Timeshare Equity Services

Our past experience with similar offers has been that re-sellers contact timeshare owners by phone, mail or the Internet asking them to call a phone number about their timeshare. The salesperson may claim that the market is "hot" for resales, when in fact the market varies considerably depending on location and the prime season for that particular unit. For an advance fee of about $300 to $700, some salespeople promise to sell your timeshare for a price equal to or greater than your purchase price. They may claim to have a list of sales agents and potential buyers. While the seller may possess these lists, it is unlikely the parties are interested buyers. To further entice you, they may promise a money-back guarantee or a government bond if they can not sell your timeshare within a certain amount of time.

In the end some owners have found that their timeshare did not sell, their fee was not returned and they were given a bond worth as little as $60 to $70. If you are considering reselling your timeshare and are approached by a company offering to help, do not agree to anything over the telephone until you have had a chance to check out the company. Ask the person to send you written materials, and references, including address and phone number. Take time to contact them. Ask where the company is located and in what states it does business. Find out if the company's salespeople are licensed to sell real estate where your timeshare is located. If so, verify this with the state licensing board. Ask about commissions, who does the closings and, who provides escrow services. If they charge an upfront front listing or advertising fee, find out what it covers and if it is refundable. Read and understand the company's refund and cancellation policy.