Telling it Straight: CNN Money on How to Unload a Timeshare

Whenever we see articles like this one reporting truth in timesharing market practices and promoting realistic expectations, especially in reputable sources like CNN Money, we get excited.

 

The highlights in the piece entitled “How to Unload a Timeshare” include commentary on the myriad number of scammers out there who will swindle your money, and the way the Feds are cracking down. The author gives the helpful tip to assemble all your ownership paperwork and details about the timeshare you want to sell (as well as being current on maintenance fees and payments).

 

Ways to unload your timeshare included posting on online bulletin boards like Craigslist or advertising through eBay for free. It’s also mentioned that other companies, like Premier Timeshare Resale, will advertise your timeshare for sale for free with no upfront fees. As the CNN Money article reminds us, the Federal Trade Commission warns consumers to only use a reseller who doesn’t ask for payment until after a timeshare is sold.

 

As a timeshare resale company invested in legitimizing the timeshare industry, we appreciate when we see articles like this one surfacing online, giving realistic information and encouraging preparation for a lengthy process when buying or selling timeshare resale, and giving helpful tips about how to avoid fraud.

 

Thanks, CNN for telling it straight, and reminding people that the timeshare industry isn’t hopeless. Look for companies like PTR who are comprised of licensed agents, don’t charge upfront fees (advertise for free!), and are committed to telling it straight, too.

 

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