If you
are offered a deal that
seems too good when dealing
with a professional selling
timeshares, it probably is.
Be careful with who you deal
with.
Do not pay money to a
re-sale company up-front
when selling timeshares.
If the company you are
dealing with is legitimate
and is really going to buy
your timeshare, they will
take any commission or fees
that they earn from the
final sale, one it is
completed. You should ask
yourself why a company would
ask for money up-front.
You should be extremely
suspicious of ‘hard sell’
tactics when selling
timeshares. You should also
be wary of being worn down
by hours of sales talk. You
should ask yourself if the
deal is truly great, why all
the energy was put into
convincing you.
If you stop thinking about
selling timeshares
and start thinking of
exchanging your existing
timeshare for an alternative
package, you need to be very
careful. The laws that
relate to timeshare deals
are very specific in what
they do and don’t cover.
Make sure you know who you
are selling timeshares to.
Some companies in the
business of buying
timeshares often hide behind
aliases and subsidiaries. If
things go wrong, it may be
difficult to find someone to
take responsibility.
When selling timeshares,
contracts should be looked
over by a professional. Any
company that refuses to let
a professional look at a
contract should be avoided.
You should never rely on
verbal contracts when
selling timeshares.
Sometimes companies will
promise the world and not
deliver. You can only hold a
buyer to what is written in
black and white.
Selling timeshares is a
tricky business and
sometimes buttering someone
up with free items is the
approach that is used. Keep
in mind the old saying,
“there is no such thing as a
free lunch”. Free things
from people selling
timeshares are rarely really
free.
Do not give someone selling
timeshares your debit card,
credit card or bank details.
The seller might use it to
take your money immediately,
even if they say they won’t.
