Selling Your Timeshare

American Resort Development Association Advises Precautionary Steps in Timeshare Resales Market. -- The American Resort Development Association (ARDA) released four advisories to help consumers and timeshare owners navigate through the secondary market, which includes timeshare resellers, internet advertisers and other resale companies, to ensure a safe and positive selling experience.

The advisories were developed to help dispel the growing misinformation and confusion in the secondary marketplace by providing specific tips on reviewing timeshare resale companies, their practices, costs and services in the marketplace.

Resales Advisory I: focuses on the types of timeshare resellers with four steps to guide consumers through the process: utlizing existing resources, understanding timeshare resale companies, choosing the best option, and following basic rules.

Resales Advisory II: provides tools to evaluate resale companies with a list of tips.

Resale Advisory III: ARDA learned of a new scheme involving timeshare resales that not only preys upon consumers but falsely cites ARDA as a reference. ARDA does not contract with, become involved with, authorize, or endorse any company’s resales activities.

Resale Advisory IV: ARDA advises consumers of the most recent resale precautions.

Resale Advisory V: ARDA has become aware of a deceptive solicitation practice, commonly referred to as transfer or repurchase solicitations, being used by some unethical transfer companies aimed at timeshare owners.