Avoiding Timeshare Resale Scams

Timeshare resale scams are a major threat to vacation owners. Fraudulent companies often contact owners with enticing offers to sell their timeshares quickly and at inflated prices. However, these offers are usually too good to be true. In reality, these scammers are just trying to take advantage of unsuspecting owners and make a quick profit. At VOADVO, we are committed to educating vacation owners about these scams and providing them with the tools they need to protect themselves. Learn more about the tactics used by resale scammers and how to avoid becoming a victim in our latest blog post.

Timeshare resale scams have become a prevalent issue impacting numerous individuals who own timeshares. These scams lure unsuspecting owners with promises of selling their timeshares at inflated prices, only to disappear with their hard-earned money. The deceptive tactics employed by these fraudsters involve cold calling, offering free vacations or gifts as bait, and using high-pressure sales techniques.

Owners looking to sell their timeshares are enticed by the prospect of making a substantial profit, but instead, they fall victim to these scams. The scammers operate through fake websites, false advertising, and even impersonate legitimate companies, making it difficult for victims to differentiate between genuine opportunities and fraudulent schemes. As a result, innocent timeshare owners are left financially devastated and emotionally distraught. It is crucial for owners to remain vigilant and thoroughly research any resale offers to protect themselves from falling victim to these unscrupulous scams.