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


Pattigirl was this a success, I have been approached also by Travel Plus Acquisition and Closing Source LLC, but have not moved forward with them.

People please beware.. Interval Title 425 Roselane Ave Orlando, Fl 32801 ph# 4076297228 Tim Rosen called me twice claiming to have a buyer for my Timeshare... It sounded to good to be true...At the end of everything he asked me for a cashiers check for $1490. To have in escrow in case Wyndam found any money I owed... This was my clue I said I can't send you a cashier's check that means you could cash it. GUESS WHAT???? HE HUNG UP!!! BIG SCAM BEWARE PEOPLE

We got a call from Signature Luxury Properties, at 2004 Walnut St. Philadelphia, PA 19103, saying they had a Company in Canada that wanted to purchase our vacation membership with Vidanta as a bonus incentive for their employees and the only way they could use it as a tax write off, was if they purchased it 2nd hand. I called the Real Estate Commission for PA and was told the broker, Louis V. Martin's real estate license # was active and current with CE, continuing education, and could not find anything negative on the internet about them. We were promised a selling price in the sales agreement and it stated that any fees, would be the responsibility of the purchaser.
Then the request came for us to wire the 10% penalty fee from the resort for selling ($2,385) plus $776 for the closing costs we had paid in MX, totalling $3,161. We were told we would get that all reimbursed along with the purchase price from the purchaser which was being held in a trust account in MX, with CR Holding Company, 600 Woodward Ave Detroit, MI 48226, Roger Perkins, the closing agent overseeing it. They told us since it is in our name, we would have to pay it by wire first, before getting reimbursed. We wired it. Our payout did not happen, then they said MX was asking for 16% for a tax lien, something they were not expecting and were upset about: ($3,816 with a 3% for registry of foreign investment: $715.50 for a 2nd wire of $4,531.50). No payout by direct deposit like promised.
Then we were told that they were requiring $2,499 for closing costs on the MX side plus $1,908 for the 8% commission for Signature Luxury Properties, a total of $4,407, but that it had already been paid by the purchaser into the trust account, which we would be receiving within 24 -72 hours after wiring. Still no payout, then they informed us that the bank in MX holding the trust account, was requiring a release fee of $4,385 because the trust account was held there for longer than 30 days, so they add an interest for each day, but that the purchaser had already deposited this amount, along with all other fees we paid, into the trust account for reimbursement. Just wanting this to end and get our payout, we wired the 4th wire of $4,385 and were told we would have our direct deposit in 48-72 hours. Well that didn't happen, and a week later, they informed us that Chase bank is now asking for an exchange fee from pesos to US dollars of $7,000 but they talked it down to $5,008. We feel like fools now, and when we told them we just wanted to cancel and get our fees reimbursed, we were told that the resale agreement says that if we, the sellers, cancel, then we would have to pay a $4,000 penalty fee. Louis Martin, at SLP, says we would have to wire the $4,000 penalty fee first, before getting our funds returned. How do we even know if we will get anything returned if we do send the $4,000 cancellation fee? What a nightmare. Has anyone else had any experience with Signature Luxury Properties or CR Holding Co? If these companies are scamming us and many others, we need some help from the FTC or someone who can help us get our money back, and to get the information out there to prevent this from happening to others. Please offer help.

Please report this to the FTC at FTC.gov/complaint. You can provide information about the company, what it promised, and what happened. The information you give goes into a database that law enforcement uses for investigations.

You can also contact your state Attorney General and local consumer protection officials. If you used commercial wiring services to send the money, you can report this to the Western Union Fraud Hotline at 800-448-1492 or MoneyGram Customer Care Center at 1‑800‑926‑9400. If you sent money directly from your bank account you could report this to your bank.

Has anyone heard of Getaway Travelers, Inc? Or Escrow Holding Management? Received an offer and a contract to buy a Mayan Palace timeshare.

We got a call from Getaway Travelers and Escrow management as well. They offered a lump sum to buy out our timeshare with no fees paid upfront, just a 5 percent commission. We haven't followed up on anything yet. We told them our lawyer was looking over the documents first. Have they responded back to you?? I'm pretty sure they are a scam as well.

Did you read the FTC tips about selling a timeshare? The first tip:

  • Don’t agree to anything on the phone or online until you check on the reseller. Contact the state Attorney General and local consumer protection agencies in the state where the reseller is located. Ask if any there are complaints on file. Search online for complaints about the company, by typing the company name and the word "complaint" or "review."

I had the same offer but, when all the process was about to finilize I received an email asking me for $4,200 upfront and that money will be refunded on closing day., few days later. I believe it is a scam!!!

Hi there what happened afterwards? Did they back out of the deal? I had the same email as well.

I've been contacted also. Have you proceeded with the offer? Would like to know what you found out. Where is your timeshare located? Ours is in Cabo San Lucas and I'm leary of the offer but would love to dump it.

Hi I also have a timeshare in Cabo and was co reacted by getaway travelers with an offer. Whatever happened with your deal? Did it go through?

Did you ever get back getaway travelers about your resell? They contacted me and sent contract theuescrow management. Contract says no money is sent to them. Will be d ducted from the buyers cost. Haven’t done amything yet.

To Hayden from Canada:Back in March 2017 I became involved with MsGinnis Management supposedly located in Aura, Colorado. Mark and Reventa McGinnis we're going to purchase a Mexican timeshare for a rediculous price. After doing some research, it became obvious that the location they provided was actually the site if a pizza store. I never answered the phone calls and sent them an email stating that I would come to Colorado to finalize everything...never heard from them again. Hope this is helpful. I have no way of knowing if these two are the same.

I received an intent to purchase my timeshare from Best Travels Deals. Does anyone know about this group. There is no money up front nor do I have to pay a commission.

I also received a proposal from Best Travels Deals, telling me that the will assign a law firm to review the contract. They say that they will send to money to the law firm on my name and I would not surrender the ownership until I have the money on my bank. The will charge an 8% commission. Anybody knows this company?

Any update on Best Travels Deals?
Is this a scam?

I am a little more down the road with Best Travel Deals and Amanda Suzanne Abbott out of North Carolina, their attorney they use. I can't tell if this is a scam yet, that is why I am on this site. I was informed yesterday when Amanda herself called me and informed me that the resort refused to let me sell to a Travel Agency and that PROFECO would override the decision. I would have to obtain a Certificate from them in order to process further. they require a 5% fee which in my case is $4500 Everything looks legit but I don't think it is. A few red flags have surfaced. First, I called their bookkeeper and asked for the actual wire transfer bank doc from Best Deals Travel as a reprint on their atty letterhead wasn't sufficient. I still haven't received it. The wire transfer instructions don't have a legit business name on them instead it says Invoice Bill....and some numbers. I will keep you updated as i believe this is avery sophisticated scam.

What can you tell me about this potential timeshare sale scam? I have the same people wanting me to wire money to Mexico. I don't have a good feeling about it but would like to know if anyone has had a good or bad experience in selling their timeshare to "Best Travels Deals" using the "Amanda Suzanne Abbott" law firm in North Carolina? Any info is appriciated!

Did you read the FTC tips about selling a timeshare? Here is the  first tip:

  • Don’t agree to anything on the phone or online until you check on the reseller. Contact the state Attorney General and local consumer protection agencies in the state where the reseller is located. Ask if any there are complaints on file. Search online for complaints about the company, by typing the company name and the word "complaint" or "review."

I am also in the same boat as you are with same Best Travel Deals and Amanda Abbott. I am also required to send the 5% fees to obtain the certificate from Profeco. I am not sure if I should move forward with it or not. The deal is too good to be true so I am confused

I have been ripped off also I'm positive but I payed $6300.00 and more to still be waiting for my wire transfer.Please keep us posted

Please help law enforcement and report this to the FTC at FTC.gov/complaint. The information you give will go 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.

How did you end up making out, they have contacted me as well.

I'm just finishing up my time with ms abbott and best travel deals. iT is really a bad bad deal. if you read this please dont even waste your time with either ms abbott or best travel deals. i cant believe how the last three months have went. I guess you live and learn. Ms Abbott has been very aloof and unprofessional for the past month. I think I will file a greivance to the board of NC on her. I doubt it will help anything but will make me feel a little better. Profeco is not helpful. all they want is more money. What a sad situation. I lost $3600 and need to pay them $1500 in advance to get it back. crazy crazy crazy. like I said you live and learn.


Thank you. I am in the boat this guys had been contacting me for my time share and yesterday they sent me a document that I need it to pay them to get representation in Mexico with Prefeco that is "Procuraduría Federal del Consumidor" like a protection agency. I have family in Mexico and they said that they don't get involve in sales and stuff like that.

Yes a scam. i hope my blog will be posted in its entirety which shows how the scam works from start to finish.

Don't pay upfront fees - remember there is no boom in timeshares, that day has long passed - it is like an albatross hanging around your neck. Legitimate timeshare transfer companies are few and far between. Check with your states licensing real estate licensing to verify a license, the BBB and do as much due diligence/research as you canbefore you even think about sending any money. There are plenty of crooks out there who would be happy to take your hard earned money and timeshare scams are considerably more sophisticated than the "Congratulations, you've just won a million dollars, just send us $500.00 and we'll get that right to you..." Caveat emptor - buyer beware.

Fors anyone know anything about TLC resorts. Has anyone stopped paying there fee's, and if so what has happened?

There were some posts earlier about Rock River Partners Firm. I see they have disappeared- Why would that be?

If you can't find a comment on this page, it may be in the previous pages of comments. Also, we have several blog posts about timeshares -- you might have seen the comment on a different blog post.

How about Regal Marketing any info on the scam same as the rest no upfront fees etc etc they say and letter head is oklahoma

She sounds like a rip off.

After going down this road before and discovering the scam in time, I was hoodwinked by the Abbot Law Firm into believing this was legitimate. After a promise to contact me and discuss my "concerns", i appear to have been "ghosted". I am now in the process of contacting the local news station, the BBB, the NC State Bar, etc.

Unfortunately for me I did not see any of these blogs regarding best travel deals and the law office of Amanda Suzanne Abbott. I will explain how Amanda herself, or someone from her office, duped me into sending a considerable amount of money to a bank in Mexico to pay off the balance I owed to my resort for the purpose of selling it, I want to make clear that I would have never attempted to sell my timeshare located in Mexico to another company also in Mexico without an attorney, Amanda Suzanne Abbott according to the North Carolina State Bar is in good standing and has never had any disciplinary action taken against her.I think that is about to change.Ok,lets get to the scam. We were contacted by Best Travels Deals about a month ago. They were interested in buying our timeshare. I was very skeptical until I was told that a US law firm would handle everything. I received an email from the law office of Amanda Suzanne Brown greeting me as a potential new client. I called Amanda because I had a few questions before we proceeded, She spent at least 20 minutes on the phone with me to explain why my timeshare had gone up in value and how the selling process worked. I received all of the necessary paperwork from her office and returned it. Amanda contacted me and explained to me that because I had a balance on my timeshare the sale could not go through. I would have to pay the balance in full first . I contacted my resort and they confirmed that was indeed correct. I told my resort that I would be selling my unit and would need wiring instructions. I received wiring instructions via email shortly afterward. I went to my bank and transferred the money. The next day we received a call from a bank in New York saying a wire from the buyer in Mexico was received and that it was being held by the IRS. They went on further to say that two deposits were made. This didn't make sense to me so I asked for the exact amount of the deposits and wrote down the figures. I now knew that I was being scammed. One deposit was for much more than the sale price agreed upon and the other deposit to possibly pay taxes. I call Amanda for assistance. Her explanation flawed me. She went on to say that in deals like these deposits are routinely padded and that an additional amount is sent to cover any taxes that the seller might owe. I could not believe what I was hearing but contained my anger. Amanda told me she would contact the bank to get everything in order. I then receive a document from the bank stating that I must pay 20 percent capitol gains tax to Mexico as a foreign owner before any funds can be released.Another email follows from the law office of Amanda Suzanne Abbott containing wiring instructions to pay foreign buyer taxes to a bank in Mexico. I call her again for confirmation.Her reply is both bank held deposits will be released to me after I pay the taxes. The first thing I do after we hang up is contact my resort. By now I all ready know the answer, my wire to pay off the balance owed never posted, The first set of wiring instructions after examination look suspiciously like the second set of wiring instructions from Amanda's office to pay the taxes.There is a good reason for that. The very first set of wiring instructions did come from her office with my resort information forged. Now, what about the bank. The bank is no longer in business but they are using the phone number that was associated with it. The bank address is to a virtual office in New York. In other words, no bank, no deposits. Do you remember how I said i wrote down the deposit figures from the bank. I never disclosed the exact figures to Amanda, however, when I received the second set of wiring instructions to pay the foreign taxes it included the exact amount from a bank that doesn't exist. I contacted the authorities and passed along everything I had. I was told to contact Amanda to let her know that her scam had been exposed. I imagine to see what her reaction would be. Of course everything she said was a lie starting with my resort. She claimed with a couple of calls to corporate she could locate the money. The bank was real and the deposits safe she claimed. Her most ridiculous statement was that the authorities I was working with are the real scammers. I hope she and her crew go away for a long time and all the money is returned.

Thank you for your comment.

This is important information to report to law enforcement. Please report this at FTC.gov/complaint, so the details will be added to the database that the FTC and other law enforcement agencies use for investigations. You could also contact the North Carolina and New York Attorneys General and NC Bar Association.

It is so unfortunate that people assume that a lawyer in good standing with the bar is dumb enough to start a scam in their own name. This is a new tactic where scammers take names from various bar associations (the names are publicly available) and create fake websites using them. The real Amanda has reported the scam to the FBI, police and the NC bar; however, none of these entities have been helpful in getting the site removed.

We had a call from International Sales Group out of New York and they offered 40,000,00. to buy our Mexican Timeshare. They said it was for a tax write off for their client. They will put it in an Escrow account as well for us. We don't have to pay anything . Is it too good to be true?

Did you read the FTC tips about selling a timeshare? Here is the  first tip:

  • Don’t agree to anything on the phone or online until you check on the reseller. Contact the state Attorney General and local consumer protection agencies in the state where the reseller is located. Ask if any there are complaints on file. Search online for complaints about the company, by typing the company name and the word "complaint" or "review."

Have any of you dealt with Escrow Holding Management? I just got contacted by them to purchase my villa in Cabo. Are they legitimate? Thanks

I've also been contacted by Jonathan Davis (Sr. Representative, GETAWAY TRAVELERS INC: DL: (678) 894- 7566 TF: (866) 978- 5334, FX: (678) 550 - 9421 contact @ getawaytrav. com www. getawatrav. com) who magically already had a buyer ready to purchase my timeshare at $10K what I paid for it 7 years ago. He sent me a contract with Escrow Holdings Management as the company that will handing the transfer of title. In the contract, they claim not to ask for any money up front, however, it also has all 5 pages with the same exact initials (down to the period placement)...but they're original initials. The contract has a bunch of official wording but I can't help but think this is a total scam. Has anyone else been contacted by these people?

Contacted by Best Travel Deals with offer of $22,000 for a Passport weeks plan at Pueblo Bonito Cabo San Lucas for which I paid $2000. I'm at the point now where they want me to send $2220 to Profeco in Mexico. I searched the web and saw multiple websites for Profeco and I think the scam is that you would think you are sending money to a government agency when in fact you would be sending money to a group with a fraudulent Profeco website. Their email addresses end with .com and they use 800 numbers whereas I think the official Profeco telephone number is a regular Mexican phone number. I am too cautious to proceed any further but I wonder how our FTC doesn't go right to the law firm in NC and find out immediately what is going on.

You can help the FTC by reporting at FTC.gov/complaint. The information you give will go 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 secure law enforcement database.

I just received an unsolicited offer from Getaway Travelers where I THINK they are offering to rent my timeshare out for 10 years for way more than market. I assume it's some type of scam, but researching...

Definite Scam!

I have read all the blogs. I did not find any bonafide contact path for help. I also did find any reference to a legitimate case filed leading to a legitimate conclusion.

I’ve been barraged by emails and phone calls from Travel Plus and now the Closing Source. Apparently, there is 33,000$ sitting in an account just waiting for me to claim it. They’ve gone so far as to send me a contract signed by all parties, and they are waiting on my signature- which is not going to come. I’m curious to know if anyone else has gone further with these companies.

Also been contacted, by Travel Plus Ac, said they would send contract for my attorney to approve. Hmm we wil see if legit.

Out of nowhere received a call from TRAVEL PLUS using a company called CLOSING SOURCE LLC to purchase our timeshare in MX for a very attractive sum. Told them I would need more time for our attorney to review their contract and that I would be checking these two entities out further. Advised them today "NOT INTERESTED" nor do I believe in their conspiracy. Of course have not heard back from them since last communication 4 days ago. People are just amazing and really do not see how they present themselves in a shading, yet conspicuous manner trying to take advantage of good people.

McfQueens......we received same invitation from these two scammers. Told them to take a hike.


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