Business ProfileforParadise Vacation Luxury Properties
Real Estate
Current Alerts For This Business
BBB Investigation Results:
BBB contacted Paradise Vacation Luxury Properties regarding a submission to BBB's Scam Tracker. The consumer alleged that Paradise Vacation Luxury Properties contacted them about selling their timeshare. The consumer alleged that Paradise Vacation Luxury Properties wanted to purchase their time share but requested $5,500 in advance. The consumer also alleged that the company was requesting that the money be wired to Mexico.
BBB asked Paradise Vacation Luxury Properties to respond to the consumer's allegations. The company did not respond.
BBB found photos on this company's website that upon doing a Google image search, we found on other websites. BBB asked the company for clarification on their use of the images.
Paradise Vacation Luxury Properties did not respond.
Based on the information received in BBB's Scam Tracker, we asked the company for answers to the following questions:
Are your re-seller agents licensed to sell real estate anywhere consumers timeshares are locate? If so, please provide license(s) number.
How will you advertise and promote the timeshare units? Do you provide progress reports to consumers? If so, how often?
Do you require an advance fee for your services?
Is there a specific time frame included in any of your written agreements that give a specific ending date?
Please provide our office with copies of contracts/written agreements used by your firm.
Paradise Vacation Luxury Properties did not respond to BBB's request for additional information.
BBB asked Paradise Vacation Luxury Properties to respond to the consumer's allegations. The company did not respond.
BBB found photos on this company's website that upon doing a Google image search, we found on other websites. BBB asked the company for clarification on their use of the images.
Paradise Vacation Luxury Properties did not respond.
Based on the information received in BBB's Scam Tracker, we asked the company for answers to the following questions:
Are your re-seller agents licensed to sell real estate anywhere consumers timeshares are locate? If so, please provide license(s) number.
How will you advertise and promote the timeshare units? Do you provide progress reports to consumers? If so, how often?
Do you require an advance fee for your services?
Is there a specific time frame included in any of your written agreements that give a specific ending date?
Please provide our office with copies of contracts/written agreements used by your firm.
Paradise Vacation Luxury Properties did not respond to BBB's request for additional information.
Additional business information
Additional Info:
General Information on Selling a Timeshare Through a Reseller:
If you're thinking of selling a timeshare, the FTC cautions you to question resellers -- real estate brokers and agents who specialize in reselling timeshares.
They may claim that the market in your area is "hot" and that they're overwhelmed with buyer requests. Some may even say that they have buyers ready to purchase your timeshare, or promise to sell your timeshare within a specific time.
If you want to sell your deeded timeshare, and a company approaches you offering to resell your timeshare, go into skeptic mode:
Don't agree to anything on the phone or online until you've had a chance to check out the reseller. Contact the state Attorney Generaland local consumer protection agencies in the state where the reseller is located. Ask if any complaints are on file. You also can search online for complaints.
Ask the salesperson for all information in writing.
Ask if the reseller's agents are licensed to sell real estate where your timeshare is located. If so, verify it with the state Real Estate Commission. Deal only with licensed real estate brokers and agents, and ask for references from satisfied clients.
Ask how the reseller will advertise and promote the timeshare unit. Will you get progress reports? How often?
Ask about fees and timing. It's preferable to do business with a reseller that takes its fee after the timeshare is sold. If you must pay a fee in advance, ask about refunds. Get refund policies and promises in writing.
Don't assume you'll recoup your purchase price for your timeshare, especially if you've owned it for less than five years and the location is less than well-known.
If you want an idea of the value of a timeshare that you're interested in buying or selling, consider using a timeshare appraisal service. The appraiser should be licensed in the state where the service is located. Check with the state to see if the license is current.
Contract Caveats:
Before you sign a contract with a reseller, get the details of the terms and conditions of the contract. It should include the services the reseller will perform; the fees, commissions, and other costs you must pay and when; whether you can rent or sell the timeshare on your own at the same time the reseller is trying to sell your unit; the length or term of the contract to sell your timeshare; and who is responsible for documenting and closing the sale.
If the deal isn't what you expected or wanted, don't sign the contract. Negotiate changes or find another reseller.
Resale Checklist:
Selling a timeshare is a lot like selling any other piece of real estate. But you also should check with the resort to determine restrictions, limits, or fees that could affect your ability to resell or transfer ownership. Then, make sure that your paperwork is in order.
You'll need:
the name, address, and phone number of the resort
the deed and the contract or membership agreement
the financing agreement, if you're still paying for the property
information to identify your interest or membership
the exchange company affiliation
the amount and due date of your maintenance fee
the amount of real estate taxes, if billed separately
To learn more about vacation ownership, contact the American Resort Development Association. It represents the vacation ownership and resort development industries. ARDA has nearly 1,000 members, ranging from privately-held companies to major corporations, in the U.S. and overseas.
American Resort Development Association
1201 15th Street N.W., Suite 400
Washington, D.C. 20005
(202) 371-6700; Fax: (202) 289-8544
www.arda.org
If you feel you've been a victim of a scam, please report that information to BBB's Scam Tracker at bbb.org/scamtracker.
If you're thinking of selling a timeshare, the FTC cautions you to question resellers -- real estate brokers and agents who specialize in reselling timeshares.
They may claim that the market in your area is "hot" and that they're overwhelmed with buyer requests. Some may even say that they have buyers ready to purchase your timeshare, or promise to sell your timeshare within a specific time.
If you want to sell your deeded timeshare, and a company approaches you offering to resell your timeshare, go into skeptic mode:
Don't agree to anything on the phone or online until you've had a chance to check out the reseller. Contact the state Attorney Generaland local consumer protection agencies in the state where the reseller is located. Ask if any complaints are on file. You also can search online for complaints.
Ask the salesperson for all information in writing.
Ask if the reseller's agents are licensed to sell real estate where your timeshare is located. If so, verify it with the state Real Estate Commission. Deal only with licensed real estate brokers and agents, and ask for references from satisfied clients.
Ask how the reseller will advertise and promote the timeshare unit. Will you get progress reports? How often?
Ask about fees and timing. It's preferable to do business with a reseller that takes its fee after the timeshare is sold. If you must pay a fee in advance, ask about refunds. Get refund policies and promises in writing.
Don't assume you'll recoup your purchase price for your timeshare, especially if you've owned it for less than five years and the location is less than well-known.
If you want an idea of the value of a timeshare that you're interested in buying or selling, consider using a timeshare appraisal service. The appraiser should be licensed in the state where the service is located. Check with the state to see if the license is current.
Contract Caveats:
Before you sign a contract with a reseller, get the details of the terms and conditions of the contract. It should include the services the reseller will perform; the fees, commissions, and other costs you must pay and when; whether you can rent or sell the timeshare on your own at the same time the reseller is trying to sell your unit; the length or term of the contract to sell your timeshare; and who is responsible for documenting and closing the sale.
If the deal isn't what you expected or wanted, don't sign the contract. Negotiate changes or find another reseller.
Resale Checklist:
Selling a timeshare is a lot like selling any other piece of real estate. But you also should check with the resort to determine restrictions, limits, or fees that could affect your ability to resell or transfer ownership. Then, make sure that your paperwork is in order.
You'll need:
the name, address, and phone number of the resort
the deed and the contract or membership agreement
the financing agreement, if you're still paying for the property
information to identify your interest or membership
the exchange company affiliation
the amount and due date of your maintenance fee
the amount of real estate taxes, if billed separately
To learn more about vacation ownership, contact the American Resort Development Association. It represents the vacation ownership and resort development industries. ARDA has nearly 1,000 members, ranging from privately-held companies to major corporations, in the U.S. and overseas.
American Resort Development Association
1201 15th Street N.W., Suite 400
Washington, D.C. 20005
(202) 371-6700; Fax: (202) 289-8544
www.arda.org
If you feel you've been a victim of a scam, please report that information to BBB's Scam Tracker at bbb.org/scamtracker.
Additional Info:
BBB sent our Standard Business Questionnaire for the company's completion and return. Information sought would provide BBB with the transparency needed in order for consumes to make an informed decision prior to doing business with the company.
Paradise Vacation Luxury Properties did not respond to BBB's request for information.
Paradise Vacation Luxury Properties did not respond to BBB's request for information.
At-a-glance
Business Details
- Location of This Business
- 137 Mitchell ST. SW, Atlanta, GA 30303
- BBB File Opened:
- 4/4/2019
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Additional Contact Information
Phone Numbers
- (510) 381-0935Other Phone
Email Addresses
- Primary
- Other
- (510) 381-0935
Customer Complaints
0 Customer Complaints
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