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Timeshare resale fail

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If you’re thinking of selling a timeshare, the FTC cautions you to question resellers — real estate brokers and agents who specialize in reselling timeshares. They may claim that the market in your area is “hot” and that they’re overwhelmed with buyer requests. Some may even say that they have buyers ready to purchase your timeshare, or promise to sell your timeshare within a specific time. All they need is an upfront fee to get the ball rolling. Well, hold onto your money and read on.

Today, the FTC is charging the operators of a timeshare reselling scheme with bilking at least $15 million from timeshare owners by charging upfront fees of as much as $2,500 — or more — with promises they would rent or sell the properties. As time passed, the defendants would ask owners for more money, claiming the sale was about to take place and even characterizing the additional fees as closing costs. When the promises weren’t kept, consumer requests for refunds were routinely denied or ignored. Not anymore. At the FTC’s request, a federal court has temporarily halted the operation while the FTC seeks to permanently stop the illegal practices and get money back for consumers.   

If you own a timeshare, question any offers to help you resell it. Be skeptical of companies that:

  • claim the market in your area is “hot” and that they’re “overwhelmed” with buyer requests
  • say they have buyers ready to purchase your timeshare — or promise to sell your timeshare within a specific time        
  • guarantee you’ll get big returns on your resale
  • require you to pay fees upfront — even if there’s the promise of a “money-back guarantee”
  • don’t provide a contract — or provide a contract that doesn’t accurately reflect conversations you had                                                   

                                                                                                                                      Timeshare Resale Scams Infographic

For more information, see buying and selling a timeshare, or check out our infographic to see how timeshare resale scams typically work.  

Tagged with: scam, travel
Blog Topics: 
Homes & Mortgages


I wish I had looked up this information earlier this year before wiring over 10K to Mexico with all the promises of being reimbursed by the buyer at "closing". McGinnis Management and Texas Title and Trust are now nowhere to be found. Phones, emails and websites are out of service. I'm assuming there's no way to get anything back, let me know if I can sign up somewhere to get repaid if they ever get caught.

You can report this to the FTC at The information you provide will go into a secure database that the FTC and other law enforcement agencies use for investigations. You can also report to your state Attorney General and to the Attorney General in the business' home state.

I was sent this blog via the FTC, hey FTC are you going to do anything about this rather big problem, I see that several owners have contacted you and none of us are seeing any results or any status updates saying the FTC is doing anything about this problem. It doesn't help to send a brochure detailing what to watch out for when buying when we all have bought the problems. Please Help Us.

Do not do business with Resort Property Management. It is a scam to get you to pay money to rent out your timeshare "bonus weeks" which there are none. You will hear a song and dance for several months with no results then they will disappear.

You can report this to the FTC at The information you give goes into a secure database that the FTC and other law enforcement agencies use for investigations.

The comments you put here on the blog don't go into the law enforcement database.

I too got scammed by the same company. I reported it to BBB.

Anyone ever heard of Corporate Time Share Network? I suspect it is another scam to rent out weeks that do not exist.

DO NOT do business with TRAVEL MARKETING WORLD OUT NEW JERSEY. The address they have on there web- site is not a there true address there is NO one there. I have a time share in Mexico they called me and ask if I wanted to sell they had a buyer in Mexico and any money that was wired to Mexico taxes fees that the buyer would reimburse at closing of the sale. The fees taxes never stoped.

You can report this to the FTC at The information you give goes into a secure database that the FTC and other law enforcement agencies use for investigations.

The comments you put here on the blog don't go into the law enforcement database.

Has anyone ever heard of Crosspointe Resorts in Greenville So Carolina? We have a vacation package with TAN. this guy Bruce Ritter emailed us and said he had a buyer for out TAN vacations. They offered $9750 and we needed to send the fees and transfer fee through Western Union to Tatiana Callahan in Daytona Baeach Fl before we get the signed contract, I feel this is a scam ....

I got caught in this one too. sent the money and then couldn't contact Bruce Ritter again. I am sure it is a scam!!1

You can report this to the FTC at The information you give goes into a secure database that the FTC and other law enforcement agencies use for investigations. The comments you put here on the blog don't go into the law enforcement database.


Been reading these comments and have some questions. trying to sell a vacation property/timeshare and wondering if anyone has any info on or about either Buyatimeshare .com or timeshare by owner, both are asking a fee up front and if they are legit. Any info would be helpful.

For more information, see buying and selling a timeshare, or check out our infographic to see how timeshare resale scams typically work.

Fell victim to this sort of scam out of Portofino Hotel in Cabo San Lucas. Amadeus Vacations/Punta Resorts said they would sell 3 of my timeshares if I bought another one at a low price. They transferred me to Prime Alliance, allegedly out of Cleveland, and then America Holdings, allegedly out of Cincinnati, to handle the sale of the timeshares. They kept claiming more and more fees, which they requested that I wire to Mexico, and kept pushing back closings. Now I am out tens of thousands of dollars, and I am still stuck with all of the timeshares.

I have been approached by a company called First Allied Properties out of New York indicating they have a buyer for my timeshare. The initial call came to my cell phone and was unsolicited by me (my weeks are not listed for sale). They do not want anything upfront, and have had an escrow company by the name of World Acquisition Group contact me to presumable open an escrow where the buyer can deposit the funds. I have confirmed that both FAP and WGA are incorporated in the State of New York and are both in good standing with the Department of Corporations, and the addresses match what is on their respective web pages. So everything seems legit, but the hairs on the back of my neck are still standing up and telling me something just isn't right--maybe a way to get my social security number, etc. for identity theft? Any info out there somebody can share with me?

NOTHING BUT ME: Please post if anyone asks you for money to expedite the RFC number you need. World Acquisitions will send you a statement showing your agreed upon price plus an amount equalling the amount that will appear on the sales contract as reimbursing you at time of closing so they promise to pay you back. The statement from World Acquisitions will show a 12 widget RFC number which I have been unable to verify. A personnel one that you would need to have a bank account in Mexico is a 13 midget RFC. First allied will tell you that the charge is to expedite obtaining the RFC from their people in Mexico.
I have also gone to First Allied website they reference and tried to verify the first Jr broker who contacted me, and have never heard back. That was over two weeks ago. Tried again yesterday and when I pressed "done" on the message a box came up in spanish and I can't confirm the query was sent. My timeshare folks tell me that my timeshare is a Right to Use not a Deeded timeshare and as such I am not subject to any Mexican taxes and do not need a taxpayer ID in order to sell. The broker says they are not telling me the truth because the law changed in 2014. I can't find any reference online (and in English) so I can't verify that either. Any feedback would be appreciated.

Hi, I am the real owner of World Acquisition Group. My Company name and address were stolen! Do not Deal With anyone in regards to escrow, timeshares or anything else! We are a basic commercial brokerage company and primarily work in Manhattan only. PLEASE DO NOT give any of your information to anyone affiliated to First Allied Property Or World Acquisition! Complete SCAM!

They stole the identity of First Allied Properties, Inc. of NY City. They are criminals and have been reported to law enforcement. The real First Allied Properties, Inc. does not sell timeshares or buy them for its clients.

On the 13th of March we again received a phone call from Richard Cohan, First Allied properties, he wanted to touch base and see what we had determined to do. He left a message to get in contact with him.
I responded by email (not wanting to get into a heated discussion again), stating that we would be happy to sell our timeshare to First Allied Properties as long as there were not up front fees involved. Haven't heard anything from First Allied Properties or World Acquisitions.

Anyone out there know of a LEGITIMATE firm out there who will actually be able to legally resell timeshares ?

They are criminals who stole the identity of First Allied Properties, Inc, NY. They have nothing to do with First Allied Properties. Their web sites are fake and we are trying to get them taken down. First Allied Properties does not sell timeshares. See our web site First Allied Properties, Inc. NY Identity Theft and Fraud warning


This just happened to me this week. I was contacted by travel industry consultants inc saying that someone is interested in buying my timeshare. They even use a escrow agency and they are not asking for any closing fees. They said that timeshare companies can only sell a certain amount of timeshare to Mexicans, so they are representing this client, something in those lines. Has anyone grinfe scammed by something like that? I appreciate any feedback

I have received an offer and were dealing with both of these companies. I was concerned but am now really concerned when they said I needed an RFC (Tax Id) and that the buyer had deposited those funds into the escrow account in Mexico and that I needed to prepay the $3250 which would then be reimbursed at closing. Red flag went up. Shows the same on the contract which we haven't yet signed. Have a all into our Mexican Consulate here in Colorado and am awaiting a return call to see if (1) If I need an ID number. (2) is a timeshare MEMBERSHIP considered real or physical property in Mexico for which I need and ID(3) what is the cost of obtaining an RFC if needed (I believe it can be acquired from the Mexican Govt website for free. I'm not yet trusting this one.

Was contacted by Capital One Services Group, Inc. claiming they can sell our timeshare in Mexico with no upfront costs. So why not. Then needed to purchase RFC for 2750. That was just the start. They suck you in thinking you can get money. But they ask you to wire transfer the money to Mexico. Just stay away. Nothing but a scam.

do not accept calls from CNT phone # 866-376-9655 It is a scam

Absolutely Amazing Vacations and Travel LLC (Doug Kaplan) offers to buy my timeshare in Puerto Vallarta. They use Escrow Services LLC as the escrow company. Both companies are of Atlanta, Georgia. AAV was dissolved in 2012, and reinstated in Nov. 2016. Has anyone dealt with these companies?

I just got a call from the same company and looking into how,legit they are. Does no t look,like they are legit. Already scammed out of $4k+ by company called Corporate Connections International

Any update about this company? Doug Kaplan also called me.

Just received an offer from the same company. Did you get a deal with them or is it spam?

AAVT rep name was William long with either Mexican or Chinese accent

Did you get any deal with them? I was contacted by the same company

AAVT is a fraudulent comany. Already reported them to FTC

We have no timeshare, nor have we ever had one, but we get at least 3 calls per week offering to help us sell it. I did find out that our name was listed by Wyndham, but the calls continue. How do I get this stopped?

I received a call from a marketing company asking if I wanted to sell my timeshare in Mexico Pueblo Bonito Sunset, they said even though I haven't paid my timeshare in full they can find a buyer that will purchase my property, pay my bill off and I would not have any out of pocket cost sent me a purchase agreement, bank account transfer fund sheet, a contract the works set me up with a company in Chicago Rallo & Associates, who called and said they had a buyer, I would receive 55,599.00 and sent me a statement showing the money was in escrow, someone then called me from supposedly from Pueblo Bonito in San Diego CA and he sent me papers to sign and said he will handle everything for me, I signed everything and never heard from him again, the the Mexican Government called me saying I need to wire them 5,559.90 to the Secretary of Tourism to get the deed and when I do I will get the 55,599.00 plus the 5,599.90 into my account the next day saying they could not accept the money from the buyer it had to come from me needless to say I am to afraid to send them that kind of money so then I was told send 2,500 and the government can take 3,059 from the buyer and said I would still get all my money back I was suppose to send the 2500 yester 3.27.17 but I just can't do it yes I would love for all of this to be real and not a scam but I just can't take the risk of losing 2,500 on a promise I will get 55,599 I maybe making a mistake but I refuse to take the risk I hope I made the right decision. Have anyone heard of any of these company and do I really send money to SECTUR in Mexico to get the deed and my money.

I have had almost the exact offer. Company called Ibex out of Illinois making an offer for a third [arty. Escrow agent to be Crossborder investments out of California. Sent me account in our name from Citibanamex. Pressure put on us to pay a Foreign tax in advance although it would be reimbursed by ultimate buyer. Number to get was from the Mexican government--and RFC number. I have refused to pay anything in advance.

Don't send any money, it is a scam. They have especially targeted Pueblo Bonita owners--my uncle lost about 17K. My dad lost 65K in a similar scam. If you wire the money, pretty soon they will find a reason to ask for more.

Anyone have heard about Largo Resorts and/or Robert Bennet? They are offering to buy my timeshare and already sent an "offer".

I have received the same offer. Would appreciate any information on the company or person.

Hi! We are being offered a deal too... want to compare notes?

an offer was sent to us too. website looks suspicious as well as the offer is almost too good to be true.

yes, my parents as well. Anyone been in contact with them? The offer they received named a buyer and an amount. Anyone else?

Looks like we got scammed from this Robert Bennett as well from "Largo Resort". I guess we should consider ourselves lucky since he only asked for closing cost of $254 or so.

He so played us with the same offer tactic and now won't take calls or respond to emails.

My parents received similar offer. Anyone call them?

Amadeus out of Playa del Carmen, Mark McGinnis from McGinnis Management, Texas Title and Trust. All part of and elaborate scheme to take your money. DO NOT BE FOOLED! Run from them, fast as you can. They are scammers!

I received an offer from a Company out of Arizona who offered to by my time share for a 120,000. I accepted the offer and the next day I was asked for credit card info to charge fees of 9,584.00 I refused to give credit card info and now they are threatening to liquidate my timeshare holdings do to default of offer.
Has anyone dealing with this same issue?

I am in the middle of the same thing. I was contacted by Global International Trading, informing me they had a buyer for my timeshare. I was not looking to unload it. The title company Realty Escrow Inc set up an escrow for the transaction. The first surprise was them needing 10% of purchase price for the resort transfer fee. The broker would not be paid their 6% until after closing. I wired the transfer fee, thinking the resort would not prepare the papers until they received their fee. They confirmed they received the money, but I did not hear from them for about a week. I contacted them and now they are needing the 25% tax for the Mexican government. Yes they said I will get my transfer fee and taxes back along with my payment. My story sounds so much like these scams. This may not be the forum, but are there any success stories?
Anyone heard of these two companies. The phone numbers and address are both out of the New England area.

No, but think about it, if you are selling your Timeshare why would you pay money up front?
How I know, we got scam in the same way but with different named companies.

Sorry to here that they got you. I made the call today to cancel the transaction and get my transfer fee back. I will share the outcome for all to see.

Hi Daisy , I hope you can give me a little advice !!! I dont know if youre familiar this company Capital Real estate Solution from New york they offer me to buy my timeshare and there sending me something to sign


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