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Buyatimeshare.com Complaint - Beware of Upfront Payments to Sell Your Timeshare

Review by Mr. Clyde on 2009-11-13
I was contacted by this sales person Cynthia, offering to sell my Timeshare in Kauai, Hawaii for $23,000. She assured me that despite having over 30 listing of properties from my resort on her site, she a had a strong demand for my timeshare. She promised me for a payment of $1,300 upfront for advertising, that my property would move very quickly. If my property did not sale in a few months, the company would continue marketing my timeshare and would give me refund of my upfront payment if I located a buyer before they closed a sell.

She promised me a refund over the telephone if I became unhappy. However, when she sent me a copy of the agreement, it indicated no refund of upfront fees.

I have checked will several sources within the Timeshare industry including Marriott and they all advised against doing business with these listing companies that charge upfront fees. Secondly, it is pretty unrealistic to sell your timeshare for more than 50% of your purchase price up to the breakeven amount.

Beware of any upfront fee to list your timeshare over and above a nominal fee usually less than a $100.

Regards,

Mr. Clyde
Comments:4 Replies - Latest reply on 2009-11-14
Posted by Anonymous on 2009-11-13:
That's how they operate. They tell you something over the phone that means nothing. All that counts is what is on the contract. Did you send them the money? If so you can kiss it goodbye.
Posted by jktshff1 on 2009-11-13:
Be aware of anything to do with a timeshare.
Posted by Anonymous on 2009-11-13:
jktshff1. I'm the first one to warn people of that and I work for a timeshare company.
Posted by YunkaG on 2009-11-14:
Be aware of anything that wants an upfront fee whether it be timeshares, loans, etc. Right off hand I can't think of a legitimate online or real estate company that charge's upfront fees to perform a service.

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