare Sell Now or timesharesellnow.com contacted me and said they wanted to sell my unit. I said sure…..3 days later (today) they call back and said they have a buyer…….I am waiting a call back from their “closing manger”…to tell us the next step….
The only items I find for them on the web are 2 inputs from people saying they had a good experience selling it to them with no hassle and they got their money in 3 months….thats not to say those were from “company personnel”.
Anyone hear about this company ???
I am in the process of dealing with Sandra William of Timesharesellnow, Greenville SC.
She claims to have a buyer at our agreed price. I have agreed to pay a fee of $1952.00.
We are now in the “verification” process and I am to be receiving paperwork completing
the offer within 7 to 10 days
Has anybody heard of / or has had any experience with Timeshare Depot, Inc. out of Boca Ratón, Florida ?
Thanks,
Luis
Tom!!!!! Cancel it now! Thats the buyer’s pitch! Look at my post from August 9th 2010!!!
Before you sign anything TOM, do as much research as you can about this company. Google, Yahoo!
DO NOT DO BUSINESS WITH ANY COMPANY CLAIMING THEY WILL LIST, SELL OR RENT YOUR TIMESHARE!!!!!!!!!!!!!!!! I used to work for a resale company. (Not selling, doing receptionist) I saw deceptive, and fraudulent activity on a daily basis. I also had to be abused by the customers who listed their property for sale or rent, and called in to see “get an update”. I wanted to scream into the phone … “NOTHING IS HAPPENING WITH YOUR PROPERTY OR ANY OTHER PROPERTY BECAUSE NO ONE WANTS TO BUY OR RENT YOUR TIMESHARE, EXCEPT YOU!” I have been in this business for years, and have NEVER seen a property sold or rented. EVER! Haven’t you ever wondered how the telemarketer got your name in the first place? Let me tell you … Once you buy a timeshare, you are put on a “SUCKER” list … that is then bought and sold, over and over again. If a sales person got you at one, they will quit and go to another company, and then claim that they can “get your money back” if you list with the new company. It is discusting, and I wish all Attorney General’s would shut the businesses down. DO NOT PAY A FEE TO SELL YOUR TIMESHARE … HANG UP THE PHONE!!!!!
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