Timeshare resale scam companies

This is the typical expression used by the telemarketers to hook people into another fraud: the Timeshare resale companies. Lots of people are getting ripped off and not just by the timeshare companies, but also by the timeshare resale scam companies.
The reason why this happens is because many people who own a timeshare are desperate to give it away, since they’re not able to keep paying the high costs of maintenance because of the economic downturn. Also some of them were practically pushed into buying the property due to the high-pressured timeshare presentations, and others have just outlived the timeshare’s usefulness.
Whichever the reason is, anyone who finds himself in those kinds of situations becomes an easy target for the timeshare resale scam companies.

Timeshare Resale Scam Companies – How they operate
These companies are also known as “Resale Service Providers”. They contact people especially through phone calls. The telemarketers claim to the person on the other side of the phone that the resales market is “hot”, and that selling their timeshare will be an easy job. All they ask for is an upfront fee of about $300 to $700, which varies depending on the location and size of the unit.
After that, they promise to sell your timeshare for an equal price than your purchase cost, or even greater, so you can also generate profits, and that they count with an exclusive customer portfolio full of potential buyers who are interested in getting your timeshare.
Finally, In order to further entice the person, they guarantee to give them the money back in case they can’t sell the timeshare within a certain period. That’s how the timeshare resale scam companies operate, described in a concrete manner.