It seems that there appear more and more of the resale of timeshare companies in the news lately. Recently, two Florida timeshare resale company in court over an action brought by the Committee are accusing them predatory practices in sales. Filed by Attorney General Bill McCollum, the lawsuit alleges the company for months raked in $ 4,000,000 each. Seeking a preliminary injunction, the AG requires that all business no longer in the yard.
These companies work off of resaleGreed. It's understandable-you put a lot of money and would like to see it come back to you. But the problem is a simple one. There are too many timeshares on the market. First steps in one of these systems is captured just attractive because timeshare owners have had problems selling their timeshares.
The company alleged in the complaint made to to $ 2,500 for the resale of timeshare advertising services billed. The suit remains that these companies have maintained a vast network,that would allow them to aggressively market the timeshare owners. However, there were no jobs, no contributions, and no marketing or advertising. The AG in essence argued that owners were deceived into a complete sham.
Now the suit is still pending, of course. But it is safe to say that this type of crime in the timeshare industry occur routinely. It has Florida recent actions similar allegations in Boston, and Orlando, ends with a rule in a settlement.
We canLearn a valuable lesson from these events, and the most obvious is that you should never pay a company to resell your timeshare list. Upfront fees of more than about $ 50 is not your money's worth. A typical eBay listing you will receive a greater profit opportunities, and higher dividends. Timeshare resale companies prey on owners who deliberately do not like the timeshare industry operate. Deals are too good to be true usually are. But with time-share is this gospel.
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