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How to Avoid Timeshare Scams in Florida

florida timeshare scam

April 29, 2021 – by Pam Stuart

florida timeshare scam

Want to learn how to avoid a Florida timeshare scam? You’re in good company. The timeshare industry in the United States is worth over $10 BILLION. Think about that. That’s bigger than the music industry, major sports leagues, and many major corporations.

Every year, people who own timeshares spend billions more in the communities around timeshare resorts. Local economies depend on the developers and guests to support incomes and their quality of life.

The point is, this is a massive economic machine with a lot of money at stake. People are out to make money and keep the train moving.

These companies and the people who sell timeshares aren’t waiting for you to fill out a questionnaire or call the 1-800 number to inquire about buying a timeshare. Those sales are like the cherry on top of an ice cream sundae.

With this much money on the line, they’re coming after you. They know who you are and where to find you. Read on to find out how you can avoid a Florida timeshare scam.

Timeshare Companies Are Targeting You

Remember the first time you found out that social media companies like Facebook were following you around the internet?

All you had to do was search for a pair of sunglasses and the next thing you know, you’re seeing banner ads for sunglasses all over your Facebook page for weeks.

These days, companies are using advanced ways to find out who their target customers are and how to get them to buy.

The same goes for timeshare companies. They know:

These companies are literally spending millions of dollars to research and devise ways to move you closer to a purchase. You may think you’re acting on your own or deciding for yourself to go for that timeshare presentation, but it’s more likely that the companies have been cultivating you for months or even years.

Knowing How to Spot a Florida Timeshare Scam

With all of the cloak and dagger influence disguised as earnest marketing, it’s harder than ever to spot a scam. We’re all pretty decent at spotting something like when someone lies to our face.

But what about the small sales tactics that effective salespeople have been using for years? That’s even more challenging.

On top of that, now you have to deal with how companies are targeting you without you knowing it.

That said, if you’re far enough along in the timeshare buying process, you need to know how to spot a scam.

In Florida, where there is a large population of affluent and middle-class retirees (a prime target demographic), scams are everywhere. Spotting a Florida timeshare scam, whether it’s you buying or someone you know, can help you avoid catastrophe and save thousands of dollars.

Here are some of the common red flags that you should keep watch for and avoid at all costs.

Red Flag #1 – Avoid Companies with Any Sort of Questionable Track Record

This red flag is pretty obvious, but unfortunately, too many people get caught up in the offer of a free night’s stay at a resort, so they fail to do basic due diligence.

Before you enter into any transaction worth thousands of dollars, whether in the timeshare industry or out, you should do a lot of research beforehand.

Only do business with reputable firms. Don’t sign up for a presentation with a bad company even if you feel like you’ll be impervious to their sales tactics. Those are famous last words.

Read online reviews, check the Better Business Bureau, and look for anything like involvement in public lawsuits to get an idea of what type of company you’re dealing with.

Don’t fall for the temptation that you may save a few bucks by going with a small, unknown firm. Larger timeshare companies have quality checks in place that can protect you as a consumer, and they have more at risk if mistakes are made.

Red Flag #2 – Don’t Do Anything Offsite

This is a common scam, and something that way too many people fall for. It’s a basic scam when you look at the situation from the outside, but some customers have a hard time saying, “no”.

After you’ve been sitting in a room saying “yes” over and over for hours, the salesperson has you sufficiently groomed. At that point, they’ll identify customers they think they can fool and take them to another location to sign paperwork.

Never do this!

They may ask you for a deposit or make you sign something completely different than what was discussed in your meetings or over the phone. Never change locations.

Red Flag # 2 – Avoid the Over-Promise of Resale Scams

It’s bad enough to get scammed in a Florida timeshare scam when you’re buying a timeshare.

But you can also get scammed on your way out of timeshare ownership. This should be avoided at all costs.

To avoid resale scams, stay far away from anyone who:

Red Flag #3 – Avoid Florida Timeshare Scams By Skipping Anyone Unaffiliated

Whenever you’re talking to someone about a timeshare, ask about their affiliation. The majority of timeshare companies, the more reputable ones anyway, are part of an established network.

It’s possible to find individual timeshare properties with their own systems and pricing plans. That, however, leaves you more open to scams.

A Florida timeshare scam doesn’t have to be an outright lie. It can also be when a company presents something that doesn’t pan out. All of those pictures of white sand beaches turn out to be far different from your experience when you visit the resort.

Buyers also get more choice when they deal with properties in a network. There are more chances to swap properties, visit more resorts, and there’s likely more flexibility to any other changes in your contract.

Find out fast and early who your timeshare company is with and find out whether it’s a reputable network before doing business with them.

A Timeshare Lawyer can Help You Spot a Florida Timeshare Scam

The timeshare industry is so large and notorious for scamming people that it’s got an entire cottage industry of lawyers helping protect consumer interests.

There are lawyers and entire firms that specialize in dealing with timeshare scams. They can:

When you’re dealing with large amounts of money, it’s not a bad idea to have an experienced lawyer look things over.

Say you’ve got to speak to your lawyer before signing anything. It’s a great way to get rid of pushy salespeople. The right lawyer can advise you and guide you in the right direction to make sure you aren’t scammed.

Every year, thousands of Americans are scammed out of their hard-earned money by unscrupulous timeshare practices. Arming yourself with knowledge before you deal with anyone in the industry can protect you and your family. It will also save you a lot of stress.

Do the work to make sure you’re steering clear of any known scammers. Ask for help when you have questions.

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

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Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. Let us help you. Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, the resorts are loath to give back the money they’ve already taken for timeshares.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We go above and beyond for our customers by helping to protect you, and have the best success rate in the industry, rated 5-stars by clients. We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client will work with our expert, experienced team whose job is to keep you in the loop throughout the entire cancellation process. We are always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.