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Original Message:
Re: Condo-trader.com (by Michael B.):
Because of the skepticism alot of people have regarding this company and the many others like it, myself included, I would think the company would ask a few of their satisfied customers to act as a reference for them. I know about the privacy laws, but thanks for pointing out the obvious. I also know how timeshares work, but nice try trying to attract attention away from the facts.
How can the Florida Department of Agriculture allow these companies to keep ripping people off? I have to assume that enough people would file complaints against these companies.
As a result of recent law changes in July, I suspect many of these companies are breaking the law. Here's the excerpt I am referring to:
Section 721.20, subsection 9(a) states "Prior to listing or advertising a timeshare interest for resale, a resale service provider shall provide to the timeshare interest owner a description of any fees or costs relating to the advertising, listing, or sale of the timeshare interest that the timeshare interest owner, or any other person, must pay to the resale service provider or any third party, when such fees or costs are due, and the ratio or percentage of the number of listings of timeshare interests for sale versus the number of timeshare interests sold by the resale service provider for each of the previous 2 calendar years."
I know they won't want to reval those statistics. ;)
I think they have gotten this far because they don't guarantee a sale. The money back guarantees are only if the owner or another company sells the timeshare. No one has ever offered anything else. They continue advertising the timeshare for the customer. That's all they need to do based on the contracts I have seen.
Hopefully people will see the new law change and that will help shut down at least some of these scammers.