Original Message:
Upfront fee resale companies are against the law in Florida .... report them ASAP (by Lance C.):
susieh25 wrote:There are companies that are charging fees and saying that they are not a "listing" company but a "marketing" company and therefore, the law does not apply to them. What do you say about those companies?? I've been told that the "retainer" fee that will be refunded goes for the title search and for other costs that they have to put out before we can get paid for our rentals.
"Marketing" is just another term for "listing" in this industry. They "market" your property by listing it on their website --- plain and simple.
The one company that burned me said they have a "guarantee" my property would sell in 90 days. I called them around 90 days later and asked what happens if it didn't sell. Her response: "Then we will continue to market it at our expense." Translation: "We will keep it posted on our website."