Timeshare Market Pro

Got a call from Timeshare Market Pro yesterday (3-10-09). They said check them out and they would call back today (3-11-09). They want up front $ to market and finance the sale of my week at big sporting events and thru their radio stations.

curitsl wrote:

Got a call from Timeshare Market Pro yesterday (3-10-09). They said check them out and they would call back today (3-11-09). They want up front $ to market and finance the sale of my week at big sporting events and thru their radio stations.

Don't do it. all this company what is your money. Timeshare market pro ripped me off for 599.00 and did nothing for me. keep diging information. timeshare market pro is a big scam. they are not the ony one. You have sellmytimesharenow.com another scam, these company are all rippoff. Learn from me now I lost big time with all this companies out there. I was so desperate to sell that i listed with 5 different company and all of them took my money, starting with this one timeshare market pro, sellmytimesharenow.com and buyatimeshare.com

Try Remax. they are legitimate. We own a timeshare in Hollywood Fla. (worst thing we ever done). Only used one bonus week since 2006, and are trying to "DONATE" it cuz we can't weeks we want, ever, and they still want their maintenance fee. we tried all those "agencies", and thankfully, we got our $1500 back from these scammers. They are always available, until you send credit card info to start their process for selling it, then no one is there when you call for updates. we got lucky--getting our fees back, for fraud, cuz they didn't deliver. The better business bureau is worthless, because these companies re-invent themselves, and being new, the BBB says they have no complaints. It's not till they scam so many people that they get complaints and then score them, and alert people. by then though, too many people are fu@#!d. then the "company" changes names, and start it all over again, and BBB says "no complaints" leading new people to believe they are reputable, and on and on.

edwarda63 wrote:

Try Remax. they are legitimate. We own a timeshare in Hollywood Fla. (worst thing we ever done). Only used one bonus week since 2006, and are trying to "DONATE" it cuz we can't weeks we want, ever, and they still want their maintenance fee. we tried all those "agencies", and thankfully, we got our $1500 back from these scammers. They are always available, until you send credit card info to start their process for selling it, then no one is there when you call for updates. we got lucky--getting our fees back, for fraud, cuz they didn't deliver. The better business bureau is worthless, because these companies re-invent themselves, and being new, the BBB says they have no complaints. It's not till they scam so many people that they get complaints and then score them, and alert people. by then though, too many people are fu@#!d. then the "company" changes names, and start it all over again, and BBB says "no complaints" leading new people to believe they are reputable, and on and on.

How did you go about getting your refund?

edwarda63 wrote:

Try Remax. they are legitimate.

Many people who fall for these scams own timeshares that are only worth a few thousand dollar, at best, OR people who hope they can recoup their initial purchase price.

We got our refund back, because i provided my bank with the document I signed for the initial 599 or whatever it was to sell it. Then when we were told by the timeshare company it "sold" (a lie), but to complete the transaction we needed to provide another 900.00. (what happened to the one-time fee?) Anyways, it was all done by transactions through our credit card (Bank of America). I made calls, faxed copies, BBB letters on complaints, and actually got a statement from a realtor who works in the Florida area who gladly sent me a letter as well, supporting my claim on fraud/deceit, as she told it, she gets many calls about this. Pretty big scam in Florida state. etc. Dogged work. I explained the fraud, and that I was duped, and since the "original" document said a one time fee up front, and the bank could see in my financial history there was more than one payment etc. they reversed/and credited back my money. I immediatedly changed my account (in case the company, who has a new name--maybe timesharepro,), couldn't "get it back". Fraud is the magic word.

edwarda63 wrote:

We got our refund back, because i provided my bank with the document I signed for the initial 599 or whatever it was to sell it. Then when we were told by the timeshare company it "sold" (a lie), but to complete the transaction we needed to provide another 900.00. (what happened to the one-time fee?) Anyways, it was all done by transactions through our credit card (Bank of America). I made calls, faxed copies, BBB letters on complaints, and actually got a statement from a realtor who works in the Florida area who gladly sent me a letter as well, supporting my claim on fraud/deceit, as she told it, she gets many calls about this. Pretty big scam in Florida state. etc. Dogged work. I explained the fraud, and that I was duped, and since the "original" document said a one time fee up front, and the bank could see in my financial history there was more than one payment etc. they reversed/and credited back my money. I immediatedly changed my account (in case the company, who has a new name--maybe timesharepro,), couldn't "get it back". Fraud is the magic word.

Good for you ... everyone should follow your example .... if I was ever scammed by such a company, I would go to the ends of the earth in getting my money back as you did .... kudos to you. I can't believe how many people are scammed by upfront fee companies but do absolutely nothing about it.

First of all if you own a timeshare you should know that it is considered a luxury item and you are taxed on it a different way then real property. Timeshare resale companies are licensed to sell timeshare not real estate. So you shouldn't have a real estate agent try to sell you timeshare because they will charge you as well, but the difference is it will just sit there. Before you pay the fee to any timeshare resale company, you should get their license number to be sure that they are certified to do what they say.

cynthiac165 wrote:

First of all if you own a timeshare you should know that it is considered a luxury item and you are taxed on it a different way then real property. Timeshare resale companies are licensed to sell timeshare not real estate. So you shouldn't have a real estate agent try to sell you timeshare because they will charge you as well, but the difference is it will just sit there. Before you pay the fee to any timeshare resale company, you should get their license number to be sure that they are certified to do what they say.

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.

SellMyTimeshareNow and VRBO charge hundreds of dollars and they are not a scam. I haven't been inclined to use VRBO due to their expense but that doesn't mean they are a scam.

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".

peterp151 wrote:

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 agree, just because you overpaid for a product doesn't mean you where scammed, but many of the complaints revolve around the deceit told to people in order to get the money. These companies promise refunds, then don't deliver. Some of these companies disappear altogether. That is the real scam.

You also have to checkout the websites of the upfront fee companies. If you "google" Timeshare Resales, do the sites of these upfront fee companies show up.

Yes, Sellmytimeshare now charges hundreds of dollars, but do you want to pay hundreds of dollars to list your unit on ONE site when for less than $100 total you can list your unit on 4 or 5 sites.

There are several posts on TUG regarding Sellmytimesharenow. SMTN started out as doing business the way one would expect...ethically and morally. They would tell people exactly what their TS was worth. However, when other up-front fee companies came along and told people that their TS was only worth $10000 and it could be sold in 60 days, SMTN stopped getting the listings. Then SMTN changed their business model to start telling people they can get the big bucks.

Here's one thread which may interest you.

Timeshare market pro is a legitimate company. They have undergone new management, and are willing to do whatever to resolve previous issues. Timeshare Market Pro has been a great company to work with for so many people, and some have had a bad experience.

Timeshare Market Pro is great!

In response to Mike, I agree SMTN sales staff misrepresent values, the volume and prices of completed sales (they are counting every inquiry at the asking price, not confirmation of actual rented or sold unit at agreed upon prices), and probably a number of other things.

However, I have paid for 31 ads on thier site and have had sufficient bookings to justify the expense. That's better than my experience on Redweek. I certainly receive a number of inquiries, but not bookings. What does it matter if I paid less for a Redweek ad if I do not get bookings?

So my position on SMTN is still the same. yes they lie. Yes they will stop updating your ad after a few years even if you paid for a perpetual ad. But they don't remove the ad if its perpetual and inquiries thru SMTN result in more bookings than most other sites. so far only Craigslist has provided a higher booking rate.

I guess I've overlooked what we are defining as a scam. SMTN can be considered a scam because the sales pitch is full of deception. But the site works. Is it worth the money? I think so. Are the lies justified because the site works? Definitely not.

peterp151 wrote:

In response to Mike, I agree SMTN sales staff misrepresent values, the volume and prices of completed sales (they are counting every inquiry at the asking price, not confirmation of actual rented or sold unit at agreed upon prices), and probably a number of other things.

However, I have paid for 31 ads on thier site and have had sufficient bookings to justify the expense. That's better than my experience on Redweek. I certainly receive a number of inquiries, but not bookings. What does it matter if I paid less for a Redweek ad if I do not get bookings?

So my position on SMTN is still the same. yes they lie. Yes they will stop updating your ad after a few years even if you paid for a perpetual ad. But they don't remove the ad if its perpetual and inquiries thru SMTN result in more bookings than most other sites. so far only Craigslist has provided a higher booking rate.

I guess I've overlooked what we are defining as a scam. SMTN can be considered a scam because the sales pitch is full of deception. But the site works. Is it worth the money? I think so. Are the lies justified because the site works? Definitely not.

Hi Peter,

I'm curious why you recently purchased another rental posting on RedWeek.com under a new account if you didn't have success with the previous ones. BTW, I've edited out your website address out of the new posting as well. You know from past experience that including your personal website is not allowed.

Looking forward to your reply.

Marty

Peterp131: "But they don't remove the ad if its perpetual and inquiries thru SMTN result in more bookings than most other sites. so far only Craigslist has provided a higher booking rate."

So how much do Craigslist charge you, compared to SMTN?

Hi Marty,

Sorry about that! Ad R365071 advertises his eBay ID, which gave me the idea to do a similar action. I listed the new ad because I was specifically asked to, whereas previously I actively marketed Redweek as one of my advertising medium. I have also taken care to say positive things about Redweek in the forums now.

David,

Craigslist does not currently charge a fee, but customers there tend to want to pay lower rental amounts than Redweek or SMTN customers.

peterp151 wrote:

Hi Marty,

Sorry about that! Ad R365071 advertises his eBay ID, which gave me the idea to do a similar action. I listed the new ad because I was specifically asked to, whereas previously I actively marketed Redweek as one of my advertising medium. I have also taken care to say positive things about Redweek in the forums now.

David,

Craigslist does not currently charge a fee, but customers there tend to want to pay lower rental amounts than Redweek or SMTN customers.

Hi Peter,

I checked the ebay username and he isn't selling timeshares on his ebay page. He included his ebay id information to help people to know that he has a good reputation. I don't really see anything wrong with that. You posted your website link in your ad where you actively buy and rent timeshares. That's a big difference.

I'm not sure I understand what you mean when you say you were specifically asked to add your new posting. Can you please explain?

Thanks, Peter.

Marty

I just got a call from Timeshare market pro. is this a legit company and did they sell your timeshare as easily and quickly as they said?

darlenew65 wrote:

I just got a call from Timeshare market pro. is this a legit company and did they sell your timeshare as easily and quickly as they said?

Darlenew65 did you take the time to read three full pages on this posting before asking your question. If you have then most of your questions should have been answered.

Also there are many other postings on these upfront companies and many warnings not to give them your money.

Many people jump on these post the lazy way and just ask same questions that have been asked and answered over and over again without reading anything!

From your question it sounds like it is directed to one person on here. Unless you know this person are you ready to take their word on anything to do with you parting with your money.

We get many shill's on here and other sites trying to make everyone think they are the one company that runs a upfront company honest,give me a break! These companies take your money upfront and put you on a listing that very seldom does anything and most suckers find these parasites won't even take your calls after they have your money.

Spend some time and read all the topics on these companies you can find and there are many.

You can use Tug or Redweek or just google the company name to check them out and remember as most of these parasites get known or busted they just move to another location and have new name but same old game plan.

PHILL12