Morris Man Pays $1,600 To Reseller In November, But Timeshare Unsold

Looking to unload your timeshare? Beware of resellers. (KRT)

Scammers have found steady revenue by telling prospective timeshare sellers they’ve found a buyer. All it takes, of course, is an upfront fee to connect seller with buyer and close the deal. So the seller pays the fees, up to $2,000, only to find out there’s no buyer.

The Federal Trade Commission received more than 5,000 timeshare-resale complaints last year, an alarming increase from slightly more than 800 in 2009. Lincoln Bertaccini of Morris began to wonder if he, too, might have been a victim after being contacted last November by a Universal Timeshare representative.
Bertaccini, desperate to sell a timeshare at Wyndham Bonnet Creek in Orlando, Fla., agreed to pay $1,600 in commission fees after being told a buyer was willing to purchase it for $26,000 to $28,000.

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