Protect Yourself from Phone Scams: The Timeshare Trap

Phone scams have become increasingly prevalent in today’s digital age, and one particular category of scams that has gained notoriety is timeshare scams. These scams prey on unsuspecting individuals looking for vacation opportunities and can result in significant financial losses and emotional distress. In this article, we will explore what timeshare scams are, how they work, and most importantly, how you can protect yourself from falling victim to these fraudulent schemes.

What Are Timeshares?

Before delving into the scams, let’s first understand what timeshares are. A timeshare is a property ownership arrangement where multiple individuals share the right to use a property, usually a vacation resort, for a specified period, typically one or two weeks a year. People invest in timeshares to enjoy regular vacations without the hassle of owning and maintaining a property year-round. While legitimate timeshare ownership can be a convenient way to vacation, scammers exploit this concept to trick people out of their money.

How Timeshare Scams Work

Timeshare scams often begin with a phone call from someone claiming to represent a legitimate timeshare company. These scammers use a variety of tactics to convince victims to part with their money. Here’s how some of the common timeshare scams work:

High-pressure sales tactics:

Scammers employ aggressive sales techniques, such as offering a “limited-time offer” or pressuring victims to make a quick decision without conducting thorough research.

Fake resale or rental offers:

Scammers promise to help victims sell their timeshare at a high price or rent it out to generate income. They may charge upfront fees for these services but never deliver on their promises.

Phony upgrades and additional fees:

Scammers pose as timeshare representatives and claim that the victim’s existing timeshare requires costly upgrades or maintenance. They insist on immediate payments for these supposed services.

Bogus cancellation services: Fraudulent companies promise to help victims cancel their existing timeshare contracts, charging hefty fees for services that are never rendered.

Protecting Yourself from Timeshare Scams

Now that you know how timeshare scams operate, here are some essential tips to protect yourself from falling victim to these fraudulent schemes:

Verify the legitimacy of the company:

Before engaging with any timeshare company, research them thoroughly. Check for online reviews, ratings, and complaints on websites like the Better Business Bureau. Legitimate companies should have a positive track record.

Don’t be rushed into decisions:

Be cautious of high-pressure sales tactics that demand an immediate decision. Take your time to think things through and do your due diligence.

Avoid upfront fees:

Legitimate timeshare companies should not ask for upfront fees to sell, rent, or upgrade your timeshare. Be wary of any requests for payments before services are provided.

Request written documentation:

Ask for all agreements and promises in writing. Read contracts carefully, and don’t sign anything until you fully understand the terms and conditions.

Consult with a legal expert:

If you have doubts or concerns about a timeshare offer or contract, consider seeking advice from a qualified attorney or financial advisor who specializes in timeshare matters.

Report suspected scams:

If you encounter a suspicious timeshare offer or become a victim of a scam, report it to the Federal Trade Commission (FTC) and your local consumer protection agency. This helps authorities track and combat fraudulent activities.


Timeshare scams are a persistent threat to individuals seeking vacation opportunities and property ownership. By staying informed about these scams and following the tips mentioned above, you can protect yourself from falling victim to fraudulent timeshare schemes. Remember that a legitimate timeshare opportunity should be transparent, fair, and free from high-pressure tactics, ensuring that you can enjoy your vacations without any financial pitfalls.