- 1 (469) 663 4706
- contact@mmorganassociates.net
Michael Morgan and Associates Scam Alert
It has come to Michael Morgan and Associates attention that individuals and entities with no affiliation to Michael Morgan and Associates, LLC have been contacting both SellMyTimeshareNow customers and members of the general public claiming that they are affiliated with mmorganassociates.com. If you feel that you have been the victim of a fraudulent company or individual posing as Michael Morgan and Associates or have been the victim of a Michael Morgan and Associates scam, please contact us immediately.
1 (469) 663 4706
Monday to Friday (09:00 am – 17:00 pm CST)
Timeshare Scams
A timeshare scam is, unfortunately, a common issue in today’s world. With over 8 million timeshare owners, you or someone you know may have fallen victim to timeshare fraud. If you own a timeshare, want to sell a timeshare, or are interested in buying timeshare, it is crucial that you are aware of the potential scams and fraudulent practices.
Despite the prevalence of timeshare fraud in both the primary and secondary markets, there are many legitimate timeshare resale companies. At mmorganassociates.com, we follow state and federal laws, and have the best interest of our clients at heart. However, before you engage financially with any company, be sure to do research to ensure that the company is honest and upstanding.
Responding to Timeshare Fraud
If you feel you have been the victim of timeshare fraud in any way, there are two primary courses of action that are available to you: contact the authorities or file a lawsuit. Responding to timeshare scams and fraud may be difficult, but it is also important. Be sure to have evidence of any claims you make, and provide any copies of any receipts, contracts, or agreements.
Michael Morgan and Associates has never been involved in a lawsuit due to fraudulent practices in the timeshare industry. With over a decade of experience in the buying and selling timeshare industry, Michael Morgan and Associates has a proven track record of trustworthiness and dedication to clients.
To verify our reputation, please contact your Attorney General’s office or reach out to our team today.
Types of Timeshare Scams
The team at mmorganassociates.com wants customers to feel confident with their timeshares and reputable timeshare companies. We will help you recognize timeshare scams and how to avoid them. Whether you’re an expert on timeshare resale or just starting out, we offer an honest resource for consumers.
Dozens of companies are charged with timeshare fraud every year; avoid the scams and learn what you can legitimately do with your timeshare. See below to learn how to protect yourself from fraudulent timeshare companies by remembering these important red flags.
Is Your Buyer Waiting?
Timeshare scam companies will often claim that they have “buyers waiting” to purchase your timeshare and then request funds to start the process. Unfortunately, this is one of the most common timeshare resale scams, and owners are left empty handed. Many owners will submit payment to these companies and never hear from them again.
Remember, if you do not have your timeshare advertised anywhere, it is likely that the person contacting you purchased your name from a timeshare list for fraudulent purposes. Additionally, as a seller, you should not have to pay for the closing costs unless you offered to do so when you advertised your property.
If you are uncertain about the person contacting you, hang up and call back on the company’s main line. Often these individuals pretend to be from legitimate companies, and this simple step can save you from a timeshare scam.
Cold Calling
If you receive an unsolicited call for timeshare resale services, this can be a red flag for timeshare fraud. We recommend that you only work with companies with which you initiated the contact.
Keep a list of the companies from which you have requested information or services, as well as the company’s primary phone number listed on its website. If you are uncertain that the person on the other end of the line is who they say they are, hang up and call back on the company’s main line to verify their identity.
Remember, Michael Morgan and Associates does not practice cold calling. As the most visible resale company in the industry, companies may try to use our name to get their foot in the door. If you believe you have been contacted by an individual or company pretending to be Williamson & Morgan, please report them to us immediately.
Untraceable Forms of Payment
Whether you are a buyer or a seller, NEVER submit an untraceable form of payment to a timeshare resale company or timeshare closing company.
Untraceable forms of payment include wire transfers, money orders, and money packs. If a company requests one of these types of payment, this is a red flag for timeshare fraud and you should walk away immediately.
The problem with untraceable payments is that they cannot be refunded even if you are the victim of a timeshare scam. Remember that legitimate companies will allow you to submit a payment with your credit card. Timeshare scammers may ask you to submit a payment to “sell ASAP” or connect you with a buyer. Do not do this. Always do your research. If you are uncertain, ask for a contract or terms in writing.
"Money Back Guarantees"
If your resale company offers a money back guarantee, be sure to read the fine print. Some companies may offer a refund on certain services, but not all. Other timeshare scammers have been known to offer a verbal guarantee, but never include it within the written contract. Additionally, no one can predict when your timeshare will sell, so be skeptical of guaranteed time frames for a sale.
Michael Morgan and Associates DOES offer a money back guarantee to our customers, a guarantee that IS in our terms of use and in our contracts.
We offer two guarantees. First, we will renew your advertisement every month until it sells or you remove it from our website, at no additional cost to you. Second, if you sell your timeshare through the services of any other timeshare resale advertising company, at or above your asking price advertised with us, before you sell it through us, we will fully refund the cost of our services (see our Written Guarantee in the subscription contract for more details).
Copyright 2017 © Michael Morgan and Associates – All Rights Reserved. This website, or any portion of content contained therein, may not be reproduced or used in any manner whatsoever without the express written permission of the Michael Morgan and Associates. Disclaimers: A number of references are made in this website to specific timeshare developers. All such references in context constitute our opinion with respect to the merits of a particular product or service offered by the developer so referenced. Previous success in a given case or cases does not guarantee favorable results in any other case or cases. This information is for guidance only. Nothing within this website constitutes legal advice.