• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Timeshare Sales ?Scams

repdock

TUG Member
Joined
Dec 5, 2012
Messages
3
Reaction score
0
Location
Redmond Washington
Have recently been approached by 5 companies wanting to buy my timeshare for $200,000 so they can then rent it out and make money. Have checked them out and they appear to not be scams. Anyone else ever experienced the same? What happened?
 

Ty1on

TUG Review Crew: Veteran
TUG Member
Joined
Jun 10, 2015
Messages
5,128
Reaction score
1,961
I'm curious what you looked up that lent to the idea that these assured scams aren't scams.

Why would they pay 200K for your timeshare?


Very interesting first post ever.
 

RX8

TUG Member
Joined
May 5, 2011
Messages
4,232
Reaction score
4,645
Resorts Owned
HGVC and DVC
My guess is that you have a Mexican timeshare.

All 5 are scams and all would work the same. They offer a ridiculous amount of money and promise no fees. However, they will make up a fee that will be due and then tell you that you will be reimbursed at closing. You send it and then they ask for another fee. This will repeat until you stop paying them and then they disappear.

To use another analogy, how often have you received unsolicited phone calls from someone wanting to buy your 2016 VW Jetta for $38,000? Only catch is they want you to pay them $1500 first.
 

Iggyearl

TUG Member
Joined
Dec 26, 2014
Messages
808
Reaction score
990
Location
Ballston Lake, NY

Here's a post from a fellow who had a similar offer. He posted the results of his experience as a lesson to all. He was very sorry that he fell for it. A humble man who just wanted to help others. Maybe he will help you. :shrug:
 
Top