deligirlct
newbie
Has anyone heard of timeshare brokers in Florida? they call from Orlando and Opa Locke and tell me they have a buyer for my timeshare
-
TUG started 32 years ago in October 1993 as a group of regular Timeshare owners just like you!
Read about our 32nd anniversary: Happy 32nd Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
All subscribers auto-entered to win all free TUG membership giveaways!
Visit TUG on Youtube! -
TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!
Read more here: TUG saves owners more than $24 Million dollars -
Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
-
Now through the end of the year you can join or renew your TUG membership at the lowest price ever offered! Learn More!
-
Sign up to get the TUG Newsletter for free!
Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners! -
Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!
All T-shirt options here!
timeshare brokers
- Thread starter deligirlct
- Start date
DeniseM
Moderator
- Joined
- Jun 6, 2005
- Messages
- 59,789
- Reaction score
- 12,398
- Location
- Northern, CA
- Resorts Owned
- WKORV, WKV, SDO, Hyatt High Sierra, Dolphin's Cove (Anaheim) NEW: 4 Lawa'i Beach Resort!
Welcome to TUG! 
I am not familiar with that particular company, but typically, the next step is that they will ask for a large upfront payment to list your timeshare. After you make the payment, the "seller will back out" and that's the last you will hear from any of them.
With the economy the way it is, people are dumping nice timeshares on ebay for $1, because they can't afford to travel and they can't afford the maintenance fee. If this company has a buyer willing to pay thousands for your timeshare - be VERY suspicious. Right now on the resale market, the top dogs like Starwood, Hilton, and Hyatt are selling for 50% or less of retail, the mid-level resorts for 10-20% of retail, and the bottom resorts aren’t selling at all.
Here on TUG, we don't recommend paying a big upfront fee to a reseller, because once they have your money, they have no motivation to actually SELL your timeshare - why bother? They already have your money!
If you have to sell your TS, here are some links that might be helpful, but if you can hold on until the economy improves, or if we can help you learn how to get more out of your TS, you might be better off.
TUG advice articles -
How to sell your TS
How to rent your timeshare
In addition to the free TUG Marketplace (linked in the red bar at the top of the page) I personally use these cheap or free websites to post my Ads:
www.craigslist.org (free)
www.redweek.com
* Membership $14.99 for 12 Months
* Timeshare Rental Postings - $19.99/ea for 6 Months - $49.99/ea for 12 Months
www.myresortnetwork.com
$19.95 posting fee ($24.95 for a float week ad)
BTW - we have a no-advertising rule on TUG, so you will not be able to post the specific details of your ownership here. If someone asks, you can click on their blue user name and send them a private message, if you want to.
Good luck!
I am not familiar with that particular company, but typically, the next step is that they will ask for a large upfront payment to list your timeshare. After you make the payment, the "seller will back out" and that's the last you will hear from any of them.
With the economy the way it is, people are dumping nice timeshares on ebay for $1, because they can't afford to travel and they can't afford the maintenance fee. If this company has a buyer willing to pay thousands for your timeshare - be VERY suspicious. Right now on the resale market, the top dogs like Starwood, Hilton, and Hyatt are selling for 50% or less of retail, the mid-level resorts for 10-20% of retail, and the bottom resorts aren’t selling at all.
Here on TUG, we don't recommend paying a big upfront fee to a reseller, because once they have your money, they have no motivation to actually SELL your timeshare - why bother? They already have your money!
If you have to sell your TS, here are some links that might be helpful, but if you can hold on until the economy improves, or if we can help you learn how to get more out of your TS, you might be better off.
TUG advice articles -
How to sell your TS
How to rent your timeshare
In addition to the free TUG Marketplace (linked in the red bar at the top of the page) I personally use these cheap or free websites to post my Ads:
www.craigslist.org (free)
www.redweek.com
* Membership $14.99 for 12 Months
* Timeshare Rental Postings - $19.99/ea for 6 Months - $49.99/ea for 12 Months
www.myresortnetwork.com
$19.95 posting fee ($24.95 for a float week ad)
BTW - we have a no-advertising rule on TUG, so you will not be able to post the specific details of your ownership here. If someone asks, you can click on their blue user name and send them a private message, if you want to.
Good luck!
- Joined
- Jun 6, 2005
- Messages
- 16,094
- Reaction score
- 2,202
- Resorts Owned
- Grandview At Las Vegas
[triennial - points]
Running $100 Bills Through The Shredder Is Quicker & Cheaper, With The Same Result.
Click here for a (hypothetical) illustration of how that kind of hornswoggle fits into the multiple layers of overlapping timeshare scam out there that are waiting to catch us up if we're not wary.
Never heard of'm -- BUT if they tell you that you have to pony up some substantial amount of money BEFORE the sale to the buyer they claim they already have for your timeshare, then they're a company that makes its money by absorbing money up-front from suckers rather than by actually, you know, selling timeshares.
Click here for a (hypothetical) illustration of how that kind of hornswoggle fits into the multiple layers of overlapping timeshare scam out there that are waiting to catch us up if we're not wary.
-- Alan Cole, McLean (Fairfax County), Virginia, USA.
You are probably referring to Timeshare Broker Services
You are probably referring to Timeshare Broker Services, the brokerage affiliated with SMTN. Many of their agents work from home, so their calls can come from a number of locations.
If they have a buyer, I'd recommend you have them send you the contract. It should detail the full terms of the sale, including the commission you will be required to pay at closing and any other add on fees or transaction fees that will be applied, as well as a listing agreement. Be sure to read all the terms fully, and understand that you can decline the listing but still accept the contract if you don't want to be obligated to them if the buyer later cancels. You would have to return the listing to them and write in "declined listing" or "refused to sign" on the signature line. They will probably need to have a copy of the declined form in their file to prove it was sent to you if the transaction is later audited by the state.
At this point, as a seller you should investigate every opportunity you get to secure a buyer!
Good luck....
You are probably referring to Timeshare Broker Services, the brokerage affiliated with SMTN. Many of their agents work from home, so their calls can come from a number of locations.
If they have a buyer, I'd recommend you have them send you the contract. It should detail the full terms of the sale, including the commission you will be required to pay at closing and any other add on fees or transaction fees that will be applied, as well as a listing agreement. Be sure to read all the terms fully, and understand that you can decline the listing but still accept the contract if you don't want to be obligated to them if the buyer later cancels. You would have to return the listing to them and write in "declined listing" or "refused to sign" on the signature line. They will probably need to have a copy of the declined form in their file to prove it was sent to you if the transaction is later audited by the state.
At this point, as a seller you should investigate every opportunity you get to secure a buyer!
Good luck....