Timeshare Resale Consumer Advisories ARDA-ROC : Timeshare Resales : Resales : Consumer Advisories

American Resort Development Association Advises Precautionary Steps in Timeshare Resales Market -- The American Resort Development Association (ARDA) released five 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.

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

Resales Advisory II: ARDA 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.

 

Timeshare Resale Consumer Advisories