Question of the day!

I got this question via email today, and wanted to post the question and my reply as i have no doubt plenty of other folks are contacted by these scumbags.

I just recently had someone call me asking to assist in helping us sell our timeshare unit. I obviously would never use any of these companies, however, when I told her that I was a member of TUG & would list & sell our timeshare with you, she stated " good luck with that as they don't inform you that most of their sales are for pennies on the dollar or even for a $1 but they never tell you that". She stated she used to work for you which I did not believe. However, is there a breakdown of how many customers using this method of listing & sale are actually selling their timeshares for next to nothing just to "dump them".

having a Wyndham timeshare resort in Florida, I'm very concerned about selling on my own especially with the technicalities of the contract as well as recording the deed to make sure I would no longer be liable.

Any help in this matter would be appreciated. Thanks

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Well, we can assure you that shes lying about “working for us” in the past…it’s a common line used by scammers.

We release our sales history information every year since 2008, and we are the ONLY company out there to do so…that should tell you something =)

http://tug2.net/timeshare_advice/timeshare_sales_rental_history.html

the last entry was for the complete 2015 data showing $14.5million in resales, with 4049 successfully completed resale ads.

thus an average resale price of 3600 bucks or so….although that’s a ridiculous statistic as it has no bearing on the resale of anyones particular timeshare.

Sadly wyndham timeshares have little to no resale value for the most part, so much so that wyndahm has a voluntary surrender program that many owners take advantage of because they simply don’t want to bother selling for pennies on the dollar and instead just give up their week/points back to wyndham and be done with it. Its up to you to determine if that is the route you wish to go or not, you need to examine and compare the wyndham contract you have with others to determine if its one of the rare ones that have at least some resale value, a huge number of points, or an extremely low maint fee, or if its simply not worth your time and effort to list it for the meager return you might get (regardless of where you post it for sale)

Anyone telling you any different is looking to reel you in and extract a large upfront fee from you.