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Maybe you weren’t thinking about selling your timeshare — but suddenly, someone calls and tells you they’re a real estate agent and have an interested buyer. They might have information about you and your property, so the offer seems credible. Then, the so-called timeshare expert asks you to pay upfront to finalize the deal. Stop. That could be a scam.

Scammers are getting using public records to target people in the U.S. who own timeshares abroad — including a focus on older adults, who may not use their timeshares as often. These “real estate agents” start by asking for a small fee, promising to help you make big money selling your timeshare. But that ask turns into demands for thousands of dollars…before you find out there’s no buyer, your money’s gone, and that “agent” was a scammer.

Timeshares are hard to sell and only a scammer will tell you they already have a buyer or can find one fast. If you want out, it’s best to start by contacting the timeshare company directly.

To avoid a timeshare resale scam:

  • Don’t pay upfront fees. Only scammers demand fees before they help you sell your timeshare.
  • Do some research online. Search online for the company name or person who contacted you plus the words "scam" or "complaint." See what other people are saying about their experience.
  • Watch your bottom line. Sometimes scammers ask you to pay more than you originally paid for the timeshare. That’s a sign to walk away.
  • Check out the agent and ask for references. Check with the real estate licensing agency in the state where the timeshare is located. Deal only with real estate agents and brokers licensed in that area. Then ask for references from satisfied clients — and check them out.

Read Timeshares, Vacation Clubs, and Related Scams to learn more. 

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The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.

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April
March 29, 2024

How do you report that you've been scammed by one of these scammers.

Carl J Niedzwiecki
April 02, 2024

I have been dealing with a company called "Tradebloc". I went to a talk and they were recommended by the BBB. Everything seemed to be going okay. Yes, they needed a downpayment of $5,000 to get started. They then said that Bluegreen Resorts needed $8,250 to close the deal. Guess what, I received no receipt and Bluegreen is still sending me vacation information. I had to get my personal lawyer involved, and still nothing from Tradebloc. Maybe they are very busy or maybe they are a scam outfit. Time will tell.