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Original Message:
Donating our timeshare (by R P.):
rond168 wrote:Sorry...I didn't mean to start this flame. I'm just trying to find folks that have actually done business with a timeshare reseller that will give a positive comment. I can't even tell who the two parties in the flame are. It's nigh impossible to tell the scams from the honest businesses. You can't trust self promotion, and nobody will just state planely that they had a good or bad experience with a company. I have paid two companies to resell my timeshare weeks without success, so I'm leary. My criteria now is whether the reseller behaves like a real estate salesman, promoting a contract to sell for a fee at closing. The scams are so sophisticated with license #s (from unknown entities) and false promises that I'm completely confused. I think that some licensing is needed for the industry. Even the seemingly reputable RCI came across as a flim flam artist with its complex mumbo jumbo. The overly complex contract to try to sell, followed by a deed transfer after the sale seems contrived, and of course, the selling of the property is conveniently forgotten by many resellers once their up front money is collected.
Bottom line is to never ever pay any entity a large upfront fee or put money in an escrow account to supposedly sell or rid yourself of timeshare ownership .... they're all scams.
Legit real estate agents aren't allowed to take their fee upfront .... upfront fee resellers are merely selling advertising where they list your timeshare in a database no one will ever see BUT they have what they wanted in the first place ..... your large upfront fee.
This economy is the worst market in timeshare history. If your timeshare has no value (supply and demand of the resort where you own and time owned). The best you can do is give it away and offer to pay for closing. Redweek and Tug both have bargain basements where you can list your timeshare to give away.