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Re: Buying timeshares (even resale) (by R P.):

eric, we already know that you work for an upfront fee resale company that quotes on their website that they do not charge an upfront fee, but when a prospective client talks to you, you tell them you do charge an upfront marketing fee in the hundreds (false advertising on your website since any upfront fee is one and the same).

People are begging for a reputable company to sell their timeshares and for that company to take any fees after they sell, not before.

There is huge money to be made in such a reputable company, but the agents would have to work to earn their commission, unlike upfront fee resale companies who take your money, list your timeshare in a computer database and wait for someone to come along that might be interested.

megy, there are a couple of companies that I have found on the internet that do not charge an upfront fee, but they do charge a flat commission of $1500 if they sell or 15% of the selling price if over 10K. I have them listed under the thread 'no upfront fee resale companies' here in the buying, renting and selling forum.

eric572 wrote:

Sadly the Resort wants you to keep your timeshare. The resort will continue to make you pay your maintenance fees for the rest of your life. The longer you keep the timeshare the more money that is being bled from your pocket. And BTW those fees DON'T decrease but increase over time. If Redweek doesn't bring a buyer you will still have to pay them for membership and listing fees as well (I know the cost is minimal but it's still a waste if you don't get results). Think what you want about other services, but like any consumer you should do your homework on a company instead of using other peoples bias opinions on that company (facts speak louder than opinions or words).

Here is recommended research you should do before investing time or money with any company

1. Check their reputation (BBB, if company is online, alexa.com) 2. If they work online check their traffic and offer records. 3. Review all details to the agreement VERY carefully 4. Spend time on search engines acting like a buyer and take note of companies that consistently rank at the top of natural results (80% of people use top ranked Nat. results and if the company is easily found buyers are most likely going to be shopping there)

It also doesn't hurt to keep utilizing the free and cheap websites (Redweek, Myresort network, tug, etc.) while working with a professional organization (if you chose that route).

Quote:

megy, please be aware that the poster above BOUGHT their timeshare from a resale company, she was not SELLING her timeshare.

Last but not least, if someone bought a timeshare from an "upfront website" it means the person that listed on that site got their timeshare sold!

I know Jayjay will have something to say; but I miss the debate and bashing :D