Whom Do You Trust
Whom Do You Trust?? In the world of time share resales, there are the
"good" guys and the "bad" guys. Unfortunately, the odds
are stacked against you. With 15 years experience, we at Island Consulting
Realty have seen just about every scheme and scam imaginable. So in deciding
whom you should do business with, here's some tips on what to look for,
and what to look out for: 1. Never give an exclusive listing. You are only
tying up your property on the hopes that only one company will be able to
get the job done.
- Never, ever, ever pay a dime for anything. A legitimate resale
brokerage should earn their commissions only after they have brought
you a buyer. In the past few years we have seen companies charge fees
for: listing fees, advertising fees, appraisal fees, etc., etc.
- Be especially aware of the latest: appraisal fees. They are totally
unnecessary in the world of timeshares and are nothing more than an
excuse to charge you a fee. And yes, we know they tell you that you
can supply your own. They are banking on the fact that you won't be
able to and will use their "suggested" sources. And no, the
"bank" does NOT need an appraisal. (Call us at 800-809-6020
if you need more info on this.)
- Don't be fooled by familiar names. Some individuals will buy a franchise
to a company you are familiar with. They will then use that familiar
name in the hopes of gaining your confidence. It works well. There ARE
legitimate companies trying to do the right thing. The "red flag"
is if they ask you for money for any reason.
- Don't be fooled by promises of unrealistic selling prices. This is
a familiar ploy to grab your listing. Most of the time you'll only see
this with the companies who will then ask you for money for an appraisal,
advertising fee, MLS fee, etc. After they've got your money, they then
just go on to the next customer. Your "listing" is then filed
away. Far away!
Use our On-line
form to list your Timeshare for Sale with us.
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Buy or Sell a Timeshare Contact:
Island Consulting Realty
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