Best Real Estate Lawyers in Pinellas Park, FL

Dangers Of Timeshare Resale Promises Oftentimes, when contemplating how to sell their timeshare, owners fall victim to quick schemes by resale companies or so-called agents. These entities bait potential customers with offers of help to unload their property rapidly and for a large return. Scammers also use various tools of inducement, including urgency with a resale guarantee that they can sell a timeshare within a certain time frame, usually within six months to a year, and for a specific amount of money. Empty promises from timeshare resale scammers hold no weight, but the pressure to sign a contract immediately is very real. Victims spend anywhere from hundreds to thousands of dollars for online advertising and rarely see little if any interest in their timeshare from prospective buyers. Many timeshare resale guarantees are unsubstantiated and fail to deliver, as the great majority of timeshares never sell on the resale market. Unfortunately, they have become quite common, and they often target timeshare owners who are already struggling to keep up with life’s other expenses. Some resale companies claim to be licensed, bonded, and insured in order to gain the confidence of timeshare owners. They don’t disclose that they aren’t qualified to sell timeshares. The license they possess is merely a telemarketing authorization.