These types of rental marketing scams cold call timeshare owners and promise they have secured current and future rentals to corporations who need employee housing. Consumers are promised higher than market rental prices, but are required to pay some type of advance or upfront fee. The fee is explained as either a commission or advertising fee. Once consumers pay this fee, no rentals actually occur.
As a rule of thumb, timeshare owners should always understand that any type of cold call about a timeshare sale or rental is most often simply a scam. Telemarketing groups or boiler room call centers will often purchase a large list of contact information for timeshare owners. They then target these owners with promises of already secured buyers or renters for unwanted timeshares. Consumers pay large upfront fees, only to find that the promised transactions never occur they are unable to obtain a refund of the advance fee.
Timeshare owners who want to rent an unused timeshare week may be better served contacting a licensed real estate broker who does not require ANY type of upfront fee. Many resorts and timeshare management companies also offer their own in-house rental programs- which may provide a much safer environment for consumers.
As always, if you are a timeshare owner and believe that you have been the victim of some type of consumer fraud or timeshare related scam- please take the time to report the crime to your state's Attorney General as well as the Attorney General of the staet