Do you and your family love going on vacations and you would like to invest with a vacation club membership? Investing in a vacation membership is a wise way to pay and plan ahead for all of your vacations, but you should also be aware that there are timeshare scams out there, too. What is a timeshare scam? A timeshare scam occurs when a fraudulent company tries to pretend to be a legitimate vacation club provider in order to scam victims of their money. Thankfully, timeshare scams are not happening as often as they used to, but you need to know about the warning signs. Read below to learn more and stay safe.
Timeshare Scam – Nonexistent Reputation
When you are ready to invest
Timeshare Group or Network Member
Most of the top reputable resorts and vacation clubs are connected with a network or partnership with locations all around the country and world. If you have come across a company that is not connected with a resort group or network, then that is not very common and should be considered a red flag. Today’s vacation club members want more flexibility with their membership that will allow the members to stay at other resorts for their vacations. It is a big warning sign that a timeshare company is not connected with a resort group or network.
A common timeshare scam that relates to the sales rep is if they are not able to provide legitimate identification. All sales reps are given proper identification that they can show any potential buyers. If they can’t produce
A Different Resort
If a timeshare sales rep has you interested
Listen to your Gut
Do you have a general bad feeling about the sales rep when they were talking to you? Are you noticing little lies from the sales rep? If you are, then you are dealing with a scammer. All timeshare sales reps for genuine providers are honest, professional, and courteous. They are not allowed to tell lies to get a buyer to purchase a membership. You should always listen to your gut and trust your inner instincts if you have a bad feeling about a sales rep.
You have just read and learned what a timeshare scam is. Always remember the warning signs. Genuine timeshare providers will provide you with excellent vacations and investment. Just pick one that is a true professional.