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I've recently grown tired of a timeshare property I own in Colorado, but I'm finding it difficult to unload on my own and I'm considering turning to the resale market. However, I also know this market is brimming with fraud. I worked as a research assistant in a real estate company for a while and was constantly coming across news articles exposing the slimeballs in this industry. To those with experience in the market: what should I avoid to evade getting screwed? Obviously I should read any contracts with a bloody fine-tooth comb.
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Trying searching for "timeshare scam" on the internet and see how many millions of results come up.
There's a lot of articles that outline classic scams, etc, if you go looking for them. This is a good link, a top ten: 10 Secrets Time Share Resorts Won't Tell You Found it on this website, which has been showing up a lot in my google results (I thought about becoming a timeshare agent for awhile but decided against it in the end): Timeshare Consumer Group |
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| Tags: agent, fraud, resale, scam, timeshare |
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