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Technically correct, but still misleading... (by James M.):

ken1193 wrote:

edwarda63 wrote:

He is trying to tell me that in the state of Florida it is against the law to take their fee out of the sales proceeds.

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As Phil has already correctly pointed out, these parasites do not actually have a real estate license. Accordingly, they cannot lawfully "broker" sales with commission taken from sale proceeds. So it's "against the law" only in the sense that they possess no real estate license --- and hence no lawful right to sell real estate on a commission basis without having said license.

These assorted upfront fee parasites are advertising agencies --- nothing more, nothing less. Think of them as a grossly overpriced classified ad. They make their money only one way --- by getting you to give them yours. They will NEVER sell your timeshare, they won't even bother to try (beyond posting an inflated price on an obscure in house web site which no informed prospective buyer will ever take seriously). Why would they even bother to try to sell your timeshare? There is not another penny in it for them after they have collected your *VOLUNTARILY* paid "advertising and marketing fee". Don't do it! It's just flat out throwing your money away.

If you voluntarily CHOOSE to give these parasites (or others like them) your money, you'll have no credible or legal basis upon which to later claim "I was scammed! I'm a victim!". In the words of Dr. Phil McGraw, admittedly applied slightly out of context, "There are no victims --- only volunteers!"

Thanks. I appreciate your insight here. Now. I need your suggestion. This Timeshare Marketing Pro will be sending me a Contract/Agreement to sign. Shall I just VOID it, and return it to them. Will that negate the upfront Visa number I had given them? They say I have seven days to decide to cancel.