Original Message:
Re: UPFRONT FEE RESALE COMPANIES ILLEGAL IN FLORIDA ???? (by KC):
jayjay wrote:According to the latest AARP Bulletin publication in the Ask Our Experts advice section, upfront fee reale companies are illegal in the state of Florida. If this is so, then why hasn't the law intervened and shut down the hundreds of timeshare upfront fee resale companies in that state?Quote from AARP...."Or if you want to try to sell the property (timeshare), use only a timeshare broker who takes a commission after the property (timeshare) is sold. Some outfits want an upfront fee before listing the property, but that would be a big mistake (AND ILLEGAL IN FLORIDA) ........"
As much as I absolutely despise these upfront fee parasites (and that's exactly what they are), as long as they call their upfront fees "marketing and advertising costs" (and not commission) there is (unfortunately) nothing illegal about their existence or their operations, no matter what AARP has to say on the matter. What is illegal is selling real estate on commission without possessing a real estate license. The upfront fee parasites circumvent this requirement quite deftly, by never usuing or referring to the word "commission". Do I like this? No, I do not. Is it true and accurate? Yes, it is.