Manhattan Club

Post reply

Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Original Message:

Re: Manhattan Club (by Brandon B.):

jayjay wrote:
Please be aware of the following pulled from BBB.gov upon searching for Premium Timeshare Depot, LLC: (http://centralflorida.app.bbb.org/newsearch2.asp?ComID=073300175003582) the State of Florida - the collection of advanced listing fees from Florida residents, regardless of the location of the property, and owners of Florida timeshares is prohibited. Section 721.20(6), Florida Statutes, prohibits the collection of any advance fee for the listing of any timeshare estate or timeshare license, and requires that any seller of a timeshare plan be a licensed real estate broker, broker associate or sales associate as defined in Section 475.01, Florida Statutes."

If that's the case, then why haven't all upfront fee companies in Florida, that are still in operation and are rampant across that state, been arrested and jailed if what they are continuing to do what is against the law? How are they continuing to get away with their scams?

Allow me to clear things up for a few confused people. The statute states that no advance listing fee can be taken by any licensed realtor or broker...Which is a total catch 22 since you won't find any realtors or brokers that will deal with your TS rental or resale outside of the brokers at the resort themselves which only offer a back assward rental program where you make the booking first and they try to fill it. Usually ends in you losing your week or points, or at best collecting a small $ amount. What you will find out there is alot of marketing companies as well as a few brokers or realtors with there own websites who will MARKET not LIST your timeshare. Of course there is alot of different ways to market your property. The majority out there are internet marketing companies that strictly use the internet and charge you an upfront listing fee, take your money and literally throw you on a list longer then you can see and you will never hear from them.Very few sales are completed this way, look at Timeshares Only the largest internet listing comp in the BIZ and they have propertys for $1 that are still sitting. Therefore causing alot of disgruntled people saying that they got "ripped off" when really ther were confused thinking they were listing the property on say the MLS like you would normally do when wanting to sell real estate, the thing most people forget is this is a fractional piece of deeded real estate and you only own the week or a certain amount of points. For those that are educated in the biz know there is alot of red tape and grey areas. When looking for a company to deal with your timeshare be sure of two things: they market face to face (the same way it was done the day you bought and to the right faces someone who can afford. Most importantly make sure they can prove where they present your property by verifying said memberships. Companies that belong to ARDA (as red week does) and have multiple other memberships or resources to move your property are going to have a better chance of doing so for rental or resale. Thanks for your time whoever reads this.