Dodge The Mistakes Of Resale Timeshare Scams

If you’ve been around for a while, no doubt you’ve heard of resale timeshare scams and the woes they can cause people. In fact, these scammers can do everything short of keeping you hostage to try to make you buy. In general, the industry impressions are certainly negative. How do you avoid getting taken advantage of by getting roped into a timeshare scam, then?

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, as the video at http://www.youtube.com/watch?v=zelAjGGRX8s demonstrates.

However, what you usually don’t hear is that the person you’re talking to is going to be taking your money and selling the rights your tour to some other company, thus “stealing” from you. In addition, you may very well not get some or even any of the things you were promised, including a reservation.

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

What about that “90 minute tour”? Well, that’s usually really about six hours long, and it’s not a tour at all. Instead, it’s hard-core negotiating reminiscent of a hostage situation.

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 some resale timeshare companies are fly-by-night operations.

If you still say “no,” then you’re usually given a “survey” so that you can say how you were treated. However, that survey is really just another price offer that’s about a third of the price you saw in the first place.

If you somehow are brave enough to tell them both no, another person will then be sent to the table to take a “survey” of how you were treated. Part of the “survey” is to offer you another price that’s like a third of the first price you saw.

If you do go, stay firm. 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?

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