Timeshare Resales. Marriot, Hilton, Four Seasons, and more: Timeshare Resales : How to Avoid Timeshare Resale Scams On The Internet

Wednesday, December 07, 2005

Timeshare Resales : How to Avoid Timeshare Resale Scams On The Internet

This is part one of How to Avoid Timeshare Resale Scams On The Internet

Hundreds of web sites of non-licensed timeshare resale advertising companies have sprung up on the web.

Many of them look and sound very impressive, but if you go to the Better Business Bureau and enter their company name you will find many of these timeshare companies, even the prominently listed ones on leading web search engines, have been kicked-out due to unresolved complaints.

Many articles abound on the net about the ingenious ways that have been utilized to bilk money out of timeshare owners for various bogus non-refundable upfront fess or disguised upfront fees appraisals.

Timesharing Today Magazine and the A.R.D.A. Resale Task force have published that they are questioning the policy of some resale companies, wherein a timeshare appraisal must be submitted as a pre-requisite of listing a timeshare for sale. The Task Force officially bars members from requiring an appraisal.

The above sources point out that such appraisals are nothing more than a disguised upfront fee.

Mandatory upfront fees are prohibited by law in the State of Florida.

We'll continue with more Timeshare Scam Awarness tomorrow.