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timeshare resale companies under investigation

2023.10.24

We use cookies on our website to give you the most relevant experience and save your preferences. You Pay A Reseller In Advance. Trust your instincts: if a timeshare solicitor makes you uncomfortable or tells you something that does not sound right, do not continue communicating with them. Months and even years tick by with no sale in sight, however, as owners continue to pay annual maintenance fees. Complaints about timeshare resale companies in Florida jumped from 800 in 2007 to more . Owners post their timeshares for sale here, and connect directly with travelers looking to buy. Talk to an attorney in the state where the timeshare is located to learn about relevant laws. Leading up to and after the 2016 settlement, Scott allegedly took steps to conceal and disguise his involvement with another telemarketing operation as he set up new companies under the names of his employees. Let one of our friendly real estate professionals help you buy, sell, or rent your timeshare. Toll Free: 1-877-815-4227 Beware of Fraudsters Last October, after a joint FBI-Ft. Lauderdale Police Department investigation, 13 individuals from a Florida timeshare resale company were charged in federal court in. These scams typically involve individuals alleging to be representatives of a brokerage firm, travel agency, title company, or . Any work done to the title is reviewed by a licensed attorney and is guaranteed to be precise. They may also use fake testimonials and false promises of quick and easy sales to lure people in. During the entire process the staff was available to take our calls and address our concerns every step of the way. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. In 2014, the Florida Department of Business and Professional Regulation issued a cease and desist order to Scott after determining that he was brokering properties under a different business name and without a license. Most commonly, consumers said they felt reality didn't match the big promises made in timeshare pitch meetings. The American Resort Development Association (ARDA) is a trade association that represents the timeshare and vacation ownership industry in the United States. Time sharing vacation units is now a $9.6 billion industry. Analytical cookies are used to understand how visitors interact with the website. - Ask how the reseller will advertise and promote the timeshare unit. Be realistic about what you can get for your timeshare. I tried to sell it on my own on Ebay, but that certainly didn't work. Timeshare Resales - 5 Surprising Truths About Timeshare Resale AARP TIP 2: Use the Resale Market. Federal Trade Commission Consumer Response Center 600 Pennsylvania Avenue NW Washington, DC 20580 . Bluegreen Corp. Read 808 Reviews. You can report timeshare resale scams to the Federal Bureau of Investigation and Federal Trade Commission as follows: Federal Bureau of Investigation Minneapolis Office 1501 Freeway Boulevard Brooklyn Center, MN 55430 (763) 569-8000 www.fbi.gov. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Six Individuals Charged in Timeshare Resale Scheme If you are ready to resell your timeshare, SellMyTimeshareNow is ready to assist you. - If you want an idea of the current value of the timeshare, consider using a licensed timeshare appraisal service. Led by Attorneys Michael D. Finn and J. Andrew Meyer with over 75 years experience, the Finn Law Group is a consumer protection law firm that specializes in timeshare related matters.

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