sELLING MY TIMESHARE

adahiscout wrote:
That last paragraph was uncalledfor, jayjay. Watch it or I won't adopt you. MD

LOLOLOL BTW, I edited out the last sentence, however shills have been known to come here and post, but I don't believe matt to be a shill.

R P.

Last edited by jayjay on Aug 01, 2007 06:50 AM

dave1108 wrote:
250.00 charge

I am willing to pay 250.00 please give me the information on how to reach JRA. I have got to get rid of my timeshare. I never use it and it's costing me too much.

Joyce E.

I too would be interested in JRA services info. Thanks,

Sarah

Sarah C.

It looks like JRA services is just a closing company; they don't actually sell thetimeshare for you. JRA Services has a link on their website for www.fastselltimeshare.com...anyone heard of them? They aren't listed on bbb's website so I'm leery to use them.

Sarah C.

That is probably an upfront fee company. Sell the week yourself here on Redweek or on My Resort Network.

Use Timeshare Transfer as a closing company or First American Title, which is an advertiser here on Redweek.

Sun or Snow T.

Best to try and sell yourself or if you have a realtor in your resort area that sells for commission you can use them but understand they charge much more if they sell your unit. Now days their fee probably more than you can sell for. Never use a pay upfront company because only thing you will get rid of is your upfront money!

If you own a unit that is lower tier and considered worthless then try listing it free on some site like Tug. You might even have to pickup expenses and possibly add cash if it is really not a good resort or area.

PHILL12

Phil L.

Last edited by phill12 on Jan 11, 2011 11:57 AM

phill12 wrote:
cynthia281 wrote:
That is probably an upfront fee company. Sell the week yourself here on Redweek or on My Resort Network.
Use Timeshare Transfer as a closing company or First American Title, which is an advertiser here on Redweek.
Cindy, am I missing something here?
After all the warnings from many of us on here about not using up front companies are all these sites to the right of these post not up-front companies!
PHILL12

Which sites to the right?

Jay K.

timesharejudi wrote:
phill12 wrote:
cynthia281 wrote:
That is probably an upfront fee company. Sell the week yourself here on Redweek or on My Resort Network.
Use Timeshare Transfer as a closing company or First American Title, which is an advertiser here on Redweek.
Cindy, am I missing something here?
After all the warnings from many of us on here about not using up front companies are all these sites to the right of these post not up-front companies!
PHILL12
Which sites to the right?

Tug also has commercial ads from companies that charge upfront fees (re: Ed McMahon's advertised company), however Tug member mantra is to never pay an upfront fee to any company to sell your timeshare, however Redweek nor Tug can police every commercial advertiser on their site.

R P.

Last edited by jayjay on Aug 13, 2007 06:22 AM

We are never going to convinence people that upfront fees are a sham. When one of the companies tells you that your TS is worth three or four times it's actual worth and that they have a buyer standing by, a large percentage of "sellers" are going to bite.

If "sellers" would simply price their units at their true value, they would most likely sell them. But that's not our nature. If "sellers" (at least those who read Redweek) haven't figured that out by now, there's little hope for them.

It would appear that at least one of the problems is that "sellers" don't understand "upfront" fees. All of the sites try to sell them on the idea that the $1,000 they request is for "marketing/advertising". As a "people" we are simply too gullible!!

Jon S.

jons29 wrote:
We are never going to convinence people that upfront fees are a sham. When one of the companies tells you that your TS is worth three or four times it's actual worth and that they have a buyer standing by, a large percentage of "sellers" are going to bite.
If "sellers" would simply price their units at their true value, they would most likely sell them. But that's not our nature. If "sellers" (at least those who read Redweek) haven't figured that out by now, there's little hope for them.
It would appear that at least one of the problems is that "sellers" don't understand "upfront" fees. All of the sites try to sell them on the idea that the $1,000 they request is for "marketing/advertising". As a "people" we are simply too gullible!!

That's why it's so important to research, research, research ALL RESALE sites to see what comparable weeks have sold for.

And it's forums like these at Redweek that are trying to educate the public on all scams involving timeshares including upfront fee resale companies. True, there are those people that will not research the subject and will fall for anything told them by a reseller.

It doesn't matter if the upfront fee is called a marketing fee, advertising fee, selling fee or whatever kind of fee ... NEVER PAY AN UPFRONT FEE TO A TIMESHARE COMPANY TO SELL YOUR TIMESHARE. And do not believe what an upfront fee reseller will tell you your timeshare is worth ..... it's all baloney as they will tell you some extravagant price.

The word has gotten out to those who peruse Redweek and other timeshare forums concerning upfront fee resale companies, and if we have helped only 10 people then it's all worth our time and effort.

R P.

Cindy,am I missing something here?

After all the warnings from many of us on here about not using upfront companies aren't all these ads from companies to the side of our post upfront companies?

Redweek makes money from us to be members and as we warn others they make more money by renting ad space to the upfront companies we are warning timeshare people about!

Talk about double stardard, Redweek really trying to make a buck!

Phil L.

Last edited by phill12 on Aug 24, 2008 05:37 PM

phill12 wrote:
timesharejudi wrote:
phill12 wrote:
cynthia281 wrote:
That is probably an upfront fee company. Sell the week yourself here on Redweek or on My Resort Network.
Use Timeshare Transfer as a closing company or First American Title, which is an advertiser here on Redweek.
Cindy, am I missing something here?
After all the warnings from many of us on here about not using up front companies are all these sites to the right of these post not up-front companies!
PHILL12
Which sites to the right?
Check to your right facing your screen There are different ads but you soon will see the ADS BY GOOGLE.
Next to different topics are different ads! One list that shows the ads of selling your timeshare with no commissions charged,these are up front companies!
I may be wrong and won't be the first time or last but I would think Redweek gets paid to run these ads on this site!
If so that is like the bank hiring and training security then selling the crooks the map to the money!
Like I always say all this is about a company making money and all this talk of these fees for safety is total bull!
We can warn everyone about these companies but if it makes money these sites will sell them space!

I am assuming that on my screen the sites are on top since nothing is to the right. If so I think it is really wrong if Redweek allows these scammers to advertise on their site.

Jay K.

What makes anyone think that Redweek is a consumer magazine? This forum is a part of Redweek.. (hopefully to the owner to make lots of money) that was probably started with the hope to give people advice on how Redweek could work to help people sell or rent a timeshare ( or even an apartment).

They probably don't even know what many of the ads are when google searches them and puts them on the screen.

All we are supposed to do in the manner of trust, is to hope Redweek helps rent or sell by a sell and buyer who are honest. The buyer wants the lowest price or rental....the seller wants as much as possible.

Adding ads to this site simply helps pay for the usage of this BBS. Marty gets ot moderate....between other things, and what ever negatives or positives we might think of companies advertising, it should (in the case of Redweeks BBS) have an influence on how this company is run...which is to help people buy rent & sell the subject product. (Redweek is not a public service)

Now....if a product suggests to help people LEARN about timeshare or another product, and claims to be un biased....maybe then the ads may need to be modifier or even not allowed by the company.

The ads currently in a magazine that says it helps T/S owners has for several issues put in ads that lead to a big post card company. The editor explained that he had gone to a meeting and felt it was OK. But the wording in the ad does not say YOU will pay them $3500 to take the unit from you (which they say is worthless) and resell it on e bay for $1.00 or up. To me. when this magazine sub runs out, I will no longer get it. It can't be trusted (IMO) as a public service....only as a need to sell more space to anyone for the dough!

Can you believe that WCBS-AM (NYC) ( which we also don't listen to anymore) sell ad time to the biggest group of upfront T/S try to seller ( Sellers..thats a laugh) out of Orlando.

What...the group has realtors in it? How can that be, when Florida Law forbids a realtor to take an upfront fee? Well ask them? I'm not the AG.

And who even listens to the quacks that advertise under the guise of a radio program. Give it time....they will be on the sat. service soon, too...pay for radio service for an infomercial disguised as a radio show.

(Radio was once a right to use for the public service....as is broadcast TV.

But Redweek isn't. Just keep thinking...Redweek needs to make a profit on what it says it is supposed to do. The BBS Redweek supplies is an extra.

There are other t/s bbs services that do not allow ads on their BBS pages...spam is immediately deleted, an innocent question on selling my unit with too much info will also get a delete. But...on the other pages of the sites, there will be ads....and some may be similiar to what you see here.

Kenneth K.

kekouri wrote:
What makes anyone think that Redweek is a consumer magazine? This forum is a part of Redweek.. (hopefully to the owner to make lots of money) that was probably started with the hope to give people advice on how Redweek could work to help people sell or rent a timeshare ( or even an apartment).
They probably don't even know what many of the ads are when google searches them and puts them on the screen.
All we are supposed to do in the manner of trust, is to hope Redweek helps rent or sell by a sell and buyer who are honest. The buyer wants the lowest price or rental....the seller wants as much as possible.
Adding ads to this site simply helps pay for the usage of this BBS. Marty gets ot moderate....between other things, and what ever negatives or positives we might think of companies advertising, it should (in the case of Redweeks BBS) have an influence on how this company is run...which is to help people buy rent & sell the subject product. (Redweek is not a public service)
Now....if a product suggests to help people LEARN about timeshare or another product, and claims to be un biased....maybe then the ads may need to be modifier or even not allowed by the company.
The ads currently in a magazine that says it helps T/S owners has for several issues put in ads that lead to a big post card company. The editor explained that he had gone to a meeting and felt it was OK. But the wording in the ad does not say YOU will pay them $3500 to take the unit from you (which they say is worthless) and resell it on e bay for $1.00 or up. To me. when this magazine sub runs out, I will no longer get it. It can't be trusted (IMO) as a public service....only as a need to sell more space to anyone for the dough!
Can you believe that WCBS-AM (NYC) ( which we also don't listen to anymore) sell ad time to the biggest group of upfront T/S try to seller ( Sellers..thats a laugh) out of Orlando.
What...the group has realtors in it? How can that be, when Florida Law forbids a realtor to take an upfront fee? Well ask them? I'm not the AG.
And who even listens to the quacks that advertise under the guise of a radio program. Give it time....they will be on the sat. service soon, too...pay for radio service for an infomercial disguised as a radio show.
(Radio was once a right to use for the public service....as is broadcast TV.
But Redweek isn't. Just keep thinking...Redweek needs to make a profit on what it says it is supposed to do. The BBS Redweek supplies is an extra.
There are other t/s bbs services that do not allow ads on their BBS pages...spam is immediately deleted, an innocent question on selling my unit with too much info will also get a delete. But...on the other pages of the sites, there will be ads....and some may be similiar to what you see here.

Exactly, I couldn't have said it better kekouri. Redweek (the company) does not voice their opinion one way or the other on whether to use upfront fee resale companies .... that's not their job .... they are a timeshare classified ad, exchange and forum site and commercial ads help pay the bills. It's not Redweek's job to police commercial ads, just as it isn't Ebay's.

Tug, however, WAS started BY a timeshare owner supposedly FOR the benefit of ALL timeshare owners and is supposedly a non-profit site (but has become a profit making site), so Tug should be more conscious of commercial upfront fee resale advertisers that their membership does not condone (ex: Ed McMahon's upfront fee resale company ad on Tug).

On the other hand, Redweek was started purely as a business enterprise.

It's Redweek members that post in the forums that they do not condone upfront fee resale companies (they are a rip-off), it's not a Redweek (company) policy.

R P.

Last edited by jayjay on Aug 13, 2007 02:23 PM

bentleyh wrote:
judy1197 wrote:
does anyone know a good closing company that won't charge too much if I sell my timeshare? I am trying to price my timeshare low enough to sell but a low closing price would also help.
A- Avoid Century 21 TRI Timeshare. Charges up front. No action. Entered into an Auction - paid up front no action. sold @ 1/10 cost and they had the nerve to contact me a year later and asked me to pay an additional maint./ fee that was assessed after the sale.

====== Do you mean you sold direct in the end and the buyer wanted you to pay the MF? Did he not know about MFs? Unfortunately, resale buyers don't get that lovely half day or more lecture from the resort's own sales force to explain all this stuff. It's mind bending, but it IS useful. MD

Mary D.

TUG negativity! Sounds like you have issues with the group and it's my guess that you have been excluded from the site.

jayjay wrote:
... Tug, however, WAS started BY a timeshare owner supposedly FOR the benefit of ALL timeshare owners and is supposedly a non-profit site (but has become a profit making site), so Tug should be more conscious of commercial upfront fee resale advertisers that their membership does not condone (ex: Ed McMahon's upfront fee resale company ad on Tug)....

Henny P.

hennypTUG negativity! Sounds like you have issues with the group and it's my guess that you have been excluded from the site.

No issues, just facts.

R P.

judy1197 wrote:
does anyone know a good closing company that won't charge too much if I sell my timeshare? I am trying to price my timeshare low enough to sell but a low closing price would also help.

i am the owner of weeks 30 &31 Patricia 111,At Dona Lola Spain.please advise .

Adil K.

Just ran across this FTC site via RCI Q & A. There is lots more which you may find of interest. MD

http://www.ftc.gov/bcp/conline/pubs/homes/resales.shtm

Resale Checklist Selling a timeshare is a lot like selling any other piece of real estate. Check with the resort to determine restrictions, limits, or fees that could affect your ability to resell or transfer ownership. Then, make sure that your paperwork is in order. You’ll need: • the name, address, and phone number of the resort; • the deed and the contract or membership agreement; • the financing agreement, if you’re still paying for the property; • information to identify your interest or membership; • the exchange company affiliation; • the amount and due date of your maintenance fee; • the amount of real estate taxes, if billed separately.

Mary D.

Who normally pays for the closing costs, attorney fees, etc. in a timeshare sale? The buyer or the seller?

Joy C.