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Original Message:

Re: IBD-MARKETING . HAS ANYONE HEARD OF OR DEALT WITH THEM ? (by Sun or Snow T.):

gailt37 wrote:
We are interested in selling our timeshare with sunterra resort. I have been contacted by IBD-Marketing and they tell me I can get $21,000 for my timeshare but I have to pay upfront $882 to market it and for a title search. Is the legitament. I don't have money to loose so the $882 is a lot to come up with. I am selling my timeshare due to financial problems so that is why the upfront fee is a lot of money to come up with. They make a great pitch but I would be interested in hearing honest and true information about the company, their reliability. I want to deal with a company that is honest and will do what they say. I don't expect them to do this for free but I was shocked at the amount they wanted. Thanks for any info you can provide.

No. Your timeshare is not worth that much. I know you paid a lot for it, but timeshares are worse than cars when it comes to depreciation. You can get a good idea what your timeshare is really worth by looking at ebay timeshares for sale. eBay has lots of Sunterra listings for sale and they go for pennies on the dollar that you paid.

I always hate to be the bearer of bad news, but these upfront fee companies like to tell people what they want to hear. They say your timeshare is worth more than it is because then you will think they can get a buyer, and sell it better than you, but in reality, even if someone contacted them about your listing, they have no reason to hook you up with the buyer. They already made their money.

These guys are the scummiest, too. The owner of the site keeps posting here, talking up his company. You should never, ever pay an upfront fee to sell your timeshare. Redweek charges just $50, and at least you have a chance of selling it.

I must also advise you that the best thing for you to do with your timeshare is use it or rent out your weeks until you can use the time yourself. Timeshare is practically valueless, even the system that you bought. Sunterra is a great system, don't get me wrong, but the value is in using what you paid for, not in reselling.