Original Message:
Re: IBD-MARKETING . HAS ANYONE HEARD OF OR DEALT WITH THEM ? (by Jay K.):
jayjay wrote:I beg to differ with you as far as Real Estate Companies staying away from timeshare because they can’t charge an upfront fee. Most Realtors don't understand timeshare. So they stay away from it. They refer their business to people like me if they can. A lot of the Realtors don't understand that you don't have to pay an upfront fee because they get mailers from certain companies that pay them $50 so they can rip off the public with their upfront fee. Unfortunately we can't send them information because we can't handle the calls we get from Sellers that have been brunt by these parasites. On the other hand the people who work for the upfront fee companies don't need to know about timeshare. They just need to read their scripts and need to know how to close. This really works especially on poor people and people on social security that are not internet savvy. I am so happy that I can sleep at night. It is really up to the resorts to make sure their people are aware of the parasites but they don’t. Think about it. If they are a resort that is still selling it makes them look good when the parasites puts up listings for big dollars. Who cares that they never sell for those prices. Again the rule is the only time you should pay an upfront fee for selling your timeshare is NEVER. The only time you should pay an upfront fee for advertising your timeshare is when it is less than $50.00. The crime of the whole thing is when the advertising company is connected to a real estate company and I could give you names but…. They charge a hefty upfront fee and then don’t give the buyers names to the Owners they give it to the real estate company they are connected with and charge the Seller a hefty commission as well. It is called getting double screwed.toniw8 wrote:Understand that timeshare is not real estate! Timeshare is a luxury item, real estate is a necessity item. Timeshare is not easy to sell because simply you own nothing but a block of time with 51 other people. Real estate companies in general try to stay away from it. People walk into real-estate agency’s everyday to buy or rent a house to live.Legitimate real estate companies stay away from selling timeshares because they CANNOT LEGALLY CHARGE AN UPFRONT FEE like you scammers get away with by calling that fee an advertising fee, a listing fee, an appraisal fee or a marketing fee.
Timeshare resellers CANNOT obtain a real estate liciense UNLESS they charge a fee after they sell a timeshare and not before just like after they sell a house and not before.
Who in their right mind would pay an upfront fee to a real estate company to market their home? The answer is nobody would and the same law should be in place for timeshare upfront fee resell scammers.
That's why companies such as yours are becoming known as parasites, bottom feeders, scum and theives.