4 Warning Signs of Timeshare Scams and How to Avoid Them

by Susan Budowski on Jun 14, 2022 Legal 79 Views


The timeshare industry has become notorious over the years for its scams, with many people unaware that they have fallen victim to these until it’s too late. The leading timeshare attorney in Florida has put together a list of the warning signs you should be aware of, so you can avoid falling into traps like these.

Signs of a Timeshare Scam

Wondering ‘how to cancel my timeshare?’ Every day, scammers find new ways to exploit and deceive them. Nevertheless, there are a few common signs of timeshare scams that you can identify to avoid getting snared.

Cold Calling

Scammers may come to you unsolicited. This often happens when someone is trying to sell their timeshare online. Your information will be sold to other companies who will in turn market offers to you, like giving you the chance to trade in your timeshare. Instead, only consider working with a company that you have researched, vetted, and reached out to for help, yourself. Working with companies that reach out to you on their own is a recipe for disaster.

Limited-Time Offers

Many timeshare companies offer very attractive limited-time offers that have you sign up immediately or lose out on thousands of dollars in credits. These can be signs of timeshare scams! If a salesperson tries to pressure you into a limited-time offer, ask what is going to happen if you don’t take advantage of it now.

The Offer is Totally Free

If a timeshare salesperson offers you a free vacation, it’s most likely a sign of a scam. There are no vacations that are completely free, especially not in exchange for something as valuable as your personal information or credit card. Real timeshare owners can offer special discounts or benefits by using their own points instead of going through an agency. If they offer it, they’ll let you know it’s not a scam.

Watch out for upsells and high-pressure salespeople

High-pressure sales are a sign of a scam, even in legal timeshare exit-scam companies. If you get high-pressure salespeople approaching you with offers of quick money (but high risk), then you should reconsider your decision—or at least do your homework before spending any money.

Tips to Avoid a Timeshare Scam

• You should always ask questions before paying a company. Companies that try to get you to pay money before they provide any information are probably scams. So, get as much information as possible before paying anything.

• Understand all the fees attached to the timeshare offers, such as taxes or processing fees. Get in touch with a timeshare attorney in Florida to understand all costs associated with that service before you sign anything.

• If you have a problem with your timeshare, talk to an attorney. Some marketers will try to convince you that an attorney is unnecessary, but they only want to make a sale. Also, you should never sign any document without first consulting a timeshare attorney in Florida.

The author of this article is a leading timeshare attorney in Florida with over a decade of experience in practicing law. In this article, she lists the warning signs for timeshare scams, and how to avoid them. Visit https://mytimeshareattorney.com/ now.

Article source: https://article-realm.com/article/Reference-and-Education/Legal/23481-4-Warning-Signs-of-Timeshare-Scams-and-How-to-Avoid-Them.html


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