Many timeshare consumers contact us because they have been approached by a company or person saying they have a buyer for their timeshare. There are a few red flags you can look out for to protect yourself from a scam:
- If you’re contacted by a company regarding the sale of your timeshare or the elimination of maintenance fees, proceed with extreme caution.
- If an offer sounds too good to be true, it likely is.
- Be wary if you’re asked to pay an upfront fee for a “service.”
- Be skeptical of companies that promise to modify or cancel your contractual obligations to the company you own timeshare with.
- Be cautious of any call or mailing offering to transfer your paid off ownership to another party.
Before you make any decisions, make sure to do your research! Look online for reviews or alerts about the company, or contact the Attorney General in the state where they operate to see if they have any complaints against them. We always recommend that consumers use an ARDA member company for their resale needs. A full listing of ARDA member companies can be found on our website here: http://portal.arda.org/app/directory/index.cfm?dir=corporate.
If you have any questions, please don't hesitate to contact us by opening a new ticket.