Are you interested in learning more about vacation ownership and timeshare opportunities, but want to avoid a scam? Curious how you can properly differentiate a reputable timeshare provider from a scammer? Continue reading below to learn the top warning signs to prevent a timeshare scam from happening to you.
Everyone knows that a good reputation is important whether it has to do with an individual or a company. However, what does it mean when a supposed timeshare provider has no reputation at all? If you find yourself dealing with a vacation ownership or timeshare company that you can’t find any information on, be very wary. Most scammers constantly change their name to avoid prosecution for fraudulent activity, and to keep potential scam victims in the dark. Make sure to do your research on a timeshare provider you want to buy from, and if you find they have no reputation at all, be very suspicious as you are likely dealing with a timeshare scam.
Not Part Of A Timeshare Exchange Group
Another good way to separate the genuine timeshare companies from scammers is to see if they are part of a timeshare exchange group or network. Most reputable companies are part of a partnership with other resorts throughout the country, so any provider that has no affiliation is unusual. As individuals who invest in timeshare vacation ownership memberships want to have more variety and flexibility with their investment, the majority of reputable providers are part of a network so their members can mix up their vacations and visit various properties as opposed to be limited to just one location. If you find a vacation ownership opportunity where they are not part of a network, this is a warning sign you may be dealing with a timeshare scam.
Sales Reps Cannot Produce Valid Identification
A big warning sign of a timeshare scam is when the sales representative or promoter is unable to provide proper identification. All sales reps that work for genuine providers are given proper identification that shows that they work for the specific timeshare provider they are trying to sell. Also, where do you encounter the sales representative? Scammers are usually found at random locations throughout town and are not allowed to legally work inside the airport or shopping centers. To protect yourself from a timeshare scam, simply ask to see ID before you commit to attending a presentation or waste your time with a potential fraudster.
Beware of Off-Site Interaction
A common trend in timeshare scam operations is when a sales rep piques your interest about one resort, but then takes you for a tour of another. Also, where did they perform the sales presentation that covers the membership plans, amenities, facilities, and more. Did they quickly take you on a tour of a resort, but actually go into detail with the sales presentation at another location? If so, that is a red flag to be aware of. Any sales rep who conduct a timeshare presentation off site are likely not legitimate staff members for the resort they are trying to sell so be careful!
Trust Your Gut
Lastly, a great way to avoid a timeshare scam is to go with your intuition. Do you have a bad feeling about the sales rep, or notice little lies that have arose during your conversations? If so, you are probably putting yourself into a situation where you are dealing with a scammer. Legitimate timeshare sales reps are honest and not allowed to misconstrue information about the vacation ownership membership. So if you feel your rep is not trustworthy, or if something feels off, listen to your gut and trust your instincts.
Stay aware and remember these warning signs to keep yourself safe. Vacation ownership memberships with genuine resort providers are an excellent investment for you and your family. Just make sure you choose a reputable provider so you can avoid the stress and hassle of a timeshare scam.
Related article: Have You Been Warned To Avoid The Villa Group Timeshare?