The Dangers of Resale Timeshare Schemes by Willie Bird

secrest to timeshare resales

Many of us have heard the horror stories associated with resale timeshare scams over the years.  We've heard of companies doing everything short of holding a gun to your head to make you buy.Lots of people feel that the market is bad. So how can you avoid getting taken advantage of in this cutthroat business?

It's a pretty good bet that you shouldn't even get involved in the first place. Timeshare companies are notorious for saying just about anything to get you to come to their "presentation," only to then keep you hostage until you eventually drool, your eyes glaze over, and you sign on the dotted line. (At least, that's what they hope is going to happen.) You've seen the advertisements: "free tickets and complementary hotel accommodations for three days and two nights at a beautiful resort. For this, we just want you to take a small tour of our resort. Give us your feedback, and enjoy your stay!"

Sound familiar? Most of us have heard something like this over the years.

However, what you didn't hear was that the person you're talking to is actually just taking your money and selling the rights to your tour to some other company.  Along the way your reservation and all the things you were promised have a good chance of getting lost in the shuffle.

Hotel room? Not likely. Yes, you paid for it, but it's not likely to be there once you get there.

Then you get to the 90 minute "tour" portion of your "vacation". What they forgot to mention is that the 90 minutes really turns into 6 hours and it's not so much a tour as it is a negotiating room. 

They'll start out by telling you how much money you're wasting by not owning a timeshare. They position it as you'd have to be some kind of an idiot to not buy the timeshare immediately.

Then they'll throw out some hugely inflated number that you don't even spend on several years' worth of vacationing. And even if you could use this timeshare at that rate, it's not likely that this business is going to be around for that 20 years, because of course they are a fly-by-night operation.

If you muster up enough courage to tell the first salesman "no", they'll look at you like you're stupid and bring in a "closer". The closer will then throw another offer at you that is usually less than half the price of the first offer to make you think you're getting a deal. 

If you still hold your ground and say "no," someone else will corner you yet again to give you a "survey" that supposedly ascertains how you were treated. Of course, part of the "survey" is to offer you yet another price that's about a third of the first one.

If you choose to go remain solid. Don't fall for any of their tactics and if you don't want to buy, don't. You should never let someone pressure you into buying something you don't need or want. Not only will it feel like wasted money, but it really will be, because you might walk away with nothing after you've handed over your cash. It's just not worth it, is it?

Do you own a timeshare and want to get rid of it? You are NOT alone. Watch my new free video + learn how to sell a timeshare in 1 week! You can resale timeshare with no work, no waiting and no obligation. They are not telling you everything...