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 2BR SURFSIDE BEACH South Carolina RED WEEK Timeshare DEED Resale US $1.00 
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 ONE BEDROOM New Smyrna OCEANFRONT RESORT Red Week BEACH Timeshare DEED Resale US $1.00
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 Beautiful Ka'anapali Beach Club Hawaii Gold Crown 1-BR RED Timeshare For Sale! US $1.00
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 St Marrten CARIBBEAN Oyster Bay Beach Resort RED WEEK Timeshare RESALE US $1.00
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 Waikiki HAWAII Beach RED WEEK Golf TIMESHARE Deed RESALE US $1.00
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 203K WYNDHAM Points HAWAII Kauai Beach RED WEEK Timeshare DEED Resale US $297.00
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 3BR SURFSIDE BEACH South Carolina RED WEEK Timeshare DEED Resale US $1.00
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 ST THOMAS Red Week VIRGIN ISLANDS Beach TIMESHARE Deed US $1.00
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 PALM BEACH Florida OCEAN Red Week GOLD CROWN Timeshare RESALE US $1.00
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 1BR Oceanside CALIFORNIA Red Week BEACH Timeshare DEED Resale US $1.00
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 HONOLULU Hawaii RED WEEK Waikiki BEACH Oahu TIMESHARE Resale US $1.00
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 GRAND CAYMAN ISLAND Red Week BEACH Timeshare DEED Resale US $1.00
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 Wyndham HAWAII Kauai Beach RED WEEK Timeshare DEED Resale US $1.00
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 FLORIDA Destin BEACH Red Week Ocean GULF OF MEXICO Timeshare RESALE Deed US $1.00
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 ONE Bedroom HAWAII Kahana BEACH Maui RED WEEK Timeshare DEED Resale US $1.00
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 KAHANA FALLS Lahaina HAWAII Golf MAUI Red Week BEACH Timeshare Resale US $1.00
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 Daytona Beach FLORIDA Grand Seas Resort RED WEEK TIMESHARE Resale US $1.00
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 SCHOONER II BEACH AND RACQUET CLUB MYRTLE BEACH RED WEEK TIMESHARE DEED US $1.00
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 PALM BEACH Florida OCEAN Summer RED WEEK Gold Crown TIMESHARE Deed RESALE US $1.00
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 Resort on Cocoa Beach Florida 2-BR Ocean View RED Gold Crown Timeshare For Sale! US $1.00
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 MEXICO Los Cabos Golf Resort CABO SAN LUCAS Beach RED WEEK Timeshare RESALE US $1.00
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 69K RCI Points ARUBA DIVI BEACH Red Week GOLF Timeshare RESALE US $297.00
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 2BR Wyndham HAWAII Kauai Beach RED WEEK Beachfront Resort TIMESHARE Deed RESALE US $1.00
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 1BR Southern CALIFORNIA San Clemente Cove Resort BEACH Red Week TIMESHARE Resale US $297.00
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 1BR Fort Lauderdale FLORIDA Prime RED WEEK South Beach TIMESHARE Deed RESALE US $1.00
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 Sunny Raintree Club Regina Puerto Vallarta Mexico RED Beach Timeshare For Sale! US $1.00
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 HAWAII Kahana BEACH Maui RED WEEK Ocean FRONT Timeshare DEED Resale US $1.00
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 PALM BEACH Florida BEACH Red Prime Week TIMESHARE Deed RESALE US $1.00
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 Cabo San Lucas Mexico Pueblo Bonito Resort at Sunset Beach RED Timeshare 4 Sale US $1.00
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 Waikiki HAWAII Beach FLOATING RED WEEK Golf PRIME Timeshare RESALE US $1.00
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Beach Red Timeshare
01416 Fantasy Island Resort timeshare for sale by owner and rent
Avoiding The Timeshare Resale Trap
Timeshares are one of those concepts that appear relatively harmless at first glance, but whose industry has been so ravaged by mismanagement and downright fraud that it is highly unlikely to ever enjoy widespread public acceptance ever again. However, about 3-5 million Americans own timeshares, this author included, so it becomes important to recognize timeshare frauds and schemes and avoid losing your money in the process.
If you are looking to resell your timeshare, the process is rife with rip-off artists. Quite possibly the most overused line in the timeshare resale game is "We have a buyer waiting". For this to be true, you would have to have the ONLY unit available at that particular resort, with the buyer specifically interested in it. This is nothing more than a sales technique designed to get you to sign with whoever is claiming they can sell your unit.
Beware of ridiculous guarantees such as "We will sell your timeshare within thirty days!". For starters, who can predict when a piece of property will sell? And two, yes, they might sell it within thirty days, even if it means dropping the cost to a ridiculously low level, robbing you of any potential profit (but still guaranteeing their commission).
These "sales people" will not sell your unit. They will list it online and wait for a buyer to come to them. You can do this yourself and save hundreds of dollars in listing fees.
One of the favorite tactics in the world of sales is the high pressure close. If you're just not willing to pull the trigger and go with it, expect to be handed off to an inventory manager, someone who will make the best possible case as to why they need your property now and you have to sign and list with them. There is no truth to this other than the fact that they want you to close quickly. Don't fall for it.
They also like to hike the value. I can't count the number of times I have been told my little Ormond Beach FL timeshare is worth three times what we paid for it. It just doesn't happen. You should never expect to get your money out of a timeshare. Just consider yourself lucky if you are able to unload it.
Open house. For a timeshare? Really? There are people who go and open up hotel rooms for viewing by people who just walk in off the street with the idea of selling it? Of course not. It doesn't happen, never will happen, and don't let anybody talk you into it as a closing gimmick.
Deferred payments. Don't fall for this one either. They will offer to allow you to pay half of the listing fee now and the other half after the unit sells. Truth is, they won't have to worry about the other half because they just hiked your advertising fee up to a level that covers the other half.
The SOLD sign. You may also get a call or postcard claiming that your timeshare has "sold" (odd how it could be sold when it was never put on the market, right?). You are then asked to FedEx them a check for $700 for the title search. This should be a red flag if the initial call wasn't as you should never have to put up any money prior to closing. The scammer then vanishes, disconnects the 800 number you were using to contact them, or they tell you the buyer backed out and your $700 will be used for the title search for the next buyer. Either way, your money has gone bye bye.
The Appraisal Racket. One of the easiest ways for the rip-off artists to get money from you is to tell you that an appraisal is required before your property can be listed. This can be anywhere from $300-$600. Of course there is no appraisal that is actually required, and the person you talked to will suddenly vanish after you have sent them your money.
Donate your timeshare? Yeah, I'd do it, but if it is a donation you should not have to pay anything, especially for an "appraisal" to prove the value. Check to make sure the company you are donating to isn't just advertising the timeshare on eBay and getting the profits. Before donating, determine how and when the deed is recorded and the resort is notified of your donation so you are off the hook with the resort for future fees! Then follow up on this to be sure it is done.
Unfortunately, it is almost impossible to stay ahead of all the timeshare rackets out there. Just use your common sense and don't get in too much of a hurry. You can get rid of your timeshare and keep your shirt.
About the Author
Billy D Ritchie is the Director Of Content for LeadsByFone, LLC, a lead generation company servicing the flooded basement and water damage restoration industry.
When not writing and educating folks about the perils of water damage, he is also a freelance writer, sometime actor, and formerly professional musician. He also enjoys spending his weekends building and flying model rockets.
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