Overview of Timeshares By Owner
Timeshares By Owner is a company that has been operating in the timeshare rental and resale market for over 25 years. Based in Orlando, Florida, the company claims to be the leading service in the nation for timeshare owners to rent out or sell their timeshares.
The company's main services include:
Helping timeshare owners rent out their properties through national advertising and their own marketing channels
Assisting timeshare owners in selling their properties, though they do not act as a broker so owners do not pay commissions
Providing an extensive database for buyers and renters to find timeshare vacation properties
Offering a concierge department to guide clients through the rental or sales process
Timeshares By Owner states that they generate over $12 million in transmitted offers on a monthly basis, resulting in successful rental and sales transactions. They market timeshares through various channels including print ads, digital marketing, trade shows, and their own podcast.
Customer Reviews and Complaints
However, Timeshares By Owner has received mixed reviews from customers. While the company claims to have a good track record of success, some customers have reported negative experiences:
Customers have complained about not receiving any successful offers to rent or sell their timeshares, despite the company's claims of high monthly offer volumes.
There have been reports of aggressive sales tactics, with agents pressuring customers to pay upfront fees or accept low offers.
Some customers have stated that they were unable to get refunds after cancelling contracts within the allotted time period.
The Better Business Bureau gives Timeshares By Owner a rating of B, with 73 complaints filed against the company over the past 3 years. Consumers have also left critical reviews on sites like Consumer Affairs, citing a lack of success in renting or selling their timeshares through the company.
Advice for Timeshare Owners
The Federal Trade Commission advises timeshare owners to be cautious when dealing with companies that claim they can quickly sell or rent out timeshares. They recommend thoroughly researching any timeshare resale or rental company before paying any upfront fees, and to contact the timeshare developer or resort management directly about potential exit options.
Consumers should also be wary of any guarantees or promises of quick sales or high returns, as the timeshare resale market is often oversaturated and difficult to navigate. It's important to get all terms and conditions in writing before entering into any agreement with a timeshare resale or rental company.
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