Original Message:
Timeshare resale companies thoughts... (by Carmine P.):
Thieves have many faces and characteristics. The real scam artists are the timeshares thamselves. For example, paying 15,000 dollars for a vacation you only used once isn't a scam? Plus the 500-700 dollars a year paid to the resorts for upkeep. The Timeshares like Wyndam, Starwood, Blue-Green don't have resale programs that work. Heck, they just want you to stop using so they can rent it out. The fact is that minutes after you sign the contract on your timeshare, in most cases, it is only worth pennies on a dollar. For example, I have seen $20,000 timeshares resell for 500 dollars. A timeshare is a luxury item, only good if you use it. I am convinced that the timeshare companies like having people call them on the phone and tell them their timeshare is worth an inflated amount. It pumps up the empty balloon which is the time share value. Listing companies take your money, don't advertise their website, and no offers ever come in. Timeshares are selling, but not near the price people want. Remember the scam artists are the Timeshare salesman that sold it to gullible people.