Consumers who are skeptical of the offer are told that the "company" has been hired by high powered investors who are acquiring timeshare properties. They are also referred to Dun & Bradstreet as a business reference.
Consumers who have paid this upfront fee have then reported that the promised sale does not occur, and the promised refund is never given.
It is very important for consumers to understand that timeshare properties do not appreciate like traditional real estate. They more closely resemble automobiles and boats, in that the developer price is hugely inflated because of developer marketing costs and salesperson commissions. It is not unusual for the expected resale value of a timeshare property to be from 50% to 95% lower than the consumer's original purchase price.
Upfront fees are the most common timeshare resale scam reported to consumer protection agencies. You should never pay any type of upfront fee to sell or rent an unwanted timeshare.
Timeshare Investors of America has been given an F rating by the Better Business Bureau.