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Original Message:
Global Resort Management (by KC):
timeshareo3 wrote:No, that statement is neither true nor accurate, with due respect....they have been in business 7 years now and they must be doing something right or I would expect they'd be shut down.
The ONE AND ONLY thing GRM is "doing right" is continually succeeding in getting unsuspecting, trusting (...but uninformed) people to voluntarily part with hard earned money in their desperation to sell off an unwanted timeshare. Collecting those "advertising and marketing" fees is really the one and only GRM goal --- and they are apparently achieving it. The ONLY reason GRM is still in business (and probably even thriving) with timeshare values having tanked since 2008 is that desperate people really (and understandably) "want to believe". You can't blame those desperate folks --- but we certainly CAN educate others to try to help vulnerable people avoid falling into the same expensive, ineffective pit of deceit and false hopes.
As far as GRM being "shut down", there is no reason for that to happen, since what GRM doing is not actually illegal. It may well be unethical and it's CERTAINLY completely ineffective in selling people's timeshares --- but it's not "illegal". GRM gets peoples' hopes up to (incorrectly, falsely) believe that GRM somehow has magical (...but never actually described in any detail) "advertising and marketing" methods which will somehow magically lead to selling a timeshare. BUT --- GRM makes NO claims of any kind that the timeshare will ever be sold, nor that they actually have any buyers. And alas, there is STILL that pesky, persistent statisticasl FACT, stated by GRM itself in their very own words, coming right back to haunt them;
"our sale percentage for the prior 2 year period is less than 1/10 of 1%".
Those above quoted words (stated and admitted ONLY because GRM is REQUIRED to do so to comply with Florida's 2009 open disclosure law) says much more about the "effectiveness" of this company (and all others like them) than ANYTHING I or anyone else could possibly hope to say to try to convince people to KEEP YOUR MONEY AND STAY AWAY from these parasites (...and from all of the other parasites like them).
There are no "victims" in these matters --- only unwise volunteers. DON'T VOLUNTEER!
...'Nuff said.