Buying, Renting, and Selling Timeshares

selling my timeshare

Can anyone tell me if they had any dealings with Jared Ryan Properties ? , they sound ok but i had dealings with so called timeshare selling companies and got ripped off $982.00!!!!!!!!!

Bill K.

billk163 wrote:
Can anyone tell me if they had any dealings with Jared Ryan Properties ? , they sound ok but i had dealings with so called timeshare selling companies and got ripped off $982.00!!!!!!!!!

The bottom line is...if they ask for upfront money or claim they have a buyer waiting, then run away. Upfront fee companies will say they need the money for advertising, but then all they do is list it on a website. There are several websites where you can list your unit for a small or no fee.

Mike N.

Never, ever pay any company an upfront fee in the hundreds of dollars to list your timeshare unless you have money to throw away, they're all scams. All they want is the upfront fee.

R P.

Last edited by jayjay on Mar 24, 2009 08:04 AM

Pleople be alert!!!! Sellmytimesharenow is a big scam. Sellmytimesharenow is ripped me off. They took my money and never did anything for me. this company will tell you that they will get big money for you, all they want is your money trust me. I called them many times and they dont do anything for you. It is not fair to pay for a service and not to get it. Please be alert, they will call you promising the world for you, but all they want is your money.

Juan G.

Thank you for your blog. They keep calling me 10 or 20 times a day. But I now know not to pay anything up front for anything. WThey promised me to rent mine for $200.oo for 3 months. They would rent it no guarantees. I am so tired of their lies. Did you report them to BBB or ATTORNEY GENERAL?

John K.

I believe that the above post from Juang47 is actually Mr. Juan Guzman and, therefore, would like to clarify your situation with our company.

Mr. Guzman, you elected to advertise your property with us for rent as well as for sale, in each case electing to use the assistance of our staff to field offers on your behalf. We did receive offers to buy your Wyndham points. However, those people placing the offers required the transfer of your VIP status in order to consummate the deal and VIP status does not transfer on the resale market. Therefore, these were not qualified offers that the agent could bring to your attention.

Regarding your rental ad, your points are indeed valuable on the rental market. However, your requested price of $500 would not allow you to rent the required amount of points to satisfy the offers that have come in regarding your ad. For our rental department to qualify the rental offers that have come in from your ad, we would need to adjust your asking price in order to match the offers that we have received for your points.

We understand that this can be a tedious process at times. But the most important thing is that we are able to get you money for your timeshare. After all, one rental of your points would bring you enough money to essentially pay for the cost of your ad, thereby allowing you to continue advertising your property for sale or for rent, at virtually no cost, on our website. Your case has been referred to the Manager of our Rental Department, Lucas Lanigan, who will make sure you are contacted in order to satisfy your rental requirements. On the brokerage side, our Sales Manager, Frank Laroche, will be contacting you to discuss how we can best position your ad to prospective buyers. Again, we apologize if we have not met your expectations to date and please feel free to contact us toll-free at 1-877-815-4227 if you have any questions.

Sincerely, Steve Luba Director of Communications SellMyTimeshareNow, LLC

Steve L.

juang47 wrote:
Pleople be alert!!!! Sellmytimesharenow is a big scam. Sellmytimesharenow is ripped me off. They took my money and never did anything for me. this company will tell you that they will get big money for you, all they want is your money trust me. I called them many times and they dont do anything for you. It is not fair to pay for a service and not to get it. Please be alert, they will call you promising the world for you, but all they want is your money.

Never, ever pay any company an upfront fee in the hundreds of dollars to list your timeshare unless you have money to throw away, they're all scams. All they want is the upfront fee.

R P.

WHERE DO I GO TO LIST MY UNIT FOR SALE FOR FREE ? I HAVE A 2 BEDROOM IN SEDONA AND NEED TO SELL FOR SCHOOL MONEY. LET ME KNOW THANKS.

Roe Len

Last edited by marty8084 on Apr 20, 2009 09:29 PM

I see repeated posts to never pay anyone up front to get your timeshare listed for rent or for sale. The fact of life is that in almost ANY case you will have to pay up front. Even on RedWeek you have to pay up front to get a listing.

It is my understanding that the only way you can get a timeshare FOR SALE listing established without an up front fee is when using a licensed real estate agent / broker. Maybe there's a loophole if the timeshare is not deeded property but state laws require agents/companies to represent owners of real property (deeded property as far as I understand) when the property is sold. There are a few exceptions, such as use of a power of attorney, for sale by owner (you must be the deeded owner already), and maybe timeshares which are not deeded.

Shouldn't the thing to say then be "Never Pay too much to list" or "Beware of paying an upfront fee when the representative is assuring you they have a buyer willing to pay more than the unit is worth" or some similar phrase? But it is incorrect to say "never pay an upfront fee".

I'm a little more inclined to agree about never paying an upfront fee when offering my unit to rent. But the fact of the matter is a number of companies are only in the business of providing For Rent By Owner services. RedWeek, VRBO and SellMytimeshareNow are three excelent examples. You have to pay up front. You receive specific services for your money. People/customers come to these sites to offer money to rent from owners.

After that, it's all about making certain the company who wants your money can provide realistic evidence they can attract customers to contact you. so whae we should be saying is "Never pay anyone up front if they can't provide concrete infomation about how they will attract customers for you".

Beck

There are a few free sites, Craigslist.org is the best!

Beck

joh46 wrote:
Who do you suggest for getting rid of timeshare? Have you heard of Transfer Smart?

If they ask for an upfront fee in the hundreds/thousands of dollars then they're a scam .... people pay Redweek a minimal fee to list they're timeshare for rent or sell on this site. They are in no way an upfront fee ripoff company .... they do not make cold calls telling all sorts of lies .... people post ads here of their own free will.

R P.

joh46 wrote:
Who do you suggest for getting rid of timeshare? Have you heard of Transfer Smart?

This is the very worst time to be trying to sell a timeshare .... depending on the supply and demand of where/week you own .... you can offer to give it away and you pay the transfer costs if you're desperate, however many weeks can't even be given away.

R P.

joh46 wrote:
Who do you suggest for getting rid of timeshare? Have you heard of Transfer Smart?

Whenever someone asks a question like this, it turns out to be an advertisement for that company. As such, I caution anyone to be very careful when looking up the subject company.

Beck