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Sell Your Timeshare Without Being Ripped Off

February 06, 2012 | Comments: 0 | Views: 126

Avoiding Those Dreaded Timeshare Scams

When the time comes for you to sell your timeshare, which it often does for many people, the first thing that many would-be sellers will worry about is whether or not they'll be able to find a trustworthy resale company. The Better Business Bureau has ranked timeshare resale fraud among the top five scams in the business world, so this is definitely a well-founded fear. The following article will provide a guideline to follow that should help you to ensure that your experience selling your timeshare is smooth sailing.

Invest In Doing Some Research

The fastest way to avoid getting into trouble is to make sure that the people you are going to are qualified. Always check that companies are accredited and spoken highly of before you even begin dealing with them. Also be sure that the companies you're considering working with actually have a history of successfully selling timeshares. A company that seems legitimate but that has actually never sold a property could be the worst scam of all.

Don't Be Afraid To Ask Questions

It is of the utmost importance that you feel at easy with the company you end up working with, so don't feel the need to swallow any questions you may have. Good ideas for questions are whether or not there will be a fee charged up front, the typical amount of time the company takes to sell a timeshare, if they've had experience with a lot of other clients, who their buyers usually are, and what their process is for selling a property.

Make Sure Everything Is Written Down

A resale company could give you a scenario that sounds perfect, but if you don't get it in writing, it could end up being worth nothing. Getting all your information via e-mail, or even worse, the telephone, is playing a dangerous game, as in the end it could just be your word against theirs that something was promised to you that you didn't receive. An honorable resale company will have no problem with making sure you get a hard copy of your agreement, which will help you a lot if there should be any problems later on.

Sell Your Timeshare Safely And Securely

The above tips are just a few ways you can avoid being ripped off when trying to quickly sell your timeshare property. Online you can find resources that will help you discover and compare different resale companies to find the one that's best for you. There are a wide variety of benefits to be enjoyed from each company, much like in any other industry. Make sure you know what your specific goals are, so that you'll be able to know when you've found the company you'll be able to work with.

Robyn Parson is the creator of the Buy Timeshare website. She developed the website as a one-stop-shop for people in need of information on Renting Out Timeshare.

Source: EzineArticles
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