Original Message:
Time Shares by Owner reseller...fraud or legit? (by Stillinthe B.):
Misnomer about timeshare resales. You do not need a real estate license. The person that you speak to does need to have a telemarketing license. These come in 4 different varieties, including realestate sales. The key to look for here is if they claim to have interested buyers. Just ask yourself this: Where did you buy your timeshare? You are 1 of several thousand timeshare owners that want to sell their timeshare. Nobody wants to buy your timeshare. The best you can hope for is to find a company that does timeshare bailouts. This can only be done if your timeshare is paid off, it isn't cheap, but it gets you and your family out of the insidious contract you signed. Also, because of the pitch used by timeshare sales agents, referring to it as an investment, you can claim the price you are charged, as well as fees and initial cost of the timeshare as a loss on your taxes. Look into it. Never believe ANYONE who says they can sell your timeshare.