Original Message:
Re: Misrepresentations in the timeshare world .... beware (by Eric B.):
You are correct, most companies don't take the time to learn their field or resorts, honestly I have played the seller role and called other companies to verify this. Some comapanies I agree are only looking for your credit card number. Thats why you research them before you invest. By saying every company is the same is rediculous. Also comparing a timeshare resale to a house resale is like comparing coconuts to walnuts.
Your average timeshare buyer is not picking up his newspaper (like someone looking to buy a house) and is not searching the yellow pages for timeshare companies (like people do to buy a house) they are going to a major search engines, type in a phrase and click on a couple of the top results. Do you think Real Estate agents is the only way to buy a house these days? Do you have issues with Isoldmyhouse.com charging for advertising if they "don't work for the money" or if you are looking to buy a used car and go to vehix.com, is it outragous for them to charge to advertise your car for sale there? How about other products, do you think Pepsi or Budweiser avertises on tv during peak viewing hours for free? They pay millions of dollars for those commercials cause they know you as a consumer will be watching and will buy their product. I am sure we could go round and round all day. Bottom line is people sell their timeshare everyday through our company and others simular to what we do. They must be wrong and idiots huh?
BTW I love redweek.com but not because it helped me sell my timeshare. I love it as a research tool to find property details. As for an effective selling tool I will have to disagree.
Quote:Eric: Sorry, but I have to agree with Jayjay. I don't know you, but you are on the wrong site, presenting basically a no-win arguement.I recently sold a house, which was listed with a local agent who also lists it on his website. I was not asked for any up front money or fees. The listing was accepted on a basic realtors contract, with the realtor being paid once the residence was sold. I am 99% sure that his "advertising and sales" expenses are much higher than your companys expenses. So how can he take no up front money, still sell my house and make some money. While the listing is active, he has to pay all advertising expenses, along with the salaries of his employees.
I receive 3-5 calls per week from Timeshare Resale companies, wanting to list my timeshares (and I live in a "no-call" state)! Most of them can not answer questions regarding their fees, nor their sales records, nor their knowledge of my resort. They tell me that they will answer all my questions AFTER I agree to let them list it Come on...there may be some dummies out there, but I am not one of them.
One resale company just recently told me what they believed they could sell one of my properties for, which was more than the property orginially sold for (new)!
As for Redweek, you pay a small fee to list your property. You know what you are paying and what you are paying for. You can also list it elsewhere. It is listed on a site know to potential buyers and you know that you are dealing direct with the owner/seller.
Again, Sorry, but you are fighting a battle you can't win. Instead of arguing with Jayjay, why don't you put your efforts into cleaning up your profession.
ps: and please don't call me. I will waste an hour of your time and will enjoy every minute.
pps: another trick, when the resale company calls you, tell them you are recording the call to make sure you get all of the info correct and then listen for the ...click.