We agree with the BBB – the biggest red flag in dealing with third party companies who want to sell or help exit your timeshare is paying up front fees. We believe you shouldn’t pay anything until your timeshare is sold.
Better Business Bureau (BBB) advises consumers to use caution when doing business with Relief Solutions International LLC (RSI LLC).
The Better Business Bureau recommends that timeshare owners looking to exit can contact their timeshare developer directly.
Here are the best ways to get out without getting burned.
Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces its lawsuit against Pandora Marketing (d/b/a Timeshare Compliance) and Intermarketing Media (d/b/a Resort Advisory Group) will proceed. A U.S. District Court Judge in California ruled that Diamond’s claims against Timeshare Compliance and Resort Advisory Group for allegations of false advertising, tortious interference with contractual obligations and civil conspiracy will move forward. Diamond’s complaint alleges that Timeshare Compliance and Resort Advisory Group falsely advertise services to help timeshare owners out of their contracts.
If you’re contemplating buying a timeshare for a vacation when the pandemic fully recedes or selling a timeshare that’s become a financial burden, beware, the state Department of Consumer Protection and Attorney General William Tong warned on Monday. Their concern: transfer or resale scams, following a recent spate of complaints about timeshare resellers actively conducting business in the state.
The FBI Criminal Investigative Division and the Office of Investor Education and Advocacy of the Securities and Exchange Commission (“SEC”) would like to warn consumers of a recent increase in fraudulent schemes targeting owners of timeshare properties in Mexico. These scams typically involve individuals alleging to be representatives of a brokerage firm, travel agency, title company, or escrow agent making unsolicited contact with owners of timeshare properties.
Nightmare on “Exit” Street: According to Lawsuit Filed by Diamond Resorts, Couple Paid So-Called Timeshare Cancellation Companies Thousands of Dollars & Received No Legitimate Service, Only Financial Ruin.
In the current version of the scam, timeshare owners are cold-called, mailed or emailed solicitations from an unlicensed business entity purporting to be a full-service property management company, real estate brokerage or title and escrow company that lists and sells timeshares.