Beware of Timeshare Resale Companies that Make Promises They Can’t, or Won’t, Keep
Wednesday, December 26, 2007
You know what they say about anything that sounds too good to be true…
An Orlando timeshare resale company agreed last week to pay nearly $100,000 to consumers as part of a settlement to end the investigation into a series of complaints about the company’s practices. More than half the money will go directly to clients who complained to the Florida Office of the Attorney General, Bill McCollum. The balance of the money will go toward the cost of the investigation itself.
The Orlando Sentinel quoted McCollum as saying, “Time-share resale businesses are often mistaken for real estate brokers when they are simply providing an advertisement service to promote the sale of a consumer’s time share.”
The allegations, some of which go back 5 years, claim that the timeshare resale company made the promise that, if it could not sell your timeshare in 180 days, you would receive two free airline tickets to certain destinations. According to consumers who received the promise during telemarketing calls from the timeshare resale company, the tickets had so many caveats and restrictions that they were useless. Some customers of the timeshare reseller say they never received the tickets at all.
Other alleged false claims by the company included the timeshare resale company’s membership in the Orange County (Florida) Convention & Visitors Bureau and affiliation with the Orange County Convention Center.
What a Timeshare Resale Advertising and Marketing Company Should Do
A good timeshare resale advertising and marketing company should present all the information about your timeshare property to the largest possible market of potential timeshare buyers. They should be on the cutting edge of internet marketing strategies so that your timeshare resale or timeshare rental is advertised in a global marketplace of people who want to buy timeshare or rent timeshare.
More than that, any timeshare resale company should be able to tell you:
- • How many visitors come to their website each day. (Sell My Timeshare NOW averages more than 10,000 unique visitors to their website each day and over 30,000 total visitors.)
- • And the dollar amount of offers made to rent or buy timeshare they advertise. (Sell My Timeshare NOW averages over $800,000 a day in offers made to buy timeshare or rent timeshare.)
Not only that, but at Sell My Timeshare NOW, if your timeshare sells at the asking price or higher through any other source, bring us proof of the sale, and we will give you back the fee you pay to advertise and market your property with us. That’s a promise, and it’s one we keep.