Original Message:
Re: Misrepresentations in the timeshare world .... beware (by Eric B.):
jayjay wrote:Okay, I'll bite. Why don't you tell us why any company would charge an upfront fee to simply list a timeshare in a computer base? Why don't they charge the fee after they do the real work to sell the timeshare? This is the RIGHT and ETHICAL thing to do.Have you not read all the horror stories here about upfront fee resale companies? Please take the time to do so.
I have read the horror stories but more importantly I have talked to people EVERY day for almost 3 years that have been ripped off by these companies with worse horror stories. Honestly I do have sympathy for them; on the same note if these people did proper research on the company and their business practices (search engine rankings, offer stats, etc.) instead of just trusting a salesman's words over the phone, they could have saved themselves Thousands of dollars between ad expenses and unnecessary maintenance fee's.
So here is the challenge, you are saying that you want a company to promote it's website so buyers can find it BUT you don't want to pay for it until the property is sold. So your stuck in a catch 22, how can a company achieve top search engine results, pay it's employees and operation costs without having any revenue to do it with?
Now say by some miracle you achieve that, now how are you going to retrieve the money in a commission basis if we are not handling ANY of the negotiations or the closing process? (BTW only a licensed real estate broker can legally charge a commission usually those commissions range between 20% to 40% due to the low value of a timeshare)
Believe me if it was possible to charge a commission we would, every client I have dealt with in the past asks the same questions you did. But like anything else in life you have to do your homework to get the results you are looking for. When you sign on the dotted line to buy that timeshare you are making a life long commitment to that property. What I am saying is the best tool to sell it is marketing and it is very affordable in comparision to the alternative of life long maintenance fee's!