Upfront fee resale companies are against the law in Florida .... report them ASAP

Forum: Timeshare Companies

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By jayjay

Upfront fee resale companies are against the law in Florida .... report them ASAP

marshallr12 wrote:
I think this is a great post! To carry it a bit further what are your thoughts, or the law, on companies that want an up front fee to advertise or rent your week?

You probably don't want know my thoughts on upfront fee resale company scammers that charge in the hundreds/thousands of dollars for doing absolutely nothing.

The best thing you can do is report them to the AG.

Avatar for jayjay jayjay

8 years ago
Aug 24, 2010

By ken1193

Upfront fee Listing and advertising (NOT selling) companies...

lancec13 wrote:
...seems Florida is the only state trying to shut down these companies.
Well, there are several plainly evident reasons for this:

1. There are more timeshare weeks in the state of Florida than exist in all of the rest of the country combined together. Accordingly, it's only logical that any attempts at regulation would begin in Florida.

2. Florida Attorney General Bill McCollum wants to get elected to be the next Governor of Florida. His (only relatively recent) "interest" in this particular timeshare issue MAY well be sincere, but it is definitely also a public image "winner" (...like petting dogs or kissing babies).

In the final analysis, it will take FEDERAL legislation to drive EVERY upfront fee parasite in the U.S. out of business and out of existence and back into their holes in the ground. Until there is Federal jurisdiction and regulation, these parasites will simply move their operations out of Florida (...as some have already done, in fact).

================================================== UPDATE follows below: ================================================== Well, AG Bill McCollum has officially LOST in his bid to become the next Governor of Florida.

So, I guess we'll see just how much real "steam" and focus this recent "upfront fee timeshare lising company reform" (and associated court decisions) will have in Florida going forward, since AG McCollum will be GONE from the FL government as of January, 2011. Too bad, really, since he has been very much "pro consumer" while AG of Florida.

Last edit by ken1193 on Aug 27, 2010 10:09 AM.

Avatar for ken1193 ken1193

8 years ago
Aug 24, 2010

By lancec13

Upfront fee resale companies are against the law in Florida .... report them ASAP

So to my understanding, it is illegal for an upfront fee scam outfit to:

A) operate in the state of Florida;

B) sell its "advertising" for a resort in Florida;

C) sell its "advertising" to a resident of Florida (regardless of where the unit is located).

If that is the case, how would situations B & C work if the company is located in Texas? Who would prosecute it and its crooks? Florida or Texas?

Avatar for lancec13 lancec13

8 years ago
Aug 25, 2010

By philliph32

Has anyone been contacted by Corporate Resort Specialists? Their mail drop is in Las Vegas.

They got me for a Corporate Sale and needed my money up front to complete the process.

Avatar for philliph32 philliph32

8 years ago
Aug 25, 2010

By lancec13

philliph32 wrote:
Has anyone been contacted by Corporate Resort Specialists? Their mail drop is in Las Vegas.

They got me for a Corporate Sale and needed my money up front to complete the process.

Complete what process? If they have a legitimate sale/buyer lined up, you should not have to pay anything as the seller.

Avatar for lancec13 lancec13

8 years ago
Aug 25, 2010

By ken1193

"Specialists" indeed...

philliph32 wrote:
Has anyone been contacted by Corporate Resort Specialists? Their mail drop is in Las Vegas.

They got me for a Corporate Sale and needed my money up front to complete the process.

Yup.....they "needed your money upfront" alright. The "process" they completed was to promptly deposit your money into their bank account. Nothing more is going to happen and you will never hear from them again. Corporations, by the way, DON'T buy timeshares.

If you paid by credit card within the past 60 days, you can TRY to dispute the charge through your credit card company. If longer ago than 60 days, or if paid by some other means, then you have essentially made a (non-deductible) voluntary contribution / donation to these parasites and have just unfortunately learned an expensive life lesson.

Last edit by ken1193 on Aug 27, 2010 07:15 PM.

Avatar for ken1193 ken1193

8 years ago
Aug 26, 2010

By lancec13

Upfront fee resale companies are against the law in Florida .... report them ASAP

Any chance that any state's A-G is going to start taking action against these PCCs that claim that they will "cancel" your timeshare contract (and then merely assume power of attorney)?

Avatar for lancec13 lancec13

8 years ago
Aug 30, 2010

By ken1193

Not likely...

lancec13 wrote:
Any chance that any state's A-G is going to start taking action against these PCCs that claim that they will "cancel" your timeshare contract (and then merely assume power of attorney)?
No, not likely. Since the PCC's who merely establish PoA make that fact abundantly clear, in writing within the contract, there is really no illegality involved. Unfortunately, some people either don't bother to read the contract, or they fail to understand (or even bother to try to understand) that a mere Power of Attorney to authorize a PCC to TRY to sell the timeshare is very, VERY different from an actual legal change in ownership by the preparation and formal recording of a new, valid deed in a new owner name.

Last edit by ken1193 on Aug 31, 2010 07:25 AM.

Avatar for ken1193 ken1193

8 years ago
Aug 31, 2010

By jayjay

Upfront fee resale companies are against the law in Florida .... report them ASAP

marshallr12 wrote:
I think this is a great post! To carry it a bit further what are your thoughts, or the law, on companies that want an up front fee to advertise or rent your week?

My thoughts are that ALL UPFRONT FEE resale companies should be outlawed .... why they are allowed to continue their fraud is beyond my comprehension.

Avatar for jayjay jayjay

8 years ago
Sep 01, 2010

By jodim79

Upfront fee resale companies are against the law in Florida .... report them ASAP

Actually, I found one company that has helped me get my money back. and they didn't try to "re-list" my property. They were a legitimate Debt Collections company who sent a cease and desist letter to my listing company, and with a Power of Attorney, were able to negotiate a refund through my credit card company. I just wish I had found this company sooner, because I wouldn't have spent so much money. In the past 5 years I have spent over $10,000 to "list" my property, and have never even had one inquiry about it. They should all be shut down in my opinion. Oh, if anybody wants the name of the collection company, please send me a message.

Avatar for jodim79 jodim79

8 years ago
Sep 02, 2010

By ken1193

Can't "send you a message"...

jodim79 wrote:
Oh, if anybody wants the name of the collection company, please send me a message.
There is actually no mechanism on RedWeek by which to "send you a message", unless you actually provide an email adress within your post. That said, I don't know if the site moderators would object (or consider it "advertising") if you just outright identified the company name..

Last edit by ken1193 on Sep 03, 2010 12:34 PM.

Avatar for ken1193 ken1193

8 years ago
Sep 03, 2010

By jodim79

Can't "send you a message"...

I was afraid to mention the name, because I didn't want it to get booted off, and THEY REALLY DID GET MY MONEY BACK. Maybe I can give you some tips to finding it yourself. I did a Google search for fee recovery laws, and their company was the only one that came up with a verifiable address and phone number. The other ones came up with a form ... which I filled out for a few of them and got calls from other listing agencies, offering to get my money back if I listed with them (and paid more fees). I also checked with sunbiz.org, and they are listed, and with Dept. of Consumer Services, and they are listed, and with Florida Office of Financial Regulation, and they hold a Consumer Debt Collections license, with no complaints against them. Hopefully that helps.

Avatar for jodim79 jodim79

8 years ago
Sep 03, 2010

By ken1193

Can't "send you a message"...

jodim79 wrote:
I was afraid to mention the name, because I didn't want it to get booted off, and THEY REALLY DID GET MY MONEY BACK.
Personally, I have no need or use for any such entity. I just thought others who might be interested could benefit from identification of the agency, or a means to contact you directly (which you offered, but without providing any avenue by which to actually do so).

If you don't want to provide an email address for contact, then just name the company outright. The worst that can possibly happen is that a moderator MAY remove the comapny name from your post, if deemed to seem like "advertising". If so, so be it. What have you got to lose?

Last edit by ken1193 on Sep 04, 2010 04:17 AM.

Avatar for ken1193 ken1193

8 years ago
Sep 04, 2010

By jodim79

Can't "send you a message"...

The name of the company is Timeshare Financial Recovery. They do charge a 20% retainer up front, but I figured what can it hurt, I am already out so much, if it doesn't work, oh well, what have I got to lose. They actually got me refunded, and it took about 2 months. They were always very accomodating when I called for an update, and told me every step they were taking, even who they spoke to at the company. A much better experience than I had with the listing agencies, who seemed to never be in when I called. Finally, a legitamate company! I cannot stress enough on this forum, how you should NEVER pay an upfront fee to list your timeshare, or to sell your timeshare. That is like saying you should pay upfront to sell your house!

Avatar for jodim79 jodim79

8 years ago
Sep 04, 2010

By jayjay

Can't "send you a message"...

jodim79 wrote:
The name of the company is Timeshare Financial Recovery. They do charge a 20% retainer up front, but I figured what can it hurt, I am already out so much, if it doesn't work, oh well, what have I got to lose. They actually got me refunded, and it took about 2 months. They were always very accomodating when I called for an update, and told me every step they were taking, even who they spoke to at the company. A much better experience than I had with the listing agencies, who seemed to never be in when I called. Finally, a legitamate company! I cannot stress enough on this forum, how you should NEVER pay an upfront fee to list your timeshare, or to sell your timeshare. That is like saying you should pay upfront to sell your house!

I smell a shill ..... http://tugbbs.com/forums/showthread.php?t=127842&highlight=Timeshare+Financial+Recovery

Avatar for jayjay jayjay

8 years ago
Sep 05, 2010

By jayjay

Can't "send you a message"...

jodim79 wrote:
The name of the company is Timeshare Financial Recovery. They do charge a 20% retainer up front

A 20% retainer of what ?????

Last edit by jayjay on Sep 05, 2010 07:39 AM.

Avatar for jayjay jayjay

8 years ago
Sep 05, 2010

By jodim79

Can't "send you a message"...

it was 20% of the money I had spent to list my timeshare. Why is it that if a company does a good thing, everyone thinks you are full of *&^%, but if I wanted to post a bad company on here, then I would have a 1000 replys? Can't someone ever give kudos to a company that has helped them without being ridiculed?

Avatar for jodim79 jodim79

8 years ago
Sep 05, 2010

By jayjay

Can't "send you a message"...

jodim79 wrote:
it was 20% of the money I had spent to list my timeshare. Why is it that if a company does a good thing, everyone thinks you are full of *&^%, but if I wanted to post a bad company on here, then I would have a 1000 replys? Can't someone ever give kudos to a company that has helped them without being ridiculed?

By the time they charge clients 20% upfront and 20% upon completion there's not much left for the client .... I would have to see verifiable positive ressults by many people that this company has helped them ..... sorry, in researching the company all I can find are negatives and that this company is merely made up of former upfront fee resale scammers that's found a new scam to rip timeshare owners off.

Avatar for jayjay jayjay

8 years ago
Sep 06, 2010

By jodim79

Can't "send you a message"...

Actually, when I looked them up on Google, I found one post from pissedcustomer.com, but upon reading the post, found it was a former employee. There was something also on TUG, but that one seemed to be locked, so I couldn't get any information. I have worked at companies before that have had employees try to bash them on the internet. All I know is that I was a happy customer, and I don't understand why it is so hard for someone to give an honorable mention for something good. Is this world really that cynical?

Avatar for jodim79 jodim79

8 years ago
Sep 06, 2010

By jayjay

Can't "send you a message"...

As far as anything having to do with timeshares in the same sentence with upfront fees, then yes the world is cynical.

Avatar for jayjay jayjay

8 years ago
Sep 07, 2010

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