Yesterday, a television station in Portland Oregon ran a story about an older
couple who had been "taken" for nearly $1,000 in their efforts to sell
timeshare. In the interview they said "We can't really tell if they're crooks or
not. They don't have a license. We were told by the one outfit they're a good
outfit to work through. What do you do? You just go with it".
I guess there was the first red flag: they weren't
licensed. When a timeshare owner decides to sell their timeshare,
using a broker with a license will give you some assurance that there is some
control, ethics, training, and regulation. An unsolicited inbound call (cold
call) to your home from someone you don't know is never a good way to start a
business relationship. These companies will often use very shady tactics, have
no physical address, hold no license to do business in any state, and so on.
Stroman Realty, Inc recently published a comprehensive guide for timeshare
owners on how to identify and avoid timeshare resales fraud and scams. Stroman
Realty has been in the business nearly 28 years in the same location, holding
the same broker's license, has the same management, and many of the same sales
agents for many many years. Take the time to read the personal letter
from Wayne Stroman, President and CEO. Mr.
Stroman's credentials cannot be matched by anyone in the world when it comes
to the timeshare resales industry. For example, Wayne Stroman currently sits on
the Board of Directors for the Texas
Association of REALTORS® (TAR) (2000-2009); the Board of Directors for the
Houston Association of REALTORS® (HAR)
(1999-2001 and 2007-2008); and HAR Secretary Treasurer 2008. In addition, Mr.
Stroman is active with the Houston REALTOR®
Information Service, Inc. (HRIS) and served on their Board of Directors
(2002-2006). He was the HRIS Secretary-Treasurer (2002) and Vice Chairman
(2003). He also sits on the Board of Directors for the National Association of
REALTORS® (NAR) (2003 & 2008). He was Chairman of the HAR International
Council (2005 & 2006) and the HAR Technology Task Force for 2005. He was
past Chairman of the HAR MLS Advisory Group (2003); and past Chairman of the HAR
Statistical Information Subcommittee (1997). He also served on the MLS Advisory
Group Committee (1990-94 & 1997-present); and the Y2K Task Force
Check it out and see for yourself.